Otello Corporation ASA

Notice of Dividend Amount • Nov 17, 2016

Dividend information

Dividend information

Reference is made to the announcement on 10 November where Opera announced its

capital redistribution plan of NOK 15 per share through dividends and its

intention to buy back up to 10% own its own shares through share buybacks. Opera

expects to send out the calling notice for an extraordinary general meeting to

be held later this year with a payment of the dividend to take place by year end

(assuming the dividend is approved). Opera will also later and in accordance

with the Oslo Børs' Continuing Obligations issue a separate stock exchange

notice with the applicable ex-date, record date and payment date etc for the

dividend.

The full dividend of NOK 15 per share shall be considered as a repayment of paid

in capital for Norwegian tax purposes.

Petter Lade, Investor Relations

Tel: +47 2369 2400