OPERA SOFTWARE ANNOUNCES FIRST QUARTER RESULTS

Oslo, Norway - May 11, 2017 - Opera Software (OSEBX: OPERA) today reported
financial results for the first quarter, which ended March 31, 2017.
Please find the first quarter report (1Q17.pdf) and first quarter presentation
(1Q17_presentation.pdf) attached.

Webcast: http://www.operasoftware.com/company/investors/webcasts/q12017


Petter Lade, CFO
Phone: +47 91143878
E-mail: petterl@opera.com
About Opera:
Opera holds shares in several different businesses, including AdColony
which helps publishers monetize their content through advertising and
advertisers reach the audiences that build value for their businesses,
capitalizing on aglobal consumer audience reach that exceeds 1.5 billion; Opera
Apps and Games(Bemobi); "Performance & Privacy" (Skyfire and Surfeasy); and
Opera TV.