City of Dreams Fuels up for the 59th Macau Grand Prix

Speed and Passion Start From The City of Dreams Macau GT Cup

Macau, Nov 14, 2012 - (ACN Newswire) - City of Dreams, as the title sponsor of the City of Dreams Macau GT Cup, brings the passion for car racing to Macau. In the eve of the 59th Macau Grand Prix, dozens of City of Dreams Macau GT Cup top racers met with the media. Melco Crown Entertainment's Management, along with celebrity Kate Tsui, made a toast to the racers and wished them luck and success.

This year's City of Dreams Macau GT Cup will see 33 internationally renowned racers from 13 different countries and regions, including a number of big names in the racing field. The City of Dreams Macau GT cup will double as the Asia GT series' final round. It will undoubtedly grasp the attention of car racing enthusiasts from around the world.

Chief Operating Officer of Melco Crown Entertainment Mr. Ted Chan said: "City of Dreams has strived to bring to the visitors of Macau cutting-edge and diverse entertainment experience and to develop Macau into Asia's leading destination for leisure and entertainment. With this vision in mind, City of Dreams has taken up the mantle of title sponsor for the Macau GT Cup, one of the highlighted races of the 59th Macau Grand Prix. Through supporting the Macau GT Cup, we contribute to the development of multi-dimensional entertainment and bring to visitors of Macau a unique and world-class entertainment experience."

"With the star-studded group of racers, I believe that this year's City of Dreams Macau GT Cup will be a truly amazing race. On behalf of Melco Crown Entertainment, I wish the race all the success."

At the media event, dozens of the competing drivers for the City of Dreams Macau GT Cup attended, including last year's champion Mr. Edoardo Mortara from Italy, first-runner up Mr. Keita Sawa from Japan, second-runner up Mr. Daniel Watts from Britain, the leading racer of the Asia GT Cup Mr. Mok Weng Sun from Singapore and the only racer from China, the 18-year-old Mr. Li Zhi Cong. Mortara and Sawa shared their preparation strategies. Mortara said he was thrilled to compete at the Macau Grand Prix again; he was confident to defend his crown and was looking forward to racing his fellow top drivers. Sawa said he was targeting the championship after the training and experience he had gained in the past year.

Celebrity Ms. Kate Tsui, who recently scored the crown at a car racing event in Shanghai, also attended the event. When asked about her strategies to win, she said, "I enjoy the speed and the way the car glides on the tracks. My nerve got to me at first, but once the engine started roaring and the speed picked up, I relaxed quite a bit, and I performed much better than expected." Tsui learned that there was a female driver in the City of Dreams Macau GT Cup, she wished her all the success. At the end of the media event, Tsui was joined by Melco Crown Entertainment management to steer the wheels and kick-started the City of Dreams Macau GT Cup.

The City of Dreams Macau GT Cup will take place on Sunday November 18. Starting from November 15 to 17, there will be practices, qualifying and warm up races. City of Dreams' R Bar and Flame Bar pump up the fans' adrenaline level with Grand Prix themed cocktails. Racing fans can also test their smarts and enter the City of Dreams Macau GT Cup "Pick the Winners" game and win lucrative prizes. Let's feel the buzz of the Macau Grand Prix! For more details, please visit www.cityofdreamsmacau.com.

City of Dreams is operated by Melco Crown Entertainment, an entertainment company listed on the Main Board of the Stock Exchange of Hong Kong Limited (SEHK: 6883) and the NASDAQ Global Select Market (NASDAQ: MPEL). It is an integrated entertainment resort that has established itself as a premier leisure and entertainment destination in Macau.

Safe Harbor StatementThis announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. The parent company of City of Dreams, Melco Crown Entertainment Limited ("the Company") may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the gaming market and visitation in Macau, (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) the Company's anticipated growth strategies, and (v) the Company's future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may", "will", "expect", "anticipate", "target", "aim", "estimate", "intend", "plan", "believe", "potential", "continue", "is/are likely to" or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the SEC. All information provided in this announcement is as of the date of this release, and the Company undertakes no duty to update such information, except as required under applicable law.

About City of DreamsCity of Dreams is operated by a Macau subsidiary of Melco Crown Entertainment Limited, an entertainment company listed on the Main Board of The Stock Exchange of Hong Kong Limited (SEHK: 6883) and the NASDAQ Global Select Market (NASDAQ: MPEL). It is an integrated entertainment resort that has established itself as a premier leisure and entertainment destination in Macau. Located in the heart of Cotai in Macau, it combines electrifying entertainment, a diverse array of accommodation, regional and international dining, designer brand shopping and a spacious and contemporary casino. The resort brings together a collection of world-renowned brands including Crown, Grand Hyatt, Hard Rock and Dragone to create an exceptional entertainment experience that aims to appeal to a broad spectrum of visitors from around Asia and the world. City of Dreams features a 420,000-square-foot casino with approximately 400 gaming tables and approximately 1,300 gaming machines; over 20 restaurants and bars; an impressive array of some of the world's most sought-after retail brands; and Dragon's Treasure, an iconic and spectacular audio visual multimedia experience. 'The House of Dancing Water', the world's largest water-based extravaganza showcased in the purpose-built Dancing Water Theater, represents the live entertainment centerpiece of City of Dreams' overall leisure and entertainment offering. A comprehensive range of accommodation options at City of Dreams include Crown Towers offering approximately 300 guest rooms, Hard Rock Hotel offering approximately 300 guest rooms and Grand Hyatt Macau offering approximately 800 guest rooms. A second planned phase of development at City of Dreams will feature an apartment hotel consisting of approximately 800 units. For more information please visit: www.cityofdreamsmacau.com (Official Website) and www.cityofdreamsmedia.com (Medial Portal). For The House of Dancing Water information, please visit www.thehouseofdancingwater.com (Official Website) and www.thehouseofdancingwatermedia.com (Media Portal).

About Melco Crown Entertainment Limited

Source: Melco Crown Entertainment Limited

Contact:

City of Dreams
Charles Ngai
Tel: +853 8868 7553
Email: charlesngai@melco-crown.com

Stephanie Au
Tel: +853 8868 7560
Email: stephanieau@melco-crown.com

Copyright 2012 ACN Newswire. All rights reserved.

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