HYPOTHETICAL: $Galileo (IRE) -- =Kind (IRE) A+ Based on the Cross of Galileo (IRE)/Danehill Variant = 5.21

09/16/13 13:55:29 EDT

HYPOTHETICAL: $Galileo (IRE) -- =Kind (IRE) A+ Based on the cross of Galileo (IRE)/Danehill Variant = 5.21

=Nearco (ITY), 35 br Nearctic, 54 br *Lady Angela, 44 ch Northern Dancer, 61 b Native Dancer, 50 gr Natalma, 57 b Almahmoud, 47 ch Sadler's Wells, 81 b Hail to Reason, 58 br Bold Reason, 68 b Lalun, 52 b Fairy Bridge, 75 b *Forli, 63 ch Special, 69 b Thong, 64 b $Galileo (IRE), 98 b Raise a Native, 61 ch Mr. Prospector, 70 b Gold Digger, 62 b Miswaki, 78 ch Buckpasser, 63 b Hopespringseternal, 71 ch Rose Bower, 58 ch Urban Sea, 89 ch =Agio (GER), 55 b =Lombard (GER), 67 ch =Promised Lady (GB), 61 Allegretta (GB), 78 ch ch *Espresso, 58 ch =Anatevka (GER), 69 ch Hypothetical Foal =Almyra (GER), 62 b Nearctic, 54 br Northern Dancer, 61 b Natalma, 57 b Danzig, 77 b Admiral's Voyage, 59 dk b/ Pas de Nom, 68 dk b/ *Petitioner, 52 b Danehill, 86 b *Ribot, 52 b His Majesty, 68 b Flower Bowl, 52 b Razyana, 81 b Buckpasser, 63 b Spring Adieu, 74 b Natalma, 57 b =Kind (IRE), 01 b Red God, 54 ch Blushing Groom (FR), 74 ch Runaway Bride (GB), 62 b Rainbow Quest, 81 b *Herbager, 56 b I Will Follow, 75 b Where You Lead, 70 ch =Rainbow Lake (GB), 90 b Prince John, 53 ch Stage Door Johnny, 65 ch Peroxide Blonde, 60 ch Rockfest, 79 ch =Roan Rocket (GB), 61 ro *Rock Garden II, 70 ch =Nasira, 60 b

Note on terminology in this report: Direct Cross refers to Dosage Profile: 5 2 15 7 1 Inbreeding: Northern Dancer: 3S X 4D Dosage Index: 0.94 Nearctic: 4S X 5D the exact sire over exact broodmare sire; Rated Cross is Center of Distribution: +0.10 Natalma: 4S X 5D X 5D the cross used to base the TrueNicks rating and may differ Buckpasser: 5S X 5D from the direct cross to maintain statistical significance; AEI: Average Earnings Index; AWD: Average Winning Distance (in furlongs). All currency figures converted to U.S. dollars at time of race or sale.

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HYPOTHETICAL: $Galileo (IRE) -- =Kind (IRE) A+ Based on the cross of Galileo (IRE)/Danehill Variant = 5.21

Starters Considered Auction Results - All Foals Surface Performance in Rated Cross on Direct Sire/Broodmare Sire Cross for Rated Cross Direct Sire/ Type #Sold Avg Med Type Dirt Turf AW 114 Broodmare Sire Cross Weanlings 4 $52,478 $29,686 Starters 4 114 35 Additional Starters on Rated Cross - Yearlings 49 $273,409 $169,598 Winners 1 73 11 Total Starters 114 2YOs 3 $190,995 $17,588 SW - 19 1

Sire Broodmare Sire Sire Name $Galileo (IRE) Broodmare Sire Name Danehill Sire AEI 2.74 Broodmare Sire AEI 1.62 Progeny AWD 10.37 f Progeny AWD as BM Sire 7.70 f Chief Earner Frankel (GB) ($4,789,144) Chief Earner Subscribe (NZ) ($8,509,073)

Out of BM By Sire Line All Foals Bred on Rated Cross Sire Line with with Other Mares Other Sires All Foals Colts Fillies All Foals All Foals Foals of Racing Age 154 73 81 1,655 5,914 Starters (% Foals of Racing Age) 114 (74%) 52 (71%) 62 (77%) 1,218 (74%) 4,037 (68%) Winners (% Starters) 79 (69%) 38 (73%) 41 (66%) 818 (67%) 2,616 (65%) SW (% Starters) 20 (18%) 6 (12%) 14 (23%) 127 (10%) 202 (5%) Earnings $15,732,859 $10,419,202 $5,313,657 $95,543,185 $251,850,008 Avg Distance Raced 9.48 f 10.24 f 8.39 f 10.24 f 7.68 f Avg Winning Distance 9.20 f 9.94 f 8.19 f 10.50 f 7.66 f

Top 15 Foals Bred on Rated Cross Name Sex Foaled Sire/Broodmare Sire Best Race FRANKEL (GB) Horse 2008 Galileo (IRE)/Danehill G1SW GOLDEN LILAC (IRE) Mare 2008 Galileo (IRE)/Danehill G1SW INTELLO (GER) Colt 2010 Galileo (IRE)/Danehill G1SW CIMA DE TRIOMPHE (IRE) Horse 2005 Galileo (IRE)/Danehill G1SW TEOFILO (IRE) Horse 2004 Galileo (IRE)/Danehill G1SW RODERIC O'CONNOR (IRE) Horse 2008 Galileo (IRE)/Danehill G1SW MAYBE (IRE) Filly 2009 Galileo (IRE)/Danehill G1SW ROMANTICA (GB) Filly 2009 Galileo (IRE)/Danehill G1SW TAPESTRY (IRE) Filly 2011 Galileo (IRE)/Danehill G2SW CUIS GHAIRE (IRE) Mare 2006 Galileo (IRE)/Danehill G3SW NOBLE MISSION (GB) Colt 2009 Galileo (IRE)/Danehill G3SW SCINTILLULA (IRE) Filly 2010 Galileo (IRE)/Danehill G3SW WONDERFULLY (IRE) Filly 2011 Galileo (IRE)/Danehill G3SW SIDERA (AUS) Mare 2006 Galileo (IRE)/Danehill G3SW SECRET GESTURE (GB) Filly 2010 Galileo (IRE)/Danehill SW

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