PENN NATL GAMING INC

Ticker: PENN CUSIP: 707569109 Class: Common Stock

CRAMER ROSENTHAL MCGLYNN LLC's Holding History (CIK: 0000820743)

Note: Option positions (PUT/CALL) are excluded.

Q3 2014

Shares 100,000 Value ($000) $1,121 Avg Close $11.28 Range $10.07 - $12.64

Q2 2014

Shares 100,000 Value ($000) $1,214 Avg Close $11.82 Range $10.26 - $13.48

Q1 2014

Shares 100,000 Value ($000) $1,232 Avg Close $12.34 Range $10.84 - $14.45

Q4 2013

Shares 20,000 Value ($000) $287 Avg Close $13.74 Range $12.24 - $15.50

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	100,000	$1,121	$11.28	$10.07 - $12.64
Q2 2014	100,000	$1,214	$11.82	$10.26 - $13.48
Q1 2014	100,000	$1,232	$12.34	$10.84 - $14.45
Q4 2013	20,000	$287	$13.74	$12.24 - $15.50