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OLYMPIC FINANCIAL SAYS UNDERWRITERS HAVE EXERCISED OVER-ALLOTMENT OPTION

OLYMPIC FINANCIAL SAYS UNDERWRITERS HAVE EXERCISED OVER-ALLOTMENT OPTION
 MINNEAPOLIS, March 2 /PRNewswire/ -- Olympic Financial Ltd. (NASDAQ: OLYM) announced today that its underwriters have exercised the entire over-allotment option in connection with its recent initial public offering and the company has sold an additional 240,000 shares.
 The company originally sold 1,600,000 shares at $3 on Jan. 30 through underwriters led by John G. Kinnard and Company, Incorporated.
 Olympic Financial Ltd., based in Minneapolis, sells and services retail automobile installment loans originated from a network of auto dealers.
 -0- 3/2/92
 /CONTACT: Curt Swenson of Swenson Falker Eilertsen, 612-371-0000 or Jeff Mack of Olympic Financial Ltd., 612-942-9880/
 (OLYM) CO: Olympic Financial Ltd. ST: Minnesota IN: FIN SU:


AL -- MN013 -- 3971 03/02/92 12:36 EST
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Publication:PR Newswire
Date:Mar 2, 1992
Words:128
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