On April 5, 2007, Shareholders of Harrah’s Entertainment, Inc. (“HET”) voted concerning the
proposed merger with Hamlet Holdings LLC, an entity currently controlled by Apollo Management VI,
L.P. and TPG Partners V, L.P. The merger was approved and subsequently consummated prior to the
opening on January 28, 2008. As a result, each existing HET Common Share will be converted into the
right to receive $90.00 net cash per share.
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