Las Vegas Sands Completes Initial Funding Under Credit Facility for Marina Bay Sands...

Las Vegas Sands Completes Initial Funding Under Credit Facility for Marina Bay
Sands in Singapore

LAS VEGAS, Jan. 15 /PRNewswire-FirstCall/ -- Las Vegas Sands Corp.
(NYSE: LVS) announced today that the company has completed the initial funding
of SGD $2.0 billion under its credit facility for the development of the
Marina Bay Sands in Singapore. The initial borrowing under the credit
facility, for which the interest rate is based on the Singapore Dollar Swap
Offer Rate for a maturity of thirty days, bears interest at
approximately 3.6%.
Las Vegas Sands Corp. Chairman and Chief Executive Officer Sheldon G.
Adelson stated, "We are pleased to have completed the first drawdown of this
precedent-setting financing for our Marina Bay Sands development. The credit
facility, which is the largest private Singapore Dollar-denominated financing
ever completed, will provide flexible and cost effective financing as we build
South Asia's first Integrated Resort. We are quite gratified that the
Singapore interest rate is significantly below the rates which we would have
to incur in the U.S. or other international markets in today's market."
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.
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 Venetian Macao Resort-Hotel and the
Sands Macao in the People's Republic of China (PRC) Special Administrative
Region of Macao. The company is currently constructing two additional
integrated resorts: Sands Bethworks(TM) in Bethlehem, Pennsylvania and The
Marina Bay Sands(TM) in Singapore.
LVS is also creating the Cotai Strip(TM), a master-planned development of
resort-casino properties in Macao. Additionally, the company is working with
the Zhuhai Municipal People's Government of the PRC to master-plan the
development of a leisure resort and convention complex on Hengqin Island in
the PRC.
Contacts:

Investment Community: Scott Henry (702) 733-5502
Media: Ron Reese (702) 414-3607

SOURCE Las Vegas Sands Corp.

Investment Community, Scott Henry, +1-702-733-5502, or Media, Ron Reese,
+1-702-414-3607, both of Las Vegas Sands Corp.