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Gaylord Entertainment Provides Updates on Flood Damage

June 25, 2010

Gaylord Entertainment Co. provided an update on the company's restoration efforts following the flood damage experienced at the Gaylord Opryland Resort, the Grand Ole Opry and the Company's other Nashville-area facilities.

"We have made significant progress in our work to assess and repair the damage inflicted by the historic flooding," said Colin V. Reed, chairman and chief executive officer of Gaylord Entertainment. "Our Nashville-area assets have been stabilized and we have a large group of contractors and experts working diligently alongside our management team to get us back to business as soon as possible.

"Flood damage requires an extraordinarily complicated repair process. We have had to manually test every aspect of our mechanical, electrical, information technology, and power generating systems in order to understand what works, what needs to be repaired, and what needs to be replaced.” From MarketWatch.com.

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