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ELTON JOHN TO PERFORM AT THE COLOSSEUM AT CAESARS PALACE

21/10/2003

October 21, 2003
Exclusive agreement calls for 75 shows over three years

LAS VEGAS, October 21, 2003 -- Elton John and Park Place Entertainment Corporation (NYSE:PPE), one of the world's leading gaming companies, have signed an exclusive agreement for the artist to perform 75 shows over three years at The Colosseum at Caesars Palace, Las Vegas, beginning on February 13, 2004.

Tickets for the first series of Colosseum engagements beginning February 13 through February 22 go on sale tomorrow at 10 a.m. All performances begin at 7:30 p.m. Tickets are priced at $250, $175, and $100 (plus applicable taxes and handling charges) and are available by calling 888-4-ELTONJ (888-435-8665), or by visiting www.ticketmaster.com, or in person at the Caesars Palace Box Office.

To create a unique environment in the 4,100-seat Colosseum, the renowned photogr apher and director David LaChappelle will serve as the production designer and director for Elton John's Colosseum engagements titled "The Red Piano." Creating a distinctive show, exclusive to Caesars Palace, LaChappelle will blend Elton's breathtaking music with vibrant visual imagery making these Colosseum engagements a unique spectacular unlike any previous Elton John performance.

Elton John will be performing with his band: Davey Johnstone on guitar; Guy Babylon on keyboards; Bob Birch on bass guitar; John Mahon on percussion; and Nigel Olsson on drums.

"By bringing Elton John, one of the best-known and best-loved performers in the world, to an extended engagement at Caesars Palace, we've established The Colosseum as the nation's premier musical showcase for top tier talent," said Park Place President and Chief Executive Officer Wallace R. Barr.

"Today, Caesars Palace again boasts a full- house of elite entertainers so famous that each is known by a single name: Elton, Celine, Seinfeld," said Caesars Palace President Mark Juliano. "We are honored to welcome an artist of Elton John's caliber to The Colosseum," Juliano added.

The newly announced performances by Elton John will not alter the show schedule for "A New Day" starring Celine Dion.

The legendary career of international singer/songwriter and performer Elton John has spanned more that three decades. By all measures, he is one of the world's most successful touring artists and one of the top-selling solo artists of all time. Elton John has sold more than 200 million records worldwide, with 29 consecutive Top 40 Hits, earning 35 gold and 25 platinum albums.

Elton John has been recognized by the National Academy of Recording Arts and Sciences with multiple Grammy Awards, including the Grammy Legend Award as well as the MusicCares person of the year by the MusicCares Foundation. He collaborated with lyricist Tim Rice, creating the soundtrack to the Walt Disney Pictures blockbuster The Lion King, for which his music won an Academy Award.

The Lion King later debuted on Broadway and continues to be a long-running musical success. The Lion King received six Tony Awards, including Best Musical, as well as a Grammy for Best Musical Show Album. After Elton John's second musical, the Tony Award-winning "Aida" opened on Broadway, he and Tim Rice won a Tony for Best Score, and Elton John was honored with another Grammy for the Best Musical Show Album.

He has recently finished writing music with Lee Hall for the stage produc tion of "Billy Elliot," which will be opening in London in 2004. Currently, he is working on the songs and lyrics for Warner Bros. Theatre Ventures Broadway Musical "Vampire Lestat" with long time writing partner Bernie Taupin.

His most recent album is "ELTON JOHN - GREATEST HITS 1970 - 2002" (Universal 2002) which has gone double-platinum. This two-CD, 34-selection digitally remastered album includes every Elton-penned original Top-10 pop hit -- all 22 of them. The Colosseum at Caesars Palace is a contemporary interpretation of one of antiquity's architectural wonders. Built by Park Place Entertainment at a cost of $95 million, The Colosseum at Caesars Palace is a striking landmark at the heart of the Las Vegas Strip. With seating for up to 4,100, The Colosseum is designed to accommodate stage shows of all varieties while providing audiences with extraordinary entertainment experience. Home to "A New Day" featuring Celine Dion, The Colosseum has also hosted such stars as Jerry Seinfeld, Mariah Carey, and Tim McGraw since its opening in March 2003. About Park Place Entertainment

Park Place Entertainment Corporation (NYSE: PPE) is one of the world's leading gaming companies. Park Place owns, manages or has an interest in 29 gaming properties operating under the Caesars, Bally's, Flamingo, Grand Casinos, Hilton and Paris brand names with a total of approximately two million square feet of gaming space, 29,000 hotel rooms and 54,000 employees worldwide. The company plans to cha nge its name to Caesars Entertainment, Inc. in January 2004, when it will begin trading under the new ticker symbol (NYSE:CZR).

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