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Trump Entertainment Resorts Plans Filed, Disclosure Statements Approved

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Beal Bank and Icahn Partners filed with the U.S. Bankruptcy Court a Fourth Modified Chapter 11 Plan and related Disclosure Statement for Trump Entertainment Resorts. Separately, the Company’s ad hoc group of holders of 8 1/2% Senior Secured Notes due 2015 also filed with the Court a Sixth Modified Chapter 11 Plan and related Disclosure Statement. The Court subsequently signed an order approving the separate Disclosure Statements relating to the Plans of Reorganization submitted by (1) the ad hoc group of holders of 8 1/2% Senior Secured Notes due 2015 and (2) Beal Bank and Icahn Partners. A hearing to consider the Plans of Reorganization is scheduled for February 16, 2010.

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