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Opera Software ASA: Opera in discussions to divest its TV business

Opera Software ASA ("Opera") has for some time been in discussions to
divest its TV business, in order for the TV business to achieve its
full potential under a different ownership structure. No agreement
has yet been made nor is certain to be made. Opera will update the
market in due course.

The process has been run as part of the broader strategic review.
Golden Brick Silk Road (Shenzhen) Equity Investment Fund II LLP was
informed of the process before announcing its recommended voluntary
offer on 10 February 2016. A potential divestment of the TV business
will be completed on terms not impacting the voluntary offer.

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.


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