Otello Corporation ASA

Regulatory Filings • Aug 7, 2015

Opera Software Board of Directors to Review Strategic Alternatives

Opera Software Board of Directors to Review Strategic Alternatives

Oslo, Norway, August 7, 2015

Opera announced today that its Board of Directors, in response

to strategic interest in the Company from a number of parties, has initiated a

process to evaluate and consider strategic alternatives for the Company, with

the objective of further enhancing shareholder value. The Board of Directors has

selected ABG Sundal Collier and Morgan Stanley International to serve as its

advisors.

The review is expected to conclude in the second half of 2015. Opera will update

shareholders and other stakeholders about the outcome of the review in due

course.

Erik Harrell, CFO/CSO

Tel: +47 2369 2400 (http://tel:%2B47%202369%202400)

(http://tel:%2B47%202369%202400)Petter Lade, Investor Relations

Tel: +47 2369 2400 (http://tel:%2B47%202369%202400)

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.