Olympic Entertainment Group
Company Announcement

OEG: OEG`s casino entities unaudited gaming revenues for H1 and Q2 of 2011 in Estonia, Latvia and Lithuania

OEG's subsidiaries Olympic Casino Eesti AS, Olympic Casino Latvia SIA and Olympic Casino Group Baltija UAB unaudited gaming revenues for H1 and Q2 of 2011

OEG publishes its subsidiaries unaudited gaming revenues due to the obligation of announcing this information to Estonian Association of Gambling Operators and its members, Latvian Gambling Inspection and Lithuanian Gambling Inspection.

For the purpose of better transparency OEG publishes gaming revenues instead of revenues of its subsidiaries from Q2 of 2011 and onwards.

Olympic Casino Eesti AS gaming revenues for H1 of 2011 totalled 12.6 million euros, gaming revenues for Q2 of 6.6 million euros. Last years’ same period gaming revenues totalled 11.8 million euros, gaming revenues for Q2 of 6.0 million euros. Olympic Casino Eesti AS gaming revenues for H1 of 2011 increased by 6,8% compared to the respective period in 2010; gaming revenues for Q2 of 2011 increased by 10,0% compared to the respective period in 2010.

Olympic Casino Latvia SIA gaming revenues for H1 of 2011 totalled 12.2 million euros, gaming revenues for Q2 of 6.3 million euros. Last years’ same period gaming revenues totalled 10.5 million euros, gaming revenues for Q2 of 5.2 million euros. Olympic Casino Latvia SIA gaming revenues for H1 of 2011 increased by 16,2% compared to the respective period in 2010; gaming revenues for Q2 of 2011 increased by 21,2% compared to the respective period in 2010.

Olympic Casino Group Baltija UAB gaming revenues for H1 of 2011 totalled 8.2 million euros, gaming revenues for Q2 of 4.0 million euros. Last years’ same period gaming revenues totalled 7.9 million euros, gaming revenues for Q2 of 4.2 million euros. Olympic Casino Group Baltija UAB gaming revenues for H1 of 2011 increased by 3,8% compared to the respective period in 2010; gaming revenues for Q2 of 2011 decreased by 4,2% compared to the respective period in 2010.

For further information, please contact:

Madis Jääger
Member of the Management Board, CFO
Olympic Entertainment Group AS
Tel + 372 667 1250
E-mail madis.jaager@oc.eu
http://www.olympic-casino.com