Olympic Entertainment Group ANNOUNCEMENT January 16th, 2006 Olympic Casino opened its ninth casino in Ukraine Olympic Entertainment Group has opened its ninth casino, named Olympic Casino Sofia, in the centre of Kyiv, the capital of Ukraine. The total investment amounted over EEK 17 million (EUR 1.1 million). The new slot machine casino was opened 300 meters from the city central square on Sofievsky street. The 294 square meter casino is designed in the Arabic style and includes a spacious bar and 46 modern slot machines. All slot machines are the latest models of the world's leading manufacturers IGT, Atronic and Novomatic. For additional information please contact: Andri Avila Member of the Board Olympic Entertainment Group Phone + 372 667 1250 E-mail: andri.avila@ocg.ee www.olympic-casino.com