Mandatory notification of trade Opera Software

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On 26th November 2010, DnB NOR has, on behalf of Opera Software, purchased
7,841 shares for use in the group's employee share purchase plan (ESSP). The shares have been acquired at a price of NOK 28.14, based on an average price obtained by optionsholders in the period of 23rd-26th November. The discounted share price to the employee is NOK 23,92 per share.

 
The following primary insider has purchased shares:
 
Baard Farmen Andresen, purchased 355 shares at NOK 23,92. Following this transaction,
Andresen holds a total of 1,204 shares and 45,000 options in Opera Software.
 
Petter Lade, Investor Relations
Tel: +47 2369 3444
 
Opera Software ASA has redefined Web browsing for PCs, mobile phones and
other networked devices. Opera's cross-platform Web browser technology
is renowned for its performance, standards compliance and small size,
while giving users a faster, safer and more dynamic online experience.
Opera Software is headquartered in Oslo, Norway, with offices around the
world. The company is listed on the Oslo Stock Exchange under the ticker
symbol OPERA. Learn more about Opera at
http://www.opera.com