Station Casinos Inc. announced that on April 30, 2012, in connection with the sale by JPMorgan Chase Bank, N.A. of all of its equity interests in Station Holdco LLC, which owns 100% of the non-voting equity interests in the company, Stephen J. Greathouse resigned as a member of the Board of Managers of the company, Station Holdco LLC, and Station Voteco LLC. Mr. Greathouse was designated to such boards by JPM pursuant to the terms of the equity holders agreement dated as of June 16, 2011.