Mandatory notification of trade Opera Software

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Kari Stautland, Board member at Opera Software ASA, has, on December 21, 2011, sold 2.000.000 shares in Opera Software at NOK 28.00 Following this transaction, Stautland holds 12.012.120 shares in Opera through her 100% ownership in the investment company Arepo AS. In addition, Kari Stautland holds 50.000 options in Opera Software ASA.