Olympia Financial Group Inc. Announces Director Election Results From Its 2016 Annual Meeting of Shareholders

CALGARY, ALBERTA -- (Marketwired) -- 06/16/16 -- Olympia Financial Group Inc. ("Olympia") (TSX: OLY) announces that at its annual meeting of shareholders held on June 15, 2016 the following seven (7) director nominees were elected:

NOMINEE                             VOTES FOR            VOTES WITHHELD
                               Number    Percent (%)   Number    Percent (%)
Rick Skauge                    822,005     99.64%       3,002       0.36%
Craig Skauge                   822,005     99.64%       3,002       0.36%
Brian Newman                   822,005     99.64%       3,002       0.36%
Gerard Janssen                 822,005     99.64%       3,002       0.36%
Tony Lanzl                     819,278     99.31%       5,729       0.69%
Alan Rice                      822,105     99.65%       2,902       0.35%
Dennis Nerland                 822,105     99.65%       2,902       0.35%

In addition, the re-appointment of PricewaterhouseCoopers LLP, Chartered Accountants, as auditors of the Corporation was approved.

VOTES FOR            VOTES WITHHELD
                               Number    Percent (%)   Number    Percent (%)
                               706,843     99.76%       1,702       0.24%

Finally, Olympia's board directors have accepted the resignation of Mr. James Bell as Corporate Secretary of Olympia and thank Mr. Bell for his years of service. Mr. Jonathan Bahnuik, General Counsel for Olympia, has been appointed as a replacement for Mr. Bell and will serve as Corporate Secretary for Olympia.

About Olympia Financial Group Inc.

Olympia conducts most of its operations through its wholly-owned subsidiary Olympia Trust Company, a non-deposit taking trust company. Olympia Trust Company is licensed to conduct trust activities in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, Prince Edward Island, New Brunswick and Nova Scotia. Olympia Trust Company administers self-directed registered accounts and offers foreign currency exchange services. OFGI also offers private health services plans through its wholly-owned subsidiary Olympia Benefits Inc. and operates an ATM business through its wholly-owned subsidiary Olympia ATM Inc.

Olympia's common shares are listed on the Toronto Stock Exchange under the symbol "OLY".

Contacts:
Olympia Financial Group Inc.
Rick Skauge
President and Chief Executive Officer
[phone]

Gerhard Barnard
Vice-President, Finance and Chief Financial Officer
[phone]
[phone] (FAX)