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Ripley Entertainment Building 406 room Great Wolf Lodge
in Niagara Falls, Ontario, Canada; 
Resort will be Managed by Great Wolf Resorts, Inc.

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NIAGARA FALLS, Ontario - Jan. 18, 2005 - Ripley Entertainment and Great Wolf Resorts Inc. marked Tuesday an on-time construction schedule for the newest and largest family resort destination in the northeast. The 406 room Great Wolf Lodge in Niagara Falls, Canada is scheduled to open in Spring 2006.

The resort, part of a $200 million family entertainment destination, is situated on a 25-acre site which will also include the world-class Ripley's Aquarium of Canada, set to open in 2007.

"Ripley Entertainment along with Great Wolf Resorts is dedicated to giving families top notch accommodations and attractions when they visit Niagara Falls," said Bob Masterson, president of Ripley Entertainment, which owns the property. 

Great Wolf Lodge - Niagara Falls will be home to a spectacular 94,000 square-foot indoor entertainment area, featuring a grand-scale waterpark, 250-seat casual, themed family restaurant and bar, Elements - An Aveda(R) Concept Spa, 6,500 square feet of meeting and banquet space, 7,000 square-foot arcade, 600 square-foot confectionery cafe, 5,000 square-foot gift emporium, and fitness center. Guests entering the four-story, log-sided resort next year will be greeted by professional staff in a three-story Grand Lobby, complete with a fieldstone fireplace.

The 84 degree F, indoor waterpark will be one of North America's largest. Attractions include a gigantic wave pool; 10 waterslides, including two tube slides, four kiddie slides, three body slides and a water roller coaster; four pools, including an indoor recreation pool, outdoor activity pool, two-sided zero-depth entry children's pool and a lazy river; family and adult whirlpools; and an interactive treehouse waterfort. More than a million gallons of water will be filtered through the waterpark each hour.

Great Wolf Lodge - Niagara Falls, is licensed to and being developed by Ripley Entertainment, a Jim Pattison Company. The family entertainment destination is currently Canada's largest family resort construction project.

Located at 3950 Victoria Ave., Niagara Falls, Ontario L2E 4B2, the family resort will be managed by Great Wolf Resorts, Inc., the largest developer and operator of indoor waterpark resorts in North America. Other resorts include: Great Wolf Lodge in Wisconsin Dells, Wis.; Sandusky, Ohio; Traverse City, Mich.; Kansas City, Kan.; Williamsburg, Va.; (scheduled to open March 05) the Pocono Mountains, Pa.; (scheduled to open Fall 05) and Blue Harbor Resort & Conference Center(TM) in Sheboygan, Wis.

About Ripley Entertainment, Inc.
Ripley Entertainment, Inc., http://www.ripleys.com, is a leading global attractions company with annual attendance of more than 12 million guests. In addition to its 50-plus attractions, the Orlando-based company has publishing and broadcast divisions that oversee projects including the global syndicated Believe it or Not! television show, best selling books, and the popular syndicated comic strip. Ripley Entertainment is a Jim Pattison Company, the third-largest privately held company in Canada.

About Great Wolf Resorts, Inc.
Great Wolf Resorts, Inc. (NASDAQ:WOLF) is the largest owner, operator and developer in North America of drive-to family resorts featuring indoor waterparks and other family-orientated activities. Great Wolf Resorts(TM) owns and operates its family resorts under the Great Wolf Lodge(R) and Blue Harbor Resort(R) brands and is a fully integrated resort company with in-house expertise and resources in resort and indoor waterpark development, management, marketing and financing. Great Wolf Lodge resorts currently operates resorts in Wisconsin Dells; Sandusky, Ohio; Traverse City, Michigan.; Kansas City, Kansas; and Sheboygan, Wisconsin. Additionally, the company has three resorts under construction in Williamsburg, Virginia (anticipated opening in March 2005); the Pocono Mountains, region of Pennsylvania (anticipated opening in Fall-2005) and Niagara Falls, Ontario (independently owned by Ripley Entertainment, Inc. - a Jim Pattison Company, anticipated opening in Spring 2006).
 


 
Contact:

Great Wolf Resorts, Inc.
http://www.greatwolflodge.com

Also See: Great Wolf Resorts Inc. Raises $238 million with Successful Initial Public Offering; Plans to Open 10 Resorts Over Next Five Years / December 2004
Hotel Waterpark Resort Industry Report 2004 / 14 New Hotel Waterparks Open, 32 Under Construction / October 2004
What Is a Waterpark --- Really? Blending Swimming Pools, Amusement/Theme Parks, Hotels & Resorts Calls for New Definitions / October 2004


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