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Otello Corporation ASA

Transaction in Own Shares Mar 21, 2017

3704_rns_2017-03-21_96f1d9bc-6ea7-41da-b8a3-4c08bd0a3dbe.html

Transaction in Own Shares

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Opera - Buyback

Opera - Buyback

On March 20, 2017, Opera Software ASA purchased 530 618 of its own shares

according to its share buyback program. The shares were purchased at an average

price of NOK 38,0355 per share as a block trade after market based on the volume

weighted average price of the day. Concurrently, Opera employees have exercised

a total of 683 891 options/RSU's and ESPP. Please see separate announcement for

details. Following these transactions, Opera Software ASA owns 2 812 564 of its

own shares.

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