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2005 KEENELAND NOVEMBER BREEDING SALE Session Three CONSIGNORS BY GROSS  |  BY AVERAGE LEADING SIRES BUYERS BY GROSS  |  BY AVERAGE 2005 KEENELAND NOVEMBER BREEDING SALE LEADING SIRES OF WEANLINGS (Session 3)           Sire Num Low High Average 1 Distorted Humor 3 $190,000 $310,000 $243,333 2 Pulpit 4 $30,000 $480,000 $200,000 3 Sky Mesa 3 $70,000 $270,000 $193,333 4 Malibu Moon 3 $55,000 $300,000 $165,000 5 Tale of the Cat 5 $17,000 $390,000 $144,400 6 Tiznow 4 $12,000 $175,000 $114,250 7 Street Cry (IRE) 3 $70,000 $165,000 $103,333 8 Hennessy 3 $37,000 $110,000 $85,667 9 Came Home 3 $55,000 $115,000 $85,000 10 More Than Ready 4 $30,000 $140,000 $81,750 11 Rahy 3 $25,000 $160,000 $75,000          First-crop Weanling Sire          First-crop Yearling Sire   CONSIGNORS BY GROSS  |  BY AVERAGE LEADING SIRES BUYERS BY GROSS  |  BY AVERAGE 2005 KEENELAND NOVEMBER BREEDING SALE LEADING CONSIGNORS BY GROSS (Session 3)             Consignor Offered Sold Average Gross 1 Taylor Made Sales Agency 48 41 $263,780 $10,815,000 2 Lane's End 39 33 $163,758 $5,404,000 3 Hill 'n' Dale Sales Agency 30 20 $220,200 $4,404,000 4 Eaton Sales 36 28 $139,393 $3,903,000 5 Three Chimneys Sales 33 21 $143,238 $3,008,000 6 Bluewater Sales 13 10 $246,000 $2,460,000 7 Nursery Place 14 12 $196,417 $2,357,000 8 Brookdale Sales 17 15 $154,933 $2,324,000 9 Hunter Valley Farm 14 11 $106,545 $1,172,000 10 Summerfield 6 5 $184,000 $920,000 11 Castleton Lyons 5 5 $180,000 $900,000 12 Woods Edge Farm 4 4 $177,500 $710,000 13 Darby Dan Farm 9 6 $113,333 $680,000 14 Katalpa Farm 7 6 $95,000 $570,000 15 Millennium Farms Kentucky 6 4 $75,500 $302,000 16 Buck Pond 2 2 $140,000 $280,000 17 Hinkle Farms 3 2 $105,000 $210,000 Legacy Bloodstock 2 2 $105,000 $210,000 18 Castle Park Farm 2 2 $102,500 $205,000 John J. Greely III 5 4 $51,250 $205,000 19 Walnut Green 2 1 $200,000 $200,000 20 Spendthrift Farm 3 2 $92,500 $185,000 21 Chesapeake Farm 4 3 $58,333 $175,000 22 Middlebrook Farm 4 3 $49,667 $149,000 23 James M. Herbener Jr 3 2 $70,000 $140,000 24 Greenfield Farm 3 3 $45,000 $135,000 25 Moonestone 2 2 $63,500 $127,000 26 Patricia Clark 3 2 $52,500 $105,000 27 Pope McLean 6 3 $32,000 $96,000 28 Dromoland Farm 4 3 $24,667 $74,000 29 John Williams 1 1 $50,000 $50,000 Elise W. Kendall 3 1 $50,000 $50,000 30 Stonereath Farms 1 1 $27,000 $27,000 CONSIGNORS BY GROSS  |  BY AVERAGE LEADING SIRES BUYERS BY GROSS  |  BY AVERAGE 2005 KEENELAND NOVEMBER BREEDING SALE LEADING CONSIGNORS BY AVERAGE (Session 3)            Consignor Offered Sold Gross Average 1 Taylor Made Sales Agency 48 41 $10,815,000 $263,780 2 Bluewater Sales 13 10 $2,460,000 $246,000 3 Hill 'n' Dale Sales Agency 30 20 $4,404,000 $220,200 4 Walnut Green 2 1 $200,000 $200,000 5 Nursery Place 14 12 $2,357,000 $196,417 6 Summerfield 6 5 $920,000 $184,000 7 Castleton Lyons 5 5 $900,000 $180,000 8 Woods Edge Farm 4 4 $710,000 $177,500 9 Lane's End 39 33 $5,404,000 $163,758 10 Brookdale Sales 17 15 $2,324,000 $154,933 11 Three Chimneys Sales 33 21 $3,008,000 $143,238 12 Buck Pond 2 2 $280,000 $140,000 13 Eaton Sales 36 28 $3,903,000 $139,393 14 Darby Dan Farm 9 6 $680,000 $113,333 15 Hunter Valley Farm 14 11 $1,172,000 $106,545 16 Hinkle Farms 3 2 $210,000 $105,000 Legacy Bloodstock 2 2 $210,000 $105,000 17 Castle Park Farm 2 2 $205,000 $102,500 18 Katalpa Farm 7 6 $570,000 $95,000 19 Spendthrift Farm 3 2 $185,000 $92,500 20 Millennium Farms Kentucky 6 4 $302,000 $75,500 21 James M. Herbener Jr 3 2 $140,000 $70,000 22 Moonestone 2 2 $127,000 $63,500 23 Chesapeake Farm 4 3 $175,000 $58,333 24 Patricia Clark 3 2 $105,000 $52,500 25 John J. Greely III 5 4 $205,000 $51,250 26 John Williams 1 1 $50,000 $50,000 Elise W. Kendall 3 1 $50,000 $50,000 27 Middlebrook Farm 4 3 $149,000 $49,667 28 Greenfield Farm 3 3 $135,000 $45,000 29 Pope McLean 6 3 $96,000 $32,000 30 Stonereath Farms 1 1 $27,000 $27,000

CONSIGNORS BY GROSS  |  BY AVERAGE LEADING SIRES BUYERS BY GROSS  |  BY AVERAGE 2005 KEENELAND NOVEMBER BREEDING SALE LEADING BUYERS BY GROSS (Session 3)            Buyer Num  Average  Gross 1 Stonestreet Mares 5 $433,000 $2,165,000 2 Gulf Coast Farm 8 $221,875 $1,775,000 3 Courtlandt Farm 1 $1,150,000 $1,150,000 4 Forging Oaks Farm 2 $512,500 $1,025,000 5 Eldon Farm Equine 2 $505,000 $1,010,000 6 Jack Werk, agent 3 $285,000 $855,000 Greathouse Bloodstock 4 $213,750 $855,000 7 Pollack Farms 2 $415,000 $830,000 8 Foxtale Farm 3 $246,667 $740,000 9 Paragon Farms 2 $322,500 $645,000 10 Peter Doyle Bloodstock & Plantation Stud 2 $300,000 $600,000 11 Anthony Stroud 2 $275,000 $550,000 Dark Hollow, agent 2 $275,000 $550,000 12 Cecil Seaman, agent 2 $255,000 $510,000 13 Frank Stronach 2 $242,500 $485,000 Yushun Company 3 $161,667 $485,000 14 Cumberland Bloodstock 1 $480,000 $480,000 15 Audley Farm 1 $475,000 $475,000 John & Martha Jane Mulholand 1 $475,000 $475,000 16 BGH Ranch 1 $460,000 $460,000 17 Gaines-Gentry, agent 2 $225,000 $450,000 J.S. Company 3 $150,000 $450,000 18 Narvick International, agent 2 $220,000 $440,000 19 Walnut Hill Racing 2 $0 $435,000 20 Calumet Farm 1 $425,000 $425,000 21 Blandford Bloodstock 3 $136,667 $410,000 22 Cloverleaf Farms II 1 $400,000 $400,000 David J. Shimmon 2 $200,000 $400,000 23 Golden Eagle Farm 4 $98,000 $392,000 24 Barry Weisbord, agent 1 $360,000 $360,000 25 John P. Fort 3 $118,333 $355,000 26 Buckram Oak Farm 1 $350,000 $350,000 Sheehy Brothers, agents 1 $350,000 $350,000 Lochlow Farm 1 $330,000 $330,000 Fares Farm 2 $165,000 $330,000 27 S.H. Rogers Jr. 3 $107,333 $322,000 28 Aaron & Marie Jones, Buzz Chace, agent 1 $320,000 $320,000 Paradigm Thoroughbreds 2 $160,000 $320,000 29 James Delahooke, agent 1 $310,000 $310,000 30 Midway Stable 1 $300,000 $300,000 Blue Sky Stables 1 $300,000 $300,000 Runnymede Farm, agent 1 $300,000 $300,000 Arch Bloodstock, agent 1 $300,000 $300,000 31 Peter E. Blum 1 $290,000 $290,000 Tara Murty, agent 1 $290,000 $290,000 Winding Road Farm 1 $290,000 $290,000 32 Jerry Bilinski 3 $95,000 $285,000 33 Blue Spring Farm 1 $280,000 $280,000 Keene Ridge Farm 1 $280,000 $280,000 Lavin Bloodstock 1 $280,000 $280,000 34 Dixiana Farm 1 $270,000 $270,000 35 King Cameron Bloodstock 2 $132,500 $265,000 36 Winchell Thoroughbreds, D. Fiske, agent 1 $260,000 $260,000 37 Brian Grassick Bloodstock 2 $126,000 $252,000 38 Johann Pavenstedt 1 $250,000 $250,000 Dividing Ridge Farm 1 $250,000 $250,000 Shadwell Estate Company . 1 $250,000 $250,000 Dapple Bloodstock, agent 2 $125,000 $250,000 39 Arthur Hancock 1 $240,000 $240,000 40 Olin B. Gentry, agent 1 $230,000 $230,000 41 JMH Stables 1 $225,000 $225,000 42 Gainesway 1 $220,000 $220,000 Walnut Green 1 $220,000 $220,000 Dixiana Stables 1 $220,000 $220,000 Southern Equine Stables 4 $55,000 $220,000 43 Lobo Farm 2 $102,500 $205,000 44 Atwood-Wells 1 $200,000 $200,000 Live Oak Stud 1 $200,000 $200,000 De Burgh Equine 1 $200,000 $200,000 John D. Gunther 1 $200,000 $200,000 Tony Lacy, agent 1 $200,000 $200,000 Larkin Armstrong 1 $200,000 $200,000 Bradley M. Shannon, agent 1 $200,000 $200,000 William W. Lockridge, agent 1 $200,000 $200,000 NCF Enterprises 2 $100,000 $200,000 45 MKS Stables 1 $190,000 $190,000 Mike Maloney 1 $190,000 $190,000 46 J.S. McDonald 1 $185,000 $185,000 Fernando Fantini B. 4 $46,250 $185,000 47 Fiona Craig 3 $60,000 $180,000 48 Kern/Lillingston Association 1 $175,000 $175,000 D.J. Stables, Taylor Made, agent 1 $175,000 $175,000 Mueller Farm 2 $87,500 $175,000 49 T.W. Bachman 1 $170,000 $170,000 Ashfield Bloodstock 1 $170,000 $170,000 Chestnut Valley Farm 1 $170,000 $170,000 McMahon Bloodstock, agent 1 $170,000 $170,000 Takuya Fujimoto 2 $85,000 $170,000 50 Vinery 1 $160,000 $160,000 Hoby Kight 1 $160,000 $160,000 Flaxman Holdings 1 $160,000 $160,000 Edward A. Seltzer Trust 1 $160,000 $160,000 CONSIGNORS BY GROSS  |  BY AVERAGE LEADING SIRES BUYERS BY GROSS  |  BY AVERAGE 2005 KEENELAND NOVEMBER BREEDING SALE LEADING BUYERS BY AVERAGE (Session 3)            Buyer Num Gross   Average 1 Courtlandt Farm 1 $1,150,000 $1,150,000 2 Forging Oaks Farm 2 $1,025,000 $512,500 3 Eldon Farm Equine 2 $1,010,000 $505,000 4 Cumberland Bloodstock 1 $480,000 $480,000 5 Audley Farm 1 $475,000 $475,000 John & Martha Jane Mulholand 1 $475,000 $475,000 6 BGH Ranch 1 $460,000 $460,000 7 Stonestreet Mares 5 $2,165,000 $433,000 8 Calumet Farm 1 $425,000 $425,000 9 Pollack Farms 2 $830,000 $415,000 10 Cloverleaf Farms II 1 $400,000 $400,000 11 Barry Weisbord, agent 1 $360,000 $360,000 12 Buckram Oak Farm 1 $350,000 $350,000 Sheehy Brothers, agents 1 $350,000 $350,000 13 Lochlow Farm 1 $330,000 $330,000 14 Paragon Farms 2 $645,000 $322,500 15 Aaron & Marie Jones, Buzz Chace, agent 1 $320,000 $320,000 16 James Delahooke, agent 1 $310,000 $310,000 17 Midway Stable 1 $300,000 $300,000 Blue Sky Stables 1 $300,000 $300,000 Runnymede Farm, agent 1 $300,000 $300,000 Arch Bloodstock, agent 1 $300,000 $300,000 Peter Doyle Bloodstock & Plantation Stud 2 $600,000 $300,000 18 Peter E. Blum 1 $290,000 $290,000 Tara Murty, agent 1 $290,000 $290,000 Winding Road Farm 1 $290,000 $290,000 Jack Werk, agent 3 $855,000 $285,000 19 Blue Spring Farm 1 $280,000 $280,000 Keene Ridge Farm 1 $280,000 $280,000 Lavin Bloodstock 1 $280,000 $280,000 20 Anthony Stroud 2 $550,000 $275,000 Dark Hollow, agent 2 $550,000 $275,000 21 Dixiana Farm 1 $270,000 $270,000 22 Winchell Thoroughbreds, D. Fiske, agent 1 $260,000 $260,000 23 Cecil Seaman, agent 2 $510,000 $255,000 24 Johann Pavenstedt 1 $250,000 $250,000 Dividing Ridge Farm 1 $250,000 $250,000 Shadwell Estate Company . 1 $250,000 $250,000 25 Foxtale Farm 3 $740,000 $246,667 26 Frank Stronach 2 $485,000 $242,500 27 Arthur Hancock 1 $240,000 $240,000 28 Olin B. Gentry, agent 1 $230,000 $230,000 29 JMH Stables 1 $225,000 $225,000 Gaines-Gentry, agent 2 $450,000 $225,000 30 Gulf Coast Farm 8 $1,775,000 $221,875 31 Gainesway 1 $220,000 $220,000 32 Walnut Green 1 $220,000 $220,000 Dixiana Stables 1 $220,000 $220,000 Narvick International, agent 2 $440,000 $220,000 33 Greathouse Bloodstock 4 $855,000 $213,750 34 Atwood-Wells 1 $200,000 $200,000 Live Oak Stud 1 $200,000 $200,000 De Burgh Equine 1 $200,000 $200,000 John D. Gunther 1 $200,000 $200,000 Tony Lacy, agent 1 $200,000 $200,000 David J. Shimmon 2 $400,000 $200,000 Larkin Armstrong 1 $200,000 $200,000 Bradley M. Shannon, agent 1 $200,000 $200,000 William W. Lockridge, agent 1 $200,000 $200,000 35 MKS Stables 1 $190,000 $190,000 Mike Maloney 1 $190,000 $190,000 36 J.S. McDonald 1 $185,000 $185,000 37 Kern/Lillingston Association 1 $175,000 $175,000 D.J. Stables, Taylor Made, agent 1 $175,000 $175,000 38 T.W. Bachman 1 $170,000 $170,000 Ashfield Bloodstock 1 $170,000 $170,000 Chestnut Valley Farm 1 $170,000 $170,000 McMahon Bloodstock, agent 1 $170,000 $170,000 39 Fares Farm 2 $330,000 $165,000 40 Yushun Company 3 $485,000 $161,667 41 Vinery 1 $160,000 $160,000 42 Hoby Kight 1 $160,000 $160,000 43 Flaxman Holdings 1 $160,000 $160,000 44 Paradigm Thoroughbreds 2 $320,000 $160,000 45 Edward A. Seltzer Trust 1 $160,000 $160,000 46 J.S. Company 3 $450,000 $150,000 47 Vin Cox Bloodstock 1 $150,000 $150,000 48 Murayama Bloodstock 1 $150,000 $150,000 49 Halvorson Bloodstock 1 $150,000 $150,000 50 Bianca Francis Equine 1 $150,000 $150,000 CONSIGNORS BY GROSS  |  BY AVERAGE LEADING SIRES BUYERS BY GROSS  |  BY AVERAGE