Otello Corporation ASA

Declaration of Voting Results & Voting Rights Announcements • Apr 3, 2017

Disclosure of Voting rights at EGM April 4, 2017

Disclosure of Voting rights at EGM April 4, 2017

In connection with the extraordinary general meeting (the "EGM") of Opera

Software ASA (the "Company") to be held on April 4, 2017, the chairman of the

board Audun W. Iversen has received proxies with no voting instructions for

12,445,192 shares, representing 8.33% of the total number of shares in the

Company. The proxies are valid only for the EGM. In addition, Audun Iversen

himself holds 50,000 shares in the company through Naben AS, 100% owned by

Iversen.

For further information, please contact:

Petter Lade, CFO

Phone: +47 91143878

E-mail: petterl@opera.com

About Opera:

Opera holds shares in several different businesses, including AdColony which

helps publishers monetize their content through advertising and advertisers

reach the audiences that build value for their businesses, capitalizing on a

global consumer audience reach that exceeds 1 billion; Opera Apps and Games

(Bemobi); "Performance & Privacy" (Skyfire and Surfeasy); and Opera TV.