ANNUAL GENERAL MEETING OF SHAREHOLDERS


OLYMPIC ENTERTAINMENT GROUP AS (register code 10592898, address Pronksi 19,
10124 Tallinn) convenes annual General Meeting of shareholders that will be
held on 20 May 2008 at 11.00 AM in the main hall of the National Library of
Estonia (in Estonian: Rahvusraamatukogu, address Tõnismägi 2, Tallinn). 

Agenda for the annual General Meeting is the following:
1.	Approval of annual report for financial year 1 January 2007 - 31 December
2007; 
2.	Distribution of profit;
3.	Appointment of auditor. 

The Supervisory Board of Olympic Entertainment Group AS (hereinafter OEG) has
approved the agenda of the General Meeting as presented by the Management Board
and makes the shareholders the following proposals: 

1. Approval of the annual report
The Supervisory Board of OEG makes the shareholders a proposal to vote in favor
of approving the annual report for financial year 1 January 2007 - 31 December
2007. 

2. Distribution of profits
The Supervisory Board of OEG makes the shareholders a proposal to vote in favor
of the profit distribution proposal made by the Management Board of OEG and
approved by the Supervisory Board. According to the profit distribution
proposal shareholders will be paid dividends in the amount of 0.5 kroons (50
cents) per share. The date of fixing the list of shareholders entitled to
receive dividends is planned to be 4 June 2008. The dividends will be paid on 9
June 2008 at latest. 

3. Election of the auditor  
The Supervisory Board of OEG makes the shareholders a proposal to vote in favor
of appointing the previous auditor of OEG Taivo Epner from KPMG Baltics AS, as
the auditor of OEG. The Supervisory Board of OEG makes the shareholders a
proposal to remunerate the auditor for auditing economic activities of OEG
during financial year 1 January 2007 - 31 December 2007 in accordance with the
agreement signed between OEG and KPMG Baltics AS. 

List of shareholders entitled to vote at the General Meeting will be fixed on 9
May 2008 at 11.59 PM. Registration to the meeting will start on the day of the
meeting at 10 AM in the National Library of Estonia. Registration will be
carried out in the basis of an identification document and in case of the
shareholder's representative, power of attorney or any other document
evidencing authorisation. 

The annual report of OEG will be available at company's website
www.olympic-casino.com and on business days from 9 AM till 5 PM also at Pronksi
19, 3rd floor as of 28 April 2008. Questions in respekt of the items in the
agenda of the General Meeting  may be asked by e-mail: info@oc.eu or over phone
+372  667 1250. 


Armin Karu
Chairman of the Management Board of the Olympic Entertainment Group AS 


For additional information please contact:
Andri Avila
Member of the Management Board
Olympic Entertainment Group 
Phone + 372 667 1250
E-mail: andri.avila@oc.eu
http://www.olympic-casino.com