SHINWA ART AUCTION

SHINWA ART AUCTION
Contemporary Art Auction (SUMMER+AUCTION)
6 July, 2008

The following prices in YEN not including the Buyer's Premium.

161-266 (of 264)

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LOT	PRICE	LOT	PRICE	LOT	PRICE	LOT	PRICE
161	780,000	201	350,000	241	270,000
162	600,000	202	160,000	242	270,000
163	420,000	203	0	243	500,000
164	400,000	204	0	244	660,000
165	230,000	205	300,000	245	500,000
166	250,000	206	0	246	500,000
167	250,000	207	150,000	247	680,000
168	320,000	208	80,000	248	1,200,000
169	70,000	209	70,000	249	740,000
170	60,000	210	100,000	250	520,000
171	170,000	211	360,000	251	180,000
172	50,000	212	200,000	252	1,650,000
173	360,000	213	2,400,000	253	1,850,000
174	1,000,000	214	130,000	254	1,250,000
175	740,000	215	560,000	255	1,050,000
176	1,400,000	216	240,000	256	280,000
177	340,000	217	1,500,000	257	1,050,000
178	1,000,000	218	0	258	1,600,000
179	50,000	219	0	259	3,300,000
180	620,000	220	200,000	260	1,200,000
181	150,000	221	Withdrawn	261	660,000
182	130,000	222	560,000	262	580,000
183	360,000	223	230,000	263	Withdrawn
184	170,000	224	260,000	264	1,150,000
185	460,000	225	200,000	265	2,600,000
186	360,000	226	300,000	266	260,000
187	100,000	227	2,700,000
188	70,000	228	100,000
189	85,000	229	120,000
190	65,000	230	200,000
191	150,000	231	360,000
192	25,000	232	200,000
193	50,000	233	160,000
194	30,000	234	240,000
195	80,000	235	150,000
196	55,000	236	680,000
197	80,000	237	380,000
198	140,000	238	80,000
199	1,450,000	239	90,000
200	600,000	240	600,000

European Decorative Art Auction Result
The percentage of successful bids: 85.61%	Sale total: 117,110,000yen