Penn National Gaming Among Fastest Growing Companies

25 August 2005

UNITED STATES – As reported by the Memphis Business Journal: "Penn National Gaming, the owner of Hollywood Casino in Tunica, has been named one of the country's fastest-growing companies by Fortune magazine for the fifth year in a row.

"The list requires companies to have at least $50 million in revenue over the past four quarters, a minimum market cap of $50 million, and annual sales and EPS (earnings per share) growth of at least 25 percent for three straight years. Total return to investors was also factored into the equation. Penn had a three-year annual rate of return to investors of 59% and an annual growth rate for EPS and revenues of 35% and 32%, respectively.

"Peter Carlino, CEO of Penn National (NASDAQ: PENN), said in a statement that the company's status is a tribute to the general managers at its properties…"

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