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Press Release London

For Immediate Release

London | +44 (0)20 7293 6000 | Matthew Weigman | Matthew.Weigman@sothebys.com Simon Warren | Simon.Warren@sothebys.com | Leyla Daybelge | Leyla.Daybelge@sothebys.com Jamie Penaloza |Jamie.Penaloza@sothebys.com

SOTHEBYS LONDON AUCTION OF FINE CHINESE CERAMICS AND WORKS OF ART DOUBLES PRE-SALE LOW ESTIMATE, ACHIEVING A TOTAL OF 12.9 MILLION

A White and Russet Jade Immortal Brushpot, Qing Dynasty, Qianlong Period sold for 1,553,250 / $2,479,453 / 1,941,258.

LONDON, WEDNESDAY, MAY 16, 2012 --- Sothebys London sale of Fine Chinese Ceramics and Works of Art today brought a total of 12.9 million / $20.5 million / 16.1 million, more than doubling the pre-sale low estimate for the entire auction (est. 6,405,000-9,289,000). Leading the sale was a white and russet jade Qing Dynasty Imperial Immortal Brushpot. The newly discovered work, notable for its large size, and exquisitely carved with scenes from the Land of Immortals, sold for 1,553,250 / $2,479,453 / 1,941,258, far surpassing its pre-sale estimate of 250,000-350,000. Robert Bradlow, Sothebys Londons Head of Chinese Ceramics and Works of Art said: We are thrilled with the results of todays sale, which follow on from the success of the sales staged by Sothebys in Hong Kong last month. We saw activity from across Asia, and the results demonstrate the continued demand for well-priced superior-quality works of art in this collecting category.

Other highlights from todays sale included: A fine white jade Buffalo group, Qing Dynasty, 18th Century from the Jersey Jades collection owned by the Earl and Countess of Jersey. Carved from an opaque white stone and depicting a recumbent buffalo surmounted by a qilin, the work sold for 668,450 / $1,067,047 / 836,362, above its pre-sale high estimate (est. 150,000-250,000). A fine and rare celadon-glazed beaker vase, Gu, Yongzheng seal mark and period sold for 589,250 / $940,620 / 737,267. With a design and form based on archaic bronzes and created by the Imperial Workshops for the Yongzheng emperor, the rare vase more than doubled its pre-auction low estimate (est. 200,000-300,000). A celadon jade landscape brushpot, Qing Dynasty, Qianlong period, also from the Jersey Jades collection owned by the Earl and Countess of Jersey, notable for its finely detailed carving and deep undercutting of an idyllic landscape, sold for 553,250 / $883,153 / 692,224, against a pre-sale estimate of 80,000-120,000.

A fine imperial gilt-bronze figure of Amitayus, Qing Dynasty, Kangxi Period, part of a small group of sculptures produced during the reign of the Kangxi emperor who was a devout follower of Tibetan Buddhism, also sold very well. Depicting Amitayus, the Buddha of Infinite Life, seated on a double lotus petal pedestal, the figure sold for 541,250 / $863,997 / 677,209, surpassing its pre-auction estimate of 200,000 300,000.

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Sale Results
Sale L12210 Fine Chinese Ceramics and Works of Art Grand Total: 12,865,275 ($20,536,838) Sold by Lot: 65.7% Sold by Value: 85.8% Lot Price (GBP) Estimate (GBP)

London, Bond St
16 MAY 12 Exch Rate: Lots Offered: Lots Sold/Unsold: Buyer 1.60 338 222 / 116

29 1,553,250 ($2,479,453) 250,000 - 350,000 Asian Trade A WHITE AND RUSSET JADE 'IMMORTALS' BRUSHPOT, QING DYNASTY, QIANLONG PERIOD 18 668,450 ($1,067,047) 150,000 - 250,000 TH A FINE WHITE JADE BUFFALO GROUP, QING DYNASTY, 18 CENTURY Anonymous

169 589,250 ($940,620) 200,000 - 300,000 Asian Trade A FINE AND RARE CELADON-GLAZED BEAKER VASE, GU, YONGZHENG SEAL MARK AND PERIOD 11 553,250 ($883,153) 80,000 - 120,000 Asian Private A CELADON JADE LANDSCAPE BRUSHPOT, QING DYNASTY, QIANLONG PERIOD 218 541,250 ($863,997) 200,000 - 300,000 Asian Private A FINE IMPERIAL GILT-BRONZE FIGURE OF AMITAYUS, QING DYNASTY, KANGXI PERIOD 85 505,250 ($806,531) 5,000 - 7,000 A PURPLE-SPLASHED 'JUN' DISH, SONG/YUAN DYNASTY Eskenazi

286 361,250 ($576,663) 30,000 - 50,000 Asian Trade A FINE IRON-RED UNDERGLAZE-BLUE 'EIGHT IMMORTALS' BOWL, KANGXI MARK AND PERIOD 117 337,250 ($538,352) 150,000 - 200,000 Asian Private A RARE BLUE AND WHITE HEXAGONAL 'HU' VASE, QIANLONG SEAL MARK AND PERIOD 186 313,250 ($500,041) 300,000 - 400,000 Asian Private TH AN IMPERIAL KHOTAN GREEN JADE DRAGON SEAL, THE SEAL QING DYNASTY, 18 CENTURY, THE SEAL FACE RECARVED DURING THE GUANGXU REIGN (1834-1908) 139 253,250 ($404,263) 8,000 - 12,000 Asian Private TH A FINELY CARVED HARDWOOD DRAGON CLOTHES CHEST, XIANG QING DYNASTY, 19 CENTURY - SEE SEPARATE PRESS RELEASE Specialist in Charge: Robert Bradlow Press Office Contact: Simon Warren and Leyla Daybelge

Please note all prices include buyer's premium. Sale session totals are net aggregate figures plus premiums. Sotheby's buyer's premium is 25% of the hammer price on the first 25000, 20% of the hammer price up to and including 500000, and 12% thereafter on each lot. **Estimates do not include buyer's premium** SOTHEBY'S: REGISTERED AT THE ABOVE ADDRESS NO. 874867

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