ANNUAL GENERAL MEETING OF SHAREHOLDERS OF OLYMPIC ENTERTAINMENT GROUP AS

OLYMPIC ENTERTAINMENT GROUP AS, register code 10592898, address Pronksi 19,
10124 Tallinn, (hereinafter OEG), convenes annual General Meeting of
shareholders that will be held on 3 June 2009 at 11.00 AM at Reval Park Hotel &
Casino, Park Lounge (Kreutzwaldi 23, Tallinn). 

Agenda for the annual General Meeting is the following:
1.	Approval of annual report;
2.	Distribution of profit;
3.	Recalling of members of the Supervisory Board;
4.	Appointment of auditor;
5.	Remuneration of the Chairman of the Supervisory Board.

The Supervisory Board of 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 General Meeting of OEG a proposal to
vote in favour of approving the annual report of OEG for financial year 1
January 2008 - 31 December 2008. 

2. Distribution of profits
The Supervisory Board of OEG makes the General Meeting of OEG a proposal to
vote in favour of allocating the net loss the financial year that ended 31
December 2008 in the amount of 459,227 thousand Estonian kroons to the
undistributed profit of previous periods. 

3. Recalling of members of the Supervisory Board
The Supervisory Board of OEG makes the shareholders a proposal to vote in
favour of recalling the Supervisory Board members Mart Relve and Anders
Galfensjö from 3 June 2009. 

4. Election of the auditor
The Supervisory Board of OEG makes the shareholders a proposal to vote in
favour of appointing Tiit Raimla from PricewaterhouseCoopers AS as a new
auditor to OEG. The Supervisory Board makes the shareholders a proposal to
remunerate the auditor for auditing economic activities of OEG during financial
year 2009 in accordance with the agreement signed between OEG and
PricewaterhouseCoopers AS. 

5. Remuneration of the Chairman of the Supervisory Board
The Supervisory Board of OEG makes the shareholders a proposal to vote in
favour of remunerating the Chairman of the Supervisory Board accordance with
the agreement to be signed with the Chairman of the Supervisory Board. 

List of shareholders entitled to vote at the General Meeting will be fixed on
24 May 2009 at 11.59 PM. Registration to the meeting will start on the day of
the meeting, 3 June 2009, at 10.30 AM at Reval Park Hotel & Casino, Park
Lounge. Registration will be carried out on 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 has been made 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 30 April 2009. Questions in respect 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. 

Andri Avila
Member of the Management Board of the Olympic Entertainment Group AS