Melco Crown Entertainment Limited (MPEL) today announced the launch of its "Quality of Life" programme that features two innovative human resource initiatives: FlexCompress, a concept that offers a compressed workweek arrangement allowing employees to have more days off for the same hours worked; and Strawberry Life, a concept that offers a regularly scheduled part time work option with benefits that will promote job creation in Macau. These initiatives, which herald the end to the traditional six-day workweek in Macau, reinforce Melco Crown Entertainment's commitment to introducing market leading and innovative work practices.

"The Quality of Life initiatives being announced today are evidence of our innovation and dynamism as a company," said Lawrence Ho, Co-Chairman and CEO of Melco Crown Entertainment. "We value our employees as our key asset for success. We take a long term view of employee relationships, and are committed to providing differentiated and valuable work arrangements which are meaningful to our employees. I believe the Quality of Life initiatives we are announcing today benefit not only our employees, but also the overall community of Macau. As one of the largest employers in Macau, we provide equal opportunities for all our employees so as to enable them to achieve their full aspirations." These initiatives, aimed at all operational employees, will be introduced first at City of Dreams, and then rolled out to Crown Macau and Mocha Clubs by mid 2010.

FlexCompress provides an opportunity for employees to work for the same number of hours but have more days off. This innovative program will allow full-time employees working between a 40 and 48 hour workweek to compress their time at work into either four or five days each week, depending on their positions and business needs. The compressed workweek puts an end to the traditional six day full time workweek in Macau.

Strawberry Life is Melco Crown Entertainment's new "part-time with benefits" offering for all operational positions, which is an innovative industry employment option in Macau. Designed to allow Macau people to enter or return to the work force on a part-time basis, Strawberry Life gives employees the opportunity to work regularly scheduled hours while receiving a benefits package. From health benefits to a vacation package, Strawberry Life will give our employees the opportunity to stay dedicated to their primary commitment while working part-time with benefits, to maintain life balance and harmony.

"With the opening of City of Dreams in early June, we are providing approximately 7,000 new job opportunities in Macau, of which the vast majority will be hired from the local community," continued Mr. Ho. "With deep roots in Macau, we are committed to having more than 50 percent of our core management positions held by local Macau people by the end of 2011. We want to thank everyone who attended the recent job fair for City of Dreams and we look forward to the immediate launch of our Quality of Life program." (E-04.03.09)

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