Olympia Financial Group Inc. - Dividend increased by 100%

CALGARY, Nov. 24 /CNW/ - Rick Skauge, President of Olympia Financial
Group Inc. ("Olympia"), is pleased to announce that the Directors of Olympia
have approved an increase to the quarterly dividend rate to $0.20/share,
previously $0.10/share. The increase will be reflected in the upcoming
quarterly dividend payment on January 31, 2007 for shareholders of record on
January 15, 2007.
Olympia in 2006 is again on-track to double its earnings from the
previous year and management is pleased Olympia's loyal shareholders can share
in this success.

Olympia Financial Group Inc. is listed on the TSX Venture Exchange under
the trading symbol OLY and is the parent company of Olympia Trust Company.