The Implementation of New Penalty Policy for the Upcoming Season

1. The Implementation of New Penalty Policy for the Upcoming Season by The Hong Kong Jockey Club Racing Control Department August 2004

2. Careless Riding Incompetent Riding Failing to ride out to the end of the race (placings) Current Policy PENALTY: Suspension from riding in races from 3 to 6 Race Days

3. Total number of careless riding suspensions: 55 times Individual jockeys suspended: 27 Total days of suspension: 210 Race days Breakdown of Suspensions 30 T i 20 23 20 m 10 e 1 11 s 0 3 Days 4 Days 5 Days 6 Days 2003/2004 Racing Season

4. Connections 馬主及練馬師 馬會 The Club Fans 馬迷 Jockeys 騎師 Effect of Suspensions Jockey Suspensions

5. Club Jockeys Freelance Jockeys (Local) • Reduced value to the Club whilst jockey is sidelined • Continuity during a campaign affected • Occasionally obliged to "import" jockey to provide connections with choices • Jockeys often depart HK thereby providing no service to the Club/Connections • Continuity during a campaign affected • Guarantee earnings and other benefits continues during suspension – Reduced value to the Club Effects of Suspensions – The Club

6. Effects of Suspensions – Connections • Inability to have a constant rider • Owner-Trainer-Jockey relationship • Less choices of riders • Affect a horse's campaign • Owners with retained jockey do not get value

7. Effects of Suspensions – Fans • Less confidence due to increased changes in riders • Reduce wager when their favoured jockey is sidelined

8. Effects of Suspensions – Jockeys • Loss of potential income • Ability to partner horses during campaign affected • Race riding fitness • Relationship with connections • Apprentices not being able to gain riding experience • Owners with retained jockey "upset" at loss of jockey

9. Why Do We Need to Penalise Jockeys? Result of race may be affected by incidents (i.e. best horse should win the race) Result of race may be affected by not riding horse out to end of race SAFETY OF HORSES AND JOCKEYS CONFIDENCE IN RACING DIMINISHED

10. SUSPENSION Components of Penalty of Suspension Deterrence to other Jockeys Prevention of breaches of the Rule Penalise the rider

11. Factors in Determining Penalties • Degree of negligence • Severity of incident • Contrition/Remorse shown by jockey • Jockey's disciplinary record • Experience of jockey • Capacity to earn • Upcoming race riding engagements • Upcoming major races • Category of race (i.e. Int'l G1)

12. Riders out for an extended period Jockeys sit in Grandstand or depart HK Criticism of the Current Policy Penalties not equitable(HV vs. ST Meetings) Heavy penalty for minor infractions

13. Is there a need for a change?

14. Is there a fairer system that benefits RACING and not individuals?

15. Reduced number of race day suspended + Addition of monetary Penalty New Penalty Policy Now Previous Only suspension from riding in races (3 – 6 days)

16. The Rule & The Current Policy • The Rules of Racing provide that the Racing Stewards may issue penalties ranging from a • "disqualification or suspension for any period or for any indefinite period and may in lieu thereof or in addition thereto a fine not exceeding HK$600,000 or may impose only a fine not exceeding HK$600,000" - Rule 23(1) • Racing Stewards have always have the power to impose a fine in lieu of or in addition to suspensions, but was rarely invoked Not a New Rule!!! 這已不是一項新規例!!!

17. HK$40,000 HK$10,000 Jockeys in the TOP bracket of premiership table (Jockey B) Jockeys in the LOWER bracket premiership table (Jockey A) Details of the New Penalty Policy Monetary penalty in lieu of single race meeting suspension Range of monetary penalty

18. Details of the New Penalty Policy (cont'd) Earning Ability vs. Amount of Fine JOCKEY B 騎師乙 Amount of monetary fine is determined by an individual's earning ability $40,000 Monetary Fine罰款 $10,000 JOCKEY A 騎師甲 Earning Ability贏取獎金的能力 Low低 High高

19. Illustration Jockey A: A jockey in the LOWER bracket of premiership table Jockey B: A jockey in the TOP bracket of premiership table

20. Details of the New Penalty Policy (cont'd) Racing Stewards reserve right to alter penalties according to jockey's personal circumstances(i.e.impose a penalty of a suspension ONLY if circumstances warrant such penalty) Flexibility

21. Details of the New Penalty Policy (cont'd) • Newly licensed jockeys would be treated as being in the lower half of the proposed range • As always, each case will continued to be assessed on own set of facts • More so than in the past, jockeys MUST make the Stewards aware of their personal circumstances (i.e. ability to pay, upcoming engagements)

22. Benefits of the New Policy to HK Racing More consistent availability of jockeys Minimise the number of occasions a horse is ridden by a different jockey Alleviating the occurrence of jockey shortage Fairness in the number of races missed (HV 8R vs. ST 10R) Significantly decrease the periods of absenteeism from HK by jockeys

23. Will There be Criticisms of the New Policy? Parity in penalty (i.e. comparing penalty issued between jockeys) Previous Now 2 days + DIFFERING FINANCIAL PENALTIES First suspension = 3-day suspension

24. The Implementation of New Penalty Policy for the Upcoming Season Questions & Answers