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DFS Group, LV Sands Corp Sign Agreement

8 March 2006

LAS VEGAS – (PRESS RELEASE) -- Las Vegas Sands Corp. (NYSE: LVS) and DFS Group Limited announced today that the two companies have reached an agreement that will see DFS lease significant retail space in the Mall at Four Seasons Hotel Macao on the Cotai Strip(TM) in the People's Republic of China Special Administrative Region of Macao. The parties have signed a Memorandum of Agreement and expect to enter into binding definitive agreements before the end of the second quarter of 2006.

DFS is presenting a group of luxury retailers in the Mall at Four Seasons Hotel Macao which will feature individual stores by the most prestigious brands including Fendi, Gucci, Hermes, Dior, Prada, Burberry, Ferragamo, Cartier, Ermenegildo Zegna, Tods, Dunhill, Chaumet, Celine, Bvlgari, Chopard, Omega, Tag Heuer and many more.

"As a world-renowned retailer, DFS understands the magnitude of the development in Macao and will play a key role in helping us transform the Cotai Strip(TM) into Asia's Las Vegas(TM)," said Sheldon G. Adelson, chairman and chief executive officer of Las Vegas Sands Corp. "The development of the Cotai Strip continues as we add preeminent names in lodging, shopping, dining and entertainment."

The new DFS retail project will reflect the company's continuing commitment to refining luxury presentations enhancing the customer experience with superb architecture and interior design and service features including an elegant cafe and bar.

DFS is the world's largest travel retailer with 150 stores in 15 countries. The company's 2005 revenues topped $2.2 billion. DFS specializes in presenting luxury brands to international travelers in stores that are especially designed to meet the needs of these discerning customers. Most recently, DFS opened its new 70,000 square-foot Galleria in Okinawa last year and is completing a major renovation of Guam's Tumon Bay Galleria later this year.

The Four Seasons Hotel Macao, which is being developed by Las Vegas Sands Corp., is expected to feature 400 luxurious hotel rooms; up to 600 Four Seasons-serviced vacation suites; distinctive dining experiences; full service spas, each featuring a wide array of amenities; elegant and versatile meeting space and a spacious pool bar and grill.

The adjoining Grand Canal Shoppes in The Venetian Macao is expected to feature one million square feet of retail mall space and, similar to The Venetian in Las Vegas, will combine the beauty of Venetian landmarks, arched bridges, and serenading gondoliers with a renowned mix of exclusive shops, restaurants, and cafes. The Venetian Macao, scheduled to open in early 2007, will occupy 10.5 million square feet of space and serve as the anchor of the Cotai Strip(TM). At completion, the luxury resort will feature 3,000 suites, one million square feet of meeting and exhibition space, a 2,000 seat showroom, and a 15,000 seat arena.

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