The support agreement contemplates that the company wouldbeginreorganization proceedings by late November and that the planitself would be confirmed by mid-April 2005 and consummated by May1, 2005. The Company intends to arrange for up to $100 millioninterim financing during the proceedings.

As part of the plan, Trump will invest approximately $71.4million into the recapitalized company. That investment willconsist of a $55 million cash equity investment and the conversionof approximately $16.4 million principal amount of TCH SecondPriority Notes owned by him into shares of the recapitalizedCompany's common stock. He is expected to remain the largestindividual stockholder of the company with approximately 27% of thecompany's common stock.

The plan calls for an approximately $400 million reduction inthe company's indebtedness with a reduced interest rate of 8.5%,representing annual interest expense savings of approximately $98million. The plan also permits a working capital facility of up to$500 million secured by a first priority lien on its operatingassets such as the Trump Taj Mahal, Trump Plaza and Trump Marinacasino/hotels here. The company's other properties include ariverboat casino in Gary, IN. It also manages a NativeAmerican-owned property in Southern California.

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