Olympic Entertainment Group ANNOUNCEMENT February 14th 2007 Subsidiary of OEGreceived additional license in Lithuania On the 9th of February 2007 Olympic Entertainment Group's (OEG) Lithuanian subsidiary Olympic Casino Group Baltija received a licence for using B-category slot machines. Olympic Casino Group Baltija already has a licence for using A-category slot machines. The main difference between B-category and A-category slot machines are that B- category slot machines have limited stakes and winnings and also do not have possibilities for bonus winnings. According to Lithuanian law, access to casinos with B-category slot machines is limited to persons at least 18 years of age, whereas usual minimum age limit for casino guests is 21 years. It is OEG's position that the market of B-category slot machine casinos is growing in Lithuania and thus it is objective of Olympic Casino Group Baltija to get a share of it. Olympic Entertainment Group has ten casinos in Lithuania, five of them are located in capital city Vilnius. Additional information: Andri Avila Member of Management Board Olympic Entertainment Group Tel + 372 667 1250 E-mail: andri.avila@ocg.ee www.olympic-casino.com