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FOR IMMEDIATE RELEASE

Four Omega Speedmaster 50th Anniversary Limited Edition sell for almost twice their estimates

Berlin, 11 July, 2007. Four limited edition Omega Speedmaster Professionals, each the last in their line celebrating the 50th anniversary of the famous chronograph, sold for almost twice their estimates at an extraordinary charity auction in Berlin on Wednesday evening.

Organised by Antiquorum, the world’s leading horological auctioneers, the event took place at the renowned KaDeWe department store where for the third year running Omega are staging an exhibition showcasing some of their most prestigious timepieces.

As a curtain-raiser to the exhibition which opens today, the four Speedmasters went under the hammer of Antiquorum president Osvaldo Patrizzi.
The lots were one white gold, one pink gold and one yellow gold Speedmaster, each No 57 in a series of 57, and one stainless steel model, No 57 in a series of 1957. They sold for €45,000 (U$63,000/CHF75,000), €35,000 (U$48,000/CHF58,000), €35,000 (U$48,000/CHF58,000) and €15’000 (U$21,000/CHF25,000) respectively.

Prospective buyers were at KaDeWe itself, bidding by telephone or via the internet from all corners of the globe. “It was a fantastic show for the Berlin public” said Omega president Mr Stephen Urquhart.
Mr. Patrizzi added “These good results confirm again the increasing desirability of Omega watches among collectors”. The auction followed on from the amazingly successful Omegamania auction earlier this year, also run by Antiquorum, when 300 vintage or celebrated Omega watches sold for more than CHF6.5m.

Mr Urquhart, Mr Patrizzi and Mr Patrice Wagner, director of KaDeWe, were also delighted to welcome several glittering stars from the world of German showbusiness including the actors Heiner Lauterbach, Uwe Ochsenknecht and Jan Josef Liefers.

All proceeds from the Speedmaster 50th Anniversary auction will be donated to charities for children.

€/CHF: 1.66
CHF/U$: 1.20