Shares Will Trade On NYSE Under Symbol 'AAC'

    MINNEAPOLIS, April 28 /PRNewswire/ -- The shareholders of Olympic
Financial Ltd. (NYSE: OLM) today voted to approve changing the Company's name
to Arcadia Financial Ltd. effective April 29, 1997.  The Company will change
the symbol under which its shares trade on the New York Stock Exchange from
OLM to AAC effective May 15, 1997.
    Olympic Financial has been doing business as Arcadia Financial Ltd. in
approximately half of the states where the Company conducts business.  With
the change to Arcadia Financial Ltd., the Company will be operating under a
single name nationwide.
    Arcadia Financial Ltd. is a Minneapolis-based consumer financial services
company specializing in purchasing, selling and servicing retail installment
contracts for new and used automobiles originated by more than 8,300 dealers
in 42 states.  The company, founded in 1990, is the nation's largest
independent provider of automobile financing.  Its 18 Regional Buying Centers
are located in Arizona; northern and southern California; Colorado; Florida;
Georgia; Maryland; Massachusetts; Minnesota; Missouri; New York; North
Carolina; Ohio; Tennessee; north, south and west Texas; and Washington.

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