NEWS & PRESS

What's New? November 1, 2004

Michael Saunders & Company has been selected as the exclusive affiliate of Christie’s Great Estates, Inc. – a subsidiary of Christie’s International plc, the world’s oldest fine arts auctioneer – for Sarasota and the surrounding communities in Florida. Buyers and sellers of high-value real estate in the Sarasota area now have at their command the combined efforts of Christie’s and Christie’s Great Estates through Michael Saunders & Company. Christie’s Great Estates is the largest network of real estate brokers specializing in the marketing and sale of important properties. This network of carefully selected real estate firms includes more than 650 offices and approximately 15,000 agents in 17 countries, offering local expertise combined with worldwide reach. Michael Saunders, owner and principal broker of Michael Saunders & Company, said, “We are honored to be associated with Christie’s Great Estates. Christie’s has an international client base interested in buying and selling distinctive properties as well as fine art. This association gives us the worldwide connections to present the finest properties in our community to those individuals who have the means to acquire them.” “Michael Saunders & Company has a reputation for conscientious client service and professionalism that has won them the admiration and respect of their community,” said Kay Coughlin, president and CEO of Christie’s Great Estates. “Michael Saunders & Company already enjoys a leadership position in Sarasota and the surrounding communities, and we look forward to contributing an enhanced level of service by marketing its properties internationally through more than 700 Christie’s and Christie’s Great Estates offices worldwide.” An international selection of luxury properties is showcased four times a year in Christie’s Great Estates magazine. This award-winning magazine is one of the primary ways the affluent market is targeted, reaching more than a million readers worldwide annually. The magazine is available in Christie’s Great Estates affiliate brokerage offices, Christie’s offices and salerooms, and newsstands and bookstores around the world as well as by subscription. Custom-designed property brochures with detailed descriptions and photographs are displayed in Christie’s offices and salerooms as well as in affiliate brokerage offices. In addition, properties are highlighted in Christie’s Magazine and on the Christie’s Great Estates Web site, www.christiesgreatestates.com.