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Macao ferry service adds more sailings

9 June 2008

MACAO, China, -- (PRESS RELEASE) -- Cotai Waterjets (Macau) Limited announced today that beginning on June 10, 2008 the Cotai StripĀ® CotaiJet(TM) high-speed ferry service, which is managed and operated by Cotai Chu Kong Shipping Management Services Co., Ltd. of Hong Kong and uses ferries purchased by a wholly-owned subsidiary of Las Vegas Sands Corp. (NYSE: LVS - News), will initiate evening sailings and operate with more frequent service during important peak hours.

In addition to its routes operating between the Hong Kong-Macau Ferry Terminal, Sheung Wan, Hong Kong and the Taipa Temporary Ferry Terminal in Macao, CotaiJet also has plans to operate ferry services between the China Ferry Terminal Tsim Sha Tsui, Kowloon, Hong Kong and the Taipa Temporary Ferry Terminal.

"The expanded CotaiJet ferry service will provide a viable transportation option for visitors who come to Macao for conventions and exhibitions, family leisure, and arena and theater entertainment, such as the Cirque du SoleilĀ® show ZAIA(TM), which begins this summer," said Mr. Stephen Weaver, president of Las Vegas Sands Corp's. Asian region. "The increased frequency and later sailing hours will help reduce the waiting times for visitors coming to Macao during peak travel periods and ease traffic congestion on the Macao peninsula, thus enhancing the overall experience for visitors."

CotaiJet's expanded roundtrip daily ferry service between Hong Kong and Macao will now run from 7:00 am to 11:30 pm. Between the hours of 7:00 a.m. and 7:00 p.m., CotaiJet will operate with service every 30 minutes instead of its current one-hour intervals. The additional routes will increase the capacity of the current CotaiJet service by 250 percent. Over time, the company plans to operate the service in 15-minute intervals and on a 24-hour a day basis.

"For Macao to reach its potential as a world-class business and leisure destination, it must continue investing in the transportation infrastructure that will enable more convenient access to the world-class amenities Macao now has to offer," said Weaver. "These expanded ferry services will help improve and expand that access and will allow more visitors from across the region and around the world to contribute to Macao's continuing transformation into an international leisure and business destination."

CotaiJet features custom-built ferries capable of carrying more than 400 passengers and traveling at top speeds of close to 42 knots.

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