The Stewards today concluded their inquiry into the analyst's finding regarding the post-race urine sample taken from FRANCIS (C142) subsequent to the horse racing in the SJM e c (Lisboa Challenge)(Listed) Race 7 (322) at Taipa on 22 April 2012.

During the course of the inquiry evidence was taken from Mr. G Moore, Trainer of FRANCIS who also represented the Owners of FRANCIS at this inquiry, Mr. Ao Lit Weng, a supervisor, Mr. Cheng Lirong a stable assistant, Mr. Lu Weidong a marfoo and riding boys Mr. Chen Qianhui and Mr. Mohamad Zubir Yeap Bin Abdulla. All attached to the G Moore stable. Evidence was also taken from Dr. Eugene Reynders, Senior Veterinary Surgeon of the Macau Jockey Club and Mr. John Moore horse Trainer licensed by the HKJC. Further evidence was also taken by teleconference form Dr. Thomas Tobin.

A written submission by Dr. Thomas Tobin was also provided to the inquiry on behalf of Mr. Moore.

The Racing Analytical Services Laboratory had previously advised the post-race urine sample taken from FRANCIS upon analysis had shown the presence of ATENOLOL. This finding was confirmed by the Singapore Turf Club Laboratory.

Dr. Reynders advised the inquiry that ATENOLOL is a prohibited substance in accordance with the Rules of Racing of The Macau Jockey Club.

Mr. Moore pleaded guilty to a charge under Rule 51 (2)(6) in that he as the trainer of FRANCIS did present that horse to race at Taipa on 22 April 2012 when the said horse was not free of any prohibited substance.

In deciding this matter, the Stewards took into account the overall record of Mr. Moore during his 12 years as a licensed trainer with the Macau Jockey Club, his previous record in relation to breaches of the Rules relating to prohibited substances and submissions by Mr. Gary Moore in relation to a monetary penalty rather than action against his licence to train in Macau. Further it was considered that this breach had occurred in a Listed event.

Given these circumstances, the Stewards believed the appropriate penalty was that Mr. Moore be fined the sum of $500,000.HKD.

Macau Jockey Club Rule of Racing 51(6) states that any horse which be deemed to be positive to a prohibited substance the horse shall be disqualified from the race. Accordingly FRANCIS was disqualified from the SJM e c (Lisboa Challenge) (Listed) Race 7 (322) on 22 April 2012. The Placings were amended to:

1^st SPEEDY LEO.

2^nd LUCKY AND WEALTHY.

3^rd SMILING HAPPY.

Mr. Moore was advised of his rights of appeal at 1.05pm.