Thank you for considering Spendthrift stallions for the 2009 breeding season.

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2 Since the purchase of Spendthrift Farm in 2004, B. Wayne Hughes has made tremendous improvements to the historic property. Renovations have been completed on the breeding shed, office and stallion barn, and work is currently underway on the Nashua Motel stallion barn. We hope that you will appreciate the improvements on your next visit to see the Spendthrift stallions. Spendthrift has also expanded its roster for 2009 with the addition of three new stallions: Notional, Tiz Wonderful and Into Mischief. Please come by and see these exciting stallion additions, along with Action This Day, Don t Get Mad, Teton Forest and Malibu Moon. And please visit spendthriftfarm.com for sensational racing highlights. Thank you for considering Spendthrift stallions for the 2009 breeding season. - B. Wayne Hughes

3 Action This Day $10,000 Don t Get Mad $3,000 Into Mischief $12,500 Malibu Moon $40,000 Notional $10,000 Teton Forest $5,000 Tiz Wonderful $12,500

4 Breeders Cup Juvenile Winner and Eclipse Champion 2YO Action This Day is an Eclipse Champion Juvenile by the legendary Kris S., and his first crop of 2-year-olds in 2008 have displayed similar quality and precociousness, as Action This Day has sired stakes winner Night Action and top west coast juvenile Majormotionpicture. Eclipse Champion 2-Year-Old Male Decisive winner of the Breeders Cup Juvenile (G1) First-crop 2-year-old winners include Night Action, winner of the $200,000 Cradle S Fee: $10,000 (stands and nurses)

5 Monster of the Midwest Don t Get Mad was a top horse of his generation racing in the Midwest. He won the Northern Dancer BC (G2) by 3 ¼ lengths and the Derby Trial by 7 lengths. A troubled fourth in the Kentucky Derby (G1) was his lone defeat from six starts at ages 2 and 3 racing in the Midwest. Undefeated juvenile in two starts by 7 ½ combined lengths at Churchill Downs Won Indiana Derby (G2) decisively with a 105 Beyer Earned $793, Fee: $3,000 (stands and nurses)

6 New for 2009 Into Mischief defeating multiple G1 winner Colonel John (right) in the CashCall Futurity (G1). Horsephotos Grade I Winner and Top Juvenile of 2007 Into Mischief was the premier 2-year-old on the West Coast and one of the tops in the nation in 2007 following his impressive win in the $750,000 CashCall Futurity (G1), defeating G1 winners Colonel John & Monba, G2 winners Eaton s Gift & Tres Borrachos, and G3 winners Massive Drama & Sierra Sunset. Also at 2, won debut by 2 ½ and was second in Hollywood Prevue (G3) At 3, runner-up to G1 winner Georgie Boy in San Vicente (G2) Best runner by red-hot sire Harlan s Holiday 2009 Fee: $12,500 (stands and nurses)

7 The Leading Son by Sire of Sires A.P. Indy Malibu Moon is A.P. Indy s leading sire on the racetrack and in the sales ring. He has sired more than 30 stakes winners and has had strong yearling and 2-year-old averages at auction, and the future is bright with his progeny from his best books of mares yet to hit the track. Sire of Eclipse Champion Juvenile Declan s Moon (G1) and track record-setter Malibu Mint (G1), as well as three other graded stakes winners In 2008, sire of more than 10 stakes winners In 2008, 2-year-olds up to $700,000 and yearlings up to $375,000 at auction 2009 Fee: $40,000 (payable 11/1/09)

8 Notional was a leading 3-year-old on the Triple Crown trail after his win in the San Rafael Stakes (G2). New for 2009 Horsephotos MGSW from the Sire Line of Indian Charlie Notional is a grand-looking individual who hails from a hot sire line that has produced such top stallions as current leading sire Indian Charlie. A premier miler, Notional won 4-of-6 starts on dirt from 6-to-8 ½ furlongs, including three graded victories, and displayed speed, precociousness and versatility. At 2, broke his maiden in first start with 105 Beyer At 3, won San Rafael (G2) & Risen Star (G3), second in Florida Derby (G1) At 4, won Salvator Mile (G3) with a 109 Beyer 2009 Fee: $10,000 (stands and nurses)

9 Top Miler by Leading Sire Forestry Teton Forest is the first son of top sire Forestry to retire to stud. The brilliant Grade 2-winning miler was represented by his first crop of 2-year-olds to hit the racetrack in 2008, which includes impressive winners Smokey Lonesome and 7-length maiden winner Man o Wonder. Won Jerome H. (G2) by 6 lengths in his final start Earned Beyers of 110, 109 & 106 from eight starts His first winners include Smokey Lonesome, 5f in : Fee: $5,000 (stands and nurses)

10 Tiz Wonderful defeating G1 winner Any Given Saturday (left) in the Kentucky Jockey Club Stakes (G2) to remain perfect at 2. New for 2009 Horsephotos Undefeated Juvenile and Son of Leading Sire Tiznow Tiz Wonderful was a top juvenile of his generation and is by champion juvenile sire and a leading general sire Tiznow. He was perfect in three starts at two, winning them by a combined 20 lengths while defeating top competition in fast fashion. Most impressive debut winner at Saratoga, winning by 12 ½ lengths with a 99 Beyer Won Iroquois (G3) by 6 ¾ lengths in just his second start An early Derby favorite after beating Any Given Saturday 2009 Fee: $12,500 (stands and nurses)

11 B. Wayne Hughes Ned Toffey, General Manager 884 Iron Works Pike Lexington, KY Fax Des Dempsey Ken Wilkins Photography by: Equisportphotos, Joy Gilbert, Horsephotos

12 With past as prologue. William Shakespeare *ALIBHAI SWAPS NEVER BEND FOOLISH PLEASURE *ARDAN NASHUA RAISE A NATIVE WAJIMA ROYAL CHARGER PRINCE JOHN HAIL TO ALL SEATTLE SLEW *TUDOR MINSTREL *GALLANT MAN PROUD CLARION J. O. TOBIN JET PILOT BALD EAGLE EXCLUSIVE NATIVE AFFIRMED MY BABU (FR) WARFARE MAJESTIC PRINCE AL NASR (FR) DARK STAR DECIDEDLY CARO (IRE) TURN-TO JAIPUR KENNEDY ROAD