Conclusion of loan agreement


On 5th of June 2008 Olympic Entertainment Group AS and AS Hansapank have
concluded a loan agreement with the limit amount of EUR 15,000,000 (the
equivalent of EEK 234,699,000 according to the exchange rate of the Bank of
Estonia at the date of the agreement conclusion). The availability period of
the facility limit is until 29 January 2009. The final term of loan is 31
December 2010. The basis for calculation of annual interest is Euro 3 months'
Euribor + 1.35%. 

The purpose of the loan is OEG concern investments financing in Romania and
Slovakia. 

The loan shall be guaranteed by a pledge to be established in favour of AS
Hansapank in the form of financial collateral on 4,904,867 shares of Olympic
Casino Eesti AS (registration code 10011039). 


For further information, please contact:                                        

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