Sands China Receives Macau Government Approval of Transmission of Rights of Apart-Hotel

Sands China Ltd. (HK:1928), a majority-owned subsidiary of global resort developer Las Vegas Sands Corp. LVS, announced today that the Macao SAR government has approved the transfer of the rights necessary for the company to sell shares in a co-op fashion to prospective buyers interested in a Four Seasons-branded apartment at the company's Cotai Strip development in Macao. "The on-going vision of developing the Cotai Strip into an internationally renowned destination for leisure and business travelers has taken a major step forward today," said Mr. Sheldon G. Adelson, chairman of both Sands China Ltd. and Las Vegas Sands Corp. "The addition of the Four Seasons-branded apartments will provide visitors from surrounding countries the opportunity to own a tourism product which will allow them to utilize the full facilities of the Cotai Strip more frequently and for longer periods of time." "Sands China is very thankful for the opportunity to continue investing in the future of Macao and we believe this is another positive step in that regard," said Mr. Edward Tracy, President and Chief Executive Officer of Sands China Ltd. "From the day Mr. Adelson identified the opportunity on the Cotai Strip, our team has See full press release