Trump Retains Merrill Lynch to Evaluate Strategic Alternatives

. October 14, 2008

MARCH 12, 2007. Trump Entertainment Resorts, Inc. (the "Company") (NASDAQ NMS: TRMP) announced today the engagement of Merrill Lynch to assist the Company in the identification and evaluation of strategic corporate options including, but not limited to, capital structure, financing and value-creation alternatives. There can be no assurance with respect to the results of this engagement. The Company does not intend to comment further publicly with respect to this matter unless required by law.

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