MGM MIRAGE Chairman & CEO Terry Lanni Honored for Diversity Leadership

    LAS VEGAS, Nov. 2 /PRNewswire-FirstCall/ -- Diversity Best Practices
 (DBP) recently honored MGM MIRAGE Chairman & CEO Terry Lanni with the "2007
 CEO Diversity Leadership Award" for demonstrating outstanding diversity
 leadership in corporate America. He was named among other leading chairmen
 of Fortune 500 companies at the organization's 14th Annual Diversity and
 Inclusion Leadership Summit & Gala in Washington, D.C.
     (Photo: http://www.newscom.com/cgi-bin/prnh/20071102/LAF098)
     Lanni accepted the award on behalf of all MGM MIRAGE employees.
     "I am privileged to have a leading role among the thousands of MGM
 MIRAGE employees who are integrating diversity across our entire
 enterprise," said Lanni. "This recognition is a testament to our dedication
 to create a culture that inspires 100 percent involvement from 100 percent
 of our employees."
     Lanni cited MGM MIRAGE's groundbreaking Diversity Champion training as
 the backbone of the company's cultural transformation. The program has been
 a catalyst for directing the focus and energy of company management and
 employees into building high-powered teams that are transforming the way
 the company does business.
     "Perhaps the most significant impact of our Diversity Initiative is the
 evolution it is fostering in our work culture and environment," Lanni
 stated. "Another key development has been the increasing involvement of our
 executive teams. Our property presidents now have a critical mass of
 Diversity Champions throughout their organizations that are leveraging our
 Diversity Initiative to meet the needs of their individual properties and
 foster better employee communications, higher employee engagement and more
 effective teams."
     MGM MIRAGE established the first voluntary diversity initiative in the
 gaming industry in 2000 and annually reports its diversity performance to
 demonstrate transparency and accountability. In 2006, the company's
 minority employee representation totaled more than half of the workforce at
 56.2 percent. Of the company's employees at the manager level and above,
 32% are minority. Also in 2006, $150 million in biddable goods and services
 was spent with minority enterprises, 11% of the company's total procurement
 spend. The company's construction expenditures totaled $1.3 billion, of
 which $276 million was spent with minority-, women- and disadvantaged-owned
 businesses. More information on the company's Diversity Initiative can be
 found at http://www.mgmmiragediversity.com.
     About Diversity Best Practices
     Diversity Best Practices (DBP) (http://www.diversitybestpractices.com),
 based in Washington, D.C., is the preeminent organization for diversity
 thought leaders to share best practices and develop innovative solutions
 for culture change. Through research, benchmarking, publications and
 events, DBP provides its members with valued resources, information and
 strategies on how to implement, grow, measure and create "first in class"
 diversity programs. Diversity Best Practices is a subsidiary of Working
 Mother Media.
     About MGM MIRAGE:
     MGM MIRAGE ( MGM), one of the world's leading and most respected
 development companies with significant holdings in gaming, hospitality and
 entertainment, owns and operates 17 properties located in Nevada,
 Mississippi and Michigan, and has investments in three other properties in
 Nevada, New Jersey and Illinois. MGM MIRAGE is the largest landholder on
 the Las Vegas Strip, with significant undeveloped landholdings in both Las
 Vegas and Atlantic City. The Company recently opened MGM Grand Detroit, a
 major new resort; and will open another, MGM Grand Macau, before the end of
 the year. Also under development is CityCenter, a multi-billion dollar
 mixed-use urban development in the heart of the Las Vegas Strip. MGM MIRAGE
 has signed definitive agreements with Kerzner International Holdings
 Limited and Istithmar Hotels FZE to develop a new multi-billion dollar
 integrated resort property on the Las Vegas Strip. The Company has a
 separate definitive agreement with the Diaoyutai State Guesthouse in
 Beijing forming a strategic relationship to pursue non-gaming business
 opportunities in the People's Republic of China. MGM MIRAGE supports
 responsible gaming and has implemented the American Gaming Association's
 Code of Conduct for Responsible Gaming at its properties. MGM MIRAGE has
 received numerous awards and recognitions for its industry-leading
 Diversity Initiative and its community philanthropy programs. For more
 information about MGM MIRAGE, please visit the company's website at
 http://www.mgmmirage.com.
 
 

SOURCE MGM MIRAGE