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THE COSMOPOLITAN OF LAS VEGAS OPENING DECEMBER 2010 SETS NEW STANDARD AMONG LAS VEGAS RESORTS

New Luxury Resort Will Feature Inspired Designs, Original Collection of Diverse Dining Experiences and Expansive Private Terraces Overlooking the Las Vegas Strip

LAS VEGAS, NEVADA (May 2010) – The Cosmopolitan of Las Vegas pairs stylish design with an adventurous and welcoming spirit – delivering a decidedly different kind of Las Vegas experience. The new 2,995-room resort will feature oversized residential style living space with expansive one-of-a-kind private terraces and spectacular designs by acclaimed interior architects David Rockwell, Jeffrey Beers, Adam D.Tihany and the Friedmutter Group. Guests will enjoy diverse dining experiences from the country's top chefs - all new to Las Vegas, unprecedented services and amenities, innovative new membership offerings, three distinct pool environments, a 110,000 square foot casino and breathtaking views of the Strip at every turn. The resort will first welcome guests in December 2010.

Situated at the heart of the Strip, The Cosmopolitan’s uniquely vertical multi-tower design on just 8.7 acres of land boasts sweeping views of the Las Vegas skyline, allowing guests to feel that they are truly at the epicenter of the vibrant city while maintaining a boutique style footprint. “The Cosmopolitan is about creating a resort experience that is truly different than anything that exists right now in Las Vegas,” says John Unwin, CEO of The Cosmopolitan. “When you combine spacious suites, high design from talent like David Rockwell, a curated award-winning dining collection, unparalleled service and gaming, we know we are giving guests an experience that’s been missing in Las Vegas and harkens back to an era when guests felt connected, inspired and engaged by their resort.”

The Cosmopolitan will offer culinary concepts from some of the country's top chefs and restaurant brands, each opening for the first time in Las Vegas. To date, the prestigious roster will include: Jaleo and China Poblano, a new Chinese-Mexican fusion concept, both by Chef José Andrés, Blue Ribbon Sushi Bar & Grill by restaurateurs Bruce and Eric Bromberg; Comme Ça by acclaimed Los Angeles chef David Myers; New York City's Estiatorio Milos by restaurateur Costas Spiliadis; Scarpetta and D.O.C.G., a new casual wine bar, both by award-winning chef Scott Conant; and popular steakhouse STK from The One Group.

The 50-story East and West towers will be comprised of oversized hotel and condominium-style rooms ranging in size from 730 square feet to over 5400 square feet in addition to ten three-story bungalow-style suites adjacent to the west pool deck. Contemporary bespoke room décor by David Rockwell will feature spacious living areas, luxurious bathrooms, a hundred small but unique touches, and many with expansive terraces overlooking the heart of the Strip. Each room features state-of-the-art technology control panels, plasma-screen televisions, entertainment system, wireless internet and a custom in-room bar. The oversized bathrooms offer moments of unexpected tranquility combined with breathtaking views - Japanese soaking tubs, rain showers and marble floors complete the guest bath experience.

Purchased by Deutsche Bank in August 2008, The Cosmopolitan consists of 2,995 rooms, nightclub and ultra lounge, 150,000 square feet of convention and banquet facilities, restaurants, 50,000 square foot spa, salon and fitness center, retail and three pool environments. The Cosmopolitan will operate under the direction of John Unwin, CEO, with more than 30 years of management experience in the hospitality industry after serving most recently as general manager of neighboring casino giant Caesars Palace for more than five years.

“Deutsche Bank concluded that building a new brand, with a unique identity and guest experience, was central to the overall vision for The Cosmopolitan of Las Vegas,” says John Gallagher, Director in Deutsche Bank’s media relations group. “As a result, rather than partnering with a existing hotel brand, the Bank brought on some of the best executives in the gaming and lodging space to form a highly experienced management and operations team, led by John Unwin. We're confident that this team will help The Cosmopolitan become a premier feature of the city's business and entertainment landscape. “

Situated at the heart of the Las Vegas Strip, The Cosmopolitan of Las Vegas is located at 3708 Las Vegas Blvd. South directly between CityCenter and the Bellagio. The resort’s uniquely vertical multi-tower design offers spectacular views of the vibrant city. The new 2,995-room resort features oversized residential-style living spaces with expansive, one-of-a-kind private terraces. Resort features include 100,000 square feet of casino space; 60,000 square feet of world class shopping; 43,000 square feet of spa, healthclub and salon offerings; three unique pool experiences and multi-level integrated nightclubs. Signature restaurants include: Jaleo and China Poblano restaurants by Chef José Andrés, Blue Ribbon Sushi Bar & Grill by restaurateurs Bruce and Eric Bromberg; Comme Ça by Los Angeles chef David Myers; New York City's Estiatorio Milos by restaurateur Costas Spiliadis; Scarpetta and D.O.C.G. by award-winning chef Scott Conant; and popular steakhouse STK from The One Group. For more information visit: www.cosmopolitanlasvegas.com. Follow us on Twitter at www.twitter.com/Cosmopolitan_LV or find us on facebook at: http://www.facebook.com/TheCosmopolitan.