Bae Myung Ho Retains Welterweight Title At City Of Dreams

FOR IMMEDIATE RELEASE

BAE MYUNG HO RETAINS LEGEND WELTERWEIGHT TITLE AT CITY OF DREAMS

China’s Jumabieke Tuerxun claims title, defeats bantamweight champ Yao Honggang for second time

HONG KONG & MACAU – Saturday, February 11, 2012: A full house at City of Dreams, Macau, tonight saw defending welterweight champion Bae Myung Ho of Korea defeat top contender, China’s Li Jingliang, by unanimous judges’ decision after three rounds in the main event of Legend 7.

In the bantamweight championship co-main event, which was also a rematch, Jumabieke Tuerxun (China) defeated Yao Honggang (China) by a closely contested split judges’ decision after three rounds of non-stop action.

In another memorable main card match, Legend middleweight newcomer Hideto Tatsumi’s (Japan) powerful striking and Judo proficiency were no match for Korean Yang Hae Jun’s counter-striking and wrestling, with Yang landing a knockout in 3:35 of the first round. The powerful strike earned Yang the Legend award for “Knockout of the Night.”

The main card fight between Bae and Li also earned “Fight of the Night” honors. Koji Ando of Japan earned the “Submission of the Night” award.

In the undercard’s Century Cup bout, Ji Xian of China escaped several near submissions to defeat Leonard Delarmino of the Philippines with a rear naked choke just before the first round came to a close.

“Tonight we saw the best MMA fighters in Asia-Pacific competing at the top of their game,” said Legend co-founder Mr. Chris Pollak. “Legend 7 was a great first event for 2012, and we have much more in store for the rest of the year.”

Legend 8 will be held March 30 in Jakarta.

LEGEND 7 RESULTS

MAIN CARD

Welterweight Championship

Bae Myung Ho (Korea) defeated Li Jingliang (China) by judges’ decision (unanimous) after three rounds

Bantamweight Championship

Jumabieke Tuerxun (China) defeated Yao Honggang (China) by judges’ decision (split) after three rounds

Other Main Card Bouts

Liu Wenbo (China) defeated Matt Cain (Australia) by submission at 4:37 in round 1

Yang Hae Jun (Korea) defeated Hideto Tatsumi (Japan) by knockout at 3:35 in round 1

Wang Sai (China) defeated Gareth Ealey (Australia) by doctor stoppage at 5:00 in round 2

UNDERCARD

Century Cup

Ji Xian (China) defeated Leonard Delarmino (Philippines) by submission at 4:52 in round 1

Other Undercard Bouts

Michael Mortimer (Australia) defeated Taiyo Nakahara (Japan) by disqualification (illegal strikes) at 4:24 in round 1

Koji Ando (Japan) defeated Damien Brown (Australia) by submission 2:27 in round 1

Mark Striegl (Philippines) defeated Ev Ting (New Zealand) by submission at 3:51 in round 1

Agustin Delarmino, Jr. (Philippines) defeated Sung Ming-Yen (Chinese Taipei) by technical knockout judges’ decision 0:44 in round 1

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; 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; the formal grant of occupancy permits for areas of City of Dreams undergoing construction and/or development; 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 April 1, 2011 and other documents filed with the U.S. 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.

About Melco Crown Entertainment Limited

Melco Crown Entertainment Limited (“Melco Crown Entertainment”), an entertainment company listed on the Main Board of The Stock Exchange of Hong Kong Limited (SEHK: 6883) and the NASDAQ Global Select Market (NASDAQ: MPEL), 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 focused on the Macau market. Melco Crown Entertainment currently operates Altira Macau (www.altiramacau.com) (formerly Crown Macau), a casino hotel located at Taipa, Macau and City of Dreams (www.cityofdreamsmacau.com), an integrated urban casino resort located in Cotai, Macau. Melco Crown Entertainment’s business also includes the Mocha Clubs (www.mochaclubs.com), which feature a total of approximately 1,800 gaming machines in nine locations and comprise the largest non-casino based operations of electronic gaming machines in Macau. For more information about Melco Crown Entertainment, please visit www.melco-crown.com.

Melco Crown Entertainment 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, an Executive Director and the CEO of Melco Crown Entertainment. Crown is a top-50 company listed on the Australian Stock Exchange and led by Executive Chairman Mr. James Packer, who is also Co-Chairman and a Non-executive Director of Melco Crown Entertainment.

About City of Dreams

City of Dreams is operated by a Macau subsidiary of Melco Crown Entertainment Limited, an entertainment company listed on the Main Board of The Stock Exchange of Hong Kong Limited (SEHK: 6883) and the NASDAQ Global Select Market (NASDAQ: MPEL). It is an integrated entertainment resort that has established itself as a premier leisure and entertainment destination in Macau. Located in the heart of Cotai in Macau, it combines electrifying entertainment, a diverse array of accommodation, regional and international dining, designer brand shopping and a spacious and contemporary casino. The resort brings together a collection of world-renowned brands including Crown, Grand Hyatt, Hard Rock and Dragone to create an exceptional entertainment experience that aims to appeal to a broad spectrum of visitors from around Asia and the world. City of Dreams features a 420,000-square-foot casino with approximately 400 gaming tables and approximately 1,300 gaming machines; over 20 restaurants and bars; an impressive array of some of the world’s most sought-after retail brands; and Dragon’s Treasure, an iconic and spectacular audio visual multimedia experience. ‘The House of Dancing Water’, the world’s largest water-based extravaganza showcased in the purpose-built Dancing Water Theater, represents the live entertainment centerpiece of City of Dreams’ overall leisure and entertainment offering.  A comprehensive range of accommodation options at City of Dreams include Crown Towers offering approximately 300 guest rooms, Hard Rock Hotel offering approximately 300 guest rooms and Grand Hyatt Macau offering approximately 800 guest rooms. A second planned phase of development at City of Dreams will feature an apartment hotel consisting of approximately 800 units. For more information please visit: www.cityofdreamsmacau.com (Official Website) and www.cityofdreamsmedia.com (Medial Portal). For The House of Dancing Water information, please visit www.thehouseofdancingwater.com (Official Website) and www.thehouseofdancingwatermedia.com (Media Portal).

About Legend Fighting Championship

Legend Fighting Championship (Legend) is the Asia-Pacific championship of mixed martial arts (MMA).  Legend invites champion mixed martial artists from throughout the region to compete in a freestyle tournament using interdisciplinary skills, including sanda, jiujitsu, muay thai, boxing and wrestling. All Legend fights are supervised matches under a strict set of rules designed to promote athlete safety and sportsmanship.  Legend is committed to promoting the sport of mixed martial arts in the Asia-Pacific, to supporting and cultivating its athletes, and to providing exceptional entertainment to a broad audience.

Based in Hong Kong, Legend is backed by CA Media, the Asia-Pacific investment vehicle of the Chernin Group, and Diamond Ridge Ventures.

For media enquiries, please contact Edelman:

Edelman Public Relations

Daniel Simon --- Tel: +852 2837 4747 --- Email: daniel.simon@edelman.com

Ivan Ng --- Tel: +852 2837 4713 --- Email: ivan.ng@edelman.com

City of Dreams

Annie Lao --- Tel: (853) 8868 7557 --- Email: annieonlao@melco-crown.com

Charles Ngai --- Tel: (853) 8868 7553 --- Email: charlesngai@melco-crown.com