Updated Statement from MGM MIRAGE Regarding Hurricane Katrina Impact on Beau Rivage Resort and Casino, Biloxi, MS

August 31, 2005

The following is a statement from Robert Baldwin, President & CEO of Mirage Resorts, updating Hurricane Katrina Impact on Employees and Guests of Beau Rivage:

"We have spent the last 24 hours trying to re-establish communication systems so that our employees and customers can reach us to get updated information.

"We have established a call center in Las Vegas and have re-routed the toll-free number for the Beau Rivage employee Hurricane Hotline, 866-368-7399. Employees are encouraged to check in with us to let us know that they are safe and how we can reach them.

"We are seeking to make the necessary arrangements to make this Friday's employees' paychecks available to them as soon as possible. We are trying to determine if local banks will be able to make funds available to those utilizing direct deposit. For those employees who normally received paper checks, we are working to establish a distribution process.

"Understanding that the region's communications systems are completely shut down, establishing a distribution process for payroll may take a few days. We will update employees through the media and on the Beau Rivage Website as information becomes available.

"We have also re-routed the hotel's main room reservation line, 888-567-6667, to this call center. Customers with existing reservations can contact this number to get information about cancellations and refunds.

"Our thoughts and prayers are with all those impacted by Hurricane Katrina."


CONTACT: Investment Community, James J. Murren, President, Chief
Financial Officer & Treasurer, +1-702-693-8877, or Media, Alan M. Feldman,
Senior Vice President, Public Affairs, +1-702-891-7147, both of MGM MIRAGE