Otello Corporation ASA

Share Issue/Capital Change • Dec 3, 2014

Exercise of employee share options

Exercise of employee share options

Reference is made to the statement dated 02.12.2014. The payment has been

determined based on a selling price of NOK 90,12 per share.

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 and more than 130 mobile

operators to deliver the very best possible internet experience to their

subscriber base. 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 800

million.