Vegas Sands agrees Singapore deal

7th Jan 2008

Las Vegas Sands Corp. has entered into a credit
agreement which provides financing of up to SGD $5,442,604,530 for the
development of the Marina Bay Sands in Singapore.Borrowings under the
credit agreement will bear interest at a spread of 2.25% above the
Singapore Dollar SWAP Offer Rate for a selected maturity of one, two, three
or six months. The current Singapore Dollar Swap Offer Rate for a maturity
of three months is approximately 2.16%.

  Las Vegas Sands Corp. President William Weidner stated, “We are pleased
to have completed this important financing for our Marina Bay Sands
development. The completion of this Singapore Dollar-denominated facility,
which is the largest private Singapore Dollar-denominated financing in
Singapore’s history, was accomplished on very favorable terms in a
challenging global credit environment.

  “The vote of confidence we have received from the international
financial community, including leading Singapore-based financial
institutions, is a testament both to our track record of successful
Integrated Resort development worldwide and to the significant economic
benefits the Marina Bay Sands, South Asia’s first Integrated Resort, will
deliver to the economy and people of Singapore,” continued Weidner. “Our
Marina Bay Sands development remains on track for a late 2009 opening, and
we look forward to continuing to work closely with the Singapore
authorities as we complete the final design components of this iconic
development in the coming months.”

  Goldman Sachs, DBS Bank Ltd., UOB Asia Limited, and Oversea-Chinese
Banking Corporation Limited acted as coordinators of the financing. The
coordinators as well as affiliates of Citigroup, Lehman Brothers, Merrill
Lynch, Sumitomo Mitsui Banking Corporation, Malayan Banking Berhad,
Standard Chartered Bank, The Royal Bank of Scotland, Calyon, and The Bank
of Nova Scotia acted as Mandated Lead Arrangers. DBS Bank Ltd. is acting as
Technical Bank, Agent and Security Trustee.


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