Auction Sale with Enhanced Hammer Consignor to receive 10% Enhanced Hammer until Proceeds reach £20,000,000, or 7% Enhanced Hammer thereafter, provided that the reduction in Enhanced Hammer shall not reduce Proceeds below £20,000,000. Hammer Price £ 15.000.000 f 16,000,000 £ 17,000,000 £ 18.000,000 £ 18.500,000 £ 19,000,000 £ 20,000,000 £ 23,000,000 £ 25,000,000 £ 28,000,000 £ 30.000.000 Enhanced Hammer L 1.500.000 f 1.600.000 f 1.700.000 f 1.800.000 f 1.500.000 L 1.330,000 £ 1.400.000 f 1.610.000 f 1.750.000 f 1.960.000 f 2.100.000 Total Proceeds to Consignor £ 16.500.000 £ 17,600,000 £ 18.700,000 £ 19.800,000 £ 20.000,000 £ 20330,000 E 21,400,000 £ 24,610,000 £ 26.750.000 29,960,000 £ 32,100.000 ¶' Return to Consignor 110.00% 110.009E 110.00% 110.00% 108.11% 107.00% 107.00% 107.00% 107.00% 107.009E 107.00% 77tts proposal is the property of Christie's ails made subject to a satisfactory viewing of the property ant 1 a written contract signed by all parties. If Is provided solely on the basis that lt—and the Information contained therein—Ls maintained in strict confidence and is nor disclosed to anyone other than your lawyers or financial advisors. EFTA00802946