Under the Buyer's Agreement, a premium (the Buyer's

Premium) is payable to us by the Buyer in accordance with the terms of the Buyer's Agreement and at rates set out below, calculated by reference to the Hammer Price and payable in addition to it. Storage charges and Expenses

are also payable by the Buyer as set out in the Buyer's Agreement.

All the sums payable to us by the Buyer are subject to VAT

For this Sale the following rates of Buyer's Premium will be payable by Buyers of Lots:

Motor Cars and Motorcycles

15% on the first £50,000 of the Hammer Price

12% from £50,001 of the Hammer Price

Automobilia

25% up to £50,000 of the Hammer Price

20% from £50,001 to £1,000,000 of the Hammer Price

12% from £1,000,001 of the Hammer price