2008-06-27 23:47:13 -

- San Pasqual Casino Development Group, Inc. (the "Company"), a wholly owned, tribally chartered corporation formed under the laws of the San Pasqual Band of Mission Indians (the "Band"), today announced that it is extending the date by which consents must be received pursuant to its previously announced Consent Solicitation with respect to amendments to the indenture governing its outstanding

8% Senior Notes due 2013 (the "Notes") issued on September 29, 2005 (the "Consent Solicitation"). The Company is extending the expiration date for the Consent Solicitation to 5:00 p.m., New York City time, on July 11, 2008, unless earlier terminated or further extended (such time and date, as they may be further extended, the "Consent Date"). The Consent Solicitation had previously been scheduled to expire on June 27, 2008. Upon receipt of the requisite consents (which may occur prior to the Consent Date), the Issuer intends to effect the execution of a Supplemental Indenture (the "Supplemental Indenture") containing the amendments. All holders of Notes who have previously delivered consents do not need to redeliver consents or take any other action in response to this extension. Other holders of Notes may use the previously distributed Letter of Consent for purposes of delivering their consents. Except as noted herein, the terms and conditions of the Consent Solicitation remain unchanged.

Unless the Consent Solicitation is terminated by the Company for any reason before the Supplemental Indenture is executed, on the terms and subject to the conditions of the Consent Solicitation, the amendments will become operative upon the execution of the Supplemental Indenture and the Company will pay, promptly following the Consent Date, to each holder of Notes as of the record date who has validly delivered (and has not validly revoked) a valid consent on or prior to the Consent Date, $5 for each $1,000 in principal amount of the Notes.

The complete terms and conditions of the Consent Solicitation are set forth in the Consent Solicitation Statement that has previously been sent to holders of the Notes. Holders are urged to read the Consent Solicitation documents carefully. Copies of the Consent Solicitation Statement and related Letter of Consent may be obtained from Global Bondholder Services Corporation at (212) 430-3774 and (866) 389-1500 (toll-free).

Merrill Lynch & Co. is the Solicitation Agent for the Consent Solicitation. Questions regarding the Consent Solicitation may be directed to Merrill Lynch & Co. at (888) 654-8637 (toll-free) and (212) 449-4914.

About the Company

The Company is a tribally-chartered corporation formed under the laws of the Band. The Company was chartered by the general council of the Band to oversee and direct the development, financing, construction, operation, maintenance and management of the Valley View Casino and any of the Band's future gaming operations.

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from those currently anticipated. The forward-looking information is based on various factors and was derived using numerous assumptions. In some cases, you can identify these "forward-looking statements" by our use of words such as "anticipate," "expect," "propose," "plan," "intend," "designed," "estimate," "adjust" or the negative of those words and other comparable words. You should be aware that those statements reflect only our current views with respect to such matters. Actual events or results may differ substantially. The Company undertakes no obligation to publicly update or revise any forward-looking statements in connection with new or future events or otherwise.

San Pasqual Casino Development Group, Inc.
Sarah Iantosca, 760-291-5601