Penn National Gaming Completes $325 Million Rule 144A Offering

August 14, 2009

Cahill represented Deutsche Bank Securities, Wells Fargo Securities, BofA Merrill Lynch, RBS, CALYON, Commerzbank Corporates & Markets, Daiwa Securities America, TD Securities and KeyBanc Capital Markets as initial purchasers in the $325,000,000 Rule 144A Offering by Penn National Gaming, Inc. of its 8.75% Senior Subordinated Notes due 2019.