SALES RESULTS SUMMARY (DAY 2)

	HEAD	GROSS SALES	SALE AVERAGE	MEDIAN	NOT SOLD	OUT
Broodmares	149	$1,199,800	$8,052	$4,000	63	33
Stallions	3	$26,000	$8,667	$4,000	0	0
Weanlings	39	$157,900	$4,049	$2,000	21	20
SESSION TOTAL	191	$1,383,700	$7,245	$3,000	84	53

COMPARISON FROM LAST YEAR (DAY 2)

	HEAD	GROSS SALES	SALE AVERAGE	MEDIAN	NOT SOLD	OUT
Broodmares	133	$872,700	$6,562	$3,000	41	29
Stallions	3	$19,900	$6,633	$5,200	2	0
Weanlings	41	$199,200	$4,859	$3,000	12	14
SESSION TOTAL	177	$1,091,800	$6,168	$3,000	55	43

SALES RESULTS SUMMARY (OVERALL)

	HEAD	GROSS SALES	SALE AVERAGE	MEDIAN	NOT SOLD	OUT
Broodmares	195	$1,452,900	$7,451	$4,000	85	40
Stallions	3	$26,000	$8,667	$4,000	0	0
Weanlings	52	$219,200	$4,215	$2,600	32	30
Yearlings	74	$296,800	$4,011	$2,850	18	27
Horses of Racing Age	68	$1,823,300	$26,813	$5,000	2	26
SALE TOTAL	392	$3,818,200	$9,740	$3,500	137	123

COMPARISON FROM LAST YEAR (OVERALL)

	HEAD	GROSS SALES	SALE AVERAGE	MEDIAN	NOT SOLD	OUT
Broodmares	187	$1,139,600	$6,094	$3,200	53	40
Stallions	5	$43,900	$8,780	$8,000	2	0
Weanlings	53	$239,800	$4,525	$2,100	20	16
Yearlings	88	$440,400	$5,005	$2,500	24	18
Horses of Racing Age	35	$190,800	$5,451	$3,000	3	6
SALE TOTAL	368	$2,054,500	$5,583	$2,850	102	80

TWENTY HIGHEST PRICES

28   TENGA CAT, 2003 dk.b./br.c., Storm Cat - Tenga            $250,000

92   MIDNIGHT EXCESS, 2004 dk.b./br.c., In Excess              $205,000
       (IRE) - Soaring Jewel

97   ORIENTATE SLEW, 2004 dk.b./br.c., Orientate - Slewveau    $180,000

38   A DUBAI, 2004 dk.b./br.c., E Dubai - Insipid              $170,000

429  CEE'S ELEGANCE, 1997 gr./ro.m., Cee's Tizzy -             $140,000
       Elegant Beauty {Salt Lake}

59   DEVIL AGAIN, 2004 ch.c., Awesome Again - Devil's          $100,000
       Dispute

78   WICKEDNWACKYINGRID, 2005 b.f., High Yield -                $95,000
       Buttercup's Song

466  DESERT PEARLS, 2000 b.m., Dixieland Band -                 $95,000
       Pleasant Sunshine {Salt Lake}

498  FASHION AND STYLE, 1999 dk.b./br.m., Avenue of             $90,000
       Flags - Excellent Lady {More Than Ready}

69   GAME A. P., 2004 dk.b./br.c., A.P. Indy - Tricky Game      $70,000

70   GIANT BELTWAY, 2004 b.c., Giant's Causeway - Belterra      $70,000

565  JEWEL OF THE NIGHT, 2002 ch.m., Giant's Causeway           $67,000
       - Jeweled Lady {Salt Lake}

52   CAT BRULAY, 2004 b.c., Storm Cat - Brulay                  $65,000

14   SAINT SPOT, 2003 b.c., Saint Ballado - Garden Spot         $57,000

44   BALLADO'S GOLD, 2003 ch.c., Saint Ballado -                $47,000
       Golden Ballet

46   BEAU SMOKE, 2004 gr./ro.c., Smoke Glacken - Beau Blush     $47,000

2    PETITION THE LADY, 2005 ch.f., Petionville -               $40,000
       Jeweled Lady

582  LADY OF THE HOUSE, 2001 b.m., Free House - Sharp           $40,000
       Looking Lady {Benchmark}

632  MODERN DRAMA, 1996 dk.b./br.m., Seattle Slew -             $36,000
       America Drama {Good Reward}

1    PAST TENDER (IRE), 2003 dk.b./br.g., Indian                $33,000
       Danehill - Escudo
TOP TEN PURCHASERS
Grant S. Truman                                    1     $250,000    $250,000
Craig Lewis, Agt for Al & Sandee Kirkwood          1     $205,000    $205,000
NW Management                                      2     $183,000     $91,500
Mike Machowsky, Agent                              1     $170,000    $170,000
Pam & Martin Wygod                                 3     $156,500     $52,167
Dale Baird                                        13     $149,200     $11,477
Rick Taylor, Agent                                 7     $137,700     $19,671
C-Punch Ranch, Inc.                                2     $115,000     $57,500
Lee and Susan Searing                              4     $111,700     $27,925
Luis A. Asistio                                    2     $101,100     $50,550
TOP TEN CONSIGNORS
Havens Bloodstock Agency, Inc., Agent for         17   $1,322,500     $77,794
   Stan E. Fulton (Dispersal of HRA)
Golden Eagle Farm (Phase 2 of a Major             70   $1,019,900     $14,570
   Reduction)
Cardiff Stud Farms, Agent                         54     $347,100      $6,428
River Edge Farm, Inc., Agent                      25     $167,300      $6,692
Havens Bloodstock Agency, Inc., Agent             22     $106,400      $4,836
Mary Knight, Agent                                35      $98,100      $2,803
Bruno De Berdt, Agent                              8      $70,000      $8,750
Sam Hendricks, Agent                              20      $56,700      $2,835
Tommy Town Thoroughbreds, LLC                     14      $51,600      $3,686
Havens Bloodstock Agency, Inc., Agent (A           2      $49,000     $24,500
   Complete Dispersal)