MGM MIRAGE Announces Second Quarter Earnings Release Date

July 8, 2003
PRNewswire-FirstCall
LAS VEGAS

MGM MIRAGE (NYSE: MGG) announced today that it will release the Company's second quarter financial results prior to the market open on Thursday, July 17, 2003, followed by a conference call at 11:00 a.m. Eastern Daylight time.

The conference call will include a brief discussion of the quarter followed by questions and answers. The call will be accessible via the Internet through www.mgmmirage.com and www.companyboardroom.com or by calling 1-888-276-0009 for Domestic callers and 1-612-288-0318 for International callers.

If you are unable to participate during the live webcast, the call will be archived at www.mgmmirage.com and at www.companyboardroom.com until Thursday, July 31, 2003. For those participants unable to access the Internet, a replay of the call will be accessible by dialing 1-800-475-6701 for Domestic callers or 1-320-365-3844 for International callers. The replay access code is 690579.

MGM MIRAGE (NYSE: MGG), one of the world's leading and most respected hotel and gaming companies, owns and operates 14 casino resorts located in Nevada, Mississippi, Michigan and Australia, and has investments in two other casino resorts in Nevada and New Jersey. The company is headquartered in Las Vegas, Nevada, and offers an unmatched collection of casino resorts with a limitless range of choices for guests. Guest satisfaction is paramount, and the company has approximately 43,000 employees committed to that result. Its portfolio of brands include AAA Five Diamond award-winner Bellagio, MGM Grand Las Vegas - The City of Entertainment, The Mirage, Treasure Island, New York - New York, Boardwalk Hotel and Casino and 50 percent of Monte Carlo, all located on the Las Vegas Strip; Whiskey Pete's, Buffalo Bill's, Primm Valley Resort and two championship golf courses at the California/Nevada state line; the exclusive Shadow Creek golf course in North Las Vegas; Beau Rivage on the Mississippi Gulf Coast; and MGM Grand Detroit Casino in Detroit, Michigan. The Company has entered an agreement to sell Golden Nugget Las Vegas and Golden Nugget Laughlin pending finalization. The Company is also a 50-percent owner of Borgata, a destination casino resort on Renaissance Pointe in Atlantic City, New Jersey. Internationally, MGM MIRAGE owns and operates MGM Grand Australia in Darwin, Australia, and holds a 25 percent interest in casino developer Metro Casinos Limited of Great Britain. For more information about MGM MIRAGE, please visit the company's website 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

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.companyboardroom.com/

Web site: http://www.mgmmirage.com/