SUPPLEMENTAL CONDENSED CONSOLIDATING FINANCIAL STATEMENT INFORMATION:

As of September 30, 2011, substantially all of the Authority's outstanding debt, including its Bank Credit Facility, 2009 Second Lien Senior Secured Notes, 2005 Senior Unsecured Notes, 2002 Senior Subordinated Notes, 2004 Senior Subordinated Notes and 2005 Senior Subordinated Notes, is fully and unconditionally guaranteed, on a joint and several basis, by the following 100% owned subsidiaries of the Authority: the Pennsylvania Entities, MBC, Mohegan Golf, MCV-PA, Mohegan Ventures-NW, MVW, WTG and MTGA Gaming. The 2001 Senior Subordinated Notes, which were repaid at maturity on July 1, 2011, were fully and unconditionally guaranteed by MBC. In September 2010, MV, a subsidiary of the Tribe, surrendered its membership interest in WTG to MVW. Accordingly, MVW now holds 100% membership interest in WTG. Separate financial statements and other disclosures concerning the Pennsylvania Entities, MBC, Mohegan Golf, MCV-PA, Mohegan Ventures-NW, MVW, WTG and MTGA Gaming are not presented below because the Authority believes that the summarized financial information provided below and in Note 16 are adequate for investor analysis of these subsidiaries. Condensed consolidating financial statement information for the Authority, it guarantor subsidiaries and its non-guarantor entities as of September 30, 2011 and 2010 and for the fiscal years ended September 30, 2011, 2010 and 2009 is as follows (in thousands):

CONDENSED CONSOLIDATING BALANCE SHEETS



	September 30, 2011
	Authority		Total Guarantor Subsidiaries (1)		Total Non Guarantor Entities (2)		Consolidating/ Eliminating Adjustments			Consolidated
ASSETS
Property and equipment, net	$	1,263,876	$	245,768	$	19,951	$	—		$	1,529,595
Intercompany receivables	509,799		12,909		—		(522,708		)	—
Investment in subsidiaries	77,028		2,233		—		(79,261		)	—
Other intangible assets, net	120,737		285,601		—		—			406,338
Other assets, net	168,178		71,951		27,134		—			267,263
Total assets	$	2,139,618	$	618,462	$	47,085	$	(601,969	)	$	2,203,196
LIABILITIES AND CAPITAL
Current liabilities	$	1,006,018	$	31,950	$	18,773	$	—		$	1,056,741
Due to Mohegan Tribe	—		—		10,850		—			10,850
Long-term debt and capital leases, net of current portions	823,951		—		—		—			823,951
Relinquishment liability, net of current portion	110,348		—		—		—			110,348
Intercompany payables	—		509,799		12,909		(522,708		)	—
Other long-term liabilities	2,582		—		—		—			2,582
Total liabilities	1,942,899		541,749		42,532		(522,708		)	2,004,472
Mohegan Tribal Gaming Authority capital	196,719		76,713		4,553		(81,582		)	196,403
Non-controlling interests	—		—		—		2,321			2,321
Total liabilities and capital	$	2,139,618	$	618,462	$	47,085	$	(601,969	)	$	2,203,196

________________________


(1)	Includes the Pennsylvania Entities, MBC, Mohegan Golf, MCV-PA, Mohegan Ventures-NW, MVW, WTG and MTGA Gaming.


(2)	Includes Salishan-Mohegan, MG&H and Mohegan Resorts and subsidiaries.



	September 30, 2010
	Authority		MBC 100% Owned Guarantor Subsidiary		Other 100% Owned Guarantor Subsidiaries (1)		Total Guarantor Subsidiaries		Total Non Guarantor Entities (2)		Consolidating/ Eliminating Adjustments			Consolidated
ASSETS
Property and equipment, net	$	1,298,112	$	65	$	255,025	$	255,090	$	19,951	$	—		$	1,573,153
Intercompany receivables	492,653		—		12,238		12,238		—		(504,891		)	—
Investment in subsidiaries	101,966		—		2,473		2,473		—		(104,439		)	—
Other intangible assets, net	120,850		4,086		281,811		285,897		—		—			406,747
Other assets, net	124,333		321		72,109		72,430		23,960		—			220,723
Total assets	$	2,137,914	$	4,472	$	623,656	$	628,128	$	43,911	$	(609,330	)	$	2,200,623
LIABILITIES AND CAPITAL
Current liabilities	$	244,591	$	1,731	$	32,093	$	33,824	$	16,633	$	—		$	295,048
Due to Mohegan Tribe	—		—		—		—		10,000		—			10,000
Long-term debt and capital leases, net of current portions	1,601,471		—		—		—		—		—			1,601,471
Relinquishment liability, net of current portion	161,692		—		—		—		—		—			161,692
Intercompany payables	—		—		492,653		492,653		12,238		(504,891		)	—
Other long-term liabilities	368		—		—		—		—		—			368
Total liabilities	2,008,122		1,731		524,746		526,477		38,871		(504,891		)	2,068,579
Mohegan Tribal Gaming Authority capital	129,792		2,741		98,910		101,651		5,040		(107,007		)	129,476
Non-controlling interests	—		—		—		—		—		2,568			2,568
Total liabilities and capital	$	2,137,914	$	4,472	$	623,656	$	628,128	$	43,911	$	(609,330	)	$	2,200,623

________________________


(1)	Includes the Pennsylvania Entities, Mohegan Golf, MCV-PA, Mohegan Ventures-NW, MVW, WTG and MTGA Gaming.


(2)	Includes Salishan-Mohegan, MG&H and Mohegan Resorts and subsidiaries.

CONDENSED CONSOLIDATING STATEMENTS OF INCOME



	For the Fiscal Year Ended September 30, 2011
	Authority			Total Guarantor Subsidiaries (1)			Total Non Guarantor Entities (2)			Consolidating/ Eliminating Adjustments			Consolidated
Net revenues	$	1,112,021		$	308,274		$	—		$	(1,916	)	$	1,418,379
Operating costs and expenses:
Gaming and other operations	656,319			225,405			—			(1,916		)	879,808
Advertising, general and administrative	183,246			31,491			3,959			—			218,696
Depreciation and amortization	69,388			20,644			—			—			90,032
Severance	244			—			—			—			244
Relinquishment liability reassessment	(8,805		)	—			—			—			(8,805		)
Total operating costs and expenses	900,392			277,540			3,959			(1,916		)	1,179,975
Income (loss) from operations	211,629			30,734			(3,959		)	—			238,404
Accretion of discount to the relinquishment liability	(11,366		)	—			—			—			(11,366		)
Interest expense, net of capitalized interest	(60,859		)	(54,713		)	(2,798		)	660			(117,710		)
Loss on interests in subsidiaries	(25,311		)	(2,053		)	—			27,364			—
Other income (expense), net	(116		)	721			2,570			(660		)	2,515
Net income (loss)	113,977			(25,311		)	(4,187		)	27,364			111,843
Loss attributable to non-controlling interests	—			—			—			2,134			2,134
Net income (loss) attributable to Mohegan Tribal Gaming Authority	$	113,977		$	(25,311	)	$	(4,187	)	$	29,498		$	113,977

________________________


(1)	Includes the Pennsylvania Entities, MBC, Mohegan Golf, MCV-PA, Mohegan Ventures-NW, MVW, WTG and MTGA Gaming.


(2)	Includes Salishan-Mohegan, MG&H and Mohegan Resorts and subsidiaries.



	For the Fiscal Year Ended September 30, 2010
	Authority			MBC 100% Owned Guarantor Subsidiary			Other 100% Owned Guarantor Subsidiaries (1)			Total Guarantor Subsidiaries			Total Non Guarantor Entities (2)			Consolidating/ Eliminating Adjustments			Consolidated
Net revenues	$	1,153,194		$	5,180		$	265,439		$	270,619		$	(2	)	$	(1,849	)	$	1,421,962
Operating costs and expenses:
Gaming and other operations	717,495			3,627			197,570			201,197			—			(1,849		)	916,843
Advertising, general and administrative	190,401			1,503			28,467			29,970			3,988			—			224,359
Depreciation and amortization	74,337			248			22,704			22,952			—			—			97,289
Severance	9,865			—			—			—			—			—			9,865
Pre-opening	42			—			2,740			2,740			—			—			2,782
Impairment of Project Horizon	58,079			—			—			—			—			—			58,079
Relinquishment liability reassessment	(26,512		)	—			—			—			—			—			(26,512		)
Total operating costs and expenses	1,023,707			5,378			251,481			256,859			3,988			(1,849		)	1,282,705
Income (loss) from operations	129,487			(198		)	13,958			13,760			(3,990		)	—			139,257
Accretion of discount to the relinquishment liability	(15,426		)	—			—			—			—			—			(15,426		)
Interest expense, net of capitalized interest	(63,822		)	(25		)	(50,863		)	(50,888		)	(2,699		)	625			(116,784		)
Loss on early extinguishment of debt	(1,584		)	—			—			—			—			—			(1,584		)
Loss on interests in subsidiaries	(37,804		)	—			(2,099		)	(2,099		)	—			39,903			—
Other income (expense), net	(1,139		)	—			1,345			1,345			2,410			(625		)	1,991
Net income (loss)	9,712			(223		)	(37,659		)	(37,882		)	(4,279		)	39,903			7,454
Loss attributable to non-controlling interests	—			—			78			78			—			2,180			2,258
Net income (loss) attributable to Mohegan Tribal Gaming Authority	$	9,712		$	(223	)	$	(37,581	)	$	(37,804	)	$	(4,279	)	$	42,083		$	9,712

________________________


(1)	Includes the Pennsylvania Entities, Mohegan Golf, MCV-PA, Mohegan Ventures-NW, MVW, WTG and MTGA Gaming.


(2)	Includes Salishan-Mohegan, MG&H and Mohegan Resorts and subsidiaries.



	For the Fiscal Year Ended September 30, 2009
	Authority			MBC 100% Owned Guarantor Subsidiary			Other 100% Owned Guarantor Subsidiaries (1)			WTG Non-100% Owned Guarantor Subsidiary			Total Guarantor Subsidiaries			Total Non Guarantor Entities (2)			Consolidating/ Eliminating Adjustments			Consolidated
Net revenues	$	1,199,565		$	4,558		$	252,691		$	—		$	257,249		$	(12	)	$	(1,685	)	$	1,455,117
Operating costs and expenses:
Gaming and other operations	742,648			3,418			187,230			—			190,648			—			(1,685		)	931,611
Advertising, general and administrative	186,764			1,498			28,504			1,360			31,362			4,751			—			222,877
Depreciation and amortization	76,743			392			26,144			—			26,536			—			—			103,279
Pre-opening	58			—			224			—			224			—			—			282
Relinquishment liability reassessment	(45,678		)	—			—			—			—			—			—			(45,678		)
Total operating costs and expenses	960,535			5,308			242,102			1,360			248,770			4,751			(1,685		)	1,212,371
Income (loss) from operations	239,030			(750		)	10,589			(1,360		)	8,479			(4,763		)	—			242,746
Accretion of discount to the relinquishment liability	(20,425		)	—			—			—			—			—			—			(20,425		)
Interest expense, net of capitalized interest	(61,171		)	(81		)	(47,589		)	(645		)	(48,315		)	(1,459		)	1,256			(109,689		)
Gain on early extinguishment of debt	8,466			—			—			—			—			—			—			8,466
Loss on interests in subsidiaries	(39,403		)	—			(1,901		)	—			(1,901		)	—			41,304			—
Other income (expense), net	(7,153		)	—			1,613			721			2,334			2,329			(1,256		)	(3,746		)
Net income (loss)	119,344			(831		)	(37,288		)	(1,284		)	(39,403		)	(3,893		)	41,304			117,352
Loss attributable to non-controlling interests	—			—			—			—			—			14			1,978			1,992
Net income (loss) attributable to Mohegan Tribal Gaming Authority	$	119,344		$	(831	)	$	(37,288	)	$	(1,284	)	$	(39,403	)	$	(3,879	)	$	43,282		$	119,344

________________________


(1)	Includes the Pennsylvania Entities, Mohegan Golf, MCV-PA, Mohegan Ventures-NW, MVW and MTGA Gaming.


(2)	Includes Salishan-Mohegan, MG&H and Mohegan Resorts and subsidiaries.

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS



	For the Fiscal Year Ended September 30, 2011
	Authority			Total Guarantor Subsidiaries (1)			Total Non Guarantor Entities (2)			Consolidating/ Eliminating Adjustments			Consolidated
Net cash flows provided by (used in) operating activities	$	149,111		$	49,528		$	(4,361	)	$	—		$	194,278
Cash flows provided by (used in) investing activities:
Purchases of property and equipment	(37,530		)	(14,463		)	—			—			(51,993		)
Other cash flows provided by (used in) investing activities	35,936			1			(656		)	(35,465		)	(184		)
Net cash flows used in investing activities	(1,594		)	(14,462		)	(656		)	(35,465		)	(52,177		)
Cash flows provided by (used in) financing activities:
Bank Credit Facility borrowings-revolving loan	431,000			—			—			—			431,000
Bank Credit Facility repayments-revolving loan	(423,000		)	—			—			—			(423,000		)
Line of Credit borrowings	525,913			—			—			—			525,913
Line of Credit repayments	(533,300		)	—			—			—			(533,300		)
Principal portion of relinquishment liability payments	(42,644		)	—			—			—			(42,644		)
Distributions to Mohegan Tribe	(47,050		)	—			—			—			(47,050		)
Other cash flows provided by (used in) financing activities	(8,564		)	(36,452		)	4,808			35,465			(4,743		)
Net cash flows provided by (used in) financing activities	(97,645		)	(36,452		)	4,808			35,465			(93,824		)
Net increase (decrease) in cash and cash equivalents	49,872			(1,386		)	(209		)	—			48,277
Cash and cash equivalents at beginning of year	39,146			24,317			434			—			63,897
Cash and cash equivalents at end of year	$	89,018		$	22,931		$	225		$	—		$	112,174

________________________


(1)	Includes the Pennsylvania Entities, MBC, Mohegan Golf, MCV-PA, Mohegan Ventures-NW, MVW, WTG and MTGA Gaming.


(2)	Includes Salishan-Mohegan, MG&H and Mohegan Resorts and subsidiaries.



	For the Fiscal Year Ended September 30, 2010
	Authority			MBC 100% Owned Guarantor Subsidiary			Other 100% Owned Guarantor Subsidiaries (1)			Total Guarantor Subsidiaries			Total Non Guarantor Entities (2)			Consolidating/ Eliminating Adjustments			Consolidated
Net cash flows provided by (used in) operating activities	$	128,741		$	(203	)	$	44,760		$	44,557		$	(2,792	)	$	—		$	170,506
Cash flows provided by (used in) investing activities:
Purchases of property and equipment	(29,865		)	(3		)	(18,227		)	(18,230		)	—			—			(48,095		)
Payment of table game certificate fee	—			—			(16,500		)	(16,500		)	—			—			(16,500		)
Other cash flows provided by (used in) investing activities	4,604			—			1,161			1,161			(831		)	(4,418		)	516
Net cash flows used in investing activities	(25,261		)	(3		)	(33,566		)	(33,569		)	(831		)	(4,418		)	(64,079		)
Cash flows provided by (used in) financing activities:
Bank Credit Facility borrowings - revolving loan	368,000			—			—			—			—			—			368,000
Bank Credit Facility repayments - revolving loan	(407,000		)	—			—			—			—			—			(407,000		)
Bank Credit Facility repayments - term loan	(147,000		)	—			—			—			—			—			(147,000		)
Line of Credit borrowings	531,580			—			—			—			—			—			531,580
Line of Credit repayments	(536,373		)	—			—			—			—			—			(536,373		)
Proceeds from issuance of Second Lien Senior Secured Notes, net of discount	192,468			—			—			—			—			—			192,468
Principal portion of relinquishment liability payments	(39,939		)	—			—			—			—			—			(39,939		)
Distributions to Mohegan Tribe	(61,500		)	—			—			—			—			—			(61,500		)
Capitalized debt issuance costs	(8,179		)	—			—			—			—			—			(8,179		)
Other cash flows provided by (used in) financing activities	(1,693		)	232			(5,704		)	(5,472		)	3,496			4,418			749
Net cash flows provided by (used in) financing activities	(109,636		)	232			(5,704		)	(5,472		)	3,496			4,418			(107,194		)
Net increase (decrease) in cash and cash equivalents	(6,156		)	26			5,490			5,516			(127		)	—			(767		)
Cash and cash equivalents at beginning of year	45,302			(75		)	18,876			18,801			561			—			64,664
Cash and cash equivalents at end of year	$	39,146		$	(49	)	$	24,366		$	24,317		$	434		$	—		$	63,897

________________________


(1)	Includes the Pennsylvania Entities, Mohegan Golf, MCV-PA, Mohegan Ventures-NW, MVW, WTG and MTGA Gaming.


(2)	Includes Salishan-Mohegan, MG&H and Mohegan Resorts and subsidiaries.



	For the Fiscal Year Ended September 30, 2009
	Authority			MBC 100% Owned Guarantor Subsidiary			Other 100% Owned Guarantor Subsidiaries (1)			WTG Non 100% Owned Guarantor Subsidiary			Total Guarantor Subsidiaries			Total Non Guarantor Entities (2)			Consolidating/Eliminating Adjustments			Consolidated
Net cash flows provided by (used in) operating activities	$	142,635		$	(803	)	$	34,947		$	(2	)	$	34,142		$	(6,580	)	$	—		$	170,197
Cash flows provided by (used in) investing activities:
Purchases of property and equipment	(141,043		)	—			(36,191		)	—			(36,191		)	—			—			(177,234		)
Proceeds from amendment to the purchase agreement for Mohegan Sun at Pocono Downs	20,063			—			—			—			—			—			—			20,063
Other cash flows provided by (used in) investing activities	5,851			—			2,384			(745		)	1,639			(1,056		)	(6,617		)	(183		)
Net cash flows used in investing activities	(115,129		)	—			(33,807		)	(745		)	(34,552		)	(1,056		)	(6,617		)	(157,354		)
Cash flows provided by (used in) financing activities:
Bank Credit Facility borrowings - revolving loan	1,052,000			—			—			—			—			—			—			1,052,000
Bank Credit Facility repayments - revolving loan	(486,000		)	—			—			—			—			—			—			(486,000		)
Bank Credit Facility borrowings - term loan	(153,000		)	—			—			—			—			—			—			(153,000		)
Salishan-Mohegan Bank Credit Facility borrowings - revolving loan	—			—			—			—			—			2,250			—			2,250
Salishan-Mohegan Bank Credit Facility repayments - revolving loan	—			—			—			—			—			(10,000		)	—			(10,000		)
Line of Credit borrowings	547,230			—			—			—			—			—			—			547,230
Line of Credit repayments	(537,987		)	—			—			—			—			—			—			(537,987		)
Borrowings from Mohegan Tribe	—			—			—			—			—			10,000			—			10,000
Payments on long-term debt	(335,806		)	(1,000		)	—			—			(1,000		)	—			—			(336,806		)
Principal portion of relinquishment liability payments	(39,602		)	—			—			—			—			—			—			(39,602		)
Distributions to Mohegan Tribe	(71,500		)	—			—			—			—			—			—			(71,500		)
Capitalized debt issuance costs	(9,810		)	—			—			—			—			—			—			(9,810		)
Other cash flows provided by (used in) financing activities	(2,459		)	1,741			(8,782		)	771			(6,270		)	3,958			6,617			1,846
Net cash flows provided by (used in) financing activities	(36,934		)	741			(8,782		)	771			(7,270		)	6,208			6,617			(31,379		)
Net increase (decrease) in cash and cash equivalents	(9,428		)	(62		)	(7,642		)	24			(7,680		)	(1,428		)	—			(18,536		)
Cash and cash equivalents at beginning of year	54,730			(13		)	26,322			172			26,481			1,989			—			83,200
Cash and cash equivalents at end of year	$	45,302		$	(75	)	$	18,680		$	196		$	18,801		$	561		$	—		$	64,664

________________________


(1)	Includes the Pennsylvania Entities, Mohegan Golf, MCV-PA, Mohegan Ventures-NW, MVW and MTGA Gaming.


(2)	Includes Salishan-Mohegan, MG&H and Mohegan Resorts and subsidiaries.