Macau, Monday November 21, 2016 – As the holiday season rolls around, Studio City is ready to roll out its red carpet to all Macau visitors. The winter celebration will kick off with a dazzling array of exclusive offers for guests to indulge at the Hollywood-inspired, cinematically-themed resort. Highlights of the celebration include a million-dollar shopping rewards program, sumptuous festive feasting menus, street entertainment at Times Square Macau and a countdown party at Pacha Macau. Bringing visitors the very best of this winter season, qualified shoppers will be invited to enter the weekly lucky draw for shopping vouchers worth MOP 100,000 and the ultimate draw for the million-dollar shopping vouchers. This winter, Studio City has everything wrapped up to make your dreams come true.

Starting from November 21, 2016, Studio City will be launching its shopping rewards program to give away shopping vouchers worth MOP 100,000 for 7 consecutive weeks. Shoppers spending over a designated amount at The Boulevard at Studio City can fully enjoy shopping rewards including shopping vouchers, beauty products and complimentary hotel stay; shoppers spending MOP 50,000 within a day will be eligible to join the weekly draw and the ultimate lucky draw.

The holiday season spirit will be in full-swing at Studio City as the festive events and happenings have already begun to heat up. Guests can indulge in their favorite holiday treats from the traditional festive marketplace at Times Square Macau and pamper their taste buds with the festive gourmet at Studio City’s award-winning restaurants. They can also enjoy a variety of world-class entertainment such as the thrilling Batman Dark Flight, the world's first figure-8 and Asia’s highest Ferris wheel – Golden Reel, and the amazing magic shows featuring a special winter line-up of magicians. Seasonal street entertainment with family-friendly performances is also one of the festive highlights that guests do not want to miss. With a host of festive celebrations and offerings available throughout the property, Studio City is certainly a holiday treat for all.

Come celebrate with Studio City all season long

• Street Entertainment – Enjoy colorful street entertainment and immerse in the vibrant festive atmosphere at Times Square Macau! Aside from the three regular daily festive parades featuring Tom and Jerry, we’ve even invited the talented artist Rob Lok from New York to bring you his unique blend of comedy and circus acts Allez-OOPS! - A LOUD Silent Comedy - and It Takes Two. 

When: Every Saturday, Sunday and Public Holidays from November 21, 2016 to January 4, 2017.

• Winter Market Place – Visit the traditional festive marketplace for delicious food and souvenirs at Times Square Macau.

When: From December 1, 2016 to January 4, 2017, 12 noon to 9pm.

Winter Magic – Let the outstanding new line-up of world-class illusionists add a magical touch to your holidays! Purchase a standard adult ticket ($450) one day in advance to receive a $100 Dining Voucher*!

*Varies according to the actual line-up of the day

• Pacha Macau Countdown Party – Come and join the famous DJs at the renowned Pacha Macau to welcome the New Year with champagne! More details on official website www.pachamacau.com.

• Festive Taste Sensations – Feel the festive joy at our delicious buffet or shop for sweet Christmas treats and succulent roasts for your party at home.

Spotlight – Buy 3 Get 1 Free (Prepay by December 15, 2016)

Trattoria Il Mulino

Reservations & Orders: (853) 8865 6662
* Prices are in MOP and are subject to a 10% service charge
*Terms and conditions apply for all promotions, redemptions and giveaways

For more information, please visit Studio City official website at http://www.studiocity-macau.com.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), 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 the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the gaming market and visitation in Macau and the Philippines, (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) gaming authority and other governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. 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. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company undertakes no duty to update such information, except as required under applicable law.

About Melco Crown Entertainment Limited
Melco Crown Entertainment, with its American depositary shares listed on the NASDAQ Global Select Market (NASDAQ:MPEL), is a developer, owner and operator of casino gaming and entertainment casino resort facilities in Asia. Melco Crown Entertainment currently operates Altira Macau (www.altiramacau.com), 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 comprise the largest non-casino based operations of electronic gaming machines in Macau. The Company also majority owns and operates Studio City (www.studiocity-macau.com), a cinematically-themed integrated entertainment, retail and gaming resort in Cotai, Macau. In the Philippines, Melco Crown (Philippines) Resorts Corporation’s subsidiary, MCE Leisure (Philippines) Corporation, currently operates and manages City of Dreams Manila (www.cityofdreams.com.ph), a casino, hotel, retail and entertainment integrated resort in the Entertainment City complex in Manila. For more information about Melco Crown Entertainment, please visit www.melco-crown.com.

Melco Crown Entertainment is strongly supported by its single largest shareholder, Melco International Development Limited (“Melco”) and its other major shareholder, Crown Resorts Limited (“Crown”). Melco is a listed company on the Main Board of The Stock Exchange of Hong Kong Limited and is substantially owned and led by Mr. Lawrence Ho, who is the Chairman, Executive Director and Chief Executive Officer of Melco Crown Entertainment. Crown is a top-100 company listed on the Australian Securities Exchange and led by Mr. James Packer, who is the Deputy Chairman and a Non-executive Director of Melco Crown Entertainment.

Studio City – This is Entertainment.

For further information on Studio City, please visit: www.studiocity-macau.com, follow us on Sina Weibo at www.weibo.com/studiocity and like us on Facebook at http://www.facebook.com/studiocitymacau.  For our latest press releases, visuals and multimedia, please visit: http://www.studiocitymacaumedia.com

For media enquiries, please contact:

Louisa Wong
Tel：+853  8868 7554
Email：louisawong@melco-crown.com

Nini Liu
Tel：+853 8868 7316
Email：niniliu@melco-crown.com