MGM MIRAGE Among Forbes List of 'Best Managed Companies in America'

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MGM MIRAGE Among Forbes List of 'Best Managed Companies in America'

    LAS VEGAS, Jan. 6 /PRNewswire-FirstCall/ -- Forbes magazine has named MGM
MIRAGE (NYSE: MGG) one of the "Best Managed Companies in America," as part of
its annual Forbes Platinum 400 list of top-performing big corporations.  MGM
MIRAGE was cited alongside only 25 other companies and was recognized as first
in the "Hotels, restaurants and leisure" category.
    "This recognition reflects our company's solid business practices,
financial viability, and outstanding performance," said Terry Lanni, Chairman
and CEO of MGM MIRAGE.  "The commitment of each of our employees and the
dedication of our management team has made this recognition possible."
    To identify leaders from each industry category, Forbes ranked companies
within their industry by many financial metrics, including growth in sales and
earnings, leverage, stock market returns and earnings forecasts.  From these
ranks, each company received a composite score.  Next, a financial analytics
firm determined an overall score on each company for accounting and governance
practices, financial condition and earnings quality.  Finally, Forbes editors
and writers looked closer at the top-ranked companies in each industry and
considered factors that might not show up on a financial scorecard.  From this
process, the winners were selected for each industry.

    MGM MIRAGE (NYSE: MGG), headquartered in Las Vegas, Nevada, is one of the
world's leading and most respected hotel and gaming companies.  The Company
owns and operates 11 casino resorts located in Nevada, Mississippi and
Michigan, and has investments in three other casino resorts in Nevada, New
Jersey and the United Kingdom.  For more information about MGM MIRAGE, please
visit the company's website at http://www.mgmmirage.com.

    Statements in this release which are not historical facts are "forward
looking" statements and "safe harbor statements" under the Private Securities
Litigation Reform Act of 1995 that involve risks and/or uncertainties,
including risks and/or uncertainties as described in the company's public
filings with the Securities and Exchange Commission.

SOURCE MGM MIRAGE

http://www.mgmmirage.com
CONTACT:
Investment Community, James J. Murren,
President, Chief Financial Officer and Treasurer,
+1-702-693-8877, or Media, Alan Feldman, Senior Vice President,
Public Affairs, +1-702-891-7147, both of MGM MIRAGE