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Robert A. Marshall Joins Olympic Financial Ltd. Board

    MINNEAPOLIS, Feb. 27 /PRNewswire/ -- Olympic Financial Ltd. (NYSE: OLM)
announced today that Robert A. Marshall has been appointed to its Board of
Directors.  Marshall recently retired as President of the Credit Card Division
at Advanta Corporation, where he managed growth in division receivables from
$470 million to $13 billion.
    Before joining Advanta, Marshall served as Chief Operating Officer of a
subsidiary of Scudder, Stevens & Clark, an investment management firm based in
New York.  Marshall also spent 14 years at Citicorp.  His last assignment was
Senior Vice President of Citicorp Retail Services, Inc.  Prior to Citicorp he
was a Vice President for Bankers Trust and also spent five years with Avon
Products.
    "Bob's wealth of experience in the financial services industry makes him
ideally suited to helping Olympic achieve its goals.  He brings us extensive
expertise in the areas of consumer credit, operations and information
management -- areas that are at the heart of our business," said Warren
Kantor, Chairman of the Company's Board of Directors.
    Mr. Marshall is a graduate of Temple University where he received a
Masters in Marketing.  He is also the Chairman of Impact Services, a
Philadelphia based nonprofit agency dedicated to training the disadvantaged
for work in the private sector.
    Olympic Financial Ltd., is a Minneapolis based consumer finance company
which purchases, sells and services retail installment contracts for new and
used automobiles originated by more than 7,700 dealers nationwide.  Olympic is
the largest independent provider of automobile financing.  The Company, which
was founded in 1990, has Regional Buying Centers in Arizona, Northern and
Southern California, Colorado, Florida, Georgia, Massachusetts, Minnesota,
Missouri, New York, North Carolina, Ohio, Tennessee, North, South and West
Texas and Washington.  The Company acquires loans through 17 Regional Buying
Centers and has expanded its dealer network to include dealers in 40 states.


SOURCE Olympic Financial Ltd.




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CONTACT:
A. Mark Berlin, Jr., Executive Vice President
of Olympic Financial, 612-942-9880