USA EQUESTRIAN RELEASES OCTOBER REPORT

USA Equestrian (formerly American Horse Shows Association) today released
the monthly presidential report of ongoing activities issued to its board of
directors and other leadership of the equestrian community. It is available
at http://www.equestrian.org/EquestrianGovernance/index.html

The report includes the present tentative schedule and comments relating to
the litigation commenced by the United States Equestrian Team against USA
Equestrian, challenging its status as the United States Olympic Committee's
recognized National Governing Body for equestrian sport.

USA Equestrian Inc., as the National Equestrian Federation of the U.S., is the regulatory body for the Olympic and World Championship sports of dressage, driving, endurance, eventing, reining, show jumping, and vaulting, as well as 19 other breeds and disciplines of equestrian competition. As the country's largest multi-breed organization, the Federation has over 77,000 members and recognizes more than 2,800 competitions nationwide each year. It governs all aspects of competition, including educating and licensing all judges, stewards, and technical delegates who officiate at these shows.