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Otello Corporation ASA

M&A Activity • May 23, 2016

3704_mrq_2016-05-23_8e324eb8-e81d-410f-a252-ca05fd606804.html

M&A Activity

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Tendering shares in Opera Software ASA

Tendering shares in Opera Software ASA

Reference is made to the recommended voluntary offer

(the "Offer") for all shares of Opera Software ASA

(the "Company") of NOK 71 per share, to be made by

Kunqi.

Ludvig Lorentzen AS with close associates have today

tendered 11 million shares in the Offer.

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