PENN NATL GAMING INC

Ticker: PENN CUSIP: 707569109 Class: Common Stock

Centerbridge Partners, L.P.'s Holding History (CIK: 0001484836)

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

Q3 2014

Shares 44,514 Value ($000) $499 Avg Close $11.28 Range $10.07 - $12.64

Q2 2014

Shares 44,514 Value ($000) $540 Avg Close $11.82 Range $10.26 - $13.48

Q1 2014

Shares 44,514 Value ($000) $548 Avg Close $12.34 Range $10.84 - $14.45

Q4 2013

Shares 44,514 Value ($000) $638 Avg Close $13.74 Range $12.24 - $15.50

Q3 2013

Shares 44,514 Value ($000) $2,464 Avg Close $12.05 Range $11.01 - $12.99

Q2 2013

Shares 44,514 Value ($000) $2,356 Avg Close $12.65 Range $11.23 - $13.55

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	44,514	$499	$11.28	$10.07 - $12.64
Q2 2014	44,514	$540	$11.82	$10.26 - $13.48
Q1 2014	44,514	$548	$12.34	$10.84 - $14.45
Q4 2013	44,514	$638	$13.74	$12.24 - $15.50
Q3 2013	44,514	$2,464	$12.05	$11.01 - $12.99
Q2 2013	44,514	$2,356	$12.65	$11.23 - $13.55