Studio Daniel Libeskind, Murphy/Jahn Architects, Rockwell Group Join International Design Team; Innovative Urban Metropolis Offers Opportunity to Live the Las Vegas Strip Experience

LAS VEGAS, June 26 /PRNewswire/ -- With more than 10,000 cubic yards of concrete delivered by convoy, MGM MIRAGE set the foundation today for the transformation of the Las Vegas Strip. Project CityCenter, an unprecedented $7 billion urban metropolis, will be defined by spectacular architecture, renowned for premier experiences and unrivaled as the address to live and live it up.

A design collaboration between MGM MIRAGE (NYSE:MGM) and six internationally acclaimed architects, CityCenter opens in 2009 on 66 acres between Bellagio and Monte Carlo resorts. At the heart of the action on the Las Vegas Strip, CityCenter will feature a soaring 60-story, 4,000-room hotel/casino; two 400-room, non-gaming hotels; 500,000 square feet of retail shops, dining and entertainment venues; and luxury condominiums.

"This marks a significant milestone in our vision to create a living experience like none other in Las Vegas," said Terry Lanni, Chairman and Chief Executive Officer of MGM MIRAGE. "Project CityCenter's stunning contemporary architecture coupled with its singular collection of amenities will set this global city apart as a place not just to visit, but to live."

MGM MIRAGE also announced today three additions to the unrivaled architectural design team assembled to bring the CityCenter vision to reality. Studio Daniel Libeskind, Murphy/Jahn Architects and Rockwell Group have been selected to join CityCenter's celebrated and world-class design and architecture team. These firms will give shape to the project's pulse-setting retail/residential component: a modern urban residential district rich with high-end shops, gourmet restaurants and unique pedestrian environments.

"The addition of Studio Daniel Libeskind, Murphy/Jahn and Rockwell Group -- architectural firms acclaimed for their remarkable global portfolios -- appropriately round out a design team with the credentials to shape the future look of Las Vegas and set the benchmark for new growth in this city and beyond," said Robert Baldwin, President and CEO of Mirage Resorts, Inc., an operating division of MGM MIRAGE.

  Among Project CityCenter's key elements:

  *  Hotel/Casino:  Designed by Pelli Clarke Pelli Architects, the
     contemporary design of this striking landmark tower will become the
     focal point of the Las Vegas skyline;
  *  Condominium/Hotel:  Designed by Rafael Vinoly Architects, this 50-story
     ebony tower located between Bellagio and the Hotel/Casino will include
     1,543 residential units;
  *  Murphy/Jahn-Designed Residences:  Designed by Murphy/Jahn Architects,
     these two silhouette towers of glass together will include 810 modern,
     loft-like residences surrounded by the best retail, restaurants and
     entertainment on the Strip;
  *  Mandarin Oriental Hotel and Residences:  Designed by KPF Architects,
     this extraordinary building will mix the prestige of an internationally
     renowned resort brand and its unparalleled amenities with a
     world-class, five-star hotel and residential experience.  Renowned
     interior designer Adam Tihany, noted for extraordinary projects around
     the world, will be the principal designer of the Mandarin Oriental
     Hotel.  The Mandarin also will feature 215 luxury residential units;
  *  Lifestyle Hotel and Residences:  Designed by Foster and Partners, this
     lifestyle hotel conceived and operated by Andrew Sasson's Light Group
     will define hip, urban living on the Strip and deliver top-flight
     service and amenities for guests and residents;
  *  The Retail District:  Designed by Studio Daniel Libeskind, Project
     CityCenter's retail district will feature international luxury brands
     and high-end couture under a crystalline canopy of unprecedented
     brilliance.  For the interior architecture, David Rockwell and Rockwell
     Group will create an experiential environment within the retail
     district complementing the overall city scene.  This inviting
     neighborhood of unique retail shops, dining and entertainment venues
     will form the core of this urban metropolis.

"Individually, each of these projects is striking and refined," Baldwin said. "Together, they reflect an integrated design approach that promotes discovery, enhances operational efficiencies and customizes the look and feel of this new urban Las Vegas experience."

Project CityCenter's residential Presentation Center will open in January 2007.

Charting a new course for responsible growth in Las Vegas, MGM MIRAGE is pursuing the U.S. Green Building Council's Leadership In Energy and Environmental Design (LEED) certification at Project CityCenter. The 18-million-square foot, multi-use project will incorporate a variety of elements -- from the use of reclaimed water to on-site power generation -- to make it one of the world's largest environmentally sustainable urban communities.

"Designing Project CityCenter with sustainable elements and practices reinforces its permanence and creates a healthier environment for our future tenants and guests, as well as for the 12,000 people who will ultimately work at Project CityCenter," Baldwin said.

About MGM MIRAGE:

MGM MIRAGE (NYSE:MGM) , one of the world's leading and most respected hotel and gaming companies, owns and operates 23 properties located in Nevada, Mississippi and Michigan, and has investments in three other properties in Nevada, New Jersey and Illinois. MGM MIRAGE has also announced plans to develop Project CityCenter, a multi-billion dollar mixed-use urban development project in the heart of Las Vegas, and has a 50 percent interest in MGM Grand Macau, a hotel-casino resort currently under construction in Macau S.A.R. MGM MIRAGE supports responsible gaming and has implemented the American Gaming Association's Code of Conduct for Responsible Gaming at its properties. MGM MIRAGE also has been the recipient of numerous awards and recognitions for its industry-leading Diversity Initiative and its community philanthropy programs. For more information about MGM MIRAGE, please visit the company's website at www.mgmmirage.com .

Source: MGM MIRAGE

CONTACT: Lauren Lamkin, ,
, for MGM MIRAGE

Web site: http://www.mgmmirage.com/