Otello Corporation ASA

Share Issue/Capital Change • Jan 7, 2014

Exercise of employee share options in Opera Software ASA

Exercise of employee share options in Opera Software ASA

Reference is made to the statement dated January 6th, 2014.

The payment has been determined based on a selling price of NOK 83.92

per share.

Petter Lade, Investor Relations

Tel: +47 2369 2400

Opera products enable more than 350 million internet consumers

worldwide to discover and connect with the content and services that

matter most to them, no matter what device, network or location. In

turn, we help advertisers reach the audiences that build value for their

businesses. Opera also delivers products and services to more than 130

mobile operators around the world, enabling them to provide a faster,

more economical and better network experience to their subscribers. From

family photos and funny videos to business ideas that change the world

economy, the internet has always been about discovery. Whether you are a

consumer getting online for the first time, or a multinational

corporation trying to reach the right audience, Opera can help you

discover more online. Opera Software ASA is listed on the Oslo Stock

Exchange under the ticker symbol OPERA. 'Opera', 'Opera Software',

'Opera Mini' and the 'O' logo are trademarks of Opera Software ASA. All

other trademarks are the property of their respective owners. Learn more

about Opera at www.opera.com.