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Trump Selects Beal Bank for Interim Financing

NEW YORK -- (PRESS RELEASE) -- Trump Hotels & Casino Resorts, Inc. ("THCR" or the "Company") (OTCBB: DJTC.OB) announced today that the Company has selected Beal Bank ("Beal Bank") as the sole lead arranger for a $100 million interim financing (the "Financing") which is expected to be funded as part of the Company's recapitalization plan announced on October 21, 2004. Proceeds from the Financing, which will be secured by a lien on substantially all of the Company's assets, are expected to be used to fund certain business costs, including capital expenditures, wages, trade and vendor contracts and leases.

Donald J. Trump, the Company's Chairman and Chief Executive Officer, commented on the Company's selection, "We are pleased with our selection of Beal Bank to lead our Financing. Andy Beal has created an impressive franchise, and we are very proud to have them as our financial partners." Scott C. Butera, the Company's President and Chief Operating Officer, added, "This process for selecting a financial institution to lead our Financing was extremely competitive, and we are very pleased with the outcome. Beal Bank, who has been a significant investor in our Company and the gaming industry, is one of the most creative lenders with whom I have worked. Their team fully understands and supports our current and future business objectives. We look forward to working with Beal Bank on the Financing, as well as future transactions."

Andy Beal, Beal Bank's Chairman and Chief Executive Officer, stated, "We appreciate the opportunity to work with an outstanding company driven by one of America's leading entrepreneurs." Jacob Cherner, the President of CSG Investments, Inc. (Beal Bank's wholly owned advisor), went further to say, "We were very aggressive in our structuring of the Financing due to our deal team's confidence in the Company's excellent management abilities and significant assets. "

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