OREANDA-NEWS. OLYMPIC ENTERTAINMENT GROUP AS, registry code 10592898, address Pronksi 19, Tallin, Harju County, 10124 (hereinafter Company), convenes annual General Meeting of shareholders that will be held on 18 April 2013 at 10:00 AM at Reval Park Hotel & Casino, Park Lounge (Kreutzwaldi 23, Tallin).

Agenda for the annual General Meeting is the following:

Approving the Company’s 2012 consolidated annual report;

Deciding on the distribution of profit;

Extending the term of office of the Supervisory Board members of the Company;

Appointing the auditor for auditing the financial year covering the period from 01.01.2013 - 31.12.2013.

The Supervisory Board of the Company has approved the agenda of the General Meeting as presented by the Management Board and makes the shareholders the following proposals:

1. Approving the Company’s 2012 consolidated annual report

The Supervisory Board of the Company makes to the General Meeting of the Company a proposal to vote in favour of the approval of the consolidated annual report of the Company for the financial year of 2012, according to which the net profit amount is 24,198,716.09 Euros.

2. Deciding on the distribution of profit

The Supervisory Board of the Company makes to the General Meeting of the Company a proposal to vote in favour of approving the proposal on distribution of profit of the financial year of 2012 as follows:

2.1 Net profit amount: 24,198,716.09 Euros;

2.2 To pay a dividend of 0.10 Euros per share, in the total amount of 15,132,950.50 Euros;

2.3 Transfer to the statutory reserve capital: 1,209,935.80 Euros;

2.4 The remaining balance of retained earnings after the distribution of profit: 10,983,611.03 Euros.

The list of shareholders who are entitled to dividends shall be fixed on 3 May 2013 as at 11:59 PM. The dividends shall be paid to the shareholders on 15 May 2013 by a transfer to the shareholder’s bank account.

3. Extending the term of office of the Supervisory Board members of the Company

The Supervisory Board of the Company makes to the General Meeting of the Company a proposal to vote in favour of extending the term of office of the Supervisory Board members of the Company as follows:

3.1 The term of office of the Supervisory Board member of the Company Armin Karu as the Supervisory Board member ends with 13.08.2013. The term of office of the Supervisory Board member of the Company Armin Karu shall be extended for the next 5 (five) year period as of 14.08.2013 till 13.08.2018 (included).

3.2 The term of office of the Supervisory Board members of the Company Liina Linsi, Peep Vain and Jaan Korpusov as the Supervisory Board member ends with 11.09.2013. The term of office of the Supervisory Board members of the Company Liina Linsi, Peep Vain and Jaan Korpusov shall be extended for the next 5 (five) year period as of 12.09.2013 till 11.09.2018 (included).

4. Appointing the auditor for auditing the financial year covering the period from 01.01.2013 - 31.12.2013

The Supervisory Board of the Company makes to the General Meeting of the Company a proposal to vote in favour of the proposal on appointing the auditor of the Company upon the following terms and conditions:

4.1 To appoint AS PricewaterhouseCoopers (registry code 10142876) to serve as the auditor of the Company.

4.2 AS PricewaterhouseCoopers shall audit the Company’s annual report for the financial year from 01.01.2013 - 31.12.2013.

4.3 For auditing the annual reports, the Company shall pay AS PricewaterhouseCoopers a fee in the amount agreed upon in the contract concluded with AS PricewaterhouseCoopers on rendering auditing services.