Otello Corporation ASA

Regulatory Filings • Oct 31, 2016

CFIUS approval and Transaction closing

CFIUS approval and Transaction closing

Oslo, 31 October 2016.

Reference is made to the stock exchange announcements made on 18 July, 16 August

and 3 October 2016 regarding the share purchase agreement entered into on 17

July 2016 between Opera Software ASA ("Opera") and Golden Brick Capital Private

Equity Fund I L.P. (the "Buyer") on the sale and purchase of Opera's consumer

business (the "Transaction").

The Transaction has been reviewed by the Committee on Foreign Investment in the

United States, which has concluded there are no unresolved concerns regarding

U.S. national security.  As a result, the Transaction may proceed to close.

Opera expects to close the Transaction this week.

Petter Lade, Investor Relations

Tel: +47 2369 2400

About Opera Software ASA

Opera enables more than 350 million internet consumers worldwide to connect with

the content and services that matter most to them. Opera also 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