Olympia Financial Group Inc. - Trading Symbol: OLY (TSX-V) - Dividend increased 50%; Revenue increased by 52%; Net earnings increased 70%



    CALGARY, Nov. 16 /CNW/ - The Olympia Financial Group Inc. Board announced
an increase in the quarterly dividend effective January 31, 2008 to 30 cents
per share.

    
                                                9 months ending September 30
                                               ------------------------------
                                                     2007           2006
                                                     ----           ----
    Revenue                                      $18,183,334    $11,943,627
    Net earnings before taxes                      5,024,996      2,957,156
    Earnings per share                                  1.40           0.85
    

    Disclaimer

    This press release precedes the release of the 3rd quarter financial
results and supporting management discussion and analysis which are due for
release by November 29, 2007. The information is released in good faith and it
should not be assumed that representations made herein remain accurate as of
any future date. Additional information on Olympia Financial Group Inc. can be
found on the Group's website at www.olympiatrust.com and on SEDAR at
www.sedar.com.

    THE TSX VENTURE EXCHANGE INC. HAS NOT REVIEWED AND DOES NOT ACCEPT
    RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE





For further information:

For further information: Rick Skauge, President, at (403) 261-7501,
e-mail ricks@olympiatrust.com, or visit the website www.olympiatrust.com

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Olympia Financial Group Inc.

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