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River Rock Entertainment Authority Announces Extension of Tender Offer for up to $30 Million Aggregate Principal Amount of Its Outstanding 9-3/4% Senior Notes Due 2011

GEYSERVILLE, Calif.-(Business Wire)-September 24, 2008 - River Rock Entertainment Authority (the "Authority"), a governmental instrumentality of the Dry Creek Rancheria Band of Pomo Indians, a federally recognized Indian tribe (the "Tribe"), today announced that it is extending its previously-announced cash tender offer to purchase up to $30 million principal amount of its outstanding 9-¾% Senior Notes due 2011 (the "Notes"), upon the terms and subject to the conditions set forth in an Offer to Purchase dated August 27, 2008 (the "Offer to Purchase"). The Offer to Purchase will now expire at 5:00 p.m., New York City time, on October 2, 2008, unless extended or earlier terminated (the "Expiration Date").

As of 5:00 p.m. New York City time, on September 24, 2008, approximately $172.1 million in principal amount of Notes have been tendered for purchase by the Authority pursuant to the Offer to Purchase. In accordance with the Offer to Purchase, tendered Notes may no longer be withdrawn, unless the Offer to Purchase is terminated without any Notes being purchased. As the principal amount of the Notes tendered pursuant to the Offer to Purchase is greater than $30 million, the Maximum Tender Amount (as defined in the Offer to Purchase), we will accept Notes for purchase and pay Holders thereof on a pro rata basis.

The total consideration for each $1,000 principal amount of Notes that were validly tendered and not withdrawn prior to 5:00 p.m., New York City time, on September 16, 2008 (the "Early Tender Date") pursuant to the Offer to Purchase will be $1,051.25 (the "Total Consideration"), which amount includes an early tender premium of $30.00 per $1,000 principal amount of Notes (the "Early Tender Premium"). The Total Consideration minus the Early Tender Premium will be $1,021.25 per $1,000 principal amount of Notes (the "Tender Offer Consideration"). Holders of Notes ("Holders") who validly tender their Notes after the Early Tender Date but on or prior to the Expiration Date (now, October 2, 2008) will be eligible to receive only the Tender Offer Consideration.

The date of payment for tendered Notes (the "Settlement Date") is expected to occur promptly following the Expiration Date, provided all conditions to the Offer to Purchase have been satisfied or waived. The scheduled Settlement Date is now October 3, 2008, unless extended by us. Holders whose Notes are accepted for payment in the Offer to Purchase will receive accrued and unpaid interest in respect of such purchased Notes from the last interest payment date up to, but not including, the Settlement Date.

The Authority's obligation to accept and pay for tendered Notes is conditioned upon the satisfaction or waiver of various conditions described in the Offer to Purchase, which may be waived by us at any time on or prior to the Settlement Date. We also reserve the right to terminate, withdraw or amend the Offer to Purchase at any time and from time to time, as described in the Offer to Purchase.

The Offer to Purchase is made only by the Offer to Purchase and the Letter of Transmittal. For information regarding the Offer to Purchase, including information regarding the conditions to the Offer to Purchase and the procedures for tendering Notes, please refer to the Offer to Purchase. You should read the Offer to Purchase before making a decision whether to tender the Notes.

We have retained Merrill Lynch & Co. to serve as the Dealer Manager for the Offer to Purchase. Questions regarding the Offer to Purchase may be directed to Merrill Lynch & Co at (888) 654-8637. We have selected Global Bondholder Services Corporation to serve as both Depositary and Information Agent for the Offer to Purchase. If you are interested in participating in the Offer to Purchase, you should review all its terms and conditions in the Offer to Purchase and related documents. Requests for the Offer to Purchase, the Letter of Transmittal and related documents may be directed to Global Bondholder Services Corporation by telephone at (866) 794-2200. Beneficial owners may also contact their brokers, dealers, commercial banks, trust companies or other nominees through which they hold the Notes with questions and requests for assistance.

This press release shall not constitute an offer to buy or solicitation of an offer to sell, nor shall there be any purchase or sale of the Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful.

River Rock Entertainment Authority

We are a political instrumentality of the Dry Creek Rancheria Band of Pomo Indians, a federally recognized self-governing Indian tribe. The Tribe has 975 enrolled members and approximately 75-acre reservation in Sonoma County, California. We own and operate the River Rock Casino, a gaming and entertainment facility which is located on the Tribe’s reservation and overlooks the scenic Alexander Valley, approximately 75 miles north of San Francisco, California. The River Rock Casino features 35,500 square feet of gaming space containing 1,600 Class III slot and video poker gaming machines, 22 table games, as well as a full-service restaurant.

This press release includes certain "forward-looking statements" that involve many risks and uncertainties. When used, the words "believes," "anticipates," "plans," "expects," "intends," "estimates," "proposes," "seeks," "continues," "may," "will" or similar expressions and similar words or phrases, or the negative thereof, unless the context requires otherwise, are intended to identify forward-looking statements.

These forward-looking statements are based on the Authority's management’s present expectations and beliefs about future events. As with any projection or forecast, these statements are inherently susceptible to uncertainty and changes in circumstances. We are under no obligation to, and expressly disclaim any obligation to, update or alter the forward-looking statements whether as a result of such changes, new information, subsequent events or otherwise.

Important factors that could cause actual results to differ materially from those reflected in such forward-looking statements and that should be considered in evaluating our outlook are listed in the Offer to Purchase. Please see the risk factors included in our Annual Report on Form 10-K for the year ended December 31, 2007 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2008 and June 30, 2008 for a more detailed discussion of the foregoing and certain other factors that could cause actual results to differ materially from those reflected in such forward-looking statements and that should be considered in evaluating our outlook.

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