Olympia Financial Group Inc.TSX: OLY

Olympia Financial Group Inc. - Trading Symbol: OLY (TSX-V)

· Issued by Olympia Financial Group Inc. via CNW
Revenue increased by 28%
Pre-tax earnings increased 36%

CALGARY, Aug. 14 /CNW/ -

                               For the six-month period ended, June 30
                               ---------------------------------------
                               2008                    2007
                               ----                    ----
Revenue                        $15,256,755             $11,876,447
Pre-tax earnings                 4,194,605               3,090,144
Diluted earnings per share       1.19                    0.86

The Company has no sub-prime market investments and will therefore not experience any asset deterioration due to sub-prime market exposure.

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

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