X0306 4 2013-02-19 0 0000921738 PENN NATIONAL GAMING INC PENN 0001211342 CARLINO PETER M 825 BERKSHIRE BLVD SUITE 200 WYOMISSING PA 19610 1 1 0 0 Chairman & CEO Common Stock 2013-02-19 4 F 0 4722 51.10 D 1594059 D Common Stock 7575359 I By Trusts Mr. Carlino disclaims beneficial ownership of the shares owned by all of the trusts, and this report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose. /s/Robert S Ippolito as attorney-in-fact for Peter M. Carlino 2013-02-21