Only Watch 2005 Preview Exhibit and Charity Auction
July 2005

Only Watch 2005 Preview Exhibit and Charity Auction
-- Prestigious auction to be conducted by Antiquorum and hosted by the celebrated Monaco Yacht Show -

"The Principality of Monaco is proud to host this unique event and I am personally delighted to offer my High Patronage for this special cause. The welfare of children and finding a cure for childhood illnesses are issues close to my heart. I congratulate and thank all participants for their much-needed support".
H.S.H. Prince Albert II of Monaco

New York, July 2005 -- The magical setting of the world's premier luxury destination, the Principality of Monaco, will provide a stunning backdrop for one of the most distinctive charitable auctions this fall. Under the High Patronage of H.S.H. Prince Albert II, the Only Watch 2005 Charity Auction will feature unique timepieces especially created for the occasion and donated by leading watch manufacturers with all profits benefiting an international research project* to find a cure for Duchenne Muscular Dystrophy.

In an unprecedented collaboration between 34 of the finest watch brands, this important event culminates on September 22 in the Principality with the live and on-line sale, conducted by Antiquorum, the world's most prestigious auction house for timepieces.

"While studying the 34 descriptions and illustrations of the watches to be offered, I was struck by the diversity of the pieces; each manufacturer has interpreted the mission in its own fashion, producing a watch that is characteristic of that firm's image, style and flair. I was moved by the humanitarian spirit displayed by the brands as they whole-heartedly and enthusiastically took part in this worthy cause. The result is an astounding and magnificent selection of 34 horological masterpieces, the finest in watch making today," said Mr. Osvaldo Patrizzi, Chairman and CEO of Antiquorum.

All watches are either unique (created for this event) or number one in a limited series. The auction catalogue and complimentary registration for bidding are available on-line at www.antiquorum.com. Participating watch manufacturers (in alphabetical order) are: Andersen Genève, Antoine Preziuso, Audemars Piguet, Blancpain, Bovet, Breguet, Chopard, Corum, de Bethune, de Grisogono, delaCour, De Witt, Eterna, Franck Muller, Frédérique Constant, Gérald Genta, Harry Winston, Hublot, IWC, Jaeger-Lecoultre, Jaquet Droz, Kiu Tai Yu, Louis Vuitton, Officine Panerai, Omega, Parmigiani Fleurier, Patek Philippe, Piaget, Pierre Kunz, Richard Mille by Philippe Starck, Swatch, Ulysse Nardin, Vacheron Constantin and Zenith.

The Monaco Yacht Show, celebrating its 15th anniversary in 2005, is proud to provide the stage for this world-first event that seamlessly combines a magnificent Riviera setting with the capacity to raise awareness and funds for research into a devastating childhood illness - two things for which Monaco is world-renowned. Each year in September, Monaco's impressive - and recently expanded - Port Hercule hosts the influential Monaco Yacht Show where, this year, more than 90 of the world's most beautiful yachts and sea-going craft, many for hire or purchase will be on display.

As part of a worldwide tour exhibition, watch enthusiasts will have the rare opportunity to admire these unique pieces at New York City's Tourneau TimeMachine on September 16-17 from 10am - 6pm. Visitors to the preview are invited to enter an in-store sweepstakes to win a fabulous trip to Monaco. An exclusive, VIP (invitation only) champagne cocktail reception, organized by the Consulate General of Monaco at Tourneau TimeMachine on Thursday, September 15 to kick-off this exhibit, is expected to attract many of New York's social and business elite.

What is Duchenne Muscular Dystrophy?
Duchenne Muscular Dystrophy is a serious genetic disease that affects one out of every 3,500 boys born. It is progressive and is marked by a gradual deterioration of the muscles, resulting in life-threatening pulmonary and cardiac complications. Those who suffer from the disease become highly dependent and require constant assistance and an adaptation of their environment. Research has made great strides during the past ten years, due to genetic progress, as well as to the dedicated efforts of associations the families of affected children. However, much remains to be done in order for effective therapies to be found to help these children.
*This project is coordinated by the Association Monégasque contre les Myopathies, a founding member of United Parent Project Muscular Dystrophy.

Antiquorum Auctioneers, the Consulate General of Monaco and the Monaco Government Tourist Office
are proud to support this unique event with the cooperation of
Société des Bains de Mer - Monte-Carlo, Town&Country Magazine and Champagne Paul Goerg.

ONLY WATCH 2005 CHARITY AUCTION
Monaco Yacht Show
Principality of Monaco
September 22 at 6 pm (12 noon EST)

ONLY WATCH 2005 PREVIEW EXHIBIT
Tourneau TimeMachine
12 East 57th Street, NYC
September 16 -17 10am-6pm

WORLDWIDE PREVIEWS
Porto Cervo: Tempi d'Oro Porto Cervo Sardinia August 17-18
Geneva: ING Private Banking Mario Botta Building, 30 av. Frontenex September 1-2
Bangkok: Conrad Hotel Bangkok September 6-7
Hong Kong: Conrad Hotel Hong Kong September 9
Tokyo: Meguro Gajoen September 13
New York: Tourneau TimeMachine 12 East 57th Street September 16-17
Monaco: Monaco Yacht Show September 21-22

Contact:
Antiquorum
Michelle Halpern
Tel: 212-750 1103
E-mail: Press

Consulate General of Monaco
Karla Modolo/Elle Berdy
Tel: 212-286 0500
E-mail: Karla Modolo

High definition images can be downloaded at www.antiquorum.com

Short-descriptions of the 34 magnificent watches offered for the Only Watch 05 Charity Auction.

Lot 1. "Navigation Pleasure" Andersen Genève " Eros " Pièce Unique.
Very fine & unique 18K white gold, cushion-shaped, reversible gentleman's wristwatch with marquetry dial & erotic automaton scene.

Lot 2. "T21 Munoionalusta " Antoine Preziuso, Genève, Pièce Unique.
A fine & unique gentleman's wristwatch with 1-minute tourbillon regulator, precision milled from a single piece of the Munionalusta meteorite.

Lot 3. "New Royal Oak" Audemars Piguet, Brassus et Genève, No. 1.
A very fine stainless steel, self-winding gentleman's wristwatch with integral bracelet, date & special dial.

Lot 4. "Leman Only Watch 2005" Blancpain, Pièce Unique.
A very fine & unique 18K red gold, self-winding gentleman's wristwatch with Grande Date.

Lot 5. "Compassion" Bovet, Fleurier, Pièce Unique.
A very fine & unique 18K rose gold, self-winding gentleman's wrist watch with hand-painted, mother-dial dial.

Lot 6. "Marine" Breguet, No. 1/7.
A very fine & equally rare 18K pink gold & platinum self-winding gentleman's wristwatch with large date & specially engraved movement.

Lot 7. "Quattro Regulator" Chopard Genève, "L.U.C. 4R Quattro Regulator Only Watch 2005" Pièce Unique.
A very fine & unique Palladium, 8-day going gentleman's wristwatch with date & second time zone.

Lot 8. "Golden Bridge" Corum "The Golden Bridge Only Watch 2005" Pièce Unique.
A fine & unique 18K white gold gentleman's wristwatch with hand-painted miniature after an original by Hans Erni & 18K white gold movement.

Lot 9. "DB S 8-day Prototype" de Bethune. Pre-production Prototype. Pièce Unique
A very fine & unique, platinum, 8-day going gentleman's wristwatch with 3-dimensional moon-phase..

Lot 10. "The Instrumento Grande" de Grisigono, No. 001.
A fine & rare 18K pink gold, self-winding, gentleman's wrist watch with Grande Date.

Lot 11. "The Bichrono" deLaCour, Genève, "The Bichrono Hommage" Pièce Unique.
A fine & unique stainless steel gentleman's wristwatch with complete double chronograph & precious wood dial.

Lot 12. "Espoir 2005" de Witt, Genève, Pièce Unique. ,
Very fine & unique titanium, red gold & academia rubber, gentleman's wristwatch with 1-minute tourbillon.

Lot 13. "Kontiki GMT Only Watch 05" Eterna, Pièce Unique.
A 18K red gold, self-winding gentleman's world-time wristwatch with second time.

Lot 14. "Crazy Hours Monte Carlo". Franck Muller, Genève, No. 1.
A fine 18K white gold, self-winding gentleman's wristwatch with random hour indication.

Lot 15. "The Heart Beat" Frédérique Constant, Genève, No. 01.
A fine 18K rose gold, manual gentleman's wristwatch with date, phases of the moon & visible escapement.

Lot 16. "Fantasy Racing" Gerald Genta, Pièce Unique.
A fine & unique 18K white gold, self-winding gentleman's wristwatch with jumping hours & retrograde minutes.

Lot 17. "Starlight" Harry Winston , "Excenter Bi-retro" Pièce Unique.
A diamond-set, 18K white gold, self-winding lady's wristwatch with retrograde seconds & day.

Lot 18. "The Solo T" Hublot MDM, Pièce Unique.
A fine & unique 18K white gold, gentleman's wristwatch with 1-minute flying tourbillon regulator.

Lot 19. "Engineer" International Watch Co., Schaffhausen No. 1.
A fine & rare stainless steel, self-winding gentleman's wristwatch with date, antimagnetic to 8,000 A/m.

Lot 20. "Reverso" Jaeger-LeCoultre "Reverso" Pièce Unique.
A fine & unique diamond-set, 18K white gold lady's reversible wristwatch.

Lot 21. "Grande Seconde Algue Petrifiée" Jacquet Droz, Pièce Unique.
A very fine & unique, 18K white gold, self-winding gentleman's wristwatch with petrified Algue dial.

Lot 22. "The Year of the Rooster Commemoration" Kiu Tai Yu, Hong Kong, Prototype No. 00.
A fine & rare 18K white gold, self-winding gentleman's wristwatch.

Lot 23. "Tambour Diving" Louis Vuitton, Pièce Unique.
A very fine & unique 18K pink gold self-winding gentleman's wristwatch with revolving dive-timer & date.

Lot 24. "Platinum Radiomir GMT" Officine Panerai, Pièce unique.
A very fine & unique platinum, self-winding gentleman's wristwatch with date & second time zone indication.

Lot 25. "De Ville Rattrapante" Omega, No. 001.
A very fine & rare platinum, self-winding gentleman's wristwatch with split-second chronograph, hour & minute-recorders & date.

Lot 26. "En hommage à G. B. A. Duchenne" Parmigiani Fleurier, Pièce Unique.
A very fine & unique 18K pink gold, 8-day going gentleman's wristwatch with engraved portrait of Dr. G.B.A. Duchenne, who first diagnosed the Myscular Dystrophy.

Lot 27. "Cabriolet" Patek Philippe Genève, "Ref. 5099/101RG", Pièce Unique.
A fine & unique diamond & yellow sapphire 18K pink & white gold gentleman's wristwatch with concealed dial.

Lot 28. "Emperador Retrograde Seconds" Piaget, Genève, Pièce Unique.
A very fine 18K pink gold, gentleman's wristwatch with retrograde seconds, power reserve indicator & date.

Lot 29. "Grande Date" Pierre Kunz, Genève, Pièce Unique.
A very fine & unique 18K red gold, self-winding gentleman's wrist watch with retrograde seconds & date.

Lot 30. "RM by Starck" Richard Mille, Ref. 005-1, Case by Philippe Starck, Modèle Unique.
A highly unusual & unique, oversized, titanium & sapphire, gentleman's wristwatch with large date.

Lot 31. "Only One Swatch" Swatch. Modèle Unique.
A fine & unique stainless steel, plastic & crystal lady's wristwatch.

Lot 32. "The Maxi Marine Chronometer" Ulysse Nardin, Le Locle, Pièce Unique.
Very fine & unique, stainless steel, self-winding gentleman's wristwatch with power reserve, large date & blue enamel dial.

Lot 33. "Only Watch 05 Multi-Tourbillon". Vacheron Constantin, Genève, Pièce Unique.
A very fine & unique stainless steel, gentleman's wrist watch with 1-minute tourbillon regulator, power reserve, date, pink gold dial & ruthenium-finished movement.

Lot 34. "Grande Chronomaster XXT Tourbillon" Zenith, El Primero, Pièce Unique.
A very fine & unique 18K white gold, self-winding gentleman's wristwatch with 1-minute tourbillon regulator, chronograph & date.

High definition images can be downloaded at www.antiquorum.com