Great Wolf Resorts, Inc. Extends Consent Solicitation for 10.875% First Mortgage Notes due 2017 and Amends Certain Terms

Great Wolf Resorts

announced today that it has further extended the expiration date of its previously announced consent solicitation with respect to the 10.875% First Mortgage Notes due 2017 issued by its wholly-owned subsidiaries GWR Operating Partnership, L.L.L.P. and Great Wolf Finance Corp, seeking the consent of at least a majority of the aggregate principal amount of all outstanding Notes to waive the obligation to make a “Change of Control Offer” under the indenture relating to the Notes with respect to, among other things, the previously announced transactions contemplated by the merger agreement dated as of March 12, 2012 and modify certain restrictive covenants in the Indenture, in each case, subject to the terms and conditions described in the Consent Solicitation Statement, dated March 13, 2012, the accompanying Consent Letter and Supplement No. 1 to the Consent Solicitation Statement, dated April 2, 2012.