LAS VEGAS, Aug. /PRNewswire/—MGM MIRAGE today announced the results
of the company`s employee-funded Voice Foundation for 2002-2003.  The
philanthropic 501(c)(3) Foundation, through generous donations from its
35,000 plus employees in Clark County, is donating $1.9 million in southern
Nevada.

“At a time of unprecedented challenge in our community and our nation, our
employees have once again demonstrated their incredible strength and resolve
in doing the right thing to support the communities where we live, work and
care for our families,” said J. Terrence Lanni, Chairman and CEO of MGM
MIRAGE.  “Their commitment to our community demonstrates a spirit that is
nothing short of spectacular.”

Today several of the company`s employees visited three local charitable
organizations in Las Vegas to see first-hand some of the charities receiving
their dollars.  Agencies visited included Aid for AIDS of Nevada, Variety Day
Home and Big Brothers-Big Sisters.

The Voice Foundation provides employees the opportunity to make direct
contributions or divert a portion of their paycheck to one of the following
funding areas:

— Employee Emergency Relief Fund - Provides monies to co-workers experiencing hardships.

— Community Fund - Governed by employees through the Community Voice Council, comprised of employees from volunteer committees that represent departments from the hotel-casinos.  These committees reviewed the grant proposals from community organizations and determined the Foundation`s grant recipients for 2002-2003 in the following areas:—Strengthening Neighborhoods:  Donations support programs that foster safe and vital communities where people want to live, work and raise their families.  Key areas of investment are revitalization of neighborhoods and self-sufficiency programs.—Strengthening Children:  Provides donation support for strong prevention and/or intervention programs and empowerment of young people to succeed in school—Strength in Difficult Times:  Recovery and counseling services for persons impacted by abuse, neglect, addiction or challenging life circumstances.

— United Way - Donations support the United Way of Southern Nevada.

— Employee designated charities - Employees may select a charity of their choice, providing it operates where the employee lives.

“MGM MIRAGE has always taken seriously its responsibility to be a
charitable partner in the communities where we operate businesses,” added
Punam Mathur, Vice President of corporate diversity and community affairs for
MGM MIRAGE.  “We are proud of our long-standing partnership with United Way of
Southern Nevada and the expertise they added to our funding process.  The new
Voice Foundation provides our employees greater control and impact with their
contributions.”

MGM MIRAGE, through the new Voice Foundation, now absorbs all
administrative costs for managing the Foundation including the creation and
dissemination of the request for proposals for the grant funds and the actual
distribution of the monies.  As a result, 100 percent of every dollar pledged
by employees now goes directly to the granted programs.

The Voice Foundation`s funding for the 2002-2003 period began on May 11,
2002 and runs through April 30, 2003.  In order to qualify for funds,
organizations must have an IRS 501(c)(3) nonprofit designation, been in
operation for a minimum of 12 months and cannot be political in nature.

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 in Borgata at Renaissance Pointe, a resort under development in
Atlantic City, New Jersey and also controls additional development sites in
this 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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