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For clients who wish to bid on Chinese Painting and Calligraphy, are required to deposit RMB ONE MILLION (RMB1,000,000) and obtain a shape paddle. The shaped paddle is also valid for bidding on auction lots of other categories.

In the payment of any purchase made by the Buyer during the China Guardian 2012 Autumn Auctions, before and up to and including Nov. 15, 2012, the Buyer's commission will be charged at 13.5% of the Hammer Price. From Nov. 16 and up to and including Nov. 30, 2012, the Buyer's commission will be charged at 14% of the Hammer Price. The commission discount policy ends by the close of business on Nov. 30, 2012. Any deduction between the Buyer's payment and the Seller's payment shall not apply to this policy. The Buyers are to make full payment to collect the auction lots.

Please note the following information regarding the sale of the Chinese Oil Painting and Sculpture for China Guardian's 2012 Autumn Auctions:

1. Lot 2006: Please note the name of the work is changed.

2. Lot 2049: Please be subject to the real objects. The name of the work should be The Beauty. The publication page should be P92-93.

3. Lot 2103: The picture should be rotated 180 degrees.

2012/10/31