03/09-10   -   Press releases

Exercise of employee share options in Opera Software ASA

Reference is made to the statement dated August 30th, 2010. The payment has been determined based on a selling price of 23.5259 per share.

Charles McCathieNevile purchased 190 shares at a price of 23.5259.
Stig Halvorsen purchased 600 shares at a price of 23.5259.
Jason Hoida purchased 590 shares at a price of 23.5259.

After this, Charles McCathieNevile holds 7 527 unexercised options in the Company, corresponding to 7 527 shares at the strike price of NOK 12.00 and 5 200 unexercised options in the Company, corresponding to 5 200 shares at the strike price of NOK 16.60. After completion of the abovementioned transactions, the primary insider holds 3 427 shares in the Company.

After this, Stig Halvorsen holds 10 045 unexercised options in the Company, corresponding to 10 045 shares at the strike price of NOK 12.00 and 8 000 unexercised options in the Company corresponding to 8 000 shares at the strike price of NOK 16.60. After completion of the abovementioned transactions, the primary insider holds 2 087 shares in the Company.

After this, Jason Hoida holds 8 000 unexercised options in the Company, corresponding to 8 000 shares at the strike price of NOK 16.30, 35 000 unexercised options in the Company, corresponding to 35 000 shares at the strike price of NOK 21.80,16 000 unexercised options in the Company corresponding to 16 000 shares at the strike price of NOK 23.80 and 36 000 unexercised options in the Company corresponding to 36 000 shares at the strike price of NOK 27.90. After completion of the abovementioned transactions, the primary insider holds 5 573 shares in the Company.

Petter Lade, Investor Relations
Tel: +47 2369 3444

Opera Software ASA has redefined Web browsing for PCs, mobile phones and other networked devices. Opera´s cross-platform Web browser technology is renowned for its performance, standards compliance and small size, while giving users a faster, safer and more dynamic online experience. Opera Software is headquartered in Oslo, Norway, with offices around the world. The company is listed on the Oslo Stock Exchange under the ticker symbol OPERA. Learn more about Opera at http://www.opera.com .