Dividend policy

To achieve its ambitious long-term growth objectives, it is Opera’s policy to maintain a high equity ratio. Opera believes its needs for growth can be met while also allowing for a dividend distribution as long as the Company is reaching its targeted growth and cash generation levels. For this reason, the Company will consider continuing to pay dividends over the next years. Dividend payments will be subject to approval by the shareholders at the Company’s Annual General Meetings.

See minutes for Annual General Meeting, 14.06.2011 (PDF), 15.06.2010 (PDF), 24.06.2009 (PDF), 20.06.2008 (PDF),21.06.2007 (PDF), 30.05.2006, 15.06.2005, 17.06.2004, 17.06.2003,and 13.06.2002.

Date of AGM

Dividend proposed by the board

Dividend decided by AGM

Ex. dividend date

14.06.2011

0.18

0.18

15.06.2011

15.06.2010

0.16

0.16

16.06.2010

24.06.2009

0.40

0.40

25.06.2009

20.06.2008

0

0

NA

21.06.2007

0

0

NA

30.05.2006

0

0

NA

15.06.2005

0

0

NA

17.06.2004

0

0

NA

17.06.2003

0

0

NA

13.06.2002

0

0

NA