HRP Myrtle Beach Holdings, LLC Issues Current Report

MYRTLE BEACH, S.C.--(Business Wire)--
HRP Myrtle Beach Holdings, LLC ("HRP") announced today that it
posted a current report on the company website (www.hrpusa.com). The
current report is being furnished pursuant to the Indentures governing
the Floating Rate Senior Secured Notes due 2012 (the "Senior Notes"),
the 12 1/2% Junior Secured Notes due 2013 (the "Junior Notes") and the
14 1/2% Senior Pay-In-Kind Notes due 2014 (the "PIK Notes"), and the
Equity Participation Agreement relating to the shares of Class B
Common Stock of HRP PIK Corp. ("PIK Corp."). The current report is
available to holders of the Senior Notes, holders of the Junior Notes,
holders of the PIK Notes, prospective purchasers of such securities,
securities analysts or market makers in such securities, and to Class
B shareholders of PIK Corp. The current report is available via a
secure link on the company website.

Companies or persons interested in requesting a password to access
the company website should contact HRP using the contact information
provided below in order to complete the confidentiality paperwork
required to obtain a password.

HRP intends to post all future annual reports, quarterly reports
and current reports which are required to be delivered pursuant to the
Indentures and the Equity Participation Agreement on the company
website. Notice of such future postings will be provided by press
release.

About HRP Myrtle Beach Holdings, LLC:

HRP Myrtle Beach Operations, LLC, a wholly-owned subsidiary of
HRP, owns and operates Hard Rock Park (the "Park"), a rock-n-roll
theme park in Myrtle Beach, South Carolina under a long term license
agreement with Hard Rock Cafe International (USA), Inc. The members of
HRP Myrtle Beach Partners, LLC, the parent of HRP, are (i) HRP
Executive Management Co., LLC, an entity owned by the Park's executive
management team consisting of Steven Goodwin, Felix Mussenden and Jon
Binkowski, who designed and developed the Park's concepts and will be
responsible for building and operating the Park; (ii) FHTP, LLC, a
group of prominent Myrtle Beach investors and community leaders; and
(iii) HRPV-I, LLC, a joint venture led by real estate developer Ziel
Feldman, Amnon Bar-Tur, the Managing Member of SafeHarbor Holding,
LLC, and Israeli investment funds Africa Israel Investment and Polar
International Real Estate.

HRP Myrtle Beach Holdings, LLC
HRP Myrtle Beach Operations, LLC
Steven Goodwin, CEO & CFO, 843-236-7625
Fax: 843-236-4600
investorrelations@hrpusa.com
www.hrpusa.com

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