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MGM MIRAGE Is Named to Fortune Magazine’s ‘Most Admired Companies’ List

March 9, 2010

LAS VEGAS, March 9 /PRNewswire-FirstCall/ — MGM MIRAGE (NYSE: MGM) has been named among “America’s Most Admired Companies” by Fortune Magazine in its prestigious listing of the nation’s top corporations.

This is the ninth time that MGM MIRAGE has been named to the annual list based on a survey which evaluates the reputation of companies with large U.S. operations. MGM MIRAGE is one of only two gaming companies to be named to the list this year.

Fortune Magazine asked executives and analysts in their respective industries to rank 1,400 of the world’s largest companies according to social responsibility, product quality and global competitiveness. A total of 346 companies were named to the 2010 list.

“We are pleased to be recognized by our business peers as one of the leading companies in the hospitality industry,” said James J. Murren, Chairman and Chief Executive Officer of MGM MIRAGE. “Our ranking is testament to all of the hard work that our 62,000 employees do each day to ensure that we consistently deliver the highest quality products to each and every customer.”

MGM MIRAGE joins other prominent companies on the this year’s list such as Apple, Coca-Cola, Amazon.com, FedEx and others. The full list is available at http://money.cnn.com/magazines/fortune/mostadmired/2010/full_list/

MGM MIRAGE (NYSE: MGM), one of the world’s leading and most respected companies with significant holdings in gaming, hospitality and entertainment, owns and operates 15 properties located in Nevada, Mississippi and Michigan, and has 50% investments in five other properties in Nevada, New Jersey, Illinois and Macau. One of those investments – CityCenter – is also managed by MGM MIRAGE. CityCenter, an unprecedented urban metropolis on the Las Vegas Strip with Gold and Silver LEED(R) certifications, is a joint venture between MGM MIRAGE and Infinity World Development Corp, a subsidiary of Dubai World. CityCenter features ARIA Resort & Casino, Vdara Hotel & Spa, Mandarin Oriental, Las Vegas; Veer Towers, and Crystals retail and entertainment district. MGM MIRAGE Hospitality has entered into management agreements for casino and non-casino resorts throughout the world. MGM MIRAGE supports responsible gaming and has implemented the American Gaming Association’s Code of Conduct for Responsible Gaming at its properties. MGM MIRAGE has received numerous awards and recognitions for its industry-leading Diversity Initiative and its community philanthropy programs. For more information about MGM MIRAGE, please visit the Company’s Web site at http://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.

SOURCE MGM MIRAGE


Source: newswire