MEDIA RELEASE

1 DECEMBER 2002

TRB ANNOUNCES STRATEGIC PARTNERS

The Thoroughbred Racing Bureau Pty Ltd today announced a number of strategic alliances with
related business, sporting, entertainment and leisure companies to enable the provision of the full
spectrum of commercial solutions for organisations participating or wishing to participate in the
international thoroughbred horse racing industry.

The Thoroughbred Racing Bureau Pty Ltd Managing Director Rodney Rae stated that "these important
relationships between the TRB and our strategic partners will broaden the services we can offer to clients
ensuring that each project is as simple and as cost competitive as it can possibly be. All of our strategic
partners share a common client focussed philosophy and we are extremely fortunate to have this alliance."

For further information please contact Rodney Rae on 61 3 95210590 or 61 419190037.