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@Courant
http://www.lutoncameras.co.uk/
They are olympus authorised and very good, they serviced a number of my OM cameras over the years (until I sold up and went digital...!). Give them a call, they'll be able to give you an estimate over the phone. With the OM-1, it might be worth servicing it anyway if you've never done this, the seals can wear and the mechanism needs a bit of TLC every now and then. Great camera though, I really abused mine and it never let me down!
However, if you're on a budget, I'd second the external lightmeter recommendation.
Courant