10:50 MELCO INT'L DEV<00200> - Announcement & Resumption (14) "Independent Shareholders" shareholders of Melco other than Dr. Stanley Ho and his associates, namely Madam Lucina Laam King Ying, Mr. Lawrence Ho, Lasting Legend and Better Joy "Independent Third Party(ies)" an independent third party not connected with Melco and its subsidiaries, the controlling shareholder, directors, chief executive or substantial shareholders of Melco and its subsidiaries, or an associate of any of them under the Listing Rules. "JV Group" the joint venture group of companies established pursuant to the Subscription Agreement and the Shareholders Deed for pursuance of gaming, entertainment and hospitality businesses in the Asia Pacific region (excluding Australia and New Zealand) and the Greater China Region, which comprise Melco PBL Holdings, Melco Entertainment, Great Wonders, Mocha Slot as well as such other subsidiaries of Melco PBL Holdings, if any, from time to time "Lasting Legend" Lasting Legend Limited, a company wholly owned by Mr. Lawrence Ho "Land" a parcel of land with an area of 5,230 square meters located at Baixa da Taipa, Macau, described with the Land Registry Office of Macau under the no 21407, folio 125 of the Book B49. "Land Acquisition Agreements" the First Agreement, the Second Agreement and the Third Agreement "Letter of Confirmation" the confirmation letter dated 11 November 2004 issued by SJM to Great Wonders (and counter-signed by Great Wonders) in relation to the proposed execution of the Proposed Lease Agreement between SJM and Great Wonders "Listing Rules" The Rules Governing the Listing of Securities on the Stock Exchange "Macau" the Macau Special Administrative Region of the People's Republic of China "Melco" Melco International Development Limited, a company incorporated in Hong Kong, the securities of which are listed on the Stock Exchange or if the context so requires, refer to Melco Leisure "Melco Entertainment" Melco Entertainment Limited, a non wholly-owned subsidiary of Melco within the JV Group. As at the date of this announcement, Melco Entertainment holds 80% equity interests in Mocha Slot and 70% equity interests in Great Wonders "Melco Leisure" Melco Leisure and Entertainment Group Limited, a wholly-owned subsidiary of Melco, used for the purpose of holding the relevant equity interests of Melco in the JV Group companies "Melco PBL Holdings" Melco PBL Holdings Limited, the principal holding company within the JV Group and a jointly controlled company of Melco and PBL "Mr. Lawrence Ho" Mr. Ho, Lawrence Yau Lung, the Managing Director and Executive Director of Melco and son of Dr. Stanley Ho "Mocha Slot" Mocha Slot Group Limited, a non-wholly owned subsidiary of Melco within the JV Group. As at the date of this announcement, the respective attributable interests in Mocha Slot owned by Melco and PBL are 48% and 32% respectively and the remaining 20% is owned by Dr. Stanley Ho "MOP$" pataca, the lawful currency of Macau "PBL" Publishing and Broadcasting Limited, a company incorporated under the laws of Australia, the securities of which are listed on the Australian Stock Exchange or if the context so requires, refer to PBL Asia "PBL Asia" PBL Asia Investments Limited, a wholly owned subsidiary of PBL, used for the purpose of holding the relevant equity interests of PBL in the JV Group companies "Placing" the top-up placing of 75,900,000 Shares at a price of HK$5.20 per Share on 15 October 2004 as disclosed in the announcement of Melco dated 15 October 2004 "PRC" People's Republic of China and for the purpose of this announcement, excludes Hong Kong, Macau and Taiwan