PHOTOGRAPHS Location – Tuesday, 13 November 2007 Sale no: 7434 – Top Ten [All sold prices include buyer’s premium]

Sold: £1,474,275 $3,044,377 €2,080,202 Lots Sold: 76 Lots Offered: 113 Sold by Lot: 67% Sold by £: 78% Exchange Rate£:= $ 2.065 / €1.411

Purchase Lot Description Estimate (£) Price Buyer

Manuel Alvarez Bravo (1902-2002) £126,500 El Ensueño [The Daydream], 1931 60 40,000 - 60,000 $261,222 European Private WORLD AUCTION RECORD FOR THE €178,491 ARTIST £102,500 Hiroshi Sugimoto (b.1948), Various works from 95 30,000 - 50,000 $211,662 Anonymous Portraits, 1990s €144,627 Irving Penn (b.1917) £90,500 24 Woman with Roses on Her Arm (Lisa Fonssagrives- 80,000 - 120,000 $186,882 Anonymous Penn in Lafaurie Dress), Paris, 1950 €127,695 £72,500 69 Richard Avedon (1923-2004), Avedon/Paris, 1978 80,000 - 120,000 $149,712 European Private €102,297 £50,900 Dieter Blum (b.1936) 109 15,000 - 20,000 $105,108 Anonymous Tasting Freedom, Blue Rider, 1992 €71,819 £46,100 Alexander Rodchenko (1891-1956) 49 30,000 - 50,000 $95,196 European Private Assembling for a Demonstration, 1928 €65,047 £42,500 Edward Steichen (1879-1973) 5 20,000 - 30,000 $87,762 Anonymous Katherine Cornell, 1924 €59,967 £38,900 Edward Steichen (1879-1973) 4 15,000 - 25,000 $80,328 US Private Wind Fire -- Thérèse Duncan on the Acropolis, 1921 €54,887 £38,900 Harry Callahan (1912-1999) 9 25,000 - 35,000 $80,328 Anonymous Detroit, 1943 €54,887 £34,100 Cindy Sherman (b.1954) 15 30,000 - 50,000 $70,416 European Private Untitled Film Still #22, 1978 €48,115

Comment: Yuka Yamaji, Head of Photographs, Christie’s London: “Christie’s tightly edited sale of fine photographs by classic and modern masters achieved a strong result, setting nine world auction records including the top lot of the sale, Manuel Alvarez Bravo’s El Ensueño, which realized £126,500. A notable world auction record was also set for Helen Levitt’s New York (Three Kids on a Stoop), which sold for £29,300. The sale attracted competitive international bidding in the room, on the telephone and online, with the top lot selling to a European collector online through Christie’s LIVE™. We look forward to our next sale of Photographs at Christie’s South Kensington on Wednesday 21 November 2007 at 2pm. ” Press Contact: Hannah Schmidt +44 (0) 207 389 2964 [email protected] Next Sale Date: Photographs, Christie’s South Kensington on Wednesday 21 November at 2pm