TRUMP ENTERTAINMENT RESORTS INVESTOR PRESENTATION September 2005 TRUMP

TRUMP ENTERTAINMENT RESORTS INVESTOR PRESENTATION September 2005

TRUMP ENTERTAINMENT RESORTS INVESTOR PRESENTATION TOPICS • • • Growth Opportunities Casino Space Public Space Operating Margin Improvement Brand Identity

TRUMP ENTERTAINMENT RESORTS GROWTH OPPORTUNITIES Land for Expansion: Trump Taj Mahal Trump Plaza Trump Marina Capital plan to be developed to construct rooms at all three properties over time.

Trump Taj Mahal

Trump Plaza

Trump Marina

TRUMP ENTERTAINMENT RESORTS CASINO SPACE Casinos have excess capacity Right Sizing casino floors is being planned Creation of fun and excitement on the casino floor Food & Beverage Retail Entertainment Slot machines are leased with expirations from 2005 to 2008

Trump Taj Mahal

Trump Plaza

Trump Marina

TRUMP ENTERTAINMENT RESORTS PUBLIC SPACE Creation of new dining and entertainment experiences Renovation of existing space

TRUMP ENTERTAINMENT RESORTS Property Characteristics Trump Taj Mahal Trump Plaza Trump Marina 3, 000 sq. ft. 1, 100, 000 sq. ft. 2, 000 sq. ft. Convention Space 140, 000 sq. ft. 36, 000 sq. ft. 58, 000 sq. ft. Etess Arena 63, 000 sq. ft. Restaurants/Beverage Locations 31 locations 13 locations 8 locations 7000 2700 3000 Building Square Footage Parking Spaces Special Features Originally designed to support four 1250 room towers 30 acre site At the end of the Atlantic City Expressway 645 Boat Slips Only Marina in Atlantic City

TRUMP ENTERTAINMENT RESORTS OPERATING MARGIN IMPROVEMENT Marketing cost reassessment and reduction planned Operating margin improvement

TRUMP ENTERTAINMENT RESORTS ATLANTIC CITY OPERATIONS MARKETING COST MARGINS VS. INDUSTRY FOR THE TRAILING TWELVE MONTHS ENDED JUNE 30, 2004 AND JUNE 30, 2005 ($ IN MILLIONS) Trailing Twelve Months Ended JUNE 30, 2004 Trailing Twelve Months Ended JUNE 30, 2005 CASINO REVENUE MARKETING COSTS MARKETING COST MARGIN Trump Taj Mahal $497. 2 $144. 0 29. 0% $500. 1 $160. 7 32. 1% Trump Marina $253. 5 $ 80. 5 31. 8% $261. 4 $ 87. 3 33. 4% Trump Plaza $305. 8 $105. 6 34. 5% $308. 2 $118. 4 38. 4% Industry $4. 639. 1 $1, 410. 1 30. 4% $4, 796. 0 $1, 498. 6 31. 2% Industry w/o Trump $3, 582. 6 $1, 080. 0 30. 1% $3, 727. 0 $1, 132. 2 30. 4%

TRUMP ENTERTAINMENT RESORTS ATLANTIC CITY OPERATIONS PROPERTY OPERATING MARGINS VS. INDUSTRY FOR THE TRAILING TWELVE MONTHS ENDED JUNE 30, 2004 AND JUNE 30, 2005 TRAILING TWELVE MONTHS OPERATING MARGIN 2004 2005 Trump Taj Mahal 24. 2% 21. 5% Trump Marina 19. 2% 20. 0% Trump Plaza 18. 7% 15. 0% Industry 25. 1% 25. 0% Industry w/o Trump 26. 1% 26. 7%

TRUMP ENTERTAINMENT RESORTS ATLANTIC CITY OPERATIONS OPERATING PROFIT COMPARISON PROFORMA PROPERTY OPERATING PROFIT AT INDUSTRY OPERATING MARGIN WITHOUT TRUMP ($ IN MILLIONS) TRAILING TWELVE MONTHS JUNE 30, 2005 ACTUAL PROFORMA AT 26. 7% OPERATING MARGIN TRUMP TAJ MAHAL $ 99. 8 $123. 9 TRUMP MARINA $ 49. 6 $ 65. 9 TRUMP PLAZA $ 41. 7 $ 74. 4

TRUMP ENTERTAINMENT RESORTS BRAND IDENTITY Trump brand is highly recognized Use the brand to obtain future business opportunities

TRUMP ENTERTAINMENT RESORTS INVESTOR PRESENTATION SUMMARY • • • Growth Opportunities Casino Space Public Space Operating Margin Improvement Brand Identity

TRUMP ENTERTAINMENT RESORTS