EFTA00591282.pdf

GIACOMETTI - Comparison of Christie's and Sotheby's proposals (4112117) Auction Sale House Deadline Date Estimates Enhanced Hammer Guarantee Marketing Highlights Christie's April 7 Of 27-Jun GBP 15 - 25" million 110% until proceeds Christie's will not do a Travel to Christie's exhibitions in LA, NY and we want it (approximately $18.75- reach GBP 20 house guarantee; third Hong Kong (it would have to be in LA by 4/14, to go to 31.25 million at $1.25 to million, then 107% party guarantee offered which is why they need a decision by Friday 417 LA); 1 GBP) (but proceeds never at $15-16 USD with if you want to send it to LA); included in otherwise, go below 20 million 70/30 split on overage Chinese langauge brochure; included in press later in after step down) (even though sale is in release for London sale April London, the guarantor has been discussing the guarantee in dollars) Sotheby's closer to 21-Jun GBP 12.8 - 16 million 107% (but Amy said $16 million with 70/30 TBD the end of (Amy did not want to she could pretty split on overage (again, April commit to estimates, easily go up to even though the sale but said they would 108% it she needed would be in London, the probably be around US to do that to be guarantee is in dollars) $16-20 million) competitive) * For their NY May sale, Christie's estimates were $18 - 25 million and they did not want to go up to $20 million on the low estimate. For their London June sale, Christie's feels strongly that GBP 15 million is the highest they can go on the low estimate without scaring oft potential bidders. EFTA00591282