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Las Vegas Sands Commences Exchange Offer

LAS VEGAS – (PRESS RELEASE) -- Las Vegas Sands Corp. (NYSE: LVS) announced today the company has commenced an offer to exchange $250 million of its outstanding 6.375% Senior Notes due 2015 for 6.375% Senior Notes due 2015 that have been registered under the Securities Act of 1933, as amended (the "Exchange Offer"). The Exchange Offer is scheduled to expire at 5:00 p.m. New York City time, on July 21, 2005, unless extended or earlier terminated by LVS. The Exchange Offer is being made in order to satisfy certain obligations of LVS contained in a Registration Rights Agreement entered into by LVS when it issued the 6.375% Senior Notes in February 2005.

The new notes are substantially identical to the notes for which they are being exchanged, except that the new notes will be registered under the Securities Act of 1933, as amended, and, as a result, the transfer restrictions and registration rights provisions applicable to the original notes will not apply to the new notes.

The terms and conditions of the Exchange Offer are set forth in a prospectus, dated June 21, 2005. Copies of the prospectus and related letter of transmittal may be obtained from the exchange agent, U.S. Bank National Association, Exchange Agent, 60 Livingston Avenue, St. Paul, Minnesota 55107, Attention: Specialized Finance Dept. or (800) 934-6802.

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