SOTHEBY S HONG KONG AUTUMN SALES 2010 TO BE HELD IN OCTOBER LOTS ESTIMATED IN EXCESS OF HK$1.6 BILLION (US$20

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Press Release ease Hong Kong For Immediate Release Hong Kong Winnie Tang +852 2822 8129 winnie.tang@sothebys.com WT Fu +852 2822 8146 wt.fu@sothebys.com Carmen Ting +852 2822 8140 carmen.ting@sothebys.com SOTHEBY S HONG KONG AUTUMN SALES 2010 TO BE HELD IN OCTOBER TO OFFER OVER 3,200 LOTS ESTIMATED IN EXCESS OF HK$1.6 BILLION (US$20 205 MILLION) Hong Kong Public Exhibitions: 2 7 October Auctions: 2 8 October Hong Kong, August 2010 Sotheby s Hong Kong Autumn Sales 2010 will be held at Hall 3, Hong Kong Convention and Exhibition Centre from 2 to 8 October 2010. The sale series will offer over 3,200 lots of Modern and Contemporary Asian Art, traditional Chinese paintings, fine Chinese ceramics and works of art as well as jewellery, watches and wine with a total estimate in excess of HK$1. 1.6 billion / US$20 205 million*. Selected highlights will be showcased in travelling exhibitions in Jakarta (27 29/8), Shanghai (2 3/9), Beijing (5 6/9), Singapore (10 11/9), Bangkok (13 14/9) and Taipei (25 26/9), concluding in a public exhibition of all the lots on offer at the Hong Kong Convention and Exhibition Centre from 2 to 7 October. For the first time this season, Sotheby s Asia will introduce online bidding service, BIDnow, for all sales. With BIDnow, clients can view live auctions online and place bids in real time from anywhere in the world via Sothebys.com. (For details please visit www.sothebys.com/bidnow) Commenting on this auction series, Mr. Kevin Ching, Chief Executive Officer, Sotheby s Asia, says, Our spring sales in April achieved the highest total ever for a sale series at Sotheby's Hong Kong. This phenomenal result, coupled with the record totals achieved in many individual collecting categories, is a testament to our success and expertise in providing our clients with the best and the most distinctive works from around the world. This autumn, we will again present a magnificent array of private collections with impeccable provenance, offering yet another opportunity for collectors worldwide to acquire the finest and rarest objects. Highlights include masterpieces of Qing Imperial porcelain from the legendary collection of J.T. Tai as well as outstanding collections of modern Chinese ink paintings and contemporary Chinese art. We are also honoured to be presenting Treasures of the Century, a special exhibition celebrating the legacy of 20 th Century Chinese artists, alongside the autumn auctions. This is the first time that Sotheby's Hong Kong has organised an exhibition dedicated to the preeminent modern Chinese artists. I would like to give my heartfelt gratitude to all the collectors who generously lent from their private collections for this exhibition, which I believe will be very exciting for both new and seasoned collectors as well as all art lovers.

AUCTION HIGHLIGHTS WINE Two private collections will be on offer during the Autumn Sales 2010 (2 to 3 October). They will be followed by two more distinguished standalone wine sales, namely Château Lafite Ex Cellars (29 October) and The Bordeaux Collection from SK Networks (30 October). 2 October - The Magnificent Cellar of Marcus D. Hiles 12 bottles of Romanée-Conti 2005 Est. HK$780,000 1,170,000 3 October - The Classic Cellar from a Great American Collector VI 1 imperial of Château Pétrus 1982 Est: HK$ 312,000 468,000 6 magnums of Château Pétrus 1990 Est. HK$ 273,000 390,000 29 October - Château Lafite Ex Cellars 1 jeroboam (5L) of Château Lafite 1959 Est. HK$234,000 $390,000 The Bordeaux Collection from SK Networks 20 cases of Château Lafite 2000 Est. HK$ 156,000 $234,000 each 20 cases of Château Mouton Rothschild 2000 Est. HK$70,200 93,600 each 2

MODERN AND CONTEMPORARY SOUTHEAST ASIAN PAINTINGS S. Sudjojono (1914 1986) A New Dawn Oil on canvas 1956 120 x 240 cm Est. HK$1,600,000 2,500,000 I Nyoman Masriadi (b. 1973) Pretending to be Prudent Mixed media on canvas 2010 200 x 300 cm Est. HK$1,400,000 2,200,000 Handiwirman Saputra (b. 1975) Nothing-Something Something-Nothing 3 Acrylic on canvas 2005 180 x 180 cm Est. HK$750,000 950,000 3

20TH CENTURY CHINESE ART Sanyu (1901 1966) Pink Nude on Floral Sheet Oil on woodboard 1930 46.5 x 82 cm Est. HK$12,000,000 18,000,000 Zao Wou ki (Zhao Wuji) (b. 1921) 5.3.71 28.11.74 Oil on canvas 1974 162 x 200 cm Est. HK$9,000,000 15,000,000 Chao Chung hsiang hsiang (1910 1998) A Blue Star in the Moonlit Night Ink and acrylic on paper, mounted on canvas 1990 187 x 90 cm Est: HK$5,000,000 6,000,000 Chu Teh chun (Zhu Dequn) (b. 1920) No.19 Oil on canvas 1959 130 x 180 cm Est. HK$5,000,000 6,000,000 4

Treasures of the Century Exhibition - celebrating the legacy of 20 th Century Chinese artists Xu Beihong (1895 1953) Portrait of Jiang Biwei Oil on canvas 1962 62.5 x 76cm CONTEMPORARY ASIAN ART Note: Taking place from 2 to 7 October alongside the 20 th Century Chinese Art pre-sale exhibition is Treasures of the Century, an educational non selling exhibition that provides academic insight on 20 th Century Chinese art. Over 20 seminal works by masters and pioneers from Xu Beihong to Chen Yifei will be on view. Fang Lijun (b. 1963) 1998.8.30 Arcylic on canvas 1998 250 x 360 cm Est. HK$8,000,000 10,000,000 / US$1,000,000 1,300,000 Special Section The Voyeur Nobuyoshi Araki (b. 1940) Erotos Gelatin silver print 1993 125.2 x 101.9 cm Est. HK$100,000 150,000 / US$13,000 19,000 Property from an Important European Collection Yu Youhan (b. 1943) The Waving Mao Oil on canvas 1995 178 x 152 cm Est: HK$700,000 900,000 / US$90,000 115,000 5

FINE CHINESE PAINTINGS Wu Guanzhong (1919 2010) Rocky Shore Ink and colour on paper, framed 1980 95.5 x 108.5 cm Est. HK$5,000,000 7,000,000 Fu Baoshi (1904 1965) Court Ladies Ink and colour on paper, hanging scroll 1945 68 x 45.3 cm Est. HK$5,000,000 7,000,000 Zhang Daqian (1899 1983) Sceneries of Jiangnan Ink and colour on paper, handscroll 1948 35.5 x 355 cm Est. HK$5,000,000 7,000,000 6

IMPORTANT WATCHES Piaget, KANTHARA, an Impressive White Gold and Diamond set Bracelet Watch; total diamond weight approximately 84 carats; circa 2000 Est. HK$3,200,000 3,800,000 / US$410,000 487,000 Richard Mille, a Fine and Rare Platinum Split Seconds Chronograph Tourbillon Wristwatch with Power Reserve and Torque Indication; circa 2006, RM008 Est. HK$1,600,000 2,400,000 / US$205,000 308,000 Patek Philippe, a Fine and Rare Platinum Automatic Minute Repeating Wristwatch with Enamel Dial; circa 2008, REF 5078P Est. HK$2,200,000 2,800,000 / US$282,000 359,000 7

MAGNIFICENT JEWELS AND JADEITE Coloured Gemstone emstone, Yellow Diamond and Diamond Necklace and Pair of Matching Earrings Cartier, circa 1937 Est. HK$5,500,000 6,500,000 / US$700,000 820,000 A Very Fine Pair of 12.30 and 11.69-Carat Colombian Emerald, Jadeite and Diamond Earrings arrings, YEWN (Dickson Yewn, Hong Kong jewellery designer) Est. HK$3,000,000 3,800,000 / US$380,000 480,000 An Important 6.43-carat Fancy Vivid Pink Diamond and Diamond Ring ing, Van Cleef & Arpels Est. HK$48,000,000 55,000,000 / US$6,000,000 7,000,000 A Very Rare Jadeite Plaque and Diamond Pend endant nt Necklace Est. HK$7,500,000 8,500,000 / US$950,000 1,100,000 8

FINE CHINESE CERAMICS AND WORKS OF ART Featuring five distinguished private collections An Important Private Collection of Qing Historical l Works of Art A Massive Imperial White Jade 'Xintian Zhuren' Seal Qing Dynasty, Qianlong Period 12.9 cm, 5 1/8 in Est. HK$25,000,000 30,000,000 Zhang Zhao ( 1691 1745) Qing Dynasty, Early 18 th Century 'Shi Gu Ge' by Han Yu in Cursive Script 56 x 1203 cm, 22 1/8 x 473 1/2 in Est. HK$15,000,000 25,000,000 Important Chinese Art: The Collection of a Parisian Connoisseur, Part II A Superb and Extremely Rare Beijing Enamel Gold Teapot and Cover Mark and Period of Yongzheng 19.5 cm, 7 5/8 in Est. HK$20,000,000 30,000,000 Masterpieces of Qing Imperial Porcelain from J.T. Tai & Co. An Exceptional Pair of Floral Medallion Vases Enamelled in the Imperial Workshops Marks and Period of Qianlong 18.4 cm, 7 1/4 in Est. HK$60,000,000 80,000,000 and HK$8,000,000 10,000,000* *The vases are offered as two individual lots 9

Ming Imperial Bronzes from the Collection of Tuyet Nguyet and Stephen Markbreiter An Exceptionally Rare and Important Gilt-Bronze Figure of Chintamanichakra Avalokiteshvara Mark and Period of Yongle 21.1 cm, 8 1/4 in Est. HK$10,000,000 15,000,000 Water, Pine and Stone Retreat Collection Scholarly Art A Bamboo 'Landscape' Brushpot rushpot, by Zhang Xihuang Early Qing Dynasty 10.4 cm, 4 1/8 in Est. HK$3,000,000 4,000,000 Fine Chinese Ceramics and Works of Art A Fine and Rare Blue and White 'Lingzhi Scroll' Meiping Ming Dynasty, Chenghua Period 27.3 cm, 10 3/4 in Est. HK$20,000,000 30,000,000 * Estimates do not include buyer s premium Images available upon request Press releases are now available at sothebys.com 10

NOTES TO EDITORS Sotheby's Hong Kong Autumn Sales 2010 Calendar Hong Kong Exhibition Date Auction Date Auctions 2 3 October Wine 2 3 October 4 October Modern and Contemporary Southeast Asian Paintings 20th Century Chinese Art Contemporary Asian Art 2 4 October 5 October Fine Chinese Paintings 2 5 October 6 October Important Watches Magnificent Jewels and Jadeite 2 7 October 7 8 October Fine Chinese Ceramics and Works of Art Hong Kong Exhibition and Auction Venue Hall 3, Hong Kong Convention and Exhibition Centre (New Wing) 1 Expo Drive, Wan Chai, Hong Kong Travelling Exhibitions 27 29 August Jakarta (The Capital Residence) 2 3 September Shanghai (Shanghai JC Mandarin) 5 6 September Beijing (The St. Regis Beijing) 10 11 September Singapore (The Regent Singapore) 13 14 September Bangkok (The Sukhothai) 25 26 September Taipei (Cathay Financial Center) 11