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Wayne, IL - June 19, 2008 - At the Wachovia Showplace Spring Spectacular II today, the top riders competed in the $10,000 Open Jumper Welcome Stake, sponsored by Canterbury Farms. New York City's Addison Phillips and Cernunnus von Hof were the fastest in the jump-off for victory. Today's highlight class was a great opener for the Open Jumpers, whose biggest class, the $50,000 Wachovia Securities Grand Prix, is on Saturday, June 21, at 3:30 p.m.

Today's course was designed by Hector Loyola of Puerto Rico. The class was a Time First Jump-off format, with the option to advance straight to the jump-off or wait until the end of the class. Out of the 23 entries in the class, 11 were clear in the first round. Most chose to do their jump-off right away, but two waited until the first round was over. The fastest four-faulter was Charlie Jayne on Boxter, owned by Alex Jayne, who finished the first round in 70.698 seconds for 12^th place.

The first to go clear was Phillips on her first mount, Trezebees. In the jump-off, they had a rail and three time faults, with a finish time of 54.181 seconds. Immediately after her was her barnmate, Maggie MacAlary, on Euro Mon Ami. They advanced to the jump-off and took the early lead, finishing clear in 45.252 seconds. MacAlary made a great inside turn after jump 14 to shave time off, which most of the other riders would attempt after her.

The lead changed hands four horses later with Kate Reuter riding On Line. They were very fast through the turns and stopped the timers in 43.547 seconds to take the lead. Nick Novak and YB Blue had a chance at the win a few horses later when they blazed through the jump-off in 42.765 seconds, but a rail at the second to last jump relegated them to 10^th place.

Kirsten Coe and Laura King-Kaplan's flashy chestnut Starlight took the lead next when they executed a clear, neat round in 43.110 seconds, but it was Phillips who entered the ring next with Cernunnus von Hof. Phillips and her horse, who she described as "very fast," blazed around the course with the quickest time of the day and left all the jumps up in 42.625 seconds.

Phillips has owned the 11-year-old gelding for almost a year, and they have moved up to the grand prix ranks quickly. Phillips just finished her first year at Harvard University, where horses took a backseat to school. She had not shown regularly since April, so this week's Welcome Stake was a good class to prepare for the grand prix on Saturday. "I haven't really been riding that much, so it was nice to have a little bit lower class before the grand prix," she confirmed. "It was my first year at school, so I was kind of figuring out how to balance it. I'm pretty rusty, so it was nice to do well. It was mostly him!"

After seeing Coe in the jump-off, Phillips followed her plan and it led her to the blue ribbon. "My horse was faster in the air. Her round was smoother and quicker probably, but my horse is really quick. I got lucky," she said. "He's a really quick horse, so when he goes clear it's fun."

The jumpers continue tomorrow with a schedule full of special classes including: the $1,500 WIHS Children's Jumper Classic sponsored by Northern Pines and the Leelanau School, the $1,500 WIHS Adult Jumper Classic, the $5,000 Low Junior/Amateur Jumper Gambler's Choice, the $5,000 High Junior/Amateur Jumper Gambler's Choice, and the $5,000 Gentleman's Invitational with exhibitor party sponsored by True North Farm.

For more information and full horse show results, please visit www.showplaceproductions.com.

WACHOVIA SECURITIES:
Wachovia Securities is the nation's third largest brokerage group and is based in Richmond, VA. It is a non-bank affiliate of Wachovia Corporation and provides financial advisory, brokerage, asset management and other financial services, helping clients make the most of their existing and potential assets through sound investment advice and the highest level of service. For more information about Wachovia Securities, LLC, please visit www.wachoviasec.com.

Final Results: $10,000 Open Jumper Welcome Stake, sponsored by Canterbury Farms
1. Cernunnus Von Hof, Addison Phillips: 0/0/42.625
2. Starlight, Kirsten Coe: 0/0/43.110
3. On Line, Kate Reuter: 0/0/43.547
4. Tjengo, Beth Underhill: 0/0/44.656
5. Euro Mon Ami, Maggie MacAlary: 0/0/45.252
6. Rodenburgh's California, Natalie Johnson: 0/0/46.053
7. Life is Life 15, Denise Wilson: 0/0/47.426
8. Orley, Kels Bonham: 0/0/48.310
9. Topliner, Nora McDonald: 0/1/52.726
10. YB Blue, Nick Novak: 0/4/42.765
11. Trezebees, Addison Phillips: 0/7/54.181
12. Boxster, Charlie Jayne: 4/70.698