LAS VEGAS, June 12 /PRNewswire-FirstCall/—MGM MIRAGE (NYSE: MGG), an
entertainment, hotel and gaming company, announced the launch of its new
website, http://www.mgmmiragediversity.com , that provides access to businesses,
including minority-owned, women-owned and disadvantaged enterprises, for
inclusion in the company`s vendor database for purchasing opportunities.  The
website was developed as an integral component of MGM MIRAGE`s company-wide
commitment to diversity and is the first of its kind in the gaming industry.
The company`s purchasing departments nationwide for solicitation of bids
use the vendor database.  MGM MIRAGE`s goal is to have 7,500 companies in its
database by year-end.

“In today`s fast changing and increasingly diverse global society,
corporate diversification has become more than just the right thing to do,”
said Punam Mathur, vice president of corporate diversity for MGM MIRAGE.  “So
that no opportunities are lost, we are dedicated to identifying and building
ongoing relationships with businesses that can provide our company high
quality products, superior services and competitive prices.  Our new website
will help us to achieve this goal.”

According to MGM MIRAGE officials, the website will be instrumental in
facilitating its goal of expanding the company`s level of expenditures with
MBEs, WBEs and DBEs, because it will allow small to medium sized companies to
compete for business.

“Many minority businesses are small or medium sized and don`t have the
capital or capacity to compete with larger firms,” said Rick Jones, vice
president of purchasing for MGM MIRAGE.  “We are now opening the door, via our
website, for these smaller companies to have a fair shot at competing for
business not usually accessible to them.”

MGM MIRAGE is currently conducting extensive training of its entire
workforce and every employee will be versed in the new initiatives by year`s
end.  Specifically, buyers are receiving advanced training so they are able to
recognize qualified vendors who meet the high standards of MGM MIRAGE.

“When we explored our purchasing history, our statistics revealed that a
relatively small percentage was spent with minority and women-owned
businesses,” Jones added.  “We want to increase our total business with these
groups.  But, we`re not going to do business with a small company just because
they`re a woman or minority-owned business.  We will continue to choose
businesses that provide high-quality products, are cost-effective and deliver
superior service.  And, our purchasers will learn to identify these businesses
so it is a win-win situation for everyone involved.”

Officials are also facilitating joint ventures so that minority vendors
can become bigger and better suppliers of goods and services to the gaming
industry.

Already, MGM MIRAGE has facilitated some of these joint ventures.  For
example, MGM MIRAGE was introduced to RSNO, an African American-owned provider
of restaurant supplies.  When it became apparent that RSNO would not have many
opportunities to sell their supplies to MGM MIRAGE because of their pricing
structure, the company`s corporate purchasing department partnered them with
Channel Blue, a Los Angeles-based Asian linen manufacturer.  The partnership
has allowed them to win a linen supply contract with MGM MIRAGE`s Beau Rivage
property in Biloxi, Miss. and permitted both businesses to broaden their
market penetration within and beyond the gaming industry.

Through repeat construction contracts with Alonzo Barber, a Las Vegas-
based African American contractor, MGM MIRAGE enabled Barber to raise the
limit of his state license from $50,000 to $250,000 which augments his ability
to secure and perform jobs in the gaming industry.

As another part of the company`s Diversity initiative, MGM MIRAGE revised
their procurement protocols involving purchases over $1,000.  The company now
requires notification of MBEs, WBEs and DBEs registered with them so they have
the opportunity to participate in these bids.  They also require that general
contractor bids for all major construction and renovation work include
participation by MBEs, WBEs and DBEs.  Through repeat business with small
minority contractors, MGM MIRAGE is increasing their licensing limits and
their capacity to qualify for larger jobs.

In 2000, MGM MIRAGE voluntarily embraced a formal commitment to diversity
as a philosophy and business imperative and began development of a company-
wide initiative that imbedded diversity into its core values and all aspects
of doing business.  The Company in fall 2001 adopted a comprehensive and
multi-faceted strategic plan for implementing diversity in all aspects of its
operations.

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 on Borgata at Renaissance Pointe, a resort under development in
Atlantic City, New Jersey and also controls several development sites in the
oceanfront resort community.  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 http://www.mgmmirage.com .

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