[MELCO CROWN ENTERTAINMENT PROVIDES STUDIO CITY PROJECT DEVELOPMENT UPDATE MACAU, June 3, 2014 Mr. Lawrence Ho, Co-Chairman and Chief Executive Officer of Melco Crown Entertainment, commented, “We are extremely excited about our newest integrated resort in Macau, which remains firmly on track to open in mid-2015. The property’s cinematic theme and vast array of unique entertainment and attractions will enhance] [Form 6–K TABLE OF CONTENTS MELCO CROWN ENTERTAINMENT LIMITED Geoffrey Davis, CFA Chief Financial Officer 3 Description 99.1 Press Release]

[Melco Crown Entertainment Limited (Incorporated in the Cayman Islands with Limited Liability) (SEHK Stock Code: 6883) GRANT OF SHARE OPTIONS AND RESTRICTED SHARES BY A SUBSIDIARY Board Company MCP MCP Share Incentive Plan MCP Share Options MCP Shares MCP Restricted Shares The board of directors (the “ SEC * PHP means Philippines peso, the lawful currency of the Republic of] [Form 6–K TABLE OF CONTENTS MELCO CROWN ENTERTAINMENT LIMITED Geoffrey Davis, CFA Chief Financial Officer 3 Description 99.1 Grant of share options and restricted shares by a subsidiary]