1. TRUMP ENTERTAINMENT RESORTS INVESTOR PRESENTATION September 2005 INVESTOR PRESENTATION September 2005

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

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

4. Trump Taj Mahal

6. Trump Plaza

8. Trump Marina

10. Food & Beverage RetailEntertainment 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 Slot machines are leased with expirations from 2005 to 2008

11. Trump Taj Mahal

12. Trump Plaza

13. Trump Marina

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

15. TRUMP ENTERTAINMENT RESORTS Property Characteristics Trump Taj Mahal Trump Plaza Trump Marina Building Square Footage 3,000,000 sq. ft. 1,100,000 sq. ft. 2,000,000 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 Parking Spaces 700027003000 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

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

17. 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 CASINO REVENUE MARKETING COSTS MARKETING COST MARGIN Trump Taj Mahal $497.2$144.029.0%$500.1$160.732.1% Trump Marina $253.5 $ 80.5 31.8%$261.4 $ 87.3 33.4% Trump Plaza $305.8$105.634.5%$308.2$118.438.4% Industry$4.639.1$1,410.130.4%$4,796.0$1,498.631.2% Industry w/o Trump $3,582.6$1,080.030.1%$3,727.0$1,132.230.4%

18. TRUMP ENTERTAINMENT RESORTS ATLANTIC CITY OPERATIONS TRAILING TWELVE MONTHS OPERATING MARGIN 20042005 Trump Taj Mahal 24.2%21.5% Trump Marina 19.2%20.0% Trump Plaza 18.7%15.0% Industry25.1%25.0% Industry w/o Trump 26.1%26.7% PROPERTY OPERATING MARGINS VS. INDUSTRY FOR THE TRAILING TWELVE MONTHS ENDED JUNE 30, 2004 AND JUNE 30, 2005

19. TRUMP ENTERTAINMENT RESORTS ATLANTIC CITY OPERATIONS TRAILING TWELVE MONTHS JUNE 30, 2005 JUNE 30, 2005ACTUAL 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 OPERATING PROFIT COMPARISON PROFORMA PROPERTY OPERATING PROFIT AT INDUSTRY OPERATING MARGIN WITHOUT TRUMP ($ IN MILLIONS)

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

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

22. TRUMP ENTERTAINMENT RESORTS