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Melco Crown Entertainment's Annual Report Available On Company Website

Melco Crown Entertainment Limited
2009-03-31 22:21 707

NEW YORK, March 31 /PRNewswire-Asia/ -- Melco Crown Entertainment Limited (Nasdaq: MPEL) announced that it has filed its Annual Report on Form 20-F for 2008 ("Annual Report") with the Securities and Exchange Commission today.

A downloadable version of the Annual Report is available on the Company's website at http://www.melco-crown.com . Shareholders may receive a hard copy of the Annual Report free of charge upon request. Requests for the Annual Report can be made through the Investor Relations section of the Company's website.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. Melco Crown Entertainment Limited ("The Company") may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: growth of the gaming market and visitation in Macau; finalization of credit facilities to finance construction of projects; the completion of the construction of our hotel casino resort projects; our acquisition and development of the Macau Peninsula site; increased competition and other planned casino hotel and resort projects in Macau and elsewhere in Asia; the completion of infrastructure projects in Macau; government regulation of the casino industry; our ability to raise additional financing; obtaining approval from the Macau government for an increase in the developable gross floor area of the City of Dreams site; the formal grant of an occupancy permit for City of Dreams; our anticipated growth strategies; and our future business development, results of operations and financial condition. Further information regarding these and other risks is included in our Annual Report on Form 20-F filed on March 31, 2009 and other documents filed with the Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release is as of the date of this release, and the Company undertakes no duty to update such information, except as required under applicable law.

About Melco Crown Entertainment Limited

Melco Crown Entertainment Limited is a developer, owner and through a Macau subsidiary which holds a gaming sub-concession, an operator of casino gaming and entertainment casino resort facilities. The Company's first property, Crown Macau ( http://www.crown-macau.com ), opened on May 12, 2007. Other development projects include City of Dreams, an integrated casino resort located in Cotai. The Company's business also includes the Mocha Clubs ( http://www.mochaclubs.com ), which feature a total of approximately 1,300 gaming machines in eight locations and comprise the largest non-casino based operations of electronic gaming machines in Macau. The Company has entered into an agreement, subject to certain conditions, to acquire a third development site on the Macau Peninsula. For more information about the Company, please visit http://www.melco-crown.com .

The Company has strong support from both of its major shareholders, Melco International Development Limited ("Melco") and Crown Limited ("Crown"). Melco is a listed company on the Hong Kong Stock Exchange and is substantially owned and led by Mr. Lawrence Ho, who is also a Co-Chairman and the CEO of the Company. Crown is a top-100 company listed on the Australian Stock Exchange and led by Executive Chairman James Packer, who is also a Co-Chairman and a Director of the Company.

For more information, please contact:

Melco Crown Entertainment Limited

Geoffrey Davis, CFA

Senior Vice President - Corporate Finance

Tel: +1-212-671-1936

Email: geoffreydavis@melco-crown.com

Source: Melco Crown Entertainment Limited
Keywords: Entertainment
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