Recent Fundraising Success Raises $5 Billion of New Capital for Las Vegas Sands; Completing the Largest IPO in Gaming Industry History, Sands China Lt

Las Vegas Sands Corp. (NYSE: LVS) said today that as a result of its recent fundraising activities it has raised approximately $5 billion of combined debt and equity financing. Early Monday morning in Hong Kong, one of its subsidiaries, Sands China Ltd., was listed on the Stock Exchange of Hong Kong after completing an initial public offering (IPO) that raised a total of $3.1 billion -- which was comprised of the $2.5 billion listing and $600 million that was raised in a pre-IPO exchangeable bond financing transaction completed in September.

Last Friday, the company announced it has received commitments for $1.75 billion of project financing which, together with $500 million of IPO proceeds, will be used to restart and complete construction on the combined Shangri-La, Traders, and Sheraton resort complex located across from the company's Venetian Macao property on the Cotai Strip.

"With this public offering, in combination with our project financing efforts, we have already embarked on the initial stages of restarting the construction of our developments on the Cotai Strip and continuing the progress we have made in helping diversify Macau's economy and further establishing it as an international leisure and business destination," said Mr. Sheldon G. Adelson, chairman and chief executive officer of Las Vegas Sands. "On behalf of the Sands China Board of Directors, I would like to thank the Macau government for their support, as well as acknowledge with much appreciation our team of professionals, whose hard-work and dedication was limitless throughout this entire process."

The Hong Kong listing represents a sale of approximately 30 percent of Sands China Ltd's. Macau operations. It is the second largest Hong Kong-listed IPO year-to-date and the largest Hong Kong-listed spin-off since 2002.

Mr. Adelson said the completion of the offering, which could still bring an additional $250 million in proceeds should the 10 percent over-allotment of shares be exercised by the underwriters, will deliver positive benefits on many fronts, including its impact on Las Vegas Sands which will use a portion of the proceeds to further solidify its balance sheet and remove debt covenant concerns related to the company. With its portion of the IPO proceeds, in combination with its existing balance, LVS has approximately $5 billion of unrestricted cash currently on its balance sheet.

Mr. Adelson said he was also particularly pleased that the successful IPO means construction on the Cotai Strip -- his vision to replicate the Las Vegas Strip by building a critical mass of hotel rooms, restaurants, retail, entertainment, and convention and exhibition facilities in Macau -- can resume.

"Our ability to add more properties to the Cotai Strip will enhance visitation from all parts of the Asia-Pacific region and significantly increase the overall length-of-stay in Macau. The increased number of hotel rooms, from prominent hotel brands Shangri-La, Traders, Sheraton and St. Regis, will provide a greater variety of product and price options for consumers and give us additional capacity to further grow our meeting and convention business, among others. This is an important next step in Macau's ability to assert itself as an international tourist destination," said Mr. Adelson.

The construction of the 13.3 million square foot complex is approximately 65 percent completed and when work resumes, the development will be finished in phases. Phase one, which is expected to open in June 2011, will feature 3,700 hotel rooms and suites from the Shangri-La, Traders and Sheraton hotel brands, as well as a theater and additional retail, gaming and meeting/convention facilities. Phase two includes a 2,300-room Sheraton hotel tower, as well as other non-gaming amenities, and is expected to open in December 2011. Timing for completion of the St. Regis hotel and serviced-apartments will be announced at a later date.

Statements in this press release, which are not historical facts, are "forward-looking" statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve a number of risks, uncertainties or other factors beyond the Company's control, which may cause material differences in actual results, performance or other expectations. These factors include, but are not limited to general economic conditions, competition, new ventures, government regulation, legalization of gaming, interest rates, future terrorist acts, insurance, and other factors detailed in the reports filed by Las Vegas Sands Corp. with the Securities and Exchange Commission. Las Vegas Sands Corp. assumes no obligation to update such information.

About Las Vegas Sands Corp.

Las Vegas Sands Corp. (NYSE: LVS) is the leading international developer of multi-use integrated resorts.

The Las Vegas, Nevada-based company owns and operates The Venetian Resort-Hotel-Casino, The Palazzo Resort-Hotel-Casino, and the Sands Expo and Convention Center in Las Vegas and the Sands Casino Resort Bethlehem(TM) in Eastern Pennsylvania. The company also owns and operates The Venetian Macao Resort-Hotel and the Sands Macao in the People's Republic of China (PRC) Special Administrative Region of Macau. In addition, LVS owns the Four Seasons Hotel Macao and is also developing the Marina Bay Sands(TM) integrated resort in Singapore.

LVS is also creating the Cotai Strip®, a master-planned development of resort-casino properties in Macau. At completion, the Cotai Strip will feature approximately 21,000 rooms from world-renowned hotel brands such as St. Regis, Sheraton, Shangri-La, Traders, Hilton, Conrad, Fairmont, Raffles, Holiday Inn, and InterContinental.

For more information, please visit www.lasvegassands.com.