Private Collection of Dream Machines to be Showcased at City of Dreams

Private collection McLaren F1 limited to only 64 street versions worldwide displayed at City of Dreams

Dream machines Enzo Ferrari to be showcased at City of Dreams allowing guests a close up and personal look

To celebrate the grand opening of City of Dreams, a private collection of ��Dream Machines�� will be showcased at City of Dreams, an integrated urban entertainment resort set to become the ��must experience�� destination in Macau, and is developed by Melco Crown Entertainment Limited (NASDAQ: MPEL) (��Melco Crown Entertainment��), an entertainment company listed on the NASDAQ Global Select Market. The limited edition McLaren F1 and Enzo Ferrari will be displayed at the property allowing guests a close-up and personal look at two of the world��s most spectacular production sports cars.

��The McLaren F1 and Enzo Ferrari are the ultimate dream cars for the most discerning individuals,�� said Mr. Lawrence Ho, Co-Chairman and CEO of Melco Crown Entertainment. ��They echo our aspiration to provide the ultimate leisure and entertainment experience for the new generation of discerning visitors from Asia and around the world. I would like to take this opportunity to thank the private collector for his generosity in sharing his rare collection and for the privilege of presenting these Dream Machines at City of Dreams.��

The McLaren F1 won the Le Mans 24 hour endurance race in 1995 and dominated various GT endurance events. With its all carbon composite body and 627 brake horsepower engine, the McLaren F1 can accelerate from standstill to 100 kph in just over 3 seconds. It held the record of being the world��s fastest production car for over seven years achieving a phenomenal top speed of 387 kph. Only 64 street versions of the McLaren F1 were ever manufactured and sold.

The Enzo Ferrari is named after Ferrari��s founder, Enzo Ferrari, and was built in celebration of Ferrari��s first Formula One World Championship of the new millennium. This dream machine was built using Formula 1 technology and production was limited to only 400. With a 660 brake horsepower engine, the Enzo Ferrari has reached a top speed of 362 kph. The first 399 cars were sold to an elite group of selected Ferrari customers and the final car was auctioned in 2004 to benefit survivors of the 2004 tsunami.

City of Dreams has been a passion of Mr. Lawrence Ho, with its initial opening featuring a 420,000-square-foot casino, a diverse array of accommodation consisting of the Crown Towers, which offers unrivaled levels of personalized service, lavish style and uncompromising sophistication, and the exciting music-inspired Hard Rock Hotel, with its unique combination of electrifying music themes and memorabilia. Over 20 restaurants and bars, an impressive array of some of the world��s most sought-after retail brands within The Boulevard, a unique lifestyle precinct operated by leading travel retailer DFS, and the iconic and spectacular audio visual multimedia extravaganza, Dragon��s Treasure, featured in a dome-shaped theater known as The Bubble, completes the line-up.

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.? The parent company of City of Dreams, Melco Crown Entertainment Limited (��Melco Crown Entertainment��) 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 beliefs and expectations of Melco Crown Entertainment, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors affecting Melco Crown Entertainment 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 hotel casino resort projects; the 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; the 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; anticipated growth strategies; and future business development, results of operations and financial condition.? Further information regarding these and other risks is included in Melco Crown Entertainment��s Annual Report on Form 20-F filed on March 31, 2009 and other documents filed with the Securities and Exchange Commission. Melco Crown Entertainment 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 Melco Crown Entertainment undertakes no duty to update such information, except as required under applicable law.  

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