Virginia Hunter & Sport Horse Fall Sale UP Signficantly from 2008

Virginia Hunter & Sport Horse Fall Sale UP Signficantly from 2008 Virginia Hunter & Sport Horse Fall Sale was up signficantly from 2008 fall auction. Statistics show a rebound in nearly all statistical categories. Many of the statistical measures neared record levels. The sale was held on October 31 at Morven Park International Equstrian Center in Leesburg, Virginia. Overall price... UP 24% (3rd Highest) Premier Price... UP 101% (2nd Highest) Top 10 Price... UP 42% (New Record)... UP 41% (2nd Highest) Number sold at $10,000 or more... UP 40% (New Record) Sales... UP 31% (3rd Highest) Percentage Sold 70%... UP from 61% in 2008. The only market statistic that fell was the median, which dropped 7%. This indicates that the buyer pool remains selective. The Virginia Hunter & Sport Horse Series of auctions returns to Frying Pan Park in Herndon, Virginia in 2010. The park has recently completed construction of new barns. Full results are available on professionalauction.com. 15 First Street, Berryville, VA 22611 (800) 240-7900 Fax (540) 955-0881 info@professionalauction.com www.professionalauction.com

2009 Virginia Hunter & Bloodstock Fall RESULTS Sale Results - All Sessions $2,986 $22,000 Percent Sold 71% $286,660 # Sold 96 Not Sold 40 s 14 Horse Session $2,138 $81,250 $10,700 # Sold 38 Not Sold 18 s 10 $250 Horse Supplement Session $3,417 $10,250 $7,500 # Sold 3 Not Sold 1 s 0 $1,150 Pony Session $1,421 $51,160 $5,000 # Sold 36 Not Sold 11 s 3 $250 Pony Supplement Session $2,675 $5,350 $3,800 # Sold 2 Not Sold 3 s 0 $1,550 Premier Session $8,156 $138,650 $22,000 # Sold 17 Not Sold 7 s 1 $1,000 15 First Street Berryville, VA 22611 (800) 240-7900 Fax (540) 955-0881 E-mail : info@professionalauction.com Web Site: www.professionalauction.com Professional AUCTION SERVICES, INC.

High Selling Horses 2009 Virginia Hunter & Bloodstock Fall 70 Bellagio 2003 Bay Westphalen Gelding Sire Latin Lover (Old) Dam Stargate (Wurtt) Hans Hofschroer HH Sporthorse Enterprise Sale $22,000.00 83 Nana 1998 Bay Holsteiner Mare Sire Merano Dam Viola Nona Garson The Ridge Farm 78 I m Legit 2002 Black Bay Oldenburg Gelding Sire Inbegriff Dam Catinka Lauren Seitz Whistling Ridge Farm 84 October Road 2000 Grey Warmblood Gelding Sire Unknown Dam Unknown Shannon Dickinson, nt Brightside Stables 85 Cair Paravel 2000 Chestnut / Sabino Mecklenburg Gelding Sire Unknown Dam Unknown Chad Keenum, nt CK Sporthorses 144 Eliana 2004 Bay Belgian Warmblood Mare Sire Nikolas Dam Rivanna Lisa Mitchell, nt Foxfield Farm $21,000.00 $16,700.00 $13,700.00 $13,500.00 $10,700.00

122 Sun On Cedars 2003 Bay / Tobiano Paint Gelding Sire Chiefton Sunny D Dam Cedar Princess (TB) Patti S. Nelson 75 Grande Divina 1997 Chestnut Sabino Oldenburg Mare Sire Grande Saber Dam Al s Valentine Winner at Devon & Dressage at Devon Full sister to GRANDE AFFAIR Bred to ALOHA. Jill Johnson, nt Hunters Peak 71 First Things First 1999 Black Oldenburg Cross Mare Sire Rubenz Dam Slewpy s Beauty Baby Green Champion Nicole Guerrazzi 170 Decadence Peggy Wenger Clear View Farm 2006 Grey Oldenburg Mare Sire DeLaurentis Dam Skip n And a Jump n Stonewood $10,000.00 $9,100.00 $7,900.00 $7,500.00 80 Kohi Noor 2002 Bay Oldenburg Mare Sire Cor Noir (Hol) Dam Hillary Rheinheimer, nt Perfect Spirit Foggy Meadow Farm $7,400.00

Results By 2009 Virginia Hunter & Bloodstock Fall Sale Totals $2,986 $22,000.00 $250.00 $286,660 # Sold 96 Not Sold 40 s 14 Appaloosa / TB Cross $375 $375 Appendix Quarter Horse Belgian Warmblood $2,600 $2,600 $7,600 $15,200 Canadian Sport Horse $2,150 $2,150 Connemara / Oldenburg Crossbred $1,225 $2,450 Crossbred Oldenburg Crossbred Welsh Dutch Cross $1,452 $36,300 $1,125 $1,125 $375.00 $375.00 # Sold 1 Not Sold 0 s 0 $2,600.00 $2,600.00 # Sold 1 Not Sold 0 s 0 $10,700.00 $4,500.00 # Sold 2 Not Sold 0 s 0 $2,150.00 $2,150.00 # Sold 1 Not Sold 0 s 0 # Sold 0 Not Sold 0 s 1 $1,850.00 $600.00 # Sold 2 Not Sold 1 s 0 # Sold 0 Not Sold 1 s 0 $5,000.00 $250.00 # Sold 25 Not Sold 9 s 1 $1,125.00 $1,125.00 # Sold 1 Not Sold 0 s 0

Results By 2009 Virginia Hunter & Bloodstock Fall Sale German Warmblood Half Welsh Hanoverian Hanoverian Cross Holsteiner Holsteiner Cross Irish Draught Sport Irish Sport Horse Mecklenburg Oldenburg $1,300 $1,300 $1,560 $1,560 $1,100 $1,100 $4,858 $29,150 $3,450 $3,450 $4,200 $4,200 $13,500 $13,500 $8,900 $44,500 $1,300.00 $1,300.00 # Sold 1 Not Sold 0 s 0 $1,560.00 $1,560.00 # Sold 1 Not Sold 1 s 0 # Sold 0 Not Sold 1 s 1 $1,100.00 $1,100.00 # Sold 1 Not Sold 0 s 0 $21,000.00 $350.00 # Sold 6 Not Sold 0 s 0 $3,450.00 $3,450.00 # Sold 1 Not Sold 0 s 0 $4,200.00 $4,200.00 # Sold 1 Not Sold 0 s 0 # Sold 0 Not Sold 0 s 1 $13,500.00 $13,500.00 # Sold 1 Not Sold 0 s 0 $16,700.00 $3,800.00 # Sold 5 Not Sold 0 s 1

Results By 2009 Virginia Hunter & Bloodstock Fall Sale Oldenburg Cross Paint Pinto Pony QH QH Cross Quarter Horse Selle Francais TB TB Cross $6,400 $12,800 $2,988 $17,925 $1,888 $3,775 $1,550 $1,550 $1,150 $1,150 $2,144 $8,575 $938 $7,500 $1,000 $1,000 $7,900.00 $4,900.00 # Sold 2 Not Sold 0 s 1 $10,000.00 $300.00 # Sold 6 Not Sold 2 s 0 $2,000.00 $1,775.00 # Sold 2 Not Sold 0 s 0 $1,550.00 $1,550.00 # Sold 1 Not Sold 0 s 0 $1,150.00 $1,150.00 # Sold 1 Not Sold 0 s 1 # Sold 0 Not Sold 1 s 0 $3,750.00 $475.00 # Sold 4 Not Sold 2 s 1 # Sold 0 Not Sold 0 s 1 $2,000.00 $250.00 # Sold 8 Not Sold 8 s 2 $1,000.00 $1,000.00 # Sold 1 Not Sold 1 s 0

Results By 2009 Virginia Hunter & Bloodstock Fall Sale Thoroughbred Trakehner Warmblood Warmblood Cross Welsh Westfalen Cross Westphalen $766 $6,125 $9,250 $18,500 $3,944 $15,775 $1,505 $7,525 $3,500 $3,500 $22,000 $22,000 $1,650.00 $250.00 # Sold 8 Not Sold 7 s 0 # Sold 0 Not Sold 0 s 1 $13,700.00 $4,800.00 # Sold 2 Not Sold 0 s 0 $5,400.00 $1,175.00 # Sold 4 Not Sold 1 s 2 $3,400.00 $525.00 # Sold 5 Not Sold 3 s 0 $3,500.00 $3,500.00 # Sold 1 Not Sold 0 s 0 $22,000.00 $22,000.00 # Sold 1 Not Sold 2 s 0

RESULTS Sorted by Gender 2009 Virginia Hunter & Bloodstock FallSale GELDING MARE $22,000 $250 $21,000 $250 $3,387 $2,627 # Sold 45 Not Sold 22 s 11 # Sold 49 Not Sold 17 s 3 STALLION $3,400 $2,100 $2,750 # Sold 2 Not Sold 1 s 0 Sale Totals $2,986 $22,000 # Sold 96 Not Sold 40 s 14

2009 Virginia Hunter & Bloodstock Fall Sale Results By 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 16 17 18 $2,100 $2,100 $510 $2,550 $738 $1,475 $1,579 $11,050 $2,308 $25,385 $3,402 $37,425 $3,418 $47,850 $4,287 $55,725 $960 $4,800 $5,821 $34,925 $2,429 $17,000 $7,558 $22,675 $3,310 $16,550 $1,458 $4,375 $2,000 $2,000 $425 $425 $350 $350 $2,100 $2,100 # Sold 1 Not Sold 0 s 2 $1,000 $250 # Sold 5 Not Sold 2 s 0 $875 $600 # Sold 2 Not Sold 3 s 1 $7,500 $250 # Sold 7 Not Sold 5 s 0 $5,400 $375 # Sold 11 Not Sold 3 s 0 $10,700 $375 # Sold 11 Not Sold 8 s 3 $22,000 $300 # Sold 14 Not Sold 2 s 1 $16,700 $525 # Sold 13 Not Sold 4 s 1 $2,000 $250 # Sold 5 Not Sold 2 s 2 $13,700 $450 # Sold 6 Not Sold 2 s 0 $7,900 $250 # Sold 7 Not Sold 3 s 1 $21,000 $575 # Sold 3 Not Sold 2 s 0 $9,100 $400 # Sold 5 Not Sold 1 s 1 $1,700 $1,200 # Sold 3 Not Sold 0 s 2 # Sold 0 Not Sold 3 s 0 $2,000 $2,000 # Sold 1 Not Sold 0 s 0 $425 $425 # Sold 1 Not Sold 0 s 0 $350 $350 # Sold 1 Not Sold 0 s 0 Totals $2,986 $22,000.00 $250.00 $286,660 # Sold 96 Not Sold 40 s 14

Top Bids - NOT SOLD 2009 Virginia Hunter & Bloodstock Fall Sale Not Sold at $29,200.00 76 Floresca 2002 Bay Westphalen Mare Jumping Class Winner in Germany Not Sold at $19,500.00 64 Avingnon 2001 Bay Westphalen Mare Not Sold at Not Sold at Not Sold at $7,200.00 67 Delovely 2007 Chestnut TB Mare 2nd in Sallie Wheeler & at Warrenton $7,200.00 137 Custom Edition 2003 Dark Bay Thoroughbred Gelding $6,600.00 26 Falling Moon Manhattan 2004 Chestnut Crossbred Welsh Mare Champion In-Hand at Upperville & Loudoun NHPBC Series & VPBA Champion Professional AUCTION SERVICES, INC. 15 First Street Berryville, VA 22611 (800) 240-7900 Fax (540) 955-0881 E-mail info@professionalauction.com Web Site: www.professionalauction.com

2009 VIRGINIA HUNTER & BLOODSTOCK FALL SALE - RESULTS Hip # $2,986 # Sold 96 $22,000 # Not Sold 40 Horse Sex 1 Queen Of Hearts Crossbred 10 mare 2 Rolly Poly Crossbred 9 mare 3 Roulette Crossbred 4 gelding Percent Sold s Price $4,500.00 $450.00 $1,000.00 71% 14 NS NS Price 4 Royal Blue Crossbred 5 mare NS $1,000.00 5 Wind Dancer Fidgit Half Welsh 4 mare 6 Seven Hills Spirit Of Pasiant Welsh 7 mare 7 Shenandoah Mistrel Welsh 5 stallion 8 SHF Zippinthruboston Quarter Horse 4 gelding 9 Storm Kitten Encounter Crossbred 1 mare 10 Twice As Nice Crossbred 6 mare 11 Tully Cross Fiona Crossbred 1 mare 12 s Mainsail Crossbred 7 mare 13 Sailor German 6 gelding 14 Wicklyn s Charm Bracelet Welsh 5 mare $1,560.00 $525.00 $3,400.00 $1,600.00 $250.00 $750.00 $250.00 $2,500.00 $1,300.00 $575.00 15 Wicklyn s Drama Queen Welsh 3 mare NS $425.00 16 Wicklyn s Royal Heir Welsh 2 gelding NS $250.00 17 Summer Edition Crossbred 9 mare 18 Yes I Can Crossbred 13 gelding 19 Abbey Road Crossbred 7 mare 20 A Blossom Of Color Pinto 8 mare 21 Artwork Crossbred 2 gelding $550.00 $1,475.00 $5,000.00 $2,000.00 $875.00 22 Bug s Bunny Crossbred 6 mare NS $3,300.00 23 Daddy s Money Crossbred 12 gelding 24 Divine By Design Oldenburg 0 mare 25 Dragoncroft Sand Pebbles Welsh 14 mare NS $1,700.00 26 Falling Moon Manhattan Crossbred 5 mare NS $6,600.00 27 For Petes Sake Crossbred 10 gelding NS $3,000.00 28 Gandolf Paint 6 gelding 29 Jigsaw Puzzle Crossbred 3 gelding $300.00 $250.00 30 Gilded Lily Crossbred 3 mare NS $1,500.00 31 Finding Nemo Crossbred 4 gelding 32 Greyscale Crossbred 8 gelding 33 Glass View s Peppermint Crossbred 4 mare 34 Heaven Hills Bella Crossbred 3 mare 35 I ve Got A Secret Crossbred 0 stallion 36 Napoleon Dynamite Crossbred 12 gelding 37 Katrina s Encounter Crossbred 1 mare 38 Hi N Mighty Midas Crossbred 6 gelding 39 Glass View s Raven On Call Crossbred 4 gelding $2,200.00 $425.00 $375.00 $400.00 $2,100.00 $400.00 $1,000.00 $3,400.00 $4,300.00 40 Jaxson Crossbred 2 gelding NS $300.00 41 Legendary Crossbred 13 gelding 42 Lovebug Welsh 4 mare $1,700.00 $1,100.00 43 Heaven s Dash Of Blue Crossbred 1 stallion NS $250.00 Professional AUCTION SERVICES, INC. 15 First Street Berryville, VA 22611 (800) 240-7900 Fax (540) 955-0881 E-mail info@professionalauction.com Web Site: professionalauction.com

2009 VIRGINIA HUNTER & BLOODSTOCK FALL SALE RESULTS Hip # Horse Sex Price NS NS Price 44 Leaksdale Flicka Welsh 10 mare $1,925.00 45 Magics Early Sun Quarter Horse 5 gelding 46 Glass View s Steppin N Style Crossbred 6 gelding $1,075.00 47 Mainly Morris Crossbred 4 gelding NS $375.00 48 Newberry Street Crossbred 6 mare 49 Penny Candy Crossbred 4 mare 50 PJ Pearly Mae Paint 8 mare 51 Sugar / Pickles Pony 8 gelding $475.00 $600.00 $575.00 $1,550.00 52 J. R. TB Cross 5 gelding NS $250.00 53 Boston Utopia QH Cross 4 gelding NS $1,350.00 54 Lucille Warmblood 7 mare $3,800.00 55 Varsity Blues Crossbred 1 gelding NS $250.00 61 Slo Sippin Whiskey Appendix 7 gelding 62 Social Graces Warmblood 5 mare 63 Winddance In Italics Canadian 12 mare $2,600.00 $4,800.00 $2,150.00 64 Avingnon Westphalen 8 mare NS $19,500.00 65 Chariczma Oldenburg 4 mare $3,800.00 66 Clovermeade Stiletto Half Welsh 7 gelding NS $1,000.00 67 Delovely TB 2 mare NS $7,200.00 68 Evanston Belgian 5 gelding $4,500.00 69 Finnigan TB 12 gelding NS $4,400.00 70 Bellagio Westphalen 6 gelding 71 First Things First Oldenburg 10 mare $22,000.00 $7,900.00 72 Frosted Clover Thoroughbred 5 mare NS $1,700.00 73 General Lee TB 3 gelding 74 Goliath Thoroughbred 7 gelding 75 Grande Divina Oldenburg 12 mare $1,000.00 $1,200.00 $9,100.00 76 Floresca Westphalen 7 mare NS $29,200.00 77 Hidden Secret TB 9 mare NS $1,000.00 78 I m Legit Oldenburg 7 gelding 79 Kiss The Sky Holsteiner 5 mare 80 Kohi Noor Oldenburg 7 mare $16,700.00 $3,800.00 $7,400.00 81 Leo s Liam Trakehner 2 gelding 82 Louisiana Westfalen 7 mare 83 Nana Holsteiner 11 mare 84 October Road Warmblood 9 gelding 85 Cair Paravel Mecklenburg 9 gelding 101 Questionable Leaguer Quarter Horse 12 gelding $3,500.00 $21,000.00 $13,700.00 $13,500.00 $3,750.00 102 Quilling s Quest Selle Francais 5 gelding 103 s Rocky Crossbred 7 gelding NS $2,100.00 104 s Deja Vu Oldenburg 13 mare 105 Red Hook TB 8 gelding 106 Regal Playtime Holsteiner 4 mare 107 Reign Buster Thoroughbred 5 gelding 108 Renoir Holsteiner 16 gelding $3,450.00 $1,650.00 $2,000.00 109 Right To Liberty Thoroughbred 5 mare NS $2,200.00 110 Rolex TB 6 gelding 111 Rose Of Shaaron Crossbred 2 mare 112 S More Fame Oldenburg 7 gelding 113 Saint Gabriel Hanoverian 11 gelding 114 Shades Of Gray Warmblood 3 gelding $2,000.00 $600.00 $4,900.00 $1,100.00 $1,175.00

2009 VIRGINIA HUNTER & BLOODSTOCK FALL SALE RESULTS Hip # Horse Sex Price NS NS Price 115 Stars & Stripes Crossbred 3 gelding NS $1,100.00 116 Stars N Stripes TB 6 mare 117 s The Reign Falls Thoroughbred 6 gelding 118 s Capital Idea Holsteiner 1 mare 119 Storybook Ending Pinto 6 gelding 120 Sucha A Strutter Quarter Horse 7 gelding 121 Roxy TB 10 mare 122 Sun On Cedars Paint 6 gelding $1,100.00 $950.00 $800.00 $1,775.00 $2,750.00 $250.00 $10,000.00 123 Tea Party TB 5 gelding NS $1,025.00 124 Texas Target Thoroughbred 5 gelding $975.00 125 Tucker QH 7 gelding 126 Twilight Reign Thoroughbred 3 mare 127 Waps Delilah Appaloosa / 5 mare 128 Zip To Connect Quarter Horse 3 gelding 129 Ariel View TB 17 gelding $250.00 $375.00 $475.00 $425.00 130 s A Touch Of Class TB 11 gelding NS $1,700.00 131 Diamond Warmblood 10 gelding 132 s Liquidity Warmblood 11 gelding NS $1,500.00 133 Bailey TB 10 gelding NS $250.00 134 Bullwinkle Irish Sport 13 gelding 135 CJA Hot Summer Paint 3 gelding NS $4,900.00 136 Cool Approach Irish Draught 7 mare $4,200.00 137 Custom Edition Thoroughbred 6 gelding NS $7,200.00 138 Dakota QH 10 gelding 139 Danny Boy TB Cross 10 gelding $1,150.00 $1,000.00 140 Yoda TB 8 gelding 500 141 s Midnight Crossbred 5 gelding $1,850.00 142 Deep In Dept Thoroughbred 9 mare NS $450.00 143 Country Lyric Warmblood 4 gelding 144 Eliana Belgian 5 mare 145 Femme Fatale Holsteiner 18 mare 146 Gemma Dutch Cross 6 mare $5,400.00 $10,700.00 $350.00 $1,125.00 147 Bring It On TB 10 gelding NS $2,700.00 148 Gracefully Animated Paint 5 mare NS $550.00 149 Iam A Rock Star Too Paint 5 gelding 150 In General TB 1 gelding 151 Major Warmblood 9 gelding $4,800.00 $250.00 $5,400.00 152 s A Chip To Remember Quarter Horse 7 gelding NS $2,500.00 153 KR Skidoo Quarter Horse 4 mare NS $3,000.00 154 Lucy Connemara / 6 mare 155 Lumanji Holsteiner 13 mare $1,200.00 156 Camelot Hanoverian 14 gelding NS $1,500.00 157 Miss Moon Thoroughbred 10 mare 158 Mite Do Me Justice Thoroughbred 8 mare $275.00 $250.00 159 Moccasin Miss Thoroughbred 3 mare NS $1,300.00 160 Mack Warmblood 8 gelding 161 Ms Speedy Cowgirl Thoroughbred 5 mare NS $1,500.00 162 Pablo Picasso TB 5 gelding 163 Piaget Hanoverian 0 gelding 164 Pint Of Sugar Paint 7 mare 165 Pure Silver TB 9 mare $650.00 $1,325.00

2009 VIRGINIA HUNTER & BLOODSTOCK FALL SALE RESULTS Hip # Horse Sex Price NS NS Price 166 Colonial Dame Thoroughbred 11 mare $575.00 167 Spring Clearance Thoroughbred 14 gelding NS $1,000.00 168 Versary Bar Rebel Paint 6 gelding 169 A Few More Dollars TB 12 mare 170 Decadence Oldenburg 3 mare $1,600.00 $1,150.00 $7,500.00