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River Rock Entertainment Authority Announces Termination 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)-October 1, 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 its cash tender offer to purchase (the "Offer to Purchase") up to $30 million principal amount of its outstanding 9-¾% Senior Notes due 2011 (the "Notes") will terminate today at 8:00 p.m, New York City time. None of the $172.1 million in principal amount of tendered Notes will be purchased by the Authority. All tendered Notes will be returned promptly to tendering holders.

The Offer to Purchase was part of several transactions designed to provide funds for all or a portion of certain capital improvements projects on the Tribe's trust and adjacent lands that serve essential governmental purposes, and was conditional upon the completion of a financing necessary to provide funds to pay for tendered Notes. As current disruptions in the credit markets do not permit completion of this financing at this time, the Authority has decided to terminate the Offer to Purchase and to postpone the other transactions until market conditions improve.

Questions regarding the Offer to Purchase may be directed to Merrill Lynch & Co at (888) 654-8637. 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.

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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