FOR IMMEDIATE RELEASE
Melco Crown Entertainment Announces Departure of CFO
New York, August 13, 2010 — Melco Crown Entertainment Limited (NASDAQ: MPEL), a developer and
owner of casino gaming and entertainment resort facilities focused on the Macau market, announced today that
following a discussion with Simon Dewhurst, he tendered his resignation from his position as EVP and Chief
Financial Officer. We thank Simon for his past support and contributions to Melco Crown Entertainment.
As Melco Crown Entertainment transitions from a development company to one focused primarily on maximizing
its operational profitability, and as a logical next step in the management reorganization announced last month, the
Company’s intention is to identify a CFO who, in addition to having solid financial and operational experience,
also possesses skills that are aligned with the current needs of the Company.
To ensure a seamless transition, Leanne Palmer, currently Vice President, Financial Compliance for Melco
Crown Entertainment, has assumed the role of acting CFO in the interim period, while the Company conducts a
global search for a suitable candidate with exceptional caliber to fill the CFO position. Ms. Palmer is a Chartered
Accountant with over 16 years of experience and is a specialist on Sarbanes Oxley compliance, corporate
governance and internal control.
Additionally, Geoffrey Davis, CFA, has been promoted to Deputy CFO and Treasurer on a permanent basis and
will be based in Macau. Prior to joining Melco Crown Entertainment as Senior Vice President, Corporate
Finance in 2007, he was the lead
equity research analyst at Citi Investment Research covering the gaming industry. He had previously been Vice
President, Corporate Finance for Park Place Entertainment in Las Vegas.
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.