THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Great Wolf Resorts, Inc. (WOLF)

4/10/2006 Proxy Information

Pursuant to separate transition services agreements, during fiscal year 2005 we provided certain services to each of Great Lakes Hospitality Partners, LLC and Great Lakes Housing Partners, LLC (the entities that succeeded to Great LakesŐ non-resort development and management business). Messrs. Neviaser and Emery, as well as Ms. Schaeffer, are members of each of these limited liability companies. These services ceased as of December 31, 2005. These services included, among others, administrative services, corporate services, accounting services, financing services, legal services, tax services, information technology services, human resources services, payroll services and operational services. These services were provided by us as and if any such service was reasonably requested. The fees for these services were determined as each such service was provided from time to time and were generally equal to the cost of such services had the services been provided by an unaffiliated third party. The agreements also provided for customary expense reimbursement. The total fees and expense reimbursements we collected during fiscal year 2005 were $117,000 from Great Lakes Housing Partners, LLC and $528,000 from Great Lakes Hospitality Partners, LLC.

Mr. Vaccaro co-founded the predecessor companies of Great Wolf Resorts, Inc. and from 1992 until completion of the IPO, served as the co-Chairman of The Great Lakes Companies, Inc. and its predecessor companies.