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Monte Carlo reopens

18 February 2008

LAS VEGAS, Nevada -- (PRESS RELEASE) -- MGM Mirage (NYSE: MGM) announced today that the Monte Carlo Hotel reopened as scheduled today and welcomed guests into the resort's casino, hotel tower, restaurants, showroom and meeting facilities.

"Today we celebrate the spirit of Monte Carlo," said Monte Carlo President and COO Anton Nikodemus. "After three weeks of hard work and dedicated effort, we are back where we belong -- doors open, staff at their posts and welcoming customers. Today is a day of celebration for our Monte Carlo resort family, our guests and our employees alike."

Monte Carlo opened today with more than 1,200 guest rooms available for the busy Presidents' Day holiday weekend. An additional 1,300 rooms will become available by February 22, allowing the resort a 2,500-room inventory. The remaining 500 rooms in Monte Carlo's normal 3,000-room inventory will remain out of service while undergoing more extensive redesign.

The majority of guest services also reopened today, including the Monte Carlo Casino, meeting and convention facilities, the wedding chapel and the Spa & Salon Monte Carlo. All food and beverage outlets are open, with the exception of the buffet and the Monte Carlo Brew Pub, which will open as business demands, but no later than February 22.

Master Magician Lance Burton will resume his long-running show this evening in the 1,200-seat Lance Burton Theater. In appreciation of their work, many of the emergency responders who answered the call to the hotel on January 25, will attend the first show as guests of Mr. Burton and Monte Carlo.

Mr. Nikodemus added, "This is the culmination of an incredible effort. Our thanks go out to the many people who played a role in making it happen. Now we will uphold our part and proudly carry on the Monte Carlo tradition they worked so hard to restore."

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