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For Immediate Release 25 January 2012

FREUD’S REDISCOVERED DRAWING
BRITISH POST-WAR HIGHLIGHTS AT AUCTION AT CHRISTIE’S LONDON THIS FEBRUARY

POST-WAR & CONTEMPORARY ART EVENING AUCTION Christie’s London, King Street 14 February 2012 at 7pm Francis Outred, Christie's Head of Post-War & Contemporary Art, Europe: “'2012, the year of the Olympics, is a big year for major British artists in London, with David Hockney at the Royal Academy, Lucian Freud opening at the National Portrait Gallery in February and Damien Hirst at the Tate through the summer. We are delighted to be further celebrating this in our February auctions. Alongside the outstanding Bacon of Henrietta Moraes, we are presenting an exquisite canvas from a key period by Freud and two drawings which span his career, an incredible discovery from 1948 which fills in some previously missing biographical detail and a stunning study of Bruce Bernard from 1985. Also in the auction is a very unusual study of Henry Geldzahler, Hockney's great friend and champion, from the same period”. Boat, Connemara is a meticulous and emotional drawing executed in 1948 by Lucian Freud, while the young artist was on holiday in the Irish countryside (estimate: £200,000-300,000; illustrated above). Rediscovered recently, the drawing was originally purchased directly from the artist’s studio by accomplished architect, collector and patron W. G. Howell. The present work is a significant piece in the late artist’s oeuvre, showcasing his fine draughtsman-ship skills with just a pen and tempera, and reflecting his style of the late 1940s before the focus of his work switched to oil portraiture. Freud travelled to Ireland for three weeks in August 1948 and produced only two works during his stay on the Irish coast, one of which is Boat, Connemara, where he sketched his picturesque surroundings and the lonely vision of this large vessel resting upon the empty shore. The young artist employed a masterly technique of calligraphic patterns, hatching and cross-hatching, reminiscent of old masters’ etchings, with just a hint of colour which contributes to highlight the main subject of his attention. Fresh to the market and unseen for 50 years, this exceptional rediscovery will attract the interest of discerning collectors.

Christie's is also pleased to present several other important works by Lucian Freud this February. Each coming from a different private collection, they span Freud’s oeuvre. Executed in 1985, Head of Bruce Bernard is a masterful drawing by Lucian Freud capturing one of the key figures in his life: the journalist, author and photographer Bruce Bernard. It is an affectionate portrait that prefigures two of Freud’s major paintings including Bruce Bernard (1992) and Bruce Bernard (Seated) (1996) and records the emotional rapport that existed between the artist and his friend(estimate: £120,000-180,000; illustrated top right). Painted between 1983-1984, Small Figure is an exquisitely rendered portrait of a woman, dating from a pivotal moment in the artist’s career (estimate: £1.5-2 million; illustrated centre left). It was during this period in the early 1980s that Freud carried out some of his greatest works, culminating in his widely acknowledged masterpiece Large Interior W11 (After Watteau) (1981-1983). Small Figure is perhaps best understood as a counterpoint to this large- scale depiction of close family and friends. In these contemporary works, Freud perfected his marriage of impasto and observation, translating the expression and almost tangible physicality of his sitters to canvas. Executed circa 1960, Annie is one of Freud’s earliest paintings of one of his children (estimate: £300,000-500,000; illustrated right). It depicts his eldest child Annie by his first wife Kitty Garman, daughter of sculptor Jacob Epstein. In the painting, Annie who is now an award-winning poet appears as a youthful, teenage girl. It is an intimate portrait that demonstrates the full, flushed contours of her glowing face and the heavy flounce of her dark, lustrous hair. Additionally, a comprehensive retrospective of prints will be offered at auction in the single-owner sale The Printer’s Proof: Etchings by Lucian Freud from the Studio Prints Archive on 15 February 2012. London is also celebrating another British major artist: David Hockney. As an important exhibition is currently on view at the Royal Academy, Christie's has not only ‘Hockney On Paper’, a landmark sale of works by the artist at auction in South Kensington on 17 February 2012, but will also offer Henry Reading in the evening auction of Post-War & Contemporary Art at King Street (estimate: £380,000-550,000; illustrated left). Executed in 1985 it is a larger-than-life, playful, lyrical double homage in which the artist pays tribute to one of his artistic heroes and to one of his greatest friends. Created in a semi-Cubist style, Henry Reading clearly shows the artist making witty yet earnest reference to Pablo Picasso, over whose works Hockney has poured over the years. At the same time, this picture is a portrait of Hockney’s friend Henry Geldzahler. The shard of text at the centre of the composition recalls the printed words that appeared in Picasso’s Cubist works and is in fact a magnified excerpt from Klaus Gallwitz’s influential book, ‘Picasso: The Heroic Years’, which was published that year.
### Images available on request Visit Christie’s Web site at www.christies.com *Estimates do not include buyer’s premium

For Immediate Release 25 January 2012 Contact: Cristiano De Lorenzo mob.+447500815344 cdelorenzo@christies.com

THE 1st MAJOR CANVAS BY ROTHKO
AT A LONDON AUCTION IN A DECADE

MASPERPIECES BY RICHTER, FONTANA, CAMARGO & DE STAËL
TO BE OFFERED AT CHRISTIE’S LONDON POST-WAR & CONTEMPORARY ART EVENING AUCTION Christie’s London, King Street / 14 February 2012 at 7pm Mariolina Bassetti and Hugues Joffre, International Directors, Post-War & Contemporary Art, Christie's London: “In the current market masterpieces from the Post-War years are sought-after by a larger group of collectors worldwide than ever before, and Christie's will offer some of the best works by the leading artists of the time this February. We are particularly excited to present a major work by Mark Rothko, the 1st canvas to be seen in a London auction in a decade. We are also honoured to have been entrusted with the sale of a masterwork by Nicolas de Staël, one of the largest examples from the artist’s most sought-after ‘Agrigente’ series. This vibrant, colourful painting, the kind of which has not been seen on the market for more than 25 years, constitutes a once-ina-lifetime opportunity for any de Staël collector. Equally significant Concetto spaziale, Forma, 1958, stands out among the selection of works by Fontana as it marks the beginning of Fontana’s best decade, anticipating the celebrated ‘Venezie’ series”. The first major canvas by Mark Rothko to be presented in a London auction in a decade, the spectacular Untitled was executed in 1955 (estimate on request; illustrated above). Realised at the height of the artist‟s celebrated classic period, it forms part of a series of abstract works exhibited and owned by a number of major international museums. Rendered in a palette of brilliant red vermillion, burnt ochre and white, Untitled comprises two rectangular forms floating within the canvas. Faced with this large-scale and vivid piece, „abstract sublime‟ and „spiritual awe‟ are amongst the terms used to describe this work which inevitably provokes a wealth of emotions for the transcended viewer.

Following the world record price achieved for his Kerze in our October auctions and the accompanying high prices set for Gerhard Richter in the New York sales, we are pleased to present an outstanding Abstraktes Bild created by the German master in 1994 (illustrated top right). A majestic painting from the finest period of the artist‟s abstraction, it was executed using the spontaneous squeegee technique which reveals layers of bursting azure, emerald and mauve throughout the canvas. Monumental and atmospheric, this work expresses movement and encourages the viewers to immerse themselves in the imaginary space of the composition. The harmonious painting was shown in the historical monographic exhibition staged at the d‟Offay Gallery in London in 1995 and is estimated at £5 million to £7 million. 1958 was a groundbreaking year for conceptual art, one that saw Yves Klein experimenting with the possibilities of the monochrome as a transcendental object, and Piero Manzoni with the autonomous creation of an artwork in his series of „achromes‟. For Fontana it was a year that marked his rise to international acclaim following the success of his aniline infused works in the 29th Venice Biennale. An outstanding and groundbreaking example of Lucio Fontana's pioneering approach to Conceptual Art executed in 1958, Concetto spaziale, Forma is a direct pre-cursor to his most celebrated series of paintings, the Venezie cycle of 1961 and will be offered for sale at Christie‟s London this February (estimate: £1,500,000-2,000,000; illustrated left). Created in earthy, atmospheric tones, the work prefigures the artist‟s opulent Concetto Spaziale, Festa sul Canal Grande (1961) from the Venezie series. At 150 by 150 centimeters, Concetto spaziale, Forma lends its unprecedented and heroic scale directly to all of the paintings in the Venezie series. This was one of the first times that Fontana had ever combined „buchi‟ (holes) and „pietre‟ (stones) with a dense layering of colour on canvas. Of the two other works in this small group of „inchiostri‟ realised on this scale, one is held within the permanent collection of the Louisiana Museum of Modern Art in Denmark. A student of Lucio Fontana from his time at the Academia Altamira in Buenos Aires, Sergio Camargo learnt a great deal from his teacher‟s pure, conceptual aesthetic. Executed in 1970, Relief no. 259 is a signature, radiant, white, sculptural work by Brazilian artist Camargo (estimate: £400,000-600,000; illustrated right). The long horizontal aperture cleared through the wealth of cylindrical wooden pieces in Relief no. 259, recalls Fontana‟s own slashes, cutting into the monochrome canvas to reveal the space beyond. In Relief no. 259, the wooden pieces create a dynamic play of shadows as light penetrates and illuminates different facets of the work. Relief no. 259 was created at the height of Camargo‟s career, whilst he was staying in Paris forming associations with artists such as Jean Arp, Henri Laurens and Constantin Brancusi. Camargo‟s first white relief was executed in 1963 when the artist was thirty-three. This is the first time that a work of art by Camargo is offered for sale at Christie's London.

Agrigente (illustrated left) is an extraordinary abstract landscape which forms part of the renowned series of „Agrigente‟ paintings by Nicolas de Staël, regarded as the most important ever produced by the Russian-born artist. This particular work, which was realised in Provence in August 1953, on his return from a visit to Agrigento, Sicily, is one of the largest paintings from the series and is indeed a masterwork. The thick impasto is applied with a palette knife in a technique honed down by the artist, fully emphasising the large juxtaposed strips of vivid colour. De Staël unusually signed, titled and dated the piece on its reverse, revealing its particular importance. This work is estimated to realise £3.5 million to £5 million, in line with the current record price for the artist at auction (€7,033,418 / US$9,423,121).

### Images available on request Visit Christie‟s Web site at www.christies.com

ABOUT CHRISTIE’S Christie‟s, the world's leading art business had global auction and private sales in the first half of 2011 that totaled £2.0 billion/$3.2 billion. In 2010 it achieved global auction and private sales of £3.3 billion/$5.0 billion. Christie‟s is a name and place that speaks of extraordinary art, unparalleled service and expertise, as well as international glamour. Founded in 1766 by James Christie, Christie's conducted the greatest auctions of the 18th, 19th and 20th centuries, and today remains a popular showcase for the unique and the beautiful. Christie‟s offers over 450 sales annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Prices range from $200 to over $100 million. Christie‟s has 53 offices in 32 countries and 10 salerooms around the world including in London, New York, Paris, Geneva, Milan, Amsterdam, Dubai and Hong Kong. More recently, Christie‟s has led the market with expanded initiatives in emerging and new markets such as Russia, China, India and the United Arab Emirates, with successful sales and exhibitions in Beijing, Mumbai and Dubai. *Estimates do not include buyer‟s premium.

POST-WAR & CONTEMPORARY ART EVENING AUCTION
LONDON, 14 FEBRUARY 2012 AT 7 PM ADDITIONAL HIGHLIGHTS
For Immediate Release 25 January 2012

Louise Bourgeois (1911-2010) Cumul III/Avenza Marble 23.1/2 x 42 x 40 in. (59.6 x 106.6 x 101.6 cm.) Executed in 1969 Estimate: £2,000,000-3,000,000

Francis Bacon (1909-1992) Studies of Isabel Rawsthorne oil on canvas, in two parts each: 14 x 12 in. (35.5 x 30.5 cm.) Painted in 1983 Estimate: £1,800,000-2,500,000

PROPERTY FROM THE HUBERTUS WALD CHARITABLE FOUNDATION Wols (1913-1951) Le feu (The Fire) oil on canvas 25 1/2 x 31 7/8 in. (65 x 81 cm.) Painted in 1947-1949 Estimate: £800,000-1,200,000

PROPERTY FROM A PRIVATE EUROPEAN COLLECTION Gilbert & George (b. 1943 & b. 1942) Bloody Life No. 13 mixed media, in sixteen parts overall: 98.7/8 x 83 in. (251 x 211 cm.) Executed in 1975 Estimate: £700,000-1,000,000

PROPERTY FROM THE COLLECTION OF IRVING AND CHARLOTTE RABB Alexander Calder (1898-1976) Petits disques blancs standing mobile: painted sheet metal and wire 33 x 38 x 27 in. (83.8 x 96.5 x 68.6 cm.) Executed in 1953 Estimate: £700,000-1,000,000

Paula Rego (b. 1935) Broken Promises pastel on paper laid down on board, mounted on aluminium 63 1/8 x 47 3/8 in. (160.5 x 120.2 cm.) Executed in 2006 Estimate: £400,000-600,000

Ahmed Alsoudani (b. 1975) Baghdad II acrylic and charcoal gesso on canvas, in two parts overall: 98 3/8 x 149 5/8 in. (250 x 380 cm.) Executed in 2008 Estimate: £250,000-350,000

Berlinde De Bruyckere (b. 1964) K 36 (The Black Horse) stitched horse hide, polyurethane foam, painted wood, sand and steel overall: 83 1/8 x 117 5/8 x 59 7/8 in. (211.5 x 298.6 x 151.8cm.) Executed in 2003 Estimate: £200,000-300,000

POST-WAR & CONTEMPORARY ART EVENING AUCTION / 14 February at 7 pm
VIEWINGS:

Saturday 11th & Sunday 12th February Monday 13th February Tuesday 14th February

12noon - 5pm 9am - 7.30pm 9am - 4pm

About Christie’s Christie’s, the world's leading art business had global auction and private sales in the first half of 2011 that totaled £2.0 billion/$3.2 billion. In 2010 it achieved global auction and private sales of £3.3 billion/$5.0 billion. Christie’s is a name and place that speaks of extraordinary art, unparalleled service and expertise, as well as international glamour. Founded in 1766 by James Christie, Christie's conducted the greatest auctions of the 18th, 19th and 20th centuries, and today remains a popular showcase for the unique and the beautiful. Christie’s offers over 450 sales annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Prices range from $200 to over $100 million. Christie’s has 53 offices in 32 countries and 10 salerooms around the world including in London, New York, Paris, Geneva, Milan, Amsterdam, Zurich, Dubai and Hong Kong. More recently, Christie’s has led the market with expanded initiatives in emerging and new markets such as Russia, China, India and the United Arab Emirates, with successful sales and exhibitions in Beijing, Mumbai and Dubai. *Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium and do not reflect costs, financing fees or application of buyer’s or seller’s credits.

For Immediate Release 25 January 2012 Contact: Cristiano De Lorenzo tel.+44 7500 815 344 cdelorenzo@christies.com

A WAY OF THINKING
WORKS FROM AN IMPORTANT PRIVATE COLLECTION

FOR SALE AT

C HRISTIE ’ S L ONDON

ON 15 FEBRUARY 2012
London - Following the success of a selection of works from the celebrated Collection of Anton and Annick

Herbert of Minimal Art, Conceptual Art and Arte Povera auctioned in New York in November 2011, Christie's
are delighted to offer for sale a portion of another extraordinary private collection, presented with the title ‘A Way of Thinking’. A unique assembly of works collected over the course of three decades and mainly acquired through inaugural gallery exhibitions, ‘A Way of Thinking’ represents a discerning vision. It contains exceptional and perfectly preserved works by artists that have since become milestones in the passage of contemporary art, including names such as Gerhard Richter, Thomas Struth, Jeff Wall, Thomas Schütte, Felix Gonzalez-Torres, Ellsworth Kelly, Michelangelo Pistoletto, Giuseppe Penone and Hans Haacke among others. The 59 works of art from this collection will be offered at auction at Christie's London on 15 February and are expected to fetch a total in excess of £3 million. Francis Outred, Christie's Head of Post-War & Contemporary Art, Europe: ‘The Herbert Collection auctioned in New York last November was a

groundbreaking achievement for Conceptual art when many new world record prices were set. We are excited about the sale of ‘A Way of Thinking’, another important collection which, including some of the greatest adherents of Conceptual Art, Arte Povera, British sculpture and photography, captures the essence of contemporary debate during a pivotal moment in art history’.

Darren Leak, Head of the Sale: ‘’A Way of Thinking’ is a distinctive private collection which shows an out of the

ordinary eye for contemporary art. Throughout the years its owner selected a number of great pieces by artists such as Gonzalez-Torres and Jeff Wall, Richter and Struth. It is interesting to note that the majority of the works we are offering for sale at Christie's London on 15 February were purchased when their creators were still part of the ‘avant-garde’ and not yet the superstars they have now become, demonstrating the very strong and discerning eye of the collectors’.
Perfectly exemplifying the vision which inspired ‘A Way of Thinking’, is “Untitled” (Ross in L.A.), an early and iconic installation work by Felix GonzalezTorres (illustrated right). Executed in 1991 it was acquired by the current owner in the same year. Constituting a hieratic stack of paper printed with a single silvered square, it was conceived as a perennially renewable and ever-changing totem. As the title suggests, it stands as a tribute to the artist’s long-term love Ross Laycock, who died prematurely in 1991 from AIDS. Gonzalez-Torres first began his stacked paper installations in 1989, recalling the industrially manufactured objects and serialised sculptures carried out by Minimalists such as Donald Judd. With its elementary geometry, the stack simultaneously invites and deters the audience from defiling its clean, structured aesthetic (estimate: £300,000-400,000). Another major highlight from this collection is The Jewish Cemetery, an important work executed by Jeff Wall in 1985 and acquired in 1989 (estimate: £300,000-500,000; illustrated on the previous page, top). Considered to be one of the most important works in Jeff Wall’s oeuvre, the immense scale of The Jewish Cemetery investigates the conventions of traditional western European painting to raise questions not only about how we look at art but also on the fundamental nature of modern life. The artists’ use of a light-box, combined with the omnipresent size of the overall image, produces a semi-religious experience and acts to engage the senses with rich visual pleasures inherent to the work. Equally powerful yet very different in style is Hans Haacke’s Reaganomics (illustrated on the previous page, below left). Executed in 1982-1983, this work captures the mood in the United States at the very beginning of Ronald Reagan’s presidency. It also investigates the discourses of media, cultural and political power by forcing a reexamination of how images are encoded with meaning. Created shortly after the President’s son was pictured queuing for the dole in the New York Post on 14th October 1982, Reaganomics illuminates the populist and rhetorical effect of the President’s language, using the same advertising tactics as those used in commercial practice. Widely exhibited, including at The Tate Gallery in London, The New Museum of Contemporary Art in New York, and Centre George Pompidou in Paris, this work is estimated at £20,00030,000. Also included in the sale are important lots by many other international artists, such as a work by Thomas Struth From Unconscious Places (Unbewußte Orte) estimated at £150,000-200,000 and Thomas Schütte’s Innocenti (estimate: £180,000-250,000; illustrated on the last page).

A WAY OF THINKING : WORKS FROM AN IMPORTANT PRIVATE COLLECTION

AUCTION:
Christie’s London - 8 King Street Wednesday 15 February 2011, at 12 noon

VIEWINGS:
Christies South Kensington - 85 Old Brompton Road, London Saturday 11 February Sunday 12 February Monday 13 February Tuesday 14 February Wednesday 15 February ABOUT CHRISTIE’S
Christie’s, the world's leading art business had global auction and private sales in the first half of 2011 that totaled £2.0 billion/$3.2 billion. In 2010 it achieved global auction and private sales of £3.3 billion/$5.0 billion. Christie’s is a name and place that speaks of extraordinary art, unparalleled service and expertise, as well as international glamour. Founded in 1766 by James Christie, Christie's conducted the greatest auctions of the 18th, 19th and 20th centuries, and today remains a popular showcase for the unique and the beautiful. Christie’s offers over 450 sales annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Prices range from $200 to over $100 million. Christie’s has 53 offices in 32 countries and 10 salerooms around the world including in London, New York, Paris, Geneva, Milan, Amsterdam, Dubai and Hong Kong. More recently, Christie’s has led the market with expanded initiatives in emerging and new markets such as Russia, China, India and the United Arab Emirates, with successful sales and exhibitions in Beijing, Mumbai and Dubai.

11am - 5pm 11am - 5pm 9am - 7.30pm 9am - 5pm 11am - 5pm

*Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium and do not reflect costs, financing fees or application of buyer’s or seller’s credits.