Olympic Entertainment Group (OEG) is going to develop the business of casino hotels and casino resorts. The person responsible for this business area will be Karl Otto Skogland. The future vision of OEG is not limited to owning casinos that operate under its own brand, but to expand to become a global casino operator that also manages casino hotels and casino resorts. The task of Karl Otto Skogland who has been employed as adviser to the Management Board is to find such new opportunities and develop new casino hotels and casino resorts. From 2003 until 2007 Karl Otto Skogland worked as Chairman of the Management Board of Reval Hotel Management OÜ and, before that, from 2000 until 2003 was the member of the Council of Reval Hotelligrupi AS. His employment contract as adviser to the Management Board of OEG is in force since June 1, 2007 Karl Otto Skogland does not own shares of OEG. 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