Conclusion of loan agreement


On 26th of November 2008 Olympic Entertainment Group AS (OEG) and AS Hansapank
have concluded a loan agreement, which increased the existing limit amount by
EUR 10,000,000 (EEK 156,466,000) up to EUR 25,000,000 (EEK 391,165,000) and
extended the final term of loan up to 5 years until 25th December 2013. The
basis for calculation of annual interest is Euro 6 months' Euribor + 3.75%. 

The purpose of the loan is OEG concern investments financing in Poland,
Slovakia and Lithuania. 

The loan shall be guaranteed by a pledge to be established in favour of AS
Hansapank in the form of financial collateral on OEG`s subsidiaries shares in
Estonia, Latvia, Lithuania, Poland and Ukraine and in the form of guarantee
from OEG subsidiaries in Belarus, Romania and Slovakia. 


For further information, please contact:                                        

Andri Avila                                                                     
CEO                                                  
Olympic Entertainment Group                                                     
Telephone: + 372 667 1250                                                       
E-mail: andri.avila@oc.eu                                                     
Website: http://www.olympic-casino.com
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