MPEL Announces Date of 2008 Third Quarter Earnings Release and Conference Call With Investors


NEW YORK, Nov. 7, 2008 (GLOBE NEWSWIRE) -- Melco Crown Entertainment Limited (Nasdaq:MPEL) announces that the Company will file its third quarter results for 2008 on Form 6-K with the U.S. Securities and Exchange Commission on Thursday, November 13, 2008 to be followed by a conference call on the same day at 8:30 a.m. Eastern Standard Time (or 9:30 p.m. Hong Kong Time) to discuss the Company's quarterly financial results for the three months ended September 30, 2008.

To join the conference call, please use the dial-in details below:


 U.S. Toll Free Number:                           1.800.573.4752
 U.S. Toll Number (for international callers):    1.617.224.4324
 Hong Kong Direct Number:                         852.3002.1672
 Australia Toll Free Number:                      1.800.002.971
 UK Toll Free Number:                             00.800.280.02002
 Passcode: MPEL

An audio webcast will also be available at http://www.melco-crown.com.

A replay of the call will be available on the same day at 10:30 a.m. Eastern Standard Time (or 11:30 p.m. Hong Kong Time) until November 20, 2008. To listen to the replay, please use the dial-in details below:


 U.S. Toll Free Number:                          1.888.286.8010
 U.S. Toll Number (for international callers):   1.617.801.6888
 Passcode: 82042926

About Melco Crown Entertainment Limited

MPEL, a NASDAQ listed company, is a developer, owner and through its sub-concession holding company an operator of casino gaming and entertainment casino resort facilities in Macau. Its first property, Crown Macau (www.crown-macau.com), opened in 2007. Other development projects include City of Dreams, an integrated urban casino resort located in Cotai, Macau. MPEL's business also includes the Mocha Clubs (www.mochaclubs.com), which feature a total of approximately 1,100 gaming machines and comprise the largest non-casino based operations of electronic gaming machines in Macau. MPEL has entered into an agreement, subject to certain conditions, to acquire a third development site on the Macau Peninsula. For more information about MPEL, please visit www.melco-crown.com.

MPEL 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 co-Chairman and the CEO of MPEL. Crown is a top-50 company listed on the Australian Stock Exchange and led by Executive Chairman James Packer, who is also co-Chairman and a Director of MPEL.



            

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