Changes in the management of OEG Ukrainian subsidiaries


As of 30 April 2008 Lyudmila Pyr, current Finance Manager of Olympic Casino
Ukraine TOV, will be performing the duties of the Acting Managing Director of
Ukrainian subsidiary of Olympic Entertainment Group (OEG). Current Managing
Director of Olympic Casino Ukraine TOV Lembit Loo will resign from the position
in the end of April. 

OEG entered the gaming market of Ukraine in November 2004, Lembit Loo has been
leading the activities of Olympic Casino in Ukraine since the end of 2005.
According to Andri Avila, Member of the Management Board of OEG, Lembit Loo has
built up a strong company during that time. “By the end of 2005 there were 4
Olympic Casinos operating in Ukraine with 86 employees. Today there are 17
Olympic Casinos and the company employs more than 650 people. In addition,
under the direction of Lembit we acquired Ukraine's leading casino operator
Eldorado last year,” said Andri Avila giving credit to the work of current
Managing Director. 

According to Lembit Loo, now when Olympic Casino has secured its position on
the Ukrainian market, it is time for him to make new choices. “The time spent
in Ukraine was truly interesting and I am also glad that I was able to
participate in opening of Olympic Casino Sunrise in Poland as a Project
Manager,” he said. “Now when already two former Eldorado casinos have been
rebranded as Olympic Casinos in Ukraine, the further process should proceed
according to the plan, and I wish to catch my breath and thereafter look at the
new opportunities.” 

As of 30 April, after resignation of Lembit Loo, Lyudmila Pyr will be
performing the duties of the Acting Managing Director of Olympic Casino Ukraine
TOV. Lyudmila Pyr, who began to work in the company in 2005, will also become a
Managing Director of other subsidiaries of OEG in Ukraine (Elodrado Leisure
Company, Alea Private Company and Ukraine Leisure Company). 


Additional information: 

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