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Stratosphere Casino Hotel and Tower Expansion Project Nearing Completion

The new rooms are slated for a mid-summer opening, but components of the project are scheduled to begin opening by May 2001.

The project includes: a 1,000-room tower with 100 suites, many with oversized spa tubs and fabulous views of the Las Vegas Strip; a 67,000-square-foot resort style pool and recreation deck on the eighth floor of the new tower -- overlooking the Las Vegas Strip -- featuring a spa, private cabanas and a special event area.

There will also be a snack bar and full-service cocktail bar slated to open in June 2001; Lucky's Cafe, a 300-seat coffee shop with decor best described as ``vintage Las Vegas'' with a 50s style art deco theme with historical photographs of Las Vegas -- set to open May 2001; a buffet expansion; and an entertainment and special event amphitheater that will seat more than 3,700 guests and will bring the hottest headliners and special events, such as world-class boxing, to the north end of the Strip.

The project also includes a new entrance, complete with a new porte cochere, valet parking entrance, bus terminal, hotel lobby and gift shop area, and incorporates some of the most up-to-date safety features, such as earthquake-proof codes and safety features, sprinklers, smoke alarms and strobes for the hearing-impaired.

``There has never been a more exciting time at the Stratosphere. Carl Icahn is keeping true to his word of building the property to its original vision. In fact, we are surpassing the original vision to create a truly one-of-a-kind property,'' said Richard P. Brown, chief operating officer for Icahn's Nevada gaming properties.

``It's going to be an exciting new Stratosphere, but our commitment remains the same: create a property that is the number one destination value in Las Vegas with a wide array of unique attractions.''

Stratosphere is an integrated casino/hotel/entertainment complex located at the north end of the Las Vegas Strip.

Highlighted by the 1,149-foot Stratosphere Tower, the tallest free-standing observation tower in the United States, Stratosphere features 1,444 guest rooms and suites; an expansive 100,000-square-foot casino, offering the best odds in Las Vegas; uniquely themed restaurants, including the acclaimed Top of the World revolving restaurant at the top of the Stratosphere Tower; Fellini's Tower of Pasta Italian restaurant and Hamada's Asian Village; The Tower Shops at Stratosphere, a vast retail and entertainment mall; the destination Big Shot and High Roller thrill rides; and the popular American Superstars and Viva Las Vegas productions.

For more information on the Stratosphere Casino Hotel and Tower, call 702/380-7777 or 800/99-TOWER (998-6937). Icahn is the principal owner of the Stratosphere Casino Hotel and Tower. Icahn is also the principal owner of Arizona Charlie's East at 4575 Boulder Highway and Arizona Charlie's West at 740 S. Decatur Blvd.

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