OF

FINEST & RAREST WINES

With great enthusiasm we kick-off our fall auction season. Thoughts of toasting flutes of

Champagne, enjoying aged Bordeaux and reflectively sipping cognac fill our minds.

Wine is not simply a bottle of alcohol; it is a season captured in time.

This auction offers extremely rare Lafite-Rothchilds from 1865, 1870 and a 1934 once

belonging to the House of Windsor. There are a number of wines from Nicolas, including

a 1947 La Mission Haut-Brion. This auction has solid cases of La Mission Haut-Brion

from; 1975, 1982, and 2000. Fantastic offerings of First Growths from 1945, 1953,

1959, 1961, 1982, 1990, and 2000 are in abundance.

We are delighted to present some of the greatest Burgundies ever made. This auction

features 18 bottles of Domaine de la Romanée-Conti 2005, including three bottles of

Romanée-Conti. If you are looking to enjoy aged Burgundy then we have a rare

collection of wines including a Leroy Chambolle-Musigny Les Amoureuses 1929, and

three bottles of Griottes-Chambertin 2000 from Claude Dugat.

Since November, we have been eagerly anticipating a superb collection of spirits to offer.

That time has come in the form of legendary Cognacs and Armagnacs from the 19th

century.

When toasting the fall there is no better way than with four decades of Dom Pérignon.

For the lover of Sauternes we have 13 vintages of Yquem including the 1955 and the

stunning 1967.

California has an immaculate lineup that never fails to disappoint with modern-day

legends Harlan, Bryant Family, Screaming Eagle, Sine Qua Non and Quilceda

Creek.

Imagine a bottle lifted from the spring of its youth and sent across the world, to lie

dormant for years, only to awaken to a sophisticated connoisseur this fall. I hope that you

will indulge yourself and celebrate the great wines of world this September.

Max W. Cheslow

Specialist

Morrell & Company

To be auctioned at public sale at

Morrell & Company’s Tasting Room

729 Seventh Avenue (49th Street), 15th Floor, New York City

By

MORRELL & COMPANY

FINE WINE AUCTIONS

On

Saturday, September 20th, 2008

At 10:00 am

Afternoon session begins with lot 400 at 1:30 pm

9:00 a.m. Pre-sale Bidder Registration (continues throughout the day)

Bidders interested in attending this auction must pre-register by Thursday, September 18th.

Telephone Bids Accepted: 212-307-4200

Fax Absentee Bids To: 212-247-5242

For Mail Bids: 729 Seventh Avenue, 15th Fl, New York, NY 10019

Live Telephone Bidding: Please contact Kimberly Janis

Prior to September 18th at 212-307-4200 to make an appointment

Auctioneer: David Molyneux-Berry, M. W.