Starting from August 10, the new general manager of Olympic Casino Group Baltija, Lithuanian subsidiary of Olympic Entertainment Group (OEG), will be Saulius Petravicius. The employment contract with Gintaras Grybenas, the current general manager of the Lithuanian subsidiary of OEG, will be terminated according to the mutual agreement. Saulius Petravicius who will take over the position as new general manager of Olympic Casino Group Baltija has worked as finance director of the company since 2003 and has extensive experience in the casino business. Saulius Petravicius has 2900 OEG shares and an option agreement, which is concluded with key employees of OEG and its subsidiaries. Additional information: Andri Avila Member of the Management Board Olympic Entertainment Group Phone + 372 667 1250 E-mail: andri.avila@oc.eu www.olympic-casino.com