Las vegas Sands Corp.

Las Vegas Sands Corp. (NYSE: LVS) said today that Michael A. Leven, the company's

president and chief operating officer, will retire when his contract expires at the end of 2014. At the same time, the company stated that its chairman and chief executive officer, Mr. Sheldon G. Adelson, has no plans to slow down, step back, or relinquish his CEO title and role.

"As the supposed Mark Twain quote goes, the rumors of my demise have been greatly

exaggerated," said Mr. Adelson, addressing a news article which suggested he might give the CEO title to whoever replaces Mr. Leven.

"I am as bullish about this company as I've ever been, and I have no plans of slowing

down or passing the CEO title or job to anyone. We have taken an important leadership position in the gaming and hospitality industry, and I plan on spending year after year building on that success. Whether it's driving financial results, working with governments to open up new markets, securing new development opportunities in emerging markets, spearheading regulatory compliance or anything else, I am intently focused on building on the momentum we have established over the past several years," said Mr. Adelson.

Mr. Adelson praised Mr. Leven, who started serving as the company's president and

chief operating officer in early 2009: "On behalf of the entire LVS family, I want to convey our deepest appreciation for Mike's tireless work and dedication during his tenure. Mike started in this role at one of the most challenging times in our company's history and we appreciate his efforts and leadership in helping LVS experience unprecedented success as we've grown," he said.

Mr. Adelson said a Board-led committee is responsible for overseeing the search for a

president and chief operating officer for the company and will recommend a candidate to the Board for its consideration and approval. Mr. Leven, who will turn 77 later this year, will continue to serve as a member of the Las Vegas Sands and Sands China Ltd. Board of Directors upon his retirement.

"I'm grateful to Sheldon and his family for allowing me to help him lead the company

during such a tremendous period of growth. I've enjoyed working with the finest team in the industry and look forward to continuing to serve the company, its shareholders and its team members from my position on the Board of Directors. For me, this is truly a storybook ending to a more than 50-year career in the hospitality industry. I wouldn't want it to end any other way," said Mr. Leven.

Mr. Adelson concluded by saying he planned to push his leadership team to achieve

even greater success in the years ahead.

"We have developed a strong track record for securing the most coveted new

development opportunities in our business and returning capital to our shareholders at a pace never before seen in our industry. I'm not going to let that change, not even for a second," he said.

About Sands ( NYSE: LVS)

Sands is the world's preeminent developer and operator of world-class Integrated Resorts.

Our iconic properties drive valuable leisure and business tourism and deliver significant economic benefits, sustained job creation, financial opportunities for local businesses and community investment to help make our host regions ideal places to live, work and visit.
Sands' portfolio of properties includes Marina Bay Sands in Singapore and The Venetian Macao, The Plaza and Four Seasons Hotel Macao, The Londoner Macao, The Parisian Macao and Sands Macao in Macao SAR, China, through majority ownership in Sands China Ltd.

Sands is dedicated to being a leader in corporate responsibility, anchored by our core tenets of serving people, planet and communities. Our ESG leadership has led to inclusion on the Dow Jones Sustainability Indices for World and North America and recognition as one of Fortune's World's Most Admired Companies. To learn more, visit www.sands.com.

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