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French Lick amends tender offer3 April 2008FRENCH LICK, Indiana -- (PRESS RELEASE) -- French Lick Resorts & Casino, LLC and French Lick Resorts & Casino Corp. (the "Purchasers") today announced that they have amended their tender offer launched on March 31, 2008 for up to $150,000,000 aggregate principal amount (the "Offer Amount") of the outstanding 10-3/4% First Mortgage Notes due 2014 (the "Notes") co-issued by the Purchasers. The amendment conforms certain terms of the Offer set forth in the Offer to Purchase dated March 31, 2008 (the "Offer to Purchase"), with the related Letter of Transmittal (collectively, the "Offer"). The Offer to Purchase is amended as follows: Under the headings "SUMMARY-Procedures for Specifying Purchase Price" and "TERMS OF THE OFFER-Specification of Purchase Price" the parenthetical "(in multiples of $1 per $1,000 principal amount)" is amended to read "(in multiples of $10 per $1,000 principal amount)." This amendment conforms the Offer to Purchase to the related Letter of Transmittal. Holders completing the section of the Letter of Transmittal captioned "Price at Which Notes are Being Tendered (Excluding any Early Tender Premium)" in the section titled "Description of Notes Tendered," should specify the price in multiples of $10 per $1,000 principal amount, in accordance with the instructions to the Letter of Transmittal. All other terms and conditions of the Offer remain unchanged. The Purchasers have retained J.P. Morgan Securities Inc. to act as the Dealer Manager for the Offer. Persons with questions regarding the Offer should contact J.P. Morgan Securities Inc. at (212) 270-1477, Attention: Michael Rutherford. Requests for documentation may be directed to MacKenzie Partners, Inc., the Information Agent, which can be contacted at (212) 929-5500 (collect) or (800) 322-2885 (toll free). |