Wynn Macau : Inside Information – Unaudited Results for the Second Quarter and the First Half of Fiscal 2016 of our Controlling Shareholder, Wynn Resorts, Limited

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(incorporated in the Cayman Islands with limited liability)

This announcement is issued pursuant to Rule 13.09 and 37.47B of the Rules Governing the Listing of the Securities on The Stock Exchange of Hong Kong Limited and under Part XIVA of the Securities and Futures Ordinance (Cap. 571).

Our controlling shareholder, Wynn Resorts, Limited has, on or about 9 August 2016 (1:04 p.m., Las Vegas time), released its unaudited results for the second quarter ended 30 June 2016.

This announcement is issued by Wynn Macau, Limited ("we" or our "Company") pursuant to Rule

13.09 and 37.47B of the Rules Governing the Listing of the Securities on The Stock Exchange of Hong Kong Limited and under Part XIVA of the Securities and Futures Ordinance (Cap. 571).

Our Company's controlling shareholder, Wynn Resorts, Limited, is a company listed on the National Association of Securities Dealers Automated Quotations ("NASDAQ") Global Select Market in the United States. As at the date of this announcement, Wynn Resorts, Limited beneficially owns approximately 72% of the issued share capital of our Company.

Reference is made to our announcement on 29 July 2016 (the "WRL Earnings Release Announcement") in respect of the release by our controlling shareholder, Wynn Resorts, Limited, of its unaudited financial results for the second quarter ended 30 June 2016. Unless otherwise defined in this announcement, terms defined in the WRL Earnings Release Announcement have the same meaning when used in this announcement.

* For identification purposes only.

Further to the WRL Earnings Release Announcement, Wynn Resorts, Limited has, on or about 9 August 2016, 1:04 p.m., Las Vegas time, released its quarterly report with unaudited financial results for the second quarter ended 30 June 2016. ("WRL Quarterly Report"). If you wish to review the WRL Quarterly Report prepared by Wynn Resorts, Limited and as filed with the U.S. Securities and Exchange Commission, please visit https://www.sec.gov/Archives/edgar/data/1174922/000117492216000199/0001174922-16-000199-index.htm. The WRL Quarterly Report contains segment financial information about Wynn Resorts, Limited's Macau operations, which are owned by our Company. The WRL Quarterly Report is also available in the public domain.

The financial results of Wynn Resorts, Limited, including those contained in the WRL Quarterly Report, have been prepared in accordance with the Generally Accepted Accounting Principles of the United States ("U.S. GAAP"), which are different from the International Financial Reporting Standards ("IFRS") that we use to prepare and present our financial information. As such, the financial information in the WRL Quarterly Report is not directly comparable to the financial results our Company discloses. In particular, Average Daily Rate ("ADR") and Revenue Per Available Room ("REVPAR") as presented in the WRL Quarterly Report are based on room revenues as reported under U.S. GAAP, which include associated promotional allowances within room revenues. Under U.S. GAAP, promotional allowances are deducted from gross revenues in presenting net revenue. Under IFRS, room revenues exclude such promotional allowances. Consequently, we offer no indication or assurance that the financial results of our Group for the second quarter ended 30 June 2016 will be the same as that presented in the WRL Quarterly Report. In the WRL Earnings Release Announcement, we announced our unaudited financial results for the second quarter ended 30 June 2016 prepared in accordance with IFRS.

To ensure that all shareholders and potential investors of our Company have equal and timely access to the information pertaining to our Company, set forth below are the key highlights of financial information and other information published by Wynn Resorts, Limited in the WRL Quarterly Report that relate to our Company and our operations in Macau (unless otherwise provided, all dollar amounts in the WRL Quarterly Report are denominated in United States dollars), some of which may constitute material inside information of the Company:

WYNN RESORTS, LIMITED AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

Restricted Cash

At June 30, 2016 and December 31, 2015, the Company's non-current restricted cash consisted of cash held in trust in accordance with the Company's majority owned subsidiary's share award plan.

Construction in progress consists primarily of costs capitalized, including interest, for the construction of Wynn Palace and Wynn Boston Harbor.

Long-term debt consisted of the following (in thousands):

June 30,

2016

December 31,

2015

Macau Related:

Wynn Macau Credit Facilities:

Senior Term Loan Facility (as amended September 2015), due September 2021;

interest at LIBOR or HIBOR plus 1.50%-2.25% (2.50% and 2.08% at June 30, 2016 and December 31, 2015), net of debt issuance

costs and original issue discount of $31,574 at June 30, 2016 and $35,112

at December 31, 2015 $2,274,736 $2,272,200

Senior Revolving Credit Facility (as amended September 2015), due September 2020;

interest at LIBOR or HIBOR plus 1.50%-2.25% (2.49% and 2.07% at June 30, 2016 and

December 31, 2015) 581,329 431,172

5 1/4% Senior Notes, due October 15, 2021,

net of debt issuance costs and original issue premium of $7,311 at June 30, 2016 and

$7,896 at December 31, 2015 1,342,689 1,342,104

Wynn Macau Credit Facilities

The Company's credit facilities include a $2.27 billion equivalent fully funded senior secured term loan facility and a $750 million equivalent senior secured revolving credit facility (the "Wynn Macau Senior Revolving Credit Facility"). As of June 30, 2016, the Company had

$168.7 million of available borrowing capacity under the Wynn Macau Senior Revolving Credit Facility.