MGM Grand Macau Debuts Stylish New Icon

. October 14, 2008

DECEMBER 20, 2007. MGM Grand Macau officially opened its doors this evening at 10:50 p.m. local time, to thousands of guests eager to experience the burgeoning gaming destination's latest grand resort.

Owned by MGM Grand Paradise, a 50/50 joint venture between MGM MIRAGE (NYSE: MGM) and Pansy Ho Chiu-king, the 600-room MGM Grand Macau resort casino marks the powerful partnership's first venture into the rapidly growing Macau gaming market. With its compelling design this resort makes an architectural statement setting a new standard of luxury in Asia.

"We have long anticipated this moment," said Terry Lanni, Chairman and CEO of MGM MIRAGE. "It marks the beginning of a new era, both for our company and for the Macau gaming market. We've been eager to demonstrate the combined capabilities of our partnership and this striking resort is testament to what we can achieve together. We are confident our efforts brought satisfaction to our many guests who celebrated with us tonight and will continue to do so for the many who visit Macau in the future. We look forward to showcasing to the world what we have created."

Pansy Ho Chiu-king, Managing Director of MGM Grand Paradise, added, "Through our partnership, MGM MIRAGE and I wish to bring about a brand new experience for tourists in Macau. The pleasurable experience of our guests will encourage repeated visits and a positive word-of-mouth reputation for both MGM GRAND Macau and Macau."

Located on a prime site on the Macau peninsula, MGM Grand Macau is a stylish icon at the center of the Macau gaming industry. The new resort features 600 rooms, suites and villas; a grand casino offering approximately 375 table games, 900 slot machines and 16 private gaming salons for preferred customers; and the signature Grande Praca showcasing Portuguese-inspired architecture, dramatic landscapes and a glass ceiling rising 25 meters (82 feet) above the floor of the resort.

The 35-story resort also includes convertible convention space, world-class spa and swimming pool facilities, and a variety of restaurants that continue in the MGM Grand tradition of culinary talents celebrating the diversity of international tastes and influences. These unique elements, combined with the high-quality service provided by its 6,000 employees will define this new resort.

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