I.T.O.B.A 2012 STALLION SEASON AUCTION

Saturday January 21, 2012 1 pm at the Indianapolis Airport Crown Plaza

 Phone Bidding Procedure

If you are not able to attend our live Auction but would like to purchase stallion
seasons, ITOBA has established the following procedure to accommodate you:

• On Wednesday, January 18th and Thursday, January 19st from 8am to 5pm, ITOBA will accept phone-in bids at 800-450-9895.

• At the conclusion of the phone bidding period, the persons with the 2 highest bids for each stallion will be allowed to bid by phone at our live Auction on Saturday January 21rd.

• Representatives from ITOBA will call the two top bidders when the stallions are sold live and will join in the bidding with live bidders. The opening bid at the live Auction will be the highest phone bid.