154Th HOSPICES DE BEAUNE WINE AUCTION 16Th

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154th HOSPICES DE BEAUNE

WINE AUCTION

16 th NOVEMBER 2014

Under the presidency of Madame Adriana KAREMBEU

and of Monsieur Michel DRUCKER

With the support and friendly presence of

Tina Kieffer, founder of the Association Toutes à l’école and of

Teddy Riner for the Imagine Institute

Arrival of a new Cuvée at auction: BEAUNE BLANC PREMIER CRU – Cuvée « Suzanne et Raymond »

The 154th wine auction of the Hospices de Beaune will be marked by the arrival of a new Cuvée of white 1st growth Beaune: Beaune Blanc Premier Cru.

This wine comes from a plot which used to be planted with Pinot Noir (the grapes going into the Beaune Cuvée Cyrot- Chaudron). The old Pinot vines were recently pulled up, and the land replanted with Chardonnay. The soil is stony and lime-rich, with white marl – well suited to white wine production. It is high on the hillside, near the source of the Lulunne stream.

THE 2014 BURGUNDY VINTAGE As seen by Roland Masse, vineyard-manager and wine-maker Domaine des Hospices de Beaune

2014: The year of the great terroirs and their fine wines: elegance and breeding

The grands crus of Montrachet, Corton and the Côte de Nuits were spared by the hailstorm between Meursault and Beaune on 28th June. Overall production is of course affected by these losses in certain villages of the Côte de Beaune but, for the wines from these prestigious terroirs, both Pinot Noir and Chardonnay varieties are models of fine Burgundy wines. The white wines harvested mid-September in ideal weather conditions are high class, with precision and great freshness. The beginning of their ageing seems promising for their future. The red grands crus are of a very good level, with lovely bright colour, fine tannins, creamy harmony and balance, length and complexity in their elegance. The premiers crus, less revealing in terms of their keeping potential, are just as elegant and noble. This 2014 vintage, despite its chaotic weather, is going to show itself to be of a very good quality level.

INTRODUCTION TO THE 2014 BURGUNDY VINTAGE By Anthony Hanson, Master of Wine, Senior Consultant, Christie’s international Wine Department

Joy and despair – a roller-coaster summer, then finally: Joy !

After two small harvests in 2013 and 2012, the generous appearance of infant grapes in Spring 2014, followed by a rapid and successful flowering of the vines, lifted Burgundian hearts. Then a devastating hail-storm cruelly dashed the hopes of many on the central Côte de Beaune. Thanks to the early flowering, with June’s sunshine, those vineyards not affected by hail looked magnificent. However, a proper summer never arrived. By the middle of August, growers were standing at the edge of a precipice: grey rot could start to spread if rain persisted and the sun stayed hidden, however, the balance tipped again. Superbly sunny, dry weather set in for the 12 days prior to the Hospices harvest, which began on 10th September. The sunshine then lasted throughout the picking – exactly what was needed to complete the ripening of the grapes, which were in excellent health.

A classic Burgundy vintage

Tasting the grape-juice and the first-to-finish wines, Roland Masse, the Hospices vineyard-manager and wine maker, said: “The fermentations of the whites are proceeding well, and we will have two styles. For Pouilly-Fuissé and Saint- Romain, where yields are normal, the wines show finesse and good acidity, with elegance. For the small productions of Meursault and Corton-Charlemagne, the wines are fleshy, and well rounded, with excellent fruit and lively structure. Amongst the reds, the three Savigny wines, Santenay, and Auxey-Duresses are full of fruitiness, with fine balance of acidity and agreeable tannins. Results are more mixed for our Beaunes (depending on hail impact) but we took the greatest care with all vinifications. The Volnays are superb – fleshy and harmonious. It is too early to compare our 5 Pommard Cuvées, but yields are small, and the wines well concentrated. The Cortons are absolutely magnificent. From the Côte de Nuits, it is a superb vintage for all three Grands Crus. We feel confident that tasters will be thrilled to discover the many diversities in this classic Burgundy vintage.”

The 2014 vintage, and the 154th wine sale

Because of hail damage on 28th June, several Cuvées from Beaune, Pommard, Volnay and Meursault produced half, or less, of a normal crop. A welcome compensation is the arrival of a new Cuvée of white 1st Growth Beaune, named Cuvée Suzanne et Raymond. This comes from a plot of land which is well-suited to white wine production. It was previously planted with Pinots Noirs whose grapes went into Beaune Cuvée Cyrot-Chaudron. The new wine bears the Christian names of the two generous benefactors, the Cyrot-Chaudron couple, who originally donated this vineyard in 1979. In total in 2014, there will be 47 different Cuvées in the sale: 33 red wines and 14 whites. 534 barrels are being offered, 417 being red and 117 being white.

Today, 88% of the Hospices Domaine are Premiers Crus and Grands Crus, which is an exceptionally high proportion, and one of the reasons – along with low yields, due to careful pruning – why so many, superb Cuvées are available.

Having watched beautifully healthy grapes coming into the winery, seen the thickness of their skins, the many tiny berries being meticulously sorted and the care with which they were handled, I confidently believe there will be great wines for laying down, and others – both red and white – for more immediate drinking.

THE PRESIDENTS OF THE 2014 WINE SALE AND THEIR CHARITIES

Since 1945, every year the Hospices de Beaune have lent their support to one or more charities by donating the proceeds from one barrel of wine, called a pièce in Burgundy, sold especially for that purpose – the "Pièce du Président".

For this 154th Sale the "Pièce du Président" will be a 228 liters barrel of Corton-Bressandes Grand Cru: Cuvée des Présidents.

Engraved by Pierre Toillon, Meilleur Ouvrier de France – Master Cooper

STORY OF THE CUVEE

This unique Cuvée results from the separate vinification of carefully selected grapes coming solely from the vineyard Corton-Bressandes Grand Cru. The reputation of this famous hillside for producing one of Burgundy’s richest, most perfumed, most harmonious and long-lived Grand Cru red wines is long established. One barrel of exceptional Corton- Bressandes has been chosen, coming from the other Corton Cuvées, which is ageing in a specially-commissioned oak barrel of the highest quality.

Adriana Karembeu and Michel Drucker will co-preside the 154th Hospices de Beaune wine auction and will be supported by journalist Tina Kieffer and by the judo world champion Teddy Riner. The two retained associations are “Toutes à l’école” which helps young Cambodian girls having an education, and whose sponsor is Michel Drucker; and “Imagine” which is an institution of researches and medical care gathering researchers, doctors and patients in the goal of understanding and cure genetic diseases. Since July 2012, Teddy Riner is officially the sponsor of the institute of genetic diseases “Imagine”

Adriana Karembeu

Youth and Childhood

Her mother is Slovak and her father is originated from Czechoslovakia, reason why she has a Czech name. She has a sister Natalia Skleranikova.

Adriana Karembeu studies medicine for several semesters at the Charles University. It is during her third year of medicine, in 1997, that she is spotted during a beauty contest. She goes to Paris to become model for Wonderbra.

MODEL CARRIER Her first job as a model was a swimsuit photo shoot in the Bahamas for the catalogue Trois Suisses. Then, thanks to her great beauty, many events turned in her favor. She walked for major brands such as Thierry Mugler, Rochas, Karl Lagerfeld, Givenchy or Lanvin. In less than a year, she becomes the most popular model at the end of the 1990’s. Then, she becomes the face of lingerie brand Wonderbra. She also became the figure for Victoria’s Secret, Roberto Cavalli, Majestic, Onyx Jeans, and for the Czech brand Skoda. She was photographed by top fashion photographers such as Steven Meisel, Patrick Demarchelier, Peter Lindbergh and Ellen von Unwerth. Adriana Karembeu also made the cover of numerous magazines including: Elle, Vanity Fair, Harpers Bazaar, Photo, Casting, Emma, Boxer and Maxim. In 2008, she becomes the face of the optician Atol which will dedicate a whole collection of glasses to her, ‘the collection Adriana Karembeu”. Also in 2008, she appeared in commercials for the phone company Virgin mobile. In 2012, she became the face of the decoration brand Atlas.

CHARITIES

In 1999, Adriana begins to support the fight against landmines. In 2000, she helps the French Red Cross in its campaign “Lifesaving”, training in first aid. Since March 2010, she is the ambassador of women’s football for the French football federation (FFF). She is still ambassador Red Cross. In 2014, on the occasion of the 154th Hospices de Beaune charity wine auction, Adriana commits to children afflicted with genetic diseases at Imagine’ side.

“Raise the stakes” for Imagine!

The Institute Imagine is delighted to be one of the two chosen beneficiaries of this year’s wine auction organized by the Hospices de Beaune. It is a great honor for our scientific and medical teams to have their work recognized by such a prestigious institution. The support received will allow us to pursue our ultimate goal of delivering new therapies to patients suffering from genetic diseases. Our commitment to patient care echoes the “mission hospitalière” which has guided the charitable work of the Hospices de Beaune for 550 years. Not only will this event facilitate the research activities of the Institute Imagine, it will increase awareness of the true burden of genetic disease, and enhance the public understanding of our important mission. We are truly grateful to Adriana Karembeu and Teddy Riner, for their exceptional kindness in having accepted the challenge to “raise the stakes” for the benefit of children and families affected by the genetic disorders that we are working to cure.

Imagine Institute

Imagine is a pioneering research and healthcare institute bringing together scientists, doctors and patients, with a common goal: to cure genetic diseases. The new Institute is a 19,000 sqm building located on the campus of the Necker-Enfants Malades Hospital, housing over 850 personnel, with an innovative vision: the discovery of new treatments and diagnostic tools to meet the expectations of affected patients and their families.

©PatrickHMüller BVFG/Imagine ©PatrickHMüller BVFG/Imagine

©PatrickHMüller BVFG/Imagine 7

Four missions and ambitions

Support and stimulate research

If we are to have any hope of curing a genetic disease, we must first identify the gene or genes responsible, characterize their mutations, and understand their effects on the functioning of key body systems (nervous system, muscles, skin, blood vessels, etc.). These three stages are central to the Institute’s research activities and are primordial in developing an approach to 1 Patient-focused each disease. Imagine is staffed by multidisciplinary teams research including specialists from both Inserm (the French national institute for health and medical research) and Université Paris Descartes. The breaking down of walls between disciplines and the combining of a number of approaches, fields and methods are also indispensable to speed progress towards major scientific advances. Imagine thus brings together 450 researchers, ©Laurent Attias/Imagine engineers and technicians, 23 laboratories, and 8 core facilities housing state-of-the-art equipment, all on the same premises. Over the last twenty years, the genetic and molecular determinants of more than 200 diseases have been identified by physicians and researchers now working at the Imagine Institute.

Diagnose and treat patient

Imagine’s ambition is to cure genetic diseases. A number of physicians and researchers from various departments of Hôpital Necker-Enfants Malades are working at the Imagine Institute on innovative therapies, such as stem 2 cells, biodrugs, or gene Innovative care: therapy, whose first instilling a successful trial was creative carried out in 2000 by approach Marina Cavazzana and Alain Fischer. Teams are also working on perfecting pre-natal and pre- implant genetic diagnostic methods, both superb approaches to the detection of genetic disorders before ©Laurent Attias/Imagine birth being developed by Arnold Munnich and his colleagues. Along with these research teams, Imagine benefits from the participation of over 400 health care providers across 7 clinical departments at Hôpital Necker-Enfants Malades.

Promote knowledge transfer

Through educational initiatives for young graduate students in medicine or science, but also ongoing training programs for physicians and other health care providers, the Imagine Institute shares its discoveries, encouraging the acquisition of dual competencies in medicine and research within teams. This pedagogical perspective is a core aspect of our strong partnership with Université Paris 3 Descartes, one of Imagine’s founding members. Imagine also initiates multidisciplinary Education: today’s educational projects, in association with leading business and engineering schools. These discoveries are projects aim to promote technology transfer between the Institute and key players in the tomorrow’s treatments pharmaceutical and biotechnology industries. The novel approach pursued by Imagine is designed to better train both researchers and physicians and to build dual competencies in order to speed discoveries as well as their clinical applications.

Bring discoveries to all patients

Studies investigating the genes associated with these rare diseases often suggest new treatment strategies for more common diseases, thus markedly improving the lives of patients. The findings of studies carried out by the Imagine Institute’s researchers are given wider impact through 4 partnerships with existing industry players or new firms created for this purpose. It is Technology transfer: important to pursue these efforts so that discoveries may benefit not only patients with the Imagine Institute rare genetic disorders, but also the larger number of patients suffering from other is commited to diseases. The work carried out by our researchers has directly resulted in 30 patents building a new (currently pending), 13 operating licenses, and 2 biotechnology startups. organizational model To further these efforts, Imagine has created a technology transfer and centered on entrepreneurship department. We are focused on building our resources in clinical innovation research to help our scientists bring their discoveries to all patients.

Teddy Riner

His commitment

Since July 2012, Teddy Riner has been an outstanding ambassador for Imagine. His commitment to support children with genetic diseases and the medical and scientific teams is very much appreciated. Teddy helps increasing awareness on genetic diseases in the world.

As our champion feels also very concerned by the future of judo, he was unanimously elected president of the International judo federation athletes' commission in 2013.

Michel Drucker

After half a century career, Michel Drucker is not ready to quit. He recently celebrated his 50 years of television without waves or scandals, on the occasion of the “Train de la télé”; a train which toured around France and tells the television history. It is impossible to name a famous France 2 television program without having his name associated to it.

Michel Drucker was born in 1942 in Calvados. Dunce before the Lord, as he reveals in his autobiography hit "What are we gonna do with you," the little country boy struggling to find his place alongside two brothers who seems to succeed. The French Office de Radiodiffusion Télévision (ORTF) gave his first opportunity as a sports commentator after his military service in 1964. From 1968 to 1988, he will comment the biggest events of football. He will then be offered his first variety show in 1966, "Tilt Magazine" before returning to sport in 1972 with the show "Sport party "on the first line of the ORTF. A perfect place for this football lover.

Between 1975 and 1980, he will present «Les rendez-vous du dimanche» on channel TF1 before taking the lead of "Champs Elysées" on Antenne 2 in 1982: two programs that have forged his popularity. He is also familiar with Johnny Hallyday, Alain Delon, Serge Gainsbourg or Vanessa Paradis. After a brief return on TF1, he will return to France 2 in 1994 to host "Studio Gabriel”.

Despite a very long career, Michel Drucker piles up again in 1998 with "Vivement Dimanche" and "Vivement Dimanche prochain" on France 2, always with the same success. His face of perfect son in law does not weary viewers. According to the Opinion Way, Michel Drucker was named the most iconic host of television history on October 5.

Sponsor of the association «Toutes à l’école» since 2006

An intimate relationship with Cambodia, a journey, Michel Drucker always had a very special relationship with this country, in 1975 while the madness of the Khmer Rouge, led by Pol Pot Communist tyrant, decimating the population, he had saved a girl of 16, Yleng, who was interned at the camp in Surin Thailand.

I have been overwhelmed by the kindness of the Khmer teachers, and students. What moved me are the smile and the eyes of these girls. When asked: "What do you want to do later? “They respond: "Doctor, to take care of my family”. We have the feeling that since their young age, they feel invested with a mission which involves them in their country. And I have been very impressed by their exceptional maturity. Supporting the association “Toutes à l’école”, founded by journalist Tina Kieffer in 2005, seemed to be more than a commitment, it was just obvious…

In poor countries, when families are able to enrol a child in school, it is the boys that are chosen. Girls, from a very tender age, are put to domestic tasks and then go on to work to help support the family.

That is why, of all the children going to school all over the world, only a third are girls. It is no surprise that of all the illiterate adults, two thirds are women. Moreover women are in charge of educating the future generations… International experts are unanimous: girls’ education is one of the biggest issues of this millennium. In countries where girls’ education progresses, infant mortality and high birth rates go down and the propagation of pandemics is controlled better. And an educated woman can educate her own children.

Because of this assessment, the journalist Tina Kieffer founded a charity called “Toutes à l’école” in 2005.

The mission is to provide high-level education to under-privileged girls and to allow them to get jobs in the future where they can enjoy freedom and dignity.

A pilot school in Cambodia ”Toutes à l’école” chose to set-up its first pilot school Happy Chandara in Cambodia. This country, of which half the population is under 18 years old, lost 90% of its intellectuals during the Khmer Rouge genocide. Poverty is so extreme that parents often have no alternative but to put their daughters to work at a most tender age.

The school is located 12km from Phnom Pen, in a rural and poor area. Happy Chandara School gives the most under- privileged girls of the area the means to build a future. Some of them will become doctors, lawyers, teachers,… Others will complete professional training for their first job. Each girl is therefore monitored according to her abilities and supported in expressing them.

High quality teaching

At the start of the 2014 academic year, 952 girls, among them 100 new students, passed through Happy Chandara’s doors. In addition to the national Khmer programme the students learn English from the first year; afterwards they learn French as well as computer skills. An important part is also given to their personal development with sport, art lessons, dancing and moral values. The girls also learn the pleasure of reading, of dreaming and of playing, thanks to the media library as well as the toy library.

In addition to general education, the association opened, in September 2013, the first Profession Training Centre for Hairdressing, whose diploma is recognised over ASEAN. The centre trains young women who did not have the chance to benefit from Happy Chandara’s system and instead went to a public school. Here they can acquire, in a very tangible way, a technical profession which will give them financial independence. In September 2014, twenty-two students entered the centre for the second year.

Global care of the children and their familiy Toutes à l’école also chose to apply everything for the health and the well-being of the children. The care of the students is global: nearly 200 000 meals are served each year, the school holds a medical centre and a dental centre, and a boarding school welcomes the most under-privileged girls. The NGO also gives the families social support and a material help, so that the poorest don’t think of pulling their children out of the school.

And tomorrow… Each year, almost a hundred girls are enrolled in First Grade at Happy Chandara School. The oldest student progress to the following grade (the oldest started 8th grade). This year Happy Chandara will begin construction on the senior high school so that the 9th grade classes are ready for the return to school in September 2015. One of the other projects in progess is the construction of a medical dispensary open to the whole village. When the school will have opened the last high school grade, there will be more than one thousand students building here the future of a free and educated woman. One thousand women, able to participate tomorrow, in the economic life and the rebuilding of Cambodia.

Toutes à l’école is a French 1901 non-profit organisation. It is financed by privates funds and has been certified by the « Comité de la Charte » 14

THE HOSPICES DE BEAUNE, SINCE 1443 1443 At a time of misery and famine, Nicolas Rolin, chancellor to Philippe Le Bon, Duke of Burgundy, and his wife, Guigone de Salins, establish the Hotel-Dieu (Hospital) to take care of the ill and poor. Since its foundation, the Hospital has been funded by legacies and gifts in the form of money, land, buildings and –naturally in Burgundy– vineyards.

1457 The first gift of vineyards is made by Guillemette Leverrier: “Beaune, lieu dit Beaumont-le-Franc”. Two years later Jean Plampays and his wife donate further vineyards. Many other such donations will follow over the next centuries until the domain reaches over 60 hectares today. The vineyard production is sold every year, and the proceeds are dedicated to funding the charitable activities of the Hospices. The methods of sale have varied over time, since the private sales in force until the French Revolution.

1859 For the first time, the Hospices wines are sold at auction.

2005 The Hospices de Beaune entrust Christie’s with the organization of the 145th wine auction, thus combining tradition and modernity. The sale is opened up to private people, who, on their own, or combining with friends and family, can buy together and share one or several barrels of wine (called pièces in Burgundy). After the sale, your wine will be tended by a Burgundy négociant-éleveur in whose cellars it will mature until the chosen moment of bottling.

2006 Princess Margarita of Romania and the French actresses Fanny Ardant and Alice Taglioni, guests of honour, encourage bidding for the special barrel “la pièce des Présidents”. The barrel of Beaune Premier Cru Cuvée Dames Hospitalières reaches 200,000 euros, a record in the Hospices’ History. These funds were dedicated to the charities Enfants et Santé and Princess Margarita of Romania.

2007 For the first time, Christie’s LiveTM allows buyers to attend the sale live via Internet and to bid from their personal computer anywhere in the world.

2008 The most remarkable novelty for the 2008 sale was the presence of a new Cuvée, the Pommard-Epenots 1er Cru Cuvée Dom Goblet, which was received with enthusiastic acclaim and reached the highest average price for a Pommard in the sale: 5.750 euros. In 2007 we had already witnessed similar enthusiasm for another new cuvée, the Corton Clos du Roi Grand Cru Cuvée Baronne Du Baÿ. Today, this has properly earned its place amongst the greatest wines of the Hospices de Beaune.

2009 2009 was a great vintage for Burgundy wines, both white and red. A large production enabled the Hospices to sell the largest numbers of pièces since 1973 (799 lots). The high quality of the wines and the international demand lead to a 20 percent rise of the average price for a barrel which made the 2009 sale result (5 million euros) the second greatest total, after the famous record of the 2000 Millennium sale. Besides, the Hospices de Beaune had the opportunity to sell for the first time a new cuvée of white wine, a Saint Romain Cuvée Joseph Menault.

2010 For the 150th anniversary, after a scant harvest (producing 643 barrels) the sale total nevertheless reached nearly 5 million euros. Of this, 400,000 euros, a record amount, represented the price paid for la Pièce du Président, a barrel of 500 litres of Beaune Premier - Cru Cuvée Nicolas Rolin, which had been specially designed for the occasion, and was brilliantly auctioned by Fabrice Luchini. A new wine, Santenay - Cuvée Christine Friedberg increasesd the number of the Hospices’ cuvées available for sale, and there was one name change: Corton-Charlemagne Grand Cru - Cuvée Charlotte Dumay became for the first time “Cuvée du Roi Soleil”. The 150th sale was a first-time opportunity to organize several events in China, in order to promote the Hospices de Beaune’s selection to connoisseurs in Beijing, Shanghai and Hong Kong.

2011 The 151th Hospices de Beaune wine auction, the oldest and most prestigious charity wine sale in the world, is to take place at the Halles de Beaune. Proceeds from the sale on Sunday 20 November will once again be dedicated to the improvement of medical equipment and structures, as well as the upkeep of historical monuments such as the world- famous Hôtel-Dieu in Beaune and its treasures. This year we celebrate 40 years since Beaune’s modern hospital was built, called Centre Hospitalier Philippe Le Bon. Vitally important renovations now need to be made, and the Hospices Civils de Beaune will rely more than ever on the proceeds from the wine auction to finance the most important modernizations to be undertaken since this pilot hospital was first opened. A challenging project which will entirely redesign the hospital, both inside and out, is being developed. The engineering design is about to be completed and work should start near the end of 2012 with an estimated execution period of six years. During this time the activity of the hospital will, of course, be fully maintained. The costs of the proposed investments are estimated at 40 million euros (all expenses combined).

In order to promote the century-old wine auction, Christie’s organises tastings around the globe each year, supported by its international network of offices and specialists. This year, tastings and dinners featuring Hospices de Beaune wines have been, or will be, organized in many capitals and big cities, with, for the second time, several events in China. Destinations in 2011 include : Singapore, London, Hong Kong, Shanghai, Beijing, Tokyo, Kobé, Kyoto, Palm Beach, Arizona, New York, Boston, Vienna and of course Paris and Beaune.

2012-2013 The proceeds of the auction sale, as well as the exploitation of the Hospices de Beaune historical monument, bring to the hospitality institute some appreciated receipts, to finance the modernisation of its buildings and of its technical installations. Indeed, the renewal of the diagnostic and therapeutic equipment, essential to ensure the implementation of medical advances and implantation of all standards to ensure the safety of patients, representing very high investment expends. Moreover, the Hospices de Beaune decided of two major architectural operations: - the extension and modernization of a building housing the frails ederly, with a budget of 18 million euros: this operation which started in 2010 finished in 2013. - the entire expansion and modernization of their hospital for their short stay, for a budget of 48 million euros: the beginning of the construction work is scheduled for beginning of 2014, and will last for six years, as part of an operation complicated by the need to continuously maintain the care and good treatment of patients. The incomes of the Hospices de Beaune greatly ease the programming of these two sites.

2014

The remodeling of the modernization and the extension of the hospital of short stays started in February 2014, and will lasts 6 years. A first phase will end beginning of 2015 and will allow the transfer of the radiology service in the new premises, with the installation of new equipment of magnetic resonance imaging (MRI). This new installation will be managed by an Economic Interest Grouping (EIG), gathering the hospital and the liberal practitioners’ radiologists.

CHRISTIE’S THE WORLD LEADING AUCTION HOUSE

Christie’s, the world's leading art business, had global auction and private sales in the first half of 2014 that totaled £2.69 / $4.47 billion, making it the highest half year total in Christie’s history. Christie’s is a name and place that speaks of extraordinary art, unparalleled service and expertise, as well as international glamour. Founded in 1766 by James Christie, Christie's has since conducted the greatest and most celebrated auctions through the centuries providing a popular showcase for the unique and the beautiful. Christie’s offers around 450 auctions annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Prices range from $200 to over $100 million. Christie's also has a long and successful history conducting private sales for its clients in all categories, with emphasis on Post-War & Contemporary, Impressionist & Modern, Old Masters and Jewellery. Private sales in the first half of 2014 totalled £498.9 million ($828.2 million).

Christie’s has a global presence with 53 offices in 32 countries and 12 salerooms around the world including in London, New York, Paris, Geneva, Milan, Amsterdam, Dubai, Zürich, Hong Kong, Shanghai, and Mumbai. More recently, Christie’s has led the market with expanded initiatives in growth markets such as Russia, China, India and the United Arab Emirates, with successful sales and exhibitions in Beijing, Mumbai and Dubai.

THE HOSPICES DE BEAUNE DOMAINE REFLECTING A MULTITUDE OF TERROIRS, AND BURGUNDIAN GENEROSITY

Ever since the XVth century, men and women have been leaving their possessions and wealth to the Hospices de Beaune. In Burgundy, nothing being more precious than vines, it is from vineyard-donations that the Domaine of the Hospices de Beaune has grown – reflecting the multitude of great Burgundian terroirs and the generosity of its people. Out of respect for the donors, the Domain is managed with the most exacting drive for quality. This commitment is expressed by rigorous cultivation methods in the vineyards, always seeking to remain faithful to the great diversity of Burgundian soils. The auction, every third Sunday of November, enables local Burgundian buyers, and those who come from all corners of the globe, to express their generosity, by taking part in the sale.

85% of the Domaine consists of First Growths and Great Growths, which is an exceptionally high percentage. The vineyards are mainly located around Beaune (Auxey-Duresses, Beaune, Meursault, Monthelie, Pommard, Pernand- Vergelesses, Chassagne-Montrachet, Savigny-les-Beaune, Volnay, Saint Romain and now Santenay) due to the geographical position of the Hospital. They have such prestigious names as Beaune Clos des Avaux Premier Cru, Corton Grand Cru, Bâtard-Montrachet Grand Cru etc. The Hospices de Beaune own vines on the Cote de Nuits as well with the Grands Crus Mazis-Chambertin and Clos de la Roche,and also and in the Maconnais with parcels of Pouilly-Fuissé.

The average age of the vines is around 35 years. The production area being run by the Hospices is close to 60 hectares, of which 50 are used for Pinot Noir, the rest for Chardonnay. The cuvées are sometimes from single vineyards, and sometimes the result of harmonious assembling of grapes from different plots. This is a singularity of the Domaine, which contributes to the uniqueness of the range of wines being offered by the Hospices de Beaune.

The work in the vineyard is carried out by 23 individuals, known as vignerons, who are employed by the Hospices and working under the direction of Roland Masse, Régisseur du domaine, wine-maker and manager. Each vigneron is responsible for approximately 2,5 hectares of land. They respect their environment and limit the production of their vines in order best to express the typicity of the individual plots (the terroir).

Since 1995, carefully thought-through farming is practised: no herbicides are used, ploughing is done in summer and winter and all treatments are chosen with regard to them not endangering the natural biological equilibrium. Since 2008, almost all the grapes have been produced without the use of synthetic products, and according to the methods of biological viticulture.

Harvesting is done by hand, the grapes being transported in small cases to the new vathouse, where, since 1994, the winemaking takes place.

THE 47 CUVEES OF THE HOSPICES DE BEAUNE

The 2014 crop will be offering 534 barrels called pièces (417 pièces of red wine and 117 pièces of white wine). There will be 47 Cuvées at the wine auction - 33 of red and 14 of white.

The Cuvées are either from single vineyards, or are judicious assemblings of grapes from different vineyard plots. This assembling of wines is one of the originalities of the Domaine des Hospices, creating some special wines which are unique to the Domaine. Each Cuvée is named after an important donor or benefactor of the Hospices de Beaune:

33 CUVEES OF RED WINE

AUXEY-DURESSES PREMIER CRU LES DURESSES – Cuvée Boillot BEAUNE PREMIER CRU – Cuvée Nicolas Rolin BEAUNE PREMIER CRU – Cuvée Guigone de Salins BEAUNE PREMIER CRU – Cuvée Rousseau-Deslandes BEAUNE PREMIER CRU – Cuvée des Dames Hospitalières BEAUNE PREMIER CRU – Cuvée Hugues et Louis Bétault BEAUNE PREMIER CRU – Cuvée Brunet BEAUNE PREMIER CRU – Cuvée Maurice Drouhin BEAUNE PREMIER CRU – Cuvée Cyrot-Chaudron BEAUNE PREMIER CRU – Cuvée Clos des Avaux BEAUNE-GREVES PREMIER CRU – Cuvée Pierre Floquet CLOS DE LA ROCHE GRAND CRU – Cuvée Georges Kritter CLOS DE LA ROCHE GRAND CRU – Cuvée Cyrot-Chaudron CORTON GRAND CRU – Cuvée Charlotte Dumay CORTON GRAND CRU – Cuvée Docteur Peste CORTON CLOS DU ROI GRAND CRU – Cuvée Baronne Du Baÿ ECHEZEAUX GRAND CRU – Cuvée Jean-Luc Bissey MAZIS-CHAMBERTIN GRAND CRU – Cuvée Madeleine Collignon MONTHELIE PREMIER CRU LES DURESSES – Cuvée Lebelin PERNAND-VERGELESSES PREMIER CRU – Cuvée Rameau-Lamarosse POMMARD PREMIER CRU – Cuvée Dames de la Charité POMMARD – Cuvée Raymond Cyrot POMMARD – Cuvée Suzanne Chaudron POMMARD – Cuvée Billardet POMMARD-EPENOTS PREMIER CRU – Cuvée Dom Goblet SANTENAY – Cuvée Christine Friedberg SAVIGNY-LES-BEAUNE PREMIER CRU – Cuvée Arthur Girard SAVIGNY-LES-BEAUNE PREMIER CRU – Cuvée Forneret SAVIGNY-LES-BEAUNE PREMIER CRU – Cuvée Fouquerand VOLNAY PREMIER CRU – Cuvée Blondeau VOLNAY PREMIER CRU – Cuvée Général Muteau VOLNAY-SANTENOTS PREMIER CRU – Cuvée Jéhan de Massol VOLNAY-SANTENOTS PREMIER CRU – Cuvée Gauvain

14 CUVEES OF WHITE WINE

BATARD-MONTRACHET GRAND CRU – Cuvée Dames de Flandres CORTON –CHARLEMAGNE GRAND CRU – Cuvée François de Salins CORTON –CHARLEMAGNE GRAND CRU – Cuvée du Roi Soleil CORTON –VERGENNES GRAND CRU – Cuvée Paul Chanson MEURSAULT-PORUSOTS PREMIER CRU – Cuvée Jéhan Humblot MEURSAULT – Cuvée Loppin MEURSAULT – Cuvée Goureau MEURSAULT –CHARMES PREMIER CRU – Cuvée de Bahèzre de Lanlay MEURSAULT –CHARMES PREMIER CRU –Cuvée Albert Grivault MEURSAULT –GENEVRIERES PREMIER CRU – Cuvée Baudot MEURSAULT –GENEVRIERES PREMIER CRU – Cuvée Philippe Le Bon BEAUNE BLANC PREMIER CRU – Cuvée Suzanne et Raymond POUILLY-FUISSE – Cuvée Françoise Poisard SAINT ROMAIN – Cuvée Joseph Menault

LES HOSPICES DE BEAUNE L’Hôtel-Dieu – « A palace for the poor »

At the end of the Hundred Years’ War, Nicolas Rolin, chancelor of the Duke of Burgundy, Philippe le Bon, was moved by the state of misery in which many Burgundians found themselves. He decided to build a hospital for the sick, the old and the deprived. In the founding charter of the Hôtel-Dieu, Nicolas Rolin declared:

“I, Nicolas Rolin (…) from now on and forever, found and irrevocably endow, in the town of Beaune, a Hospital for sick and poor people, with a chapel (…).”

The Hospices de Beaune were born. More than a mere hospital, Nicolas Rolin wanted to create a genuine “Palace for poor people” (« Palais des pôvres ») and in 1452 the Hôtel-Dieu, with its gothic facades and multicoloured tiled roofs welcomed its first patient. From then on and up to the 20th century, the Sisters of the Hospices de Beaune took care of the sick, elderly, disabled and needy. The last sick person left the Hôtel-Dieu in 1983. The Hôtel-Dieu is one of the most beautiful examples of gothic architecture. Today, it has become a museum and is one of the most visited tourist venues in France. It thus continues to represent Beaune and Burgundy and to attract visitors to this beautiful region.

Centre Hospitalier Philippe Le Bon – A pilot Hospital At the time of the 1966 wine auction, the decision was made to build a new « industrialised hospital » with 300 beds, in Beaune. This is how the Philippe Le Bon Hospital was born. It became a prototype for the French Ministry of Health, which subsequently built eight hospitals of this kind.

Since the moving of most patients from the Hotel-Dieu to the outskirts of the town of Beaune on April 20th 1971, this modern hospital has succeeded in adapting to the surgical and medical evolutions with the objective of always meeting patients’ needs. A challenging project is being developed, redesigning entirely the hospital, both inside and out, and will be implemented in January 2014.

Centre Nicolas Rolin Work on restructuring and expansion began a year ago, and capacity will increase to 180 beds in November 2013.

Maison de retraite de l’Hôtel-Dieu and Maison de retraite de la Charité – Located in the heart of Beaune and inside the Hôtel-Dieu itself, these two retirement homes offer 124 beds to their residents.

Institut de Formation en Soins Infirmiers – Built in 1980 in the vicinity of the Hospital, the institute trains over 60 nursing students every year and thus completes the activities of the Hospices de Beaune.

SOME RESULTS (1)

Average barrel price(2) Barrels Sold Total (Wines and Spirits) 2005 4 757 € 798 3 796 230 € 2006 5 508 € 688 3 789 646 € 2007 6 950 € 618 4 295 396 € 2008 5 122 € 553 2 832 272 € 2009 6 189 € 808 5 000 968 € 2010 6 876 € 642 4 414 260 € 2011 6 421 € 770 4 943 852 € 2012 10 073 € 518 5 217 740 € 2013 12 753 € 448 5 713 195 €

(1) Prix marteau (2) One barrel, une pièce, contains 228 litres, or approximately 288 bottles of 75cl.

The three most expensive cuvees (price of the most expensive barrel of each)

2005 Bâtard-Montrachet Dames de Flandres 52.000€ Mazis Chambertin Madeleine Collignon 25.000€ Clos de la Roche Cyrot-Chaudron 18.500€

2006 Bâtard-Montrachet Dames de Flandres 65.000€ Mazis Chambertin Madeleine Collignon 28.000€ Corton-Charlemagne François de Salins 26.000€

2007 Bâtard-Montrachet Dames de Flandres 52.000€ Clos de la Roche Cyrot-Chaudron 36.000€ Mazis Chambertin Madeleine Collignon 32.000€

2008 Bâtard-Montrachet Dames de Flandres 42.000€ Clos de la Roche Georges Kritter 32.000€ Clos de la Roche Cyrot-Chaudron 30.000€

2009 Bâtard-Montrachet Dames de Flandres 65.000€ Clos de la Roche Cyrot-Chaudron 38.000€ Clos de la Roche Georges Kritter 32.000€

2010 Bâtard-Montrachet Dames de Flandres 63.000€ Clos de la Roche Cyrot-Chaudron 41.000€ Mazis Chambertin Madeleine Collignon 32.000€

2011 Bâtard-Montrachet Dames de Flandres 53.000€ Clos de la Roche Cyrot-Chaudron 32.000€ Clos de la Roche Georges Kritter 31.000€

2012 Clos de la Roche Georges Kritter 67.000€ Bâtard-Montrachet Dames de Flandres 56.000€ Bâtard-Montrachet Dames de Flandres 54.000€

2013 Clos de la Roche Georges Kritter 66.000€ Clos de la Roche Cyrot-Chaudron 65.000€ Bâtard-Montrachet Dames de Flandres 61.000€

The prices of « la Pièce des Présidents »

2005 Beaune Guigone de Salins 1 barrel 61.000€

2006 Beaune Dames Hospitalières 1 barrel 200.000€

2007 Beaune Nicolas Rolin 1 barrel 65.000€

2008 Pommard Dames de la Charité 1 barrel 50.000€

2009 Meursault-Charmes Albert Grivault 2 barrels 81.000€ Corton Charlotte Dumay

2010 Beaune Nicolas Rolin barrel of 500 L 400.000€

2011 Corton Clos du Roi barrel of 460 L 110.000€

2012 Corton Charlotte Dumay barrel of 350 L 270.000€

2013 Meursault Genevrières barrel of 456 L 131.000€ Philippe Le Bon

CHARITIES AND THEIR PRESIDENTS Since 1945, every year the Hospices de Beaune have lent their support to one or more charities by donating the proceeds from one barrel of wine, called a pièce in Burgundy, sold especially for that purpose – the "Pièce du Président". This year, the Presidents of the sale, Adriana Karembeu and Michel Drucker, will have the mission to “raise the stakes” for the benefit of “Toutes à l'école”, which finance the scholarship of Cambodian girls ; founded by Tina Kieffer, and Imagine institute which mission is to cure genetic diseases ; sponsored by Teddy Riner.

Examples of recent years :

2013 Clotilde Courau, Princesse de Savoie : Associations Petits Princes et Papillons Blancs

2012 Carla Bruni Sarkozy : Fondation Carla Bruni Sarkozy Guy Roux : Fondation Idée

2011 Ines de La Fressange : Mécénat Chirurgie Cardiaque Enfants du Monde Christian Clavier : France Alzheimer

2010 Fabrice Luchini : Association pour la Vie et l’Espoir contre le Cancer (A.V.E.C) et Climats du vignoble de Bourgogne (pour La Croix Rouge)

2009 Andrea Casiraghi : La Fondation Motrice Patrick Bruel : Les Restos du Cœur Sœur Marie-Emmanuelle Minot : Communauté des Sœurs de Ste-Marthe

2008 Jean-Pierre Marielle : Comité de Côte d’Or de la Ligue contre le Cancer Michel Blanc : Enfants d’Asie

2007 Maréva Georges, Linda Hardy et Sonia Rolland : ELA Richard Berry : FRANCE ADOT et Fédération Française pour le Don de Sang Bénévole

2006 SAR Princesse Margarita de Roumanie et Fanny Ardant : Fondation Princesse Margarita de Roumanie Alice Taglioni : Enfants et Santé

2005 Catherine Jacob : IRIS Sonia Rykiel : Action contre la Faim

2004 Charlotte Rampling et Jonathan Nossiter : La Fondation de France Stéphane Bern : L’UNICEF

2003 Marlène Jobert : La Ligue Contre le Cancer Jean Reno : Médecins du Monde

2002 Chiara Mastroianni : De 7 à 97 ans Elsa Zylberstein : Equilibres et Populations

2001 Amira Casar : l’ARS Julien Clerc : Enfance et Partage

2000 Ines Sastre : l’UNISEP Charles Berling : Ecoles du Monde

1999 Kristin Scott Thomas : France Alzheimer

1998 Sandrine Kiberlain et Anouk Aimé : La Chaîne de l’Espoir 26

PRESS CONTACTS Hospices de Beaune Estelle Bidault 07 77 72 03 99 [email protected] Christie’s Beverly Bueninck 01 40 76 84 08 [email protected]

TOUTES A L’ECOLE www.toutesalecole.org Sylvie Lacoste : + 33 (0)1 46 02 91 46 / [email protected]

IMAGINE INSTITUTE www.institutimagine.org/en/ Pauline Rodrigue (Imagine) +33 (0)1 42 75 43 64 / [email protected] Béatrice Parinello-Froment (BPF Conseil) : +33 (0)6 63 72 16 06 / [email protected]