Super Start to Ready to Run Sale

20 November 2007

New Zealand Bloodstock's 2007 Ready to Run Sale of 2YOs�got off to a strong start today at Karaka with the half-way results showing even further growth on last year's record Sale.

After 203 of the 404 lots catalogued, the average is NZ$58,508, up $10,000 (21%) from the same point in the Sale last year, and up 17% from last year's record final average of $50,085. The median is currently tracking at $40,000, the same as last year's record which was up�33% on the previous year. �

The highlight came in the first hour when the Zabeel colt from Carnegie mare Carnegie Hikari (Lot 31), a half-sister to G.1 Queensland Oaks winner Vouvray, was offered by Janine Dunlop's Phoenix Park. The colt was knocked down to John White Bloodstock for NZ$310,000�making it the fourth highest lot�ever sold at this Sale.

Phoenix Park, the leading vendor of the day with eight horses sold for an average of NZ$153,125, have another eight horses scheduled to go through the ring tomorrow.

With results that reflect�the broad buying bench of Australian, Hong Kong, Singaporean, Malaysian, Korean and local buyers in attendance, it was prominent�New Zealand�buyer David Ellis who topped the buyers list for the day.��His four purchases for NZ$750,000�included a top price of NZ$250,000 paid for the Encosta de Lago filly out of Danehill mare Crystalina at Lot 63.

Also prominent in the day's results were Willie Leung's Magus Equine, Mick Dittman, Jerry Sung, Dean Wiles and the Korean Racing Association (Busan) which has purchased 14�two-year-olds so far.�

The 2007 Ready to Run Sale�continues tomorrow at Karaka with�the remaining 200 lots set to start selling at 11am. The Sale�will also be streamed live on New Zealand Bloodstock's website.

RTR 2007: Day One Statistics

2007 2006�(Final)
AVERAGE $58,508 $50,085
MEDIAN $40,000 $40,000
CLEARANCE 66% 73%
AGGREGATE $7,021,000 (120 Lots Sold) $9,866,750 (197 Lots Sold)
TOP LOT $310,000 (B.C Zabeel x Carnegie Hikari) $350,000 (G.C Galileo x Heather)

Top Lots

Lot Breeding Vendor Purchaser Price
31 b.c Zabeel / Carnegie Hikari PHOENIX PARK JOHN WHITE BLOODSTOCK (Cambridge) $310,000
63 b.f Encosta de Lago / Crystalina LYNDHURST FARM MR DC ELLIS (Te Akau) $250,000
81 b.c Red Ransom / Diamond Hill ESKER LODGE MR DC ELLIS (Te Akau) $225,000
104 b.c Golan / Far South PHOENIX PARK MR EDMOND LEE (Cambridge) $210,000
179 c.c Secret Savings / Kristofle ANZAC LODGE MS MA KAM CHING
(Hong Kong)
$210,000
147 br.f Encosta de Lago / Howkudai LYNDHURST FARM MR DC ELLIS (Te Akau) $200,000
112 b.g Volksraad / Fleeting Magic AMITY LODGE PIERO CO LTD (Hong Kong) $170,000
175 b.c Exceed and Excel / Kingston Red LUCKY DICE RACING MAGUS EQUINE (Hong Kong) $170,000
126 b.g Elusive City / Giuliana PHOENIX PARK ROGERSON BLOODSTOCK (Hamilton) $155,000
10 br.c Pentire / Big to Do MRS N TANNER MR MICK DITTMAN (Singapore) $150,000

Leading�Purchasers by Aggregate

Purchaser Bought Aggreagte Average Top Price
NEW ZEALAND BLOODSTOCK (as agent)

26

$930,500 $35,788

Lot 54 $130,000

MR DC ELLIS

4

$750,000 $187,500

Lot 63 $250,000

MAGUS EQUINE

6

$470,000 $78,333

Lot 175 �$170,000

JOHN WHITE BLOODSTOCK LTD

1

$310,000 $310,000

Lot 31 $310,000

MR MICK DITTMAN

4

$307,000 $76,750

Lot 10 $150,000

ROGERSON BLOODSTOCK

2

$235,000 $117,500

Lot 126 $155,000

MR DR WILES

5

$231,000 $46,200

Lot 83 $115,000

MR J SUNG

3

$220,000 $73,333

Lot 59 $80,000

MS MA KAM CHING

1

$210,000 $210,000

Lot 179 $210,000

MR EDMOND LEE

1

$210,000 $210,000

Lot 104 $210,000