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2005 KEENELAND NOVEMBER BREEDING SALE Session Two CONSIGNORS BY GROSS  |  BY AVERAGE LEADING SIRES BUYERS BY GROSS  |  BY AVERAGE 2005 KEENELAND NOVEMBER BREEDING SALE LEADING SIRES OF WEANLINGS (Session 2)           Sire Num Low High Average 1 Giant's Causeway 5 $22,000 $750,000 $294,400 2 Pulpit 3 $200,000 $370,000 $293,333 3 Fusaichi Pegasus 7 $85,000 $685,000 $284,286 4 Grand Slam 4 $95,000 $240,000 $188,750 5 Gone West 3 $75,000 $210,000 $145,000 6 Johannesburg 3 $105,000 $160,000 $125,000 7 Hennessy 3 $75,000 $185,000 $113,333 8 Include 3 $50,000 $125,000 $86,667          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 2)             Consignor Offered Sold Average Gross 1 Mill Ridge Sales 15 12 $527,500 $6,330,000 2 Eaton Sales 18 14 $413,214 $5,785,000 3 Brookdale Sales 13 12 $448,333 $5,380,000 4 Four Star Sales 20 17 $275,588 $4,685,000 5 Denali Stud 8 8 $533,750 $4,270,000 6 Paramount Sales 16 12 $324,167 $3,890,000 7 Lakland 14 12 $218,750 $2,625,000 8 Anderson Farms 10 9 $284,444 $2,560,000 9 Indian Creek 10 9 $248,333 $2,235,000 10 Blackburn Farm 2 1 $2,200,000 $2,200,000 11 James B. Keogh 15 10 $210,700 $2,107,000 12 Gainesway 7 6 $236,667 $1,420,000 13 Hartwell Farm 7 3 $465,000 $1,395,000 14 Bluegrass Thoroughbred Services 7 4 $331,250 $1,325,000 15 Michael C. Byrne 6 5 $260,000 $1,300,000 16 Ashview Farm 3 3 $383,333 $1,150,000 17 Knockgriffin Farm 4 3 $341,667 $1,025,000 18 Brereton C. Jones 9 8 $122,500 $980,000 19 Windfields Farm Limited 3 3 $303,333 $910,000 20 Blandford Stud 3 2 $417,500 $835,000 21 Dunford Farm 2 2 $372,500 $745,000 22 Bedouin Bloodstock 4 3 $236,667 $710,000 23 Mulholland Springs 1 1 $700,000 $700,000 24 TimberView Sales 4 2 $325,000 $650,000 25 Viking Stud 2 2 $285,000 $570,000 26 Kildare Stud 6 2 $280,000 $560,000 27 Nuckols Farm 3 3 $156,667 $470,000 28 Elm Tree Farm 5 5 $83,800 $419,000 29 F. Gill Aulick 2 1 $370,000 $370,000 30 Trackside Farm 2 2 $160,000 $320,000 CONSIGNORS BY GROSS  |  BY AVERAGE LEADING SIRES BUYERS BY GROSS  |  BY AVERAGE 2005 KEENELAND NOVEMBER BREEDING SALE LEADING CONSIGNORS BY AVERAGE (Session 2)            Consignor Offered Sold Gross Average 1 Blackburn Farm 2 1 $2,200,000 $2,200,000 2 Mulholland Springs 1 1 $700,000 $700,000 3 Denali Stud 8 8 $4,270,000 $533,750 4 Mill Ridge Sales 15 12 $6,330,000 $527,500 5 Hartwell Farm 7 3 $1,395,000 $465,000 6 Brookdale Sales 13 12 $5,380,000 $448,333 7 Blandford Stud 3 2 $835,000 $417,500 8 Eaton Sales 18 14 $5,785,000 $413,214 9 Ashview Farm 3 3 $1,150,000 $383,333 10 Dunford Farm 2 2 $745,000 $372,500 11 F. Gill Aulick 2 1 $370,000 $370,000 12 Knockgriffin Farm 4 3 $1,025,000 $341,667 13 Bluegrass Thoroughbred Services 7 4 $1,325,000 $331,250 14 TimberView Sales 4 2 $650,000 $325,000 15 Paramount Sales 16 12 $3,890,000 $324,167 16 Windfields Farm Limited 3 3 $910,000 $303,333 17 Viking Stud 2 2 $570,000 $285,000 18 Anderson Farms 10 9 $2,560,000 $284,444 19 Kildare Stud 6 2 $560,000 $280,000 20 Four Star Sales 20 17 $4,685,000 $275,588 21 Michael C. Byrne 6 5 $1,300,000 $260,000 22 Indian Creek 10 9 $2,235,000 $248,333 23 Gainesway 7 6 $1,420,000 $236,667 Bedouin Bloodstock 4 3 $710,000 $236,667 24 Lakland 14 12 $2,625,000 $218,750 25 James B. Keogh 15 10 $2,107,000 $210,700 26 Trackside Farm 2 2 $320,000 $160,000 27 Nuckols Farm 3 3 $470,000 $156,667 28 Kaizen Sales 3 2 $300,000 $150,000 29 Charlton 2 1 $140,000 $140,000 30 Brereton C. Jones 9 8 $980,000 $122,500

CONSIGNORS BY GROSS  |  BY AVERAGE LEADING SIRES BUYERS BY GROSS  |  BY AVERAGE 2005 KEENELAND NOVEMBER BREEDING SALE LEADING BUYERS BY GROSS (Session 2)            Buyer Num  Average  Gross 1 Stonestreet Mares 6 $583,333 $3,500,000 2 Margaret O'Toole 4 $590,000 $2,360,000 3 ClassicStar 2004 Power Foal Stable 1 $2,200,000 $2,200,000 4 Live Oak Stud 1 $2,100,000 $2,100,000 5 Dapple Bloodstock, agent 3 $666,667 $2,000,000 6 Gaines-Gentry, agent 4 $436,250 $1,745,000 7 Buckram Oak Farm 3 $550,000 $1,650,000 8 Fares Farm 5 $298,000 $1,490,000 9 AGS Thoroughbred 1 $1,400,000 $1,400,000 10 Shadwell Estate Company 4 $320,000 $1,280,000 11 Gulf Coast Farm 2 $600,000 $1,200,000 12 Dell Ridge Farm 2 $597,500 $1,195,000 13 Atoka Bloodstock & Nevertell IV 2 $537,500 $1,075,000 14 Federico Barberini, agent 1 $1,050,000 $1,050,000 Shadai Farm 2 $525,000 $1,050,000 15 Cloverleaf Farms II 4 $250,000 $1,000,000 16 L'Ormarins 3 $311,667 $935,000 17 J.S. Company 2 $402,500 $805,000 18 Swordlestown Stud 1 $800,000 $800,000 19 BBA Ireland 2 $380,000 $760,000 20 Wertheimer et Frere 1 $740,000 $740,000 21 North Wales 3 $241,667 $725,000 22 Pennston Farms 3 $233,333 $700,000 23 Tracy Farmer 1 $685,000 $685,000 24 Summit Stables 1 $675,000 $675,000 25 Overbrook Farm 1 $650,000 $650,000 Peter Doyle Bloodstock & Plantation Stud 1 $650,000 $650,000 26 Lazy Lane Farms 2 $317,500 $635,000 Jack Werk, agent 2 $317,500 $635,000 27 Dennis Yokum, agent 1 $600,000 $600,000 28 Winners, agent 2 $285,000 $570,000 Murayama Bloodstock 2 $285,000 $570,000 29 Maruya Yoshida 1 $550,000 $550,000 De Burgh Equine 1 $550,000 $550,000 30 Hanzawa Limited 2 $270,000 $540,000 31 Katsumi Yoshida 2 $267,500 $535,000 32 Swifty Farms 1 $525,000 $525,000 33 Ian Banwell 1 $500,000 $500,000 Arthur Hancock 1 $500,000 $500,000 34 Chelsea Virginia 3 $165,000 $495,000 35 US Stables 1 $475,000 $475,000 36 Peter Vegso 1 $460,000 $460,000 37 Anthony Stroud 1 $450,000 $450,000 Arthur I. Appleton 1 $450,000 $450,000 38 Aspiration Stud 3 $146,667 $440,000 39 Yushun Company 2 $205,000 $410,000 North Hills Management 2 $205,000 $410,000 40 Winsong Farms, James Delahooke, agent 2 $195,000 $390,000 41 Mueller Farm 1 $380,000 $380,000 42 Chestnut Valley Farm 2 $187,500 $375,000 43 Mayberry Farm 1 $370,000 $370,000 44 Audley Farm 1 $350,000 $350,000 45 Claiborne Farm 1 $330,000 $330,000 46 Summerhill 1 $320,000 $320,000 47 R.J. Bennett, agent 1 $310,000 $310,000 48 M.A.B. Agency 3 $101,667 $305,000 49 Kathryn Nikkel, agent 1 $300,000 $300,000 Green Lantern Stables 1 $300,000 $300,000 Peter Doyle Bloodstock 1 $300,000 $300,000 Heiligbrodt Racing Stable 1 $300,000 $300,000 Sheehy Brothers, agents 2 $150,000 $300,000 50 Masatake Iida 1 $290,000 $290,000 CONSIGNORS BY GROSS  |  BY AVERAGE LEADING SIRES BUYERS BY GROSS  |  BY AVERAGE 2005 KEENELAND NOVEMBER BREEDING SALE LEADING BUYERS BY AVERAGE (Session 2)            Buyer Num Gross   Average 1 ClassicStar 2004 Power Foal Stable 1 $2,200,000 $2,200,000 2 Live Oak Stud 1 $2,100,000 $2,100,000 3 AGS Thoroughbred 1 $1,400,000 $1,400,000 4 Federico Barberini, agent 1 $1,050,000 $1,050,000 5 Swordlestown Stud 1 $800,000 $800,000 6 Wertheimer et Frere 1 $740,000 $740,000 7 Tracy Farmer 1 $685,000 $685,000 8 Summit Stables 1 $675,000 $675,000 9 Dapple Bloodstock, agent 3 $2,000,000 $666,667 10 Overbrook Farm 1 $650,000 $650,000 Peter Doyle Bloodstock & Plantation Stud 1 $650,000 $650,000 11 Gulf Coast Farm 2 $1,200,000 $600,000 Dennis Yokum, agent 1 $600,000 $600,000 12 Dell Ridge Farm 2 $1,195,000 $597,500 13 Margaret O'Toole 4 $2,360,000 $590,000 14 Stonestreet Mares 6 $3,500,000 $583,333 15 Maruya Yoshida 1 $550,000 $550,000 De Burgh Equine 1 $550,000 $550,000 Buckram Oak Farm 3 $1,650,000 $550,000 16 Atoka Bloodstock & Nevertell IV 2 $1,075,000 $537,500 17 Shadai Farm 2 $1,050,000 $525,000 Swifty Farms 1 $525,000 $525,000 18 Ian Banwell 1 $500,000 $500,000 Arthur Hancock 1 $500,000 $500,000 19 US Stables 1 $475,000 $475,000 20 Peter Vegso 1 $460,000 $460,000 21 Anthony Stroud 1 $450,000 $450,000 Arthur I. Appleton 1 $450,000 $450,000 22 Gaines-Gentry, agent 4 $1,745,000 $436,250 23 J.S. Company 2 $805,000 $402,500 24 BBA Ireland 2 $760,000 $380,000 25 Mueller Farm 1 $380,000 $380,000 26 Mayberry Farm 1 $370,000 $370,000 27 Audley Farm 1 $350,000 $350,000 28 Claiborne Farm 1 $330,000 $330,000 29 Summerhill 1 $320,000 $320,000 Shadwell Estate Company 4 $1,280,000 $320,000 30 Lazy Lane Farms 2 $635,000 $317,500 Jack Werk, agent 2 $635,000 $317,500 31 L'Ormarins 3 $935,000 $311,667 32 R.J. Bennett, agent 1 $310,000 $310,000 33 Kathryn Nikkel, agent 1 $300,000 $300,000 Green Lantern Stables 1 $300,000 $300,000 Peter Doyle Bloodstock 1 $300,000 $300,000 Heiligbrodt Racing Stable 1 $300,000 $300,000 34 Fares Farm 5 $1,490,000 $298,000 Masatake Iida 1 $290,000 $290,000 35 Winners, agent 2 $570,000 $285,000 Murayama Bloodstock 2 $570,000 $285,000 36 Ashwood Trace Farm 1 $280,000 $280,000 37 Lael Stable, Nicoma, agent 1 $275,000 $275,000 38 Southgate Farm 1 $270,000 $270,000 Hanzawa Limited 2 $540,000 $270,000 39 Katsumi Yoshida 2 $535,000 $267,500 40 William Reightler, agent 1 $260,000 $260,000 41 Walnut Green 1 $250,000 $250,000 Crazy Lane Racing 1 $250,000 $250,000 Cloverleaf Farms II 4 $1,000,000 $250,000 Cumberland Bloodstock 1 $250,000 $250,000 42 North Wales 3 $725,000 $241,667 43 Thorndale Farm 1 $240,000 $240,000 Marc A. Wampler 1 $240,000 $240,000 44 Calumet Farm 1 $235,000 $235,000 45 Pennston Farms 3 $700,000 $233,333 46 Edward Evans 1 $210,000 $210,000 Josham Farms, agent 1 $210,000 $210,000 47 Yushun Company 2 $410,000 $205,000 North Hills Management 2 $410,000 $205,000 48 Paragon Farms 1 $200,000 $200,000 John D. Gunther 1 $200,000 $200,000 Vin Cox Bloodstock 1 $200,000 $200,000 Man O' War Bloodstock 1 $200,000 $200,000 49 Winsong Farms, James Delahooke, agent 2 $390,000 $195,000 50 Castle Farm Stud 1 $190,000 $190,000 CONSIGNORS BY GROSS  |  BY AVERAGE LEADING SIRES BUYERS BY GROSS  |  BY AVERAGE