Exhibit 99.1
HongKongExchangesandClearingLimitedandTheStockExchangeofHongKongLimitedtakenoresponsibilityforthe contentsofthisannouncement,makenorepresentationastoitsaccuracyorcompletenessandexpresslydisclaimanyliability whatsoeverforanylosshowsoeverarisingfromorinrelianceuponthewholeoranypartofthecontentsofthisannouncement.
SANDS CHINA LTD.
(incorporatedintheCaymanIslandswithlimitedliability)
(Stock Code: 1928)
REMOVAL OF CHIEF EXECUTIVE OFFICER AND
EXECUTIVE DIRECTOR
The Board of Directors announced the departure from the Company of Mr. Steven Craig Jacobs, the Chief Executive Officer and President and an Executive Director of the Company. Mr. Jacobs’s employment with the Company was terminated by the Board of Directors with effect from July 23, 2010 and he was removed by the Board of Directors as a Director of the Company.
The Board of Directors also announced that it has appointed Michael A. Leven as the Acting Chief Executive Officer of the Company. Mr. Leven currently serves as the Special Adviser to the Board of Directors and the President and Chief Operating Officer of Las Vegas Sands Corp., the Company’s controlling shareholder. The Board of Directors is conducting a search for a permanent Chief Executive Officer of the Company.
By order of the Board |
SANDS CHINA LTD. |
Luis Nuno Mesquita de Melo |
JointCompanySecretary |
Hong Kong, July 23, 2010
Asatthedateofthisannouncement,theBoardcomprisesofTohHupHock(asExecutiveDirector);SheldonGaryAdelson, Jeffrey HowardSchwartzandIrwinAbeSiegel(asNon-ExecutiveDirectors);andIainFergusonBruce,ChiangYunand
David MuirTurnbull(asIndependentNon-ExecutiveDirectors).
* | foridentificationpurposesonly |