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OEG: Minutes of extraordinary general meeting

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The extraordinary general meeting of shareholders of OLYMPIC ENTERTAINMENT GROUP
AS (hereinafter the Company) was held today, on 29 June 2018, at 3:00 PM at the
Conference centre of Hilton Tallinn Park (Kreutzwaldi 23, Tallinn, Estonia).

The announcement regarding the Meeting was published on 6 June 2018 on the
webpage of the Company www.olympic-casino.com
(https://www.globenewswire.com/Tracker?data=wlrawM83v7z_NS-
vD5cnSCocbMLBVRXcgpLAoq4ozfnewjGqpPLSdCAfRqZm_qaVzexGbyDUHvECLm5O37nb9-
RXAFHF6fR9HhK6PEPoncE=) and through the information system of the NASDAQ Tallinn
Stock Exchange. The announcement regarding the Meeting was published in the
daily newspaper Eesti Päevaleht on 7 June 2018.

The Meeting started at 3:00 PM. Twenty one (21) shareholders attended the
Meeting representing 147,430,464 votes, constituting 97.13% of the share
capital. Therefore the Meeting was competent to pass resolutions regarding the
items on the agenda of the Meeting.


The following resolutions were passed at the Meeting:


1. Amendment of Section 4.7 of the Company's articles of association

The Meeting resolved to approve the amendment of the Section 4.7 of the
Company's articles of association as follows:

"4.7  The Company's supervisory board may during a period of 3 (three) years as
from 29.06.2018 on one or more occasions increase the share capital of the
Company by up to EUR 2,800,000 (two million eight hundred thousand euros)
against contributions by issuing up to 7,000,000 (seven million) new ordinary
shares of the Company to the members of the management board or supervisory
board of the Company or to any other directors or employees of the Company or
its direct or indirect subsidiaries in the framework of one or several share
option program(s) adopted by the supervisory board of the Company, in each case
under exclusion of the pre-emptive right of the shareholders to subscribe to the
new shares."

Tabulation of votes:

                                           91.98% of the votes represented at
 In favour:         135,604,646 votes      the Meeting

                                           8.01% of the votes represented at
 Against:           11,814,199 votes       the Meeting

                                           0.01% of the votes represented at
 Impartial:         11,619 votes           the Meeting

                                           0.00% of the votes represented at
 Did not vote:      0 votes                the Meeting


2. Exclusion of the pre-emptive right of shareholders to subscribe for new
shares for the purpose of Section 4.7

The Meeting resolved to approve the exclusion of the pre-emptive right of the
shareholders to subscribe for new shares to be issued under Section 4.7 of the
articles of association.

Tabulation of votes:

                                           91.98% of the votes represented at
 In favour:         135,604,646 votes      the Meeting

                                           8.01% of the votes represented at
 Against:           11,814,199 votes       the Meeting

                                           0.01% of the votes represented at
 Impartial:         11,619 votes           the Meeting

                                           0.00% of the votes represented at
 Did not vote:      0 votes                the Meeting


3. Insertion of new Section 4.8 of the Company's articles of association

The Meeting resolved to insert the following new Section 4.8 into the Company's
articles of association:

"4.8  The Company's supervisory board may during a period of 3 (three) years as
from 29.06.2018 on one or more occasions increase the share capital of the
Company by up to EUR 10,000,000 (ten million euros) against contributions in
kind by issuing up to 25,000,000 (twenty-five million) new ordinary shares of
the Company in order to acquire a business, a business division or a
participation in a business or other assets, in each case under exclusion of the
pre-emptive right of the shareholders to subscribe to the new shares."

Tabulation of votes:

                                           91.98% of the votes represented at
 In favour:         135,604,621 votes      the Meeting

                                           8.01% of the votes represented at
 Against:           11,814,199 votes       the Meeting

                                           0.01% of the votes represented at
 Impartial:         11,644 votes           the Meeting

                                           0.00% of the votes represented at
 Did not vote:      0 votes                the Meeting


4. Exclusion of the pre-emptive right of shareholders to subscribe for new
shares for the purpose of Section 4.8

The Meeting resolved to approve the exclusion of the pre-emptive right of
shareholders to subscribe for new shares to be issued to the contributing person
under Section 4.8 of the articles of association.

Tabulation of votes:

                                           91.98% of the votes represented at
 In favour:         135,604,621 votes      the Meeting

                                           8.01% of the votes represented at
 Against:           11,814,199 votes       the Meeting

                                           0.01% of the votes represented at
 Impartial:         11,644 votes           the Meeting

                                           0.00% of the votes represented at
 Did not vote:      0 votes                the Meeting


5. Amendment of Sections 8.10.1, 8.10.5, 8.10.6, 8.10.10 and 8.10.11 of the
Company's articles of association

The Meeting resolved to approve an amendment of Sections
8.10.1, 8.10.5, 8.10.6, 8.10.10 and 8.10.11 of the Company's articles of
association to read as follows:

1.)    "8.10.1 the acquisition, encumbrance or transfer of immovables,
registered movables (including motor vehicles), stocks or other property if the
value of a transaction (or the sum of several transactions essentially connected
with each other) exceeds EUR 300,000 (three hundred thousand) per year, or
conclusion of transactions which may involve transfer, acquisition or
encumbrance of the mentioned property in the future";

2.)    "8.10.5 the assumption and granting of loans and debt obligations or the
guarantee of debt obligations in the amount exceeding EUR 300,000 (three hundred
thousand) per year or the amount prescribed in the budget for the current
financial year per one loan, debt obligation or guarantee or per several loans,
debt obligations or guarantees connected with each other;"

3.)    "8.10.6 the making of investments in the amount exceeding EUR 1,000,000
(one million) or the prescribed sum for the relevant financial year in the
budget;"

4.)    "8.10.10 the making of all decisions pertaining to arbitration or court
proceedings in matters with a value exceeding EUR 300,000 (three hundred
thousand);"

5.)    "8.10.11 the entering into contracts by which the Company or its
subsidiaries assume obligations which exceed EUR 300,000 (three hundred
thousand) per one transaction or per several transactions connected with each
other;".

Tabulation of votes:

                                           93.97% of the votes represented at
 In favour:         138,275,367 votes      the Meeting

                                           6.20% of the votes represented at
 Against:           9,143,478 votes        the Meeting

                                           0.01% of the votes represented at
 Impartial:         11,619 votes           the Meeting

                                           0.00% of the votes represented at
 Did not vote:      0 votes                the Meeting


6. Amendment of Section 9.2 of the Company's articles of association

The Meeting resolved to increase the maximum number of the management board
members and to approve the amendment of Section 9.2 of the Company's articles of
association as follows:

"9.2  The management board has one to four members."

Tabulation of votes:

                                           93.80% of the votes represented at
 In favour:         138,292,393 votes      the Meeting

                                           6.19% of the votes represented at
 Against:           9,125,952 votes        the Meeting

                                           0.01% of the votes represented at
 Impartial:         12,119 votes           the Meeting

                                           0.00% of the votes represented at
 Did not vote:      0 votes                the Meeting


The resolutions were adopted at the Meeting following the procedure for passing
of resolutions set forth in laws and in the Articles of Association of the
Company.


Madis Jääger
CEO
Olympic Entertainment Group AS
Tel + 372 667 1250
E-mail [email protected]
(https://www.globenewswire.com/Tracker?data=3AMfQkpy61m0vWvZDtSP5bnOsJK4wC2XF8Mg
qA1IXii3f0xse0N5nW5jWDFKSpeTdACgBLzrerg5HTiCXw-9Js4zbNuFZoeBFpP4ZJ5UUdM=)
http://www.olympic-casino.com
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Cxgwvuluc6PQCOzwrlha5jKx3EijKt3hi0CUSxUhsgFo9WG29dDRf609juJIw88cOhxMed7NiL9y9jJZ
-xI1l56vT18P)