FASIG-TIPTON NEW YORK, INC.
                          SARATOGA YEARLING SALE
                           8/10/04 TO  8/12/04
 DAY OF SALE:  8/10/04                                              PAGE   1

 HIP         DESCRIPTION                        PRICE ($)
 NO.         CONSIGNED BY                       PURCHASER

1    GULCH/OEDY'S APPEAL                        NOT SOLD
 F   EATON SALES, AGENT                         (160,000)

2    BROAD BRUSH/OMI                            400,000
 F   EATON SALES, AGENT                         DREW RAYMAN
     FOR DOUBLE DIAMOND FARM

3    GIANT'S CAUSEWAY/OVERTURNED                700,000
 C   FOUR STAR SALES, AGENT                     DR DERMOT O'BYRNE

4    FORESTRY/PAS WHO                           210,000
 C   TAYLOR MADE SALES AGENCY,                  HOBY KIGHT, AGENT
     AGENT XXIV

5    AWESOME AGAIN/PIANO                        150,000
 C   BLUEWATER SALES LLC AGENT III              CRUPI'S NEW CASTLE FARM

6    MR. GREELEY/POLICY ISSUE                   140,000
 C   BLUEWATER SALES LLC AGENT VI               BELMONT RACING MANAGEMENT LLC

7    ELUSIVE QUALITY/PRIVATE LAKE               250,000
 F   VALLEY VIEW FARM                           CLASSIC EQUINE LLC
     (WALTER BURKE), AGENT

8    GULCH/PROMISE PROMISE                      NOT SOLD
 F   SUMMERFIELD (FRANCIS & BARBARA             (120,000)
     VANLANGENDONCK), AGENT

9    GRAND SLAM/QUEEN'S SHILLING                200,000
 C   DROMOLAND/HARTWELL AGENT VI                SHADWELL ESTATE CO

10   FOREST WILDCAT/QUIET RUMOUR                - OUT -
 C   DROMOLAND/HARTWELL AGENT I

11   GRAND SLAM/RADIOACTIVE                     NOT SOLD
 F   BLUEGRASS THBD.SERVICES INC.               (90,000)
     (J. STUART), AGENT

12   UNBRIDLED'S SONG/RAGING APALACHEE          260,000
 F   TAYLOR MADE SALES AGENCY,                  BARRY BERKELHAMMER, AGENT
     AGENT LXVI

13   FORESTRY/RAPID SELECTION                   185,000
 C   MILL RIDGE SALES, AGENT                    SOUTH-EAST STABLES LLC

14   DEPUTY MINISTER/REGAL VICTRESS             250,000
 C   EATON SALES, AGENT                         DON LITZ AGENT

15   GRAND SLAM/RETIRO PARK                     250,000
 C   BLUEWATER SALES LLC, AGENT                 DOGWOOD STABLE INC
     FOR PARAGON FARMS LLC

16   SONGANDAPRAYER/REVENGE TIME                100,000
 C   SUMMERFIELD (FRANCIS & BARBARA             WOODBERRY PAYNE AGENT
     VANLANGENDONCK), AGENT

17   GOLDEN MISSILE/RICADONNA                   NOT SOLD
 C   BLUEGRASS THBD.SERV.,INC., AGT             (95,000)
     FOR VICTORY VIEW FARM

18   FUSAICHI PEGASUS/RIVE DU SUD               NOT SOLD
 C   TAYLOR MADE SALES AGENCY,                  (525,000)
     AGENT V

19   OLD TRIESTE/ROCHELLE'S TERMS               100,000
 F   BLUEGRASS THBD.SERV.,INC.,AGT.             DOGWOOD STABLE INC
     FOR NORTH CLIFF FARM

20   UNBRIDLED'S SONG/ROLL OVER BABY            NOT SOLD
 C   TAYLOR MADE SALES AGENCY, AGT.             (475,000)
     FOR CLASSICSTAR LLC

21   FOREST WILDCAT/ROUJOLEUR                   250,000
 C   TAYLOR MADE SALES AGENCY,                  MARTHA F GERRY
     AGENT CCXLV

22   SMOKE GLACKEN/RUBY GLOWS                   200,000
 C   GAINESWAY AGENT I                          B CHACE AGT/BARRY K SCHWARTZ

23   DIXIE UNION/SAFE AT THE PLATE              NOT SOLD
 C   DROMOLAND/HARTWELL AGENT III               (225,000)

24   GRAND SLAM/SAM'S DIARY                     - OUT -
 F   TRACKSIDE FARM (TOM EVANS),
     AGENT III

25   EL CORREDOR/SARATOGA ROSE                  300,000
 C   HILL 'N' DALE SALES AGENCY,                B CHACE AGT/BARRY K SCHWARTZ
     AGENT

26   A.P. INDY/SEEBE                            1,500,000
 F   DERRY MEETING FARM, AGENT                  W S FARISH

27   HONOUR AND GLORY/SEE YOU                   100,000
 C   BLUEGRASS THBD.SERV.,INC.,AGT.             ANDREW BALDING
     FOR MUELLER FARMS INC.

28   GRAND SLAM/SENSUAL MOMENT                  240,000
 C   HIGHCLERE SALES AGENT V                    FOX HILL FARM, JOHN SERVIS AGT

29   HENNESSY/SEQUINS                           350,000
 C   KESWICK STABLES                            TONY LACY, AGENT

30   A.P. INDY/SHEEPSCOT                        250,000
 F   TAYLOR MADE SALES AGENCY, AGT.             ELDON FARM EQUINE
     FOR CLASSICSTAR LLC

31   CAT THIEF/SHEZA RAHY                       350,000
 C   EATON SALES, AGENT                         B WAYNE HUGHES

32   MR. GREELEY/SHEZ MYRAGINCAJUN              130,000
 F   GAINESWAY AGENT II                         MIKE RYAN, AGENT

33   THUNDER GULCH/SILENT CAT                   140,000
 C   DERRY MEETING FARM, AGENT                  DOGWOOD STABLE INC

34   SAINT BALLADO/SILKEN MAGIC                 - OUT -
 F   TAYLOR MADE SALES AGENCY,
     AGENT VI

35   DEPUTY MINISTER/SINCERELY                  150,000
 C   BROOKDALE SALES, AGENT                     R LARRY JOHNSON

36   FUSAICHI PEGASUS/SISTER FIONA              500,000
 C   SUMMERFIELD (FRANCIS & BARBARA             B WAYNE HUGHES
     VANLANGENDONCK), AGENT

37   STORM CAT/SKY BEAUTY                       - OUT -
 C   EATON SALES, AGENT

38   PULPIT/GANDRIA                             NOT SOLD
 F   THREE CHIMNEYS SALES, AGENT                (450,000)
     FOR AROSA FARMS

39   FOREST WILDCAT/SLABOVIA                    475,000
 F   DROMOLAND/HARTWELL AGENT IV                JOHN C OXLEY

40   DIXIE UNION/SLEW BOYERA                    240,000
 F   BLUEGRASS THBD.SERV.,INC.,AGT.             PAUL R FOUT
     FOR T. M. FOREMAN III

41   GRAND SLAM/SLEW THE DRAGONESS              275,000
 C   DERRY MEETING FARM, AGENT                  JOHN FERGUSON

42   SAINT BALLADO/SMASHING REVIEW              NOT SOLD
 F   TAYLOR MADE SALES AGENCY,                  (85,000)
     AGENT CCLVIII

43   PULPIT/SNOWY APPARITION                    NOT SOLD
 C   GAINESWAY AGENT I                          (225,000)

44   HENNESSY/SOCIAL SET                        100,000
 F   TAYLOR MADE SALES AGENCY,                  LEPRECHAUN RACING, AGENT
     AGENT VIII

45   POINT GIVEN/SOMETHING ELSE                 205,000
 C   EATON SALES, AGENT                         PHILIP & BRENDA ROBERTSON

46   UNBRIDLED'S SONG/SONG TO REMEMBER          625,000
 F   TAYLOR MADE SALES AGENCY, AGT.             L & D FARM & J & B FARM
     FOR CLASSICSTAR LLC

47   DIXIE UNION/SPARKLE COLONY                 80,000
 C   TAYLOR MADE SALES AGENCY,                  HARTLEY-DERENZO THOROUGHBREDS
     AGENT XXIV

48   FOREST WILDCAT/SPEND A DREAM               NOT SOLD
 F   DERRY MEETING FARM, AGENT                  (100,000)

49   MR. GREELEY/SPLASHING WAVE                 140,000
 C   EATON SALES, AGENT                         PANDORA FARM LLC

50   MISWAKI/S S CAPOTE                         50,000
 F   BUTTONWOOD FARM                            ANDREW BALDING

51   SILVER DEPUTY/S. S. MIRACLE                250,000
 F   BLUEWATER SALES LLC AGENT IV               BOB BAFFERT, AGENT

52   GONE WEST/STARLET GAME                     100,000
 C   MILL RIDGE SALES, AGENT                    DOGWOOD STABLE INC

53   TIZNOW/SUBORNED                            200,000
 F   DENALI STUD (CRAIG BANDOROFF),             CHESTER BROMAN
     AGENT

54   CHEROKEE RUN/SUBTLE FRAGRANCE              140,000
 C   EATON SALES, AGENT                         M W MILLER III, AGENT
     FOR EMO STABLES

55   SAINT BALLADO/SUPER SENIORITA              NOT SOLD
 F   NEEDHAM-BETZ THOROUGHBREDS INC             (200,000)
     AGENT

56   TIZNOW/SURPRISE GIRL                       380,000
 F   WOODS EDGE FARM                            HUGO MERRY AGT/PETER MINIKES
     (PETER O'CALLAGHAN), AGENT

57   KINGMAMBO/SWEET AND READY                  900,000
 F   GAINESWAY, AGENT                           NARVICK INTERNATIONAL
     FOR ELDON FARM EQUINE

58   PULPIT/SWINGIN ON ICE                      NOT SOLD
 F   TAYLOR MADE SALES AGENCY,                  (475,000)
     AGENT CLXXIX

59   TALE OF THE CAT/TAP THE ANSWER             100,000
 C   HILL 'N' DALE SALES AGENCY,                HARTLEY-DERENZO THOROUGHBREDS
     AGENT

60   LEMON DROP KID/TESTY TRESTLE               400,000
 F   EATON SALES, AGENT                         SHADWELL ESTATE CO LTD

61   TIZNOW/THEGA                               500,000
 C   TAYLOR MADE SALES AGENCY,                  HOBY KIGHT, AGENT
     AGENT CCLVII

62   MT. LIVERMORE/TIME FOR TRUMPETS            250,000
 C   HIGHCLERE SALES, AGENT                     MICHEL MORENO

63   EL CORREDOR/TIPSY GIRL                     75,000
 F   TRACKSIDE FARM (TOM EVANS),                SOUTH EAST STABLES LLC
     AGENT III

64   CAT THIEF/TULIRA                           100,000
 C   HIGHCLERE SALES AGENT III                  MIKE RYAN, AGENT

65   STORM CAT/TURBO LAUNCH                     385,000
 F   TAYLOR MADE SALES AGENCY,                  HARTLEY-DERENZO THOROUGHBREDS
     AGENT LVIII

66   MR. GREELEY/UNBRIDLED EMOTION              100,000
 F   DROMOLAND/HARTWELL, AGENT                  PAUL R FOUT
     FOR WATERFORD FARM

67   TOUCH GOLD/UNDER THE RUG                   NOT SOLD
 F   WALNUT GREEN (JONES BROS.),                (110,000)
     AGENT

68   GULCH/UP SAIL                              NOT SOLD
 C   EATON SALES, AGENT                         (95,000)

69   POLISH NUMBERS/VAGUELY RICH                - OUT -
 F   EATON SALES, AGENT

71   DANZIG/VANTIVE                             500,000
 F   EATON SALES, AGENT                         SHADWELL ESTATE CO LTD





             8/10/04 THRU  8/12/04

              HEAD                         NOT
      DATE    SOLD       AMOUNT  AVERAGE  SOLD    MEDIAN

     8/10/04    50   14,225,000  284,500    15   240,000

             8/05/03

              HEAD                         NOT
      DATE    SOLD       AMOUNT  AVERAGE  SOLD    MEDIAN

     8/05/03    54   16,547,000  306,426    11   250,000

Fasig-Tipton Company, Inc., 2400 Newtown Pike, Lexington, KY 40511 Phone: 859-255-1555 Fax: 859-254-0794