Mandatory notification of trade Opera Software

On 4th of December 2008, DnB NOR has, on behalf of Opera Software, purchased 15,321 shares for use in the group`s employee share purchase plan (ESSP). The shares have been acquired at a price of NOK 16.42 per share. The discounted share price to the employee is NOK 13.96 per share.

The following primary insiders have purchased shares:

Petter Lade, Investor Relations Manager, purchased 608 shares at NOK 13.96. Following this transaction, Lade holds a total of 41,306 shares and 25,000 options in Opera Software.

Rolf Assev, Chief Strategy Officer, purchased 608 shares at NOK 13.96. Following this transaction, Assev holds a total of 466,126 shares and 320,000 options in Opera Software.

Christen Krogh, Chief Development Officer, purchased 608 shares at NOK 13.96. Following this transaction, Krogh holds a total of 15,531 shares and 536,000 options in Opera Software.

Jason Hoida, Deputy General Counsel, purchased 608 shares at NOK 13.96. Following this transaction, Hoida holds a total of 2,867 shares and 30,000 options in Opera Software.

Joakim Kashbom, Finance and Commercial Manager, purchased 608 shares at NOK 13.96. Following this transaction, Kashbom holds a total of 1,306 shares and 25,000 options in Opera Software.

Edward Welbourne, Deputy Employee Board member, purchased 608 shares at NOK 13.96. Following this transaction, Welbourne holds a total of 608 shares and 4,592 options in Opera Software.

Charles McCathieNevile, Employee Board member, purchased 608 shares at NOK 13.96. Following this transaction, McCathieNevile holds a total of 608 shares and 13,776 options in Opera Software.