SOTHEBY S HONG KONG 2011 AUTUMN SALE SERIES TO BE HELD IN OCTOBER OFFERING OVER 3,400 LOTS ESTIMATED IN EXCESS OF HK$2.4 BILLION (US$300 MILLION)

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Press Release 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.

1 Press Release Hong Kong For Immediate Release Hong Kong Winnie Tang WT Fu Carmen Ting Jacky Chan Rhonda Yung SOTHEBY S HONG KONG 2011 AUTUMN SALE SERIES TO BE HELD IN OCTOBER OFFERING OVER 3,400 LOTS ESTIMATED IN EXCESS OF HK$2.4 BILLION (US$300 MILLION) Hong Kong, 8 August 2011 Public Exhibitions: 1 5 October _ Auctions: 1 6 October *********** Sotheby s Hong Kong Autumn Sales 2011 will be held at Hall 3, Hong Kong Convention and Exhibition Centre from 1 to 6 October The six-day sales series will offer the finest collections across eight collecting categories, namely Chinese Ceramics and Works of Art, Fine Chinese Paintings, 20 th Century Chinese Art, Contemporary Asian Art, Modern and Contemporary Southeast Asian Paintings, Magnificent Jewels and Jadeite, Important Watches and Wine. A total of over 3,400 lots on offer are expected to fetch in excess e of HK$ billion / US$300 million*. Selected highlights will be showcased in travelling exhibitions across Asia in September, concluding in a public exhibition of all the properties on offer in Hong Kong from 1 to 5 October WINE _ 1-2 OCTOBER AUCTION HIGHLIGHTS The Classic Cellar from a Great American Collector VIII (1 October) Offering over 500 lots, the eighth auction of this important private wine collection will feature the finest Bordeaux from the last three decades with large formats playing a dominant role. Château Cheval Blanc 1990 (Imperial) Est.: HK$60,000-85,000 / US$8,000-11,000 Château Cheval Blanc 2000 (2 Double Magnums) Est: HK$55,000-80,000 / US$7,000-10,000 Château Cheval Blanc 2005 (6 Magnums) Est.: HK$42,000-60,000 / US$5,500-7,500

Finest & Rarest Wines, including The Ultimate Nine from the Bordeaux Winebank

Provenance Bordeaux from the First Growths, along with Pétrus, Ausone, Cheval Blanc

Another equally important collection comes from two members of the Rothschild

Château Pétrus 1989 Est: HK$320,000-420,000 / US$40,000-55,000 Château Margaux 2005

HK$100,000-160,000 / US$13,000-20,000 Domaine Romanée-Conti 1988 Est:

Fanzhi (b. 1964) (top left) Mask Series 1998 99.6 x 80.4 cm; 39 1/4 x 31 5/8 in.

1960) (bottom left) You who are looking - what are you looking after the Tsunami

2 Finest & Rarest Wines, including The Ultimate Nine from the Bordeaux Winebank Collection (2 October) This auction will present a magnificent range of Five Star Provenance Bordeaux from the First Growths, along with Pétrus, Ausone, Cheval Blanc and Yquem. Another equally important collection comes from two members of the Rothschild family, whose wines have never left Château Lafite. Château Pétrus 1989 Est: HK$320, ,000 / US$40,000-55,000 Château Margaux 2005 Est: HK$80, ,000 / US$10,000-15,000 Château Mouton Rothschild 2000 Est: HK$100, ,000 / US$13,000-20,000 Domaine Romanée-Conti 1988 Est: HK$750, ,000 / US$95, ,000 CONTEMPORARY ASIAN ART _ 3 OCTOBER Zeng Fanzhi (b. 1964) (top left) Mask Series x 80.4 cm; 39 1/4 x 31 5/8 in. Est: HK$4 6 million / US$510, ,000 Liu Wei (b.1965) (top right) Who am I? x 200 cm; 60 5/8 x 78 3/4 in. Est: HK$3-5 million / US$390, ,000 Tomoko Konoike (b. 1960) (bottom left) You who are looking - what are you looking after the Tsunami Acrylic, Japanese ink and gold leaf on Kumohadamashi paper (Japanese paper) mounted on wood panel cm; 53 1/8 x 68 7/8 in. Est: HK$400, ,000 / US$50,000-60,000 Kim Tschang Yeul (b. 1929) (bottom right) PA x 160 cm; 77 1/2 x 63 in. Est: HK$2-2.5 million / US$260, ,000 2

20TH CENTURY CHINESE ART _ 3 OCTOBER Zao Wou-ki (Zhao Wuji; b. 19

2-4.5 million Wu Guanzhong (1919-2010) Scenery of the Lijiang River 1975 77

1/2 x 47 1/4 in. Est: HK$10-20 million / US$1.3-2.

Affandi (1907-1990) Muka Sendiri (Self Portrait) Signed, titled and dated

3 20TH CENTURY CHINESE ART _ 3 OCTOBER Zao Wou-ki (Zhao Wuji; b. 1921) x 82 cm; 46 x 32 1/4 in. Est: HK$25-35 million / US$ million Wu Guanzhong ( ) Scenery of the Lijiang River x 96 cm; 30 1/4 x 37 3/4 in. Est: HK$12-18 million / US$ million Wang Yidong (b. 1955) Wedding Night x 105 cm; 54 3/8 x 41 3/8 in. Est: HK$8-12 million / US$1-1.5 million Sanyu (Chang Yu; ) Reclining Nude 1930s 80 x 120cm; 34 1/2 x 47 1/4 in. Est: HK$10-20 million / US$ million MODERN AND CONTEMPORARY SOUTHEAST ASIAN PAINTINGS 3 OCTOBER Affandi ( ) Muka Sendiri (Self Portrait) Signed, titled and dated 1963 upper right 126 x 102 cm; 49 1/2 x 40 1/4 in. Est: HK$ million / US$232, ,000 Hendra Gunawan ( ) Tuak Manis (Sweet Wine) Signed, titled and dated 79 lower left 211 x 391 cm; 83 x 154 in. Est: HK$ million / US$232, ,000 3

Theo Meier (1908 1982) (left) Women in the Garden Signed and dated 77 lower left 192 x 103 cm Est: HK$850,000-1.

1975) (right) Tyrant Destroyer Acrylic and oil on canvas 2011 210 x 150 cm Est: HK$70,000-90,000 / US$9,000-11,600 FINE CHINESE PAINTINGS _ 4

x 40 1/8 in. Est: HK$8-12 million / US$1-1.

5cm; 41 1/2 x 23 7/8 in. Est: HK$12-15 million / US$1.5-1.9 million Wu Guanzhong (1919-2010) Wu Gorge Ink and colour on paper, framed 71.8 x 145.

2 million AUCTION FOR THE BENEFIT OF THE UNIVERSITY OF OXFORD CHINA CENTRE _ 4 OCTOBER The fund-raising auction offering over 30 lots is

The Centre draws on Oxford s historic links to China, dating to the 1604 acquisition of the Bodleian Library s Chinese collection and the 1687

4 Theo Meier ( ) (left) Women in the Garden Signed and dated 77 lower left 192 x 103 cm Est: HK$850, million / US$100, ,000 Andres Barrioquinto (b. 1975) (right) Tyrant Destroyer Acrylic and oil on canvas x 150 cm Est: HK$70,000-90,000 / US$9,000-11,600 FINE CHINESE PAINTINGS _ 4 OCTOBER Zhang Daqian ( ) (left) Self Portrait in the Yellow Mountains Ink and colour on paper, hanging scroll x 102 cm; 75 1/2 x 40 1/8 in. Est: HK$8-12 million / US$1-1.5 million Fu Baoshi ( ) (right) Pavilion in the t Solitude of the Mountains Ink and colour on paper, hanging scroll x 60.5cm; 41 1/2 x 23 7/8 in. Est: HK$12-15 million / US$ million Wu Guanzhong ( ) Wu Gorge Ink and colour on paper, framed 71.8 x cm; 28 1/4 x 57 3/8 in. Est: HK$7-9 million / US$900, million AUCTION FOR THE BENEFIT OF THE UNIVERSITY OF OXFORD CHINA CENTRE _ 4 OCTOBER The fund-raising auction offering over 30 lots is dedicated to the University of Oxford China Centre, Europe s leading interdisciplinary centre for the study of China. The Centre draws on Oxford s historic links to China, dating to the 1604 acquisition of the Bodleian Library s Chinese collection and the 1687 arrival of the scholar Shen Fuzong, the first Chinese visitor to the United Kingdom. The items donated from alumni and friends will help fund the Centre s new building, bringing together academics and research that will increase East-West understanding, dialogue and collaboration in a range of subjects from Chinese art and literature to public health and energy issues. An Imperial Yellow Satin Embroidered Dragon Robe Qing Dynasty, Qianlong Period Est: HK$1.5-2 million / US$190, ,000 4

FINE CHINESE CERAMICS AND WORKS OF ART _ 5 OCTOBER The Meiyintang Collection, Part II I - An Important Selection of

ceramics in the world, and Sotheby s is honoured to offer for the second time in Hong Kong a selection of some of

The selection emphasises the most celebrated and rich periods in the history of the Imperial kilns.

An Outstanding Rare Blue and White Vase with Fruit Sprays, Meiping (left) Ming Dynasty, Yongle Period 36.

8 million A Magnificent Famille-Rose Peach Peach Vase, Tianqiuping (right) Seal Mark and Period of Qianlong 51 cm

8 million Fine Chinese Ceramics and Works of Art (Various-Owner Sale) An Exquisite Pair of Famille-Rose Green-Ground

8 million An Extremely Rare Imperial White Jade Yongzheng Yubi Zhi Bao Seal (right) The Seal: Yuan Dynasty; The Seal

5 FINE CHINESE CERAMICS AND WORKS OF ART _ 5 OCTOBER The Meiyintang Collection, Part II I - An Important Selection of f Imperial Chinese Porcelains The Meiyintang collection ranks among the finest private collections of Chinese ceramics in the world, and Sotheby s is honoured to offer for the second time in Hong Kong a selection of some of its most iconic pieces. The selection emphasises the most celebrated and rich periods in the history of the Imperial kilns. The sale offers over 40 lots with an estimated total value of HK$430 million / US$55 million. An Outstanding Rare Blue and White Vase with Fruit Sprays, Meiping (left) Ming Dynasty, Yongle Period 36.5 cm Est: HK$ million / US$ million A Magnificent Famille-Rose Peach Peach Vase, Tianqiuping (right) Seal Mark and Period of Qianlong 51 cm Est: HK$ million / US$ million Fine Chinese Ceramics and Works of Art (Various-Owner Sale) An Exquisite Pair of Famille-Rose Green-Ground Ground Vases (left) Seal Marks and Period of Qianlong 36.5 cm Est: HK$35-45 million / US$ million An Extremely Rare Imperial White Jade Yongzheng Yubi Zhi Bao Seal (right) The Seal: Yuan Dynasty; The Seal Face: Qing Dynasty, Yongzheng Period 2.5 x 2.5 cm Est: HK$20-30 million / US$ million MAGNIFICENT JEWELS AND JADEITE _ 5 OCTOBER Magnificent Carat Pear-shape Golconda Diamond Ring Est: HK$40-50 million / US$5-6.5 million Golconda Pink, an Important t and Impressive Carat Fancy Vivid Golconda Pink Diamond and Diamond Ring Est: HK$ million / US$13-19 million Fine Jadeite Cabochon Ring HK$ million / US$400, ,000 5

IMPORTANT WATCHES _ 6 OCTOBER PATEK PHILIPPE Ref 1518 A Historically Important and Extremely Rare Pink Gold Perpetual Calendar Chronograph Wristwatch with Registers, Tachometer, Moon-Phases and Gay

8 million / US$410,000-610,000 CARTIER Santos Triple 100 No 16/20 A Rare and Impressive Limited Edition White Gold and Full Diamond-Set Wristwatch with Three Rotatable Dials, circa 2008 Est: HK$1.2-1.

million / US$100,000-130,000 *Total as of 8 August; estimates do not include buyer s premium Images available upon request Press releases are now available at sothebys.

6 IMPORTANT WATCHES _ 6 OCTOBER PATEK PHILIPPE Ref 1518 A Historically Important and Extremely Rare Pink Gold Perpetual Calendar Chronograph Wristwatch with Registers, Tachometer, Moon-Phases and Gay Frères Bracelet, circa 1950 Est: HK$ million / US$410, ,000 CARTIER Santos Triple 100 No 16/20 A Rare and Impressive Limited Edition White Gold and Full Diamond-Set Wristwatch with Three Rotatable Dials, circa 2008 Est: HK$ million / US$150, ,000 JEAN DANIEL NICOLAS 2-Minute Tourbillon A Very Fine and Rare Pink Gold Two- Minute Tourbillon Wristwatch with Power Reserve Indication, circa 2010 Est: HK$800,000-1 million / US$100, ,000 *Total as of 8 August; estimates do not include buyer s premium Images available upon request Press releases are now available at sothebys.com NOTES TO EDITORS I) Sotheby's Hong Kong Autumn Sales 2011 Calendar Exhibition Auction Auctions 1-2 Oct Wine 1-2 Oct 1-3 Oct (till 1 pm) 1-3 Oct (till 4pm) 3 Oct Modern and Contemporary Southeast Asian Paintings 20th Century Chinese Art Contemporary Asian Art 1-3 Oct 4 Oct^ Fine Chinese Paintings Auction for the Benefit of the University of Oxford China Centre 1-4 Oct 5 Oct^ The Meiyintang Collection, Part II - An Important Selection of Imperial Chinese Porcelains Fine Chinese Ceramics and Works of Art (Various-owner sale) Magnificent Jewels and Jadeite 1-5 Oct 6 Oct Important Watches II) Hong Kong Exhibition and Auction Venue Hall 3, Hong Kong Convention and Exhibition Centre (New Wing) 1 Expo Drive, Wan Chai, Hong Kong ^Two salesrooms will be set up for concurrent bidding 6

7 III) Travelling Exhibitions in Asia Date Cities Venue 3 4 Sep Singapore The Regent Singapore 6 7 Sep Bangkok The Sukhothai Sep Shanghai The Portman Ritz-Carlton Shanghai Sep Beijing The Ritz-Carlton Beijing, Financial Street Sep Taipei Fubon International Convention Centre 7

EDITORIAL. Artist Yue Minjun, whose work is exhibited in Radar, with his wife Jiang Zhuyu and Tom Whitten at the Art Summit reception

EDITORIAL. Artist Yue Minjun, whose work is exhibited in Radar, with his wife Jiang Zhuyu and Tom Whitten at the Art Summit reception Flanked by her grandchildren, James Bohart and Bobbi Hapgood, Kimiko Powers stands next to Hiroshi Nanamori at the Art Summit reception (October 5th, 2006) Collector Celeste Fleming, Julia M. White (Berkeley