Melco Crown Entertainment Announces Earnings Release Date

Melco Crown Entertainment Announces Earnings Release Date

MACAU, Oct. 24, 2013 (GLOBE NEWSWIRE) -- Melco Crown Entertainment Limited
(SEHK:6883) (Nasdaq:MPEL) ("Melco Crown Entertainment" or the "Company"), a
developer and owner of casino gaming and entertainment resort facilities in
Asia, today announces that it will file its third quarter results for 2013 on
Form 6-K with the U.S. Securities and Exchange Commission ("SEC") on November
5, 2013, to be followed by a conference call on the same day at 8:30 a.m.
Eastern Time (or 9:30 p.m. Hong Kong Time).

To join the conference call, please use the dial-in details below:

US Toll Free            1 866 519 4004
US Toll / International 1 845 675 0437
HK Toll                 852 2475 0994
HK Toll Free            800 930 346
UK Toll Free            080 823 46646
Australia Toll Free     1 800 457 076
Philippines Toll Free   1 800 165 10607
                       
Passcode                MPEL

An audio webcast will also be available at http://www.melco-crown.com.

To access the replay, please use the dial-in details below:

US Toll Free            1 855 452 5696
US Toll / International 1 646 254 3697
HK Toll Free            800 963 117
Philippines Toll Free   1 800 161 20166
                       
Conference ID           89940998

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. 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, and (v) 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 announcement is as of the date of this
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 shares listed on the Main Board of The
Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") (SEHK:
6883) and its American depositary shares listed on the NASDAQ Global Select
Market (Nasdaq:MPEL), is a developer and owner 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 is also developing the planned Studio City Project, 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, has been
cooperating with SM Group's Belle Corporation to develop and operate City of
Dreams Manila, 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 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 Securities Exchange and led by Executive
Chairman Mr. James Packer, who is also Co-Chairman and a Non-executive
Director of Melco Crown Entertainment.

Investment Community, please contact
Ross Dunwoody
Vice President, Investor Relations
Tel: +853 8868 7575 / +852 2598 3689
Email: rossdunwoody@melco-crown.com

For media enquiry, please contact
Maggie Ma
Head of Corporate Communications
Tel: +853 8868 3767 / +852 3151 3767
Email: maggiema@melco-crown.com