Bill Raduchel joins Opera's Board

Oslo, Norway – July 6, 2006

Opera Software today announced that William J. Raduchel has joined its Board of Directors. The accomplished IT-industry veteran strengthens Opera's board with his experience from companies including AOL, AOL Time Warner, Sun Microsystems, Xerox and McGraw-Hill. Raduchel's key contribution to Opera's future will be his thorough understanding of how the areas of technology, media and information are merging.

"I've been familiar with Opera Software for more than 10 years and I've always admired the company's vision" says Bill Raduchel. "Opera is leading the way in defining how content will be distributed on devices."

Raduchel shared Opera's vision of the mobile Web as far back as in 1999. In an interview with IDG in April 1999, while Sun's Chief Strategy Officer, he predicted that "The most important Net access device in 2005 will be cell phones". His vision has become a reality in countries such as Korea and Japan, while other regions are quickly picking up pace.

Starting his multifaceted career as an economics professor at Harvard University, Raduchel has gained wide-ranging experience from the fields of business, finance, media and technology. He held executive positions at Xerox and McGraw Hill prior to joining Sun Microsystems where he spent 11 years as Chief Strategy Officer, Chief Information Officer in addition to a range of other positions. He joined AOL in September 1999 as Chief Technology Officer and held the same position at AOL Time Warner after the merger. During this time InfoWorld named him CTO of the year.

Mr. Raduchel left AOL Time Warner at the end of 2002 to become an independent director, angel investor and strategic advisor. From May of 2004 until recently, he was chairman of the board of Ruckus Network, a digital entertainment network for students, serving also as CEO during much of this time. Mr. Raduchel is also a director at additional IT-related corporations, ranging from new start-ups to public companies.

"I spent three years at AOL TimeWarner learning how the media and technology sectors are integrating. Opera is right at the center of that space. I will be able to bring my experience and significant understanding of current trends to Opera's Board," says Bill Raduchel.

"Bill's expertise is invaluable to Opera Software. He provides crucial insight on how Opera can leverage its leadership in providing seamless cross-device access to the Web and other services," says Jon S. von Tetzchner, Opera Software CEO.

In its Annual General Meeting held on June 15, 2006, Opera Software's shareholders also approved Nils A. Foldal as the new Chairman of the Board of Directors. Mr. Foldal is the investment director in A. Wilhelmsen Capital AS and is represented in several boards in venture funds and technology companies in Norway. In addition, Ole Peter Lorentzen was voted in as a new member of the Board. Mr. Lorentzen is a Norwegian private investor with extensive experience from investments in several technology companies in Norway and abroad.

About Opera Software ASA

The worldwide World Wide Web — any device, any platform, any bandwidth, absolutely anywhere in the world. Opera Software was founded in 1994, based on the idea that access to the web should be a universal right. 250 million people (and counting) use the Opera web browsers for computers, mobile phones, TVs and other connected devices. Opera also delivers tools, distribution, engagement, monetization and market insights to developers, publishers and brands around the world. We are passionate about breaking down barriers, so everyone can share in the power of the internet. Our vision of one web for all remains at the heart of what we do, because we believe that participation changes everything. Opera Software ASA is listed on the Oslo Stock Exchange under the ticker symbol OPERA. Learn more about Opera at www.opera.com.