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OVERVIEW

Equibase Company LLC is a general partnership between the Thoroughbred Racing Associations of North America (TRA) and The Jockey Club. The company was formed in 1991 to provide the Thoroughbred racetracks of North America with a uniform, industry-owned database of racing information and statistics.

That goal was achieved in 1998 when Equibase became the sole data collection agency and provider of racing data to the Daily Racing Form.

Through a network of chartcallers, Equibase collects past performance information from all Thoroughbred racetracks in North America. The information is processed and stored in the company's state-of-the-art database in Lexington, Ky. where it is made available for retrieval in support of the day-to-day operations of the more than 140 tracks and 1,400 simulcast outlets across the continent; the industry's daily publisher, Daily Racing Form; a host of electronic value-added resellers; and the industry's major interactive wagering services.

The company also serves the sport's fan base through its web site, equibase.com, which offers a wide array of value-added handicapping information and services geared toward every level of handicapper. Among the products available are race programs which present handicapping information in an easy-to-understand format for new and existing fans. These supplemental pages were originally developed in conjunction with the National Thoroughbred Racing Association (NTRA), to which Equibase is the Official supplier of racing information and statistics.

The Equibase Virtual Stable®, the exclusive notification service of the NTRA, delivers real-time entry, workout and result notices for horses that fans wish to follow and track. As a convenience for users, active links are included within the e-mail notifications and place users just a click away from obtaining a wealth of useful information, including programs and past performances. Virtual Stable® also features a race series notification service that allows fans to monitor the progress of leading contenders for the Triple Crown and Breeders' Cup races in the months leading up to those events.

The July 2000 acquisition of TrackMaster, a premier provider of electronic handicapping information through its TrackMaster brand, further strengthened Equibase's ability to serve the needs of all handicappers as well as the burgeoning interactive marketplace. Equibase continues to work with the leading interactive wagering providers to spur development of this emerging market by serving the information needs of their growing customer bases.

In 2008, Equibase distributed dividends totaling $3.6 million to its partners - Equibase Holding Partners, LP and The Jockey Club Racing Services.

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