Chehalis Tribe and Great Wolf Plan More Guest Suites

Grand Mound, Washington Great Wolf Lodge

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. October 14, 2008

MADISON, WI, September 29, 2006. Great Wolf Resorts, Inc. (NASDAQ:WOLF and The Confederated Tribes of the Chehalis Reservation today announced that October 24 is the date for the official groundbreaking ceremony for their Great Wolf Lodge - Washington's first indoor waterpark resort - and conference center to be built in Grand Mound, Washington. The resort will be built by a joint venture between the two entities: a subsidiary of Great Wolf Resorts will operate the resort, The Confederated Tribes of the Chehalis Reservation will contribute a 39-acre land parcel needed for the resort, and both parties will maintain equity positions in the joint venture.

Inspired by the spirit and adventure of the northwoods, Great Wolf Lodge will be a first-class, full-service, family destination resort. Serving as Washington's Year-Round Family Resort(TM), Great Wolf Lodge will provide a comprehensive package of family entertainment and lodging amenities including: 390 all-suite guest rooms; a 67,000 square-foot indoor entertainment area which will feature Washington's largest indoor waterpark; a 30,000 square-foot conference center; multiple food outlets; a Starbucks(R) coffee shop; an Aveda(R) Concept Spa; a children's craft and activity room; a 100-game arcade with ticket redemption; a fitness room; and a gift emporium.

The joint venture today also announced enhancements to the previously-announced size and amenities of the resort, including:

-- Increasing the size of the resort to 390 suites from 317 suites

-- Redesigning the resort footprint to an eight-story structure to preserve the ability for additional development on the joint venture's land parcel

-- Adding waterpark amenities, including the enclosed, six-story Howlin' Tornado(TM) extreme funnel ride

-- Augmenting the resort's family-oriented attractions to include MagiQuest, a live-action fantasy adventure, where guests are part of the three-dimensional interactive game

-- Increasing the outdoor amenities with the addition of an upscale family miniature golf course

-- Expanding the experience for teen guests with several targeted amenities and activities

-- Supplementing the indoor waterpark with a spacious sun deck with an indoor/outdoor hot tub

-- Expanding the resort's food and beverage offerings to include a second northwoods-themed family restaurant

"The increase of size and enhancements to our resort reflects the continuing evolution of the Great Wolf Lodge brand and our experience from our other locations," said John Emery, Great Wolf Resorts chief executive officer. "Our successful recent developments have demonstrated the value to our company and our customers of adding these types of amenities and expanding the overall family vacation experience. We continue to focus on our goal of building resorts that optimize the efficient development of our site and respond proactively to marketplace dynamics. We believe the Grand Mound project will benefit from these enhancements, both by providing a fuller consumer experience and by establishing a higher barrier to entry for potential competitors."

The redesign process and construction of the expanded facility add 60 - 90 days to the original development schedule. Construction is commencing and the redesigned and expanded resort is expected to open in early 2008.

This press release may contain forward-looking statements within the meaning of the federal securities laws.