PENN NATL GAMING INC

Ticker: PENN CUSIP: 707569109 Class: Common Stock

Standard Investments LLC's Holding History (CIK: 0001539436)

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

Q3 2013

Shares 36,475 Value ($000) $2,019 Avg Close $12.05 Range $11.01 - $12.99

Q2 2013

Shares 51,544 Value ($000) $2,728 Avg Close $12.65 Range $11.23 - $13.55

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2013	36,475	$2,019	$12.05	$11.01 - $12.99
Q2 2013	51,544	$2,728	$12.65	$11.23 - $13.55