Mandatory notification of trade Opera Software

On 17th June 2011, DnB NOR has, on behalf of Opera Software, purchased
5,760 shares for use in the group's employee share purchase plan (ESPP).
The shares have been acquired at a price of NOK 33.27, based on an
average price obtained by optionsholders in the period of 7th-17th
June. The discounted share price to the employee is NOK 28,28 per
share.


The following primary insider has purchased shares:

Baard Farmen Andresen, purchased 300 shares at NOK 28,28. Following this
transaction, Andresen holds a total of 1,504 shares and 40,500 options in Opera
Software.


Halvor Helgø, purchased 300 shares at NOK 28,28. Following this
transaction, Helgø holds a total of 1,805 shares and 34,000 options in Opera
Software.


Charles McCathieNevile, purchased 150 shares at NOK 28,28. Following this
transaction, McCathieNevile holds a total of 6,177 shares and 6,600 options in Opera
Software.


Aaron Michael McParlan, purchased 150 shares at NOK 28,28. Following this
transaction, McParlan holds a total of 150 shares 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 (http://www.opera.com)