Pursuant to the Securities Market Act, Hendaya Invest OÜ notified Olympic Entertainment Group AS that the aggregate holding of the company has decreased under 25% threshold of the voting stock in Olympic Entertainment Group AS. According to the notice, as of 21 August 2008, the number of shares held by Hendaya Invest OÜ amounts to 34,534,910 which represents 22.87% of the total voting shares of Olympic Entertainment Group AS. 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