The board of directors of Wynn Macau, Limited announced that Mr. Stephen A. Wynn has resigned as Chairman of the Board, an Executive Director and Chief Executive Officer of the company with immediate effect due to Mr. Wynn's decision that as a result of recent publicity, he could not continue to be effective in his current roles. The Board has reluctantly accepted Mr. Wynn's resignation. Dr. Allan Zeman, an independent non-executive director of the company, has been appointed as the Non-executive Chairman of the company effective immediately.

Mr. Matthew O. Maddox, a Non-executive Director of the company, has been appointed as the Chief Executive Officer of the company and re-designated as an Executive Director of the company effective immediately. The Board has also resolved to appoint Mr. Maurice L. Wooden as a Non- executive Director of the company. Mr. Wooden is the President of Wynn Las Vegas, LLC.