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MGM MIRAGE Announces New Executive Appointments

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MGM MIRAGE Announces New Executive Appointments NEWS RELEASE MGM MIRAGE Announces New Executive Appointments 10/22/2002 PRNewswire-FirstCall LAS VEGAS In moves intended to strengthen the development team at MGM MIRAGE (NYSE: MGG), several new executive appointments were announced today and will become effective December 1. Scott Snow will become Executive Vice President of MGM MIRAGE Development. He currently serves as President and Chief Operating Officer of MGM Grand Detroit Casino. In his new role, Mr. Snow's responsibilities will include overseeing development and construction of a permanent casino-hotel facility in Detroit in addition to seeking new opportunities for the Company in the U.S. and abroad. He will be based in Las Vegas and will report to Ken Rosevear, President of MGM MIRAGE Development. Mr. Snow joined the Company in 1997 as Vice President of Finance and Treasurer for New York-New York Hotel and Casino. He joined the gaming industry in 1989 with Aztar Corporation and was previously a Senior Auditor with Coopers & Lybrand. Mr. Snow holds a Bachelor of Science degree from Southern Utah University and is a Certified Public Accountant. "We have made the implementation of our strategic growth plan a top priority for our company," said John Redmond, President and Chief Executive Officer of MGM Grand Resorts. "We are fortunate to have a management team rich in talent and ability." George Boyer has been named the new President and Chief Operating Officer for MGM Grand Detroit. Mr. Boyer currently serves as President and Chief Operating Officer of the Primm Valley Resorts, a position to which he was named in 2000. Mr. Boyer joined the MGM Grand Las Vegas in 1995 and was promoted to Senior Vice President of National Marketing in 1998. In 1999 he was promoted to Senior Vice President of Slot Operations and the Race and Sports Book. His 1 experience in the gaming industry began at Caesars World in Atlantic City in 1986. Prior to joining the industry, Mr. Boyer held audit positions with the Philadelphia Stock Exchange and the United States General Accounting Office. He holds a Masters in Business Administration and Bachelor of Science degrees from Wagner College of New York and is a Certified Public Accountant. Renee West has been named President and Chief Operating Officer for Primm Valley Resorts. Ms. West currently serves as Vice President of Human Resources for Primm Valley Resorts, a position she has held since 2000. Prior to joining the Company, Ms. West held senior training and employee development roles at both Caesars Palace and Station Casinos. She also served as Vice President of Product and Service Delivery for Rapport Leadership International and provided strategic planning and organizational development services for MGM Grand Inc., Stations Casinos, Caesars Tahoe, Southwest Gaming, Phelps Dodge Mining, Andronico's Foods, Beazer Homes, Christopher Homes, Summerlin Hospital, among others. "We are confident that these outstanding professionals will successfully carry on the exceptional legacy of quality management and performance that our customers, employees, business partners and shareholders expect from our operations," Mr. Redmond added. MGM MIRAGE is an entertainment, hotel and gaming company headquartered in Las Vegas, Nevada, which owns and/or operates through subsidiaries 15 casino properties. Its U.S. holdings include: Bellagio, the MGM Grand Hotel and Casino - The City of Entertainment, The Mirage, Treasure Island, New York - New York Hotel and Casino, the Boardwalk Hotel and Casino and 50% of Monte Carlo, all located on the Las Vegas Strip; the Golden Nugget in Downtown Las Vegas; Whiskey Pete's, Buffalo Bill's, the Primm Valley Resort and two championship golf courses at the California/Nevada state line; the exclusive Shadow Creek golf course in North Las Vegas; the Golden Nugget in Laughlin, Nevada; the Beau Rivage resort on the Mississippi Gulf Coast; and the MGM Grand Detroit Casino in Detroit, Michigan. The Company is a joint venture partner in Borgata at Renaissance Pointe, a resort under development in Atlantic City, New Jersey. Internationally, MGM MIRAGE owns and operates the MGM Grand Hotel and Casino in Darwin, Australia. For more information on MGM MIRAGE and its operating subsidiaries, visit our website at www.mgmmirage.com . Statements in this release which are not historical facts are "forward looking" statements and "safe harbor statements" under the Private Securities Litigation Reform Act of 1995 that involve risks and/or uncertainties, including risks and/or uncertainties as described in the company's public filings with the Securities and Exchange Commission. Make Your Opinion Count - Click Here 2 http://tbutton.prnewswire.com/prn/11690X88223081 SOURCE: MGM MIRAGE CONTACT: Investment Community, James J. Murren, President, Chief Financial Officer and Treasurer, +1-702-693-8877, or Media, Alan Feldman, Senior Vice President, Public Affairs, +1-702-891-7147, both of MGM MIRAGE Web site: http://www.mgmmirage.com/ 3.
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