PENN Entertainment, Inc. — Director's Dealing 2012

May 9, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PENN NATIONAL GAMING INC (PENN)
CIK: 0000921738
Period of Report: 2012-04-20

Reporting Person: SHATTUCK KOHN BARBARA (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-04-20	Common Stock	G	2190	—	Disposed	40955	Direct

Footnotes

F1: Reporting person is also the indirect beneficial owner of 2,000 shares owned by her husband.