SERVICE AGREEMENT

This Service Agreement dated for reference as of the 1st day of March 2005.

BETWEEN:

          OLYMPUS PACIFIC MINERALS INC..

          (the "Company")

                                                               OF THE FIRST PART
AND:

          ROGER DAHN.

          (the "Service Provider")

                                                              OF THE SECOND PART
WHEREAS:

A.   The Company has agreed to retain the Service Provider as Vice-President
     Exploration, of the Company and the Service Provider and the Company wish
     to document the basis on which the Service Provider will provide such
     services to the Company.

B.   The Service Provider and the Company have agreed to enter into this service
     agreement to evidence the responsibilities, compensation and other benefits
     to be received by the Service Provider in respect to such service.

NOW THEREFORE, in consideration of the mutual covenants and premises herein
contained, in consideration of the Service Provider continuing to provide its
services to the Company, and for other good and valuable consideration (the
receipt and sufficiency of which are hereby acknowledged by the parties) the
Service Provider and the Company hereby agree as follows:



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1.   Interpretation

For all purposes of this Agreement, except as otherwise expressly provided or
unless the context otherwise requires:

     (a)  "affiliate" has the meaning given to it by the Business Corporations
          Act (Yukon);

     (b)  "Board" means the Board of Directors of the Company;

     (c)  "this Agreement" means this service agreement as from time to time
          supplemented or amended by one or more agreements entered into
          pursuant to the applicable provisions hereof;

     (d)  all references to currency mean Canadian currency;

          the headings are for convenience only and are not intended as a guide
          to interpretation of this Agreement or any portion hereof; and

     (e)  a reference to a statute includes all regulations made pursuant
          thereto, all amendments to the statute or regulations in force from
          time to time, and any statute or regulation which supplements or
          supersedes such statute or regulations.

2.   Engagement

     (a)  The Company hereby retains the Service Provider to act as a
          Vice-President Exploration, and the Service Provider hereby accepts to
          provide such service to the Company and subject to the terms and
          conditions hereinafter set forth.

     (b)  The service will commence on the date of this Agreement and will
          continue for a period of two years from this date until terminated as
          hereinafter provided.

     (c)  The Service Provider will coordinate and oversee the Company's
          exploration programs, with full authority over such functions subject
          to the directions of the President and the Chief Executive Officer, to
          whom the Service Provider will report. The Service Provider's duties
          and authority shall be those commonly associated with the above office
          and as assigned by the Board.

     (d)  The Service Provider will perform his duties primarily from
          Fredericton, New Brunswick, but will spend at least one month per
          quarter in Vietnam and will otherwise be available to travel as
          required by the Company.

     (e)  The Service Provider will provide his services to the Company on a
          full-time basis and will devote his time and attention exclusively to
          the affairs of the Company and shall well and conscientiously serve
          the Company and use his



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          best efforts to promote the interests of the Company during the
          continuation of his services. The Service Provider will not engage in
          any other employment or selfemployment without the written consent of
          the Company.

     (f)  The Service Provider will perform all services on behalf of the
          Company hereunder as an independent contractor, and the Service
          Provider will not be considered for any reason to be an employee of
          the Company.

3.   Compensation

     (a)  On presentation of an invoice for service rendered under this
          Agreement, the Service Provider will be paid a monthly fee of $11,000.

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