Olympia Financial Group Inc.TSX: OLY

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

· Issued by Olympia Financial Group Inc. via CNW

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.

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RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

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