Alberto Giacometti’s L’homme qui marche I (Highest price paid for a sculpture at auction - $104.3mm).Edvard Munch’s The Scream (Highest price paid for a painting at auction - $119.9mm).Trusted auctioneer of such record-setting works of art as:.Differentiated focus on middle and upper echelons of the auction market, with an average price point double that of Sotheby’s principal competitor.Strong performance has driven share price increase exceeding the S&P Midcap index over the last one, five and ten year periods.Only publicly traded investment opportunity in the art market.Leveraging the Company’s tradition of innovation, Sotheby’s is now a global art company, offering auction and much more - discreet private sales, gallery sales, retail wine and diamonds, client lending and worldwide partnerships in art education and real estate.Leading auction house for nearly 300 years, providing clients with knowledge, expertise and credibility as Sotheby's opened new markets around the globe.4 MAXBID\_2013\16 IR Pres\Presentation\BID Fall 2013 (Revised) (1) #2.pptx SOTHEBY’S TODAY