NEW YORK.- Christie’s LIVE™, the innovative real-time, multi-media auction feature from the world’s leading art business, celebrates one year of operations today. During the first year, US$25.1 million has been sold online in 377 sales, with over 28,600 online bids accepted. The combined value of winning bids and direct underbidding online stands at US$78.1 million. In the sales that have offered Christie’s LIVE™, 11% of clients have utilized the feature to register and bid, and in the New York House Sales category, LIVE™ has encouraged a 75% increase in bidder registration during its first full year. All major Christie’s sale sites are now online, and this Autumn the final auction rooms to join will include Los Angeles, Dubai, Madrid and Milan.

Andy Foster, Christie’s International Director of Operations and Christie’s Americas Chief Operating Officer, says: “Christie’s LIVE™ has been a phenomenal success. With a seamless technology that has delighted both our clients and colleagues across the globe, we have been hugely encouraged by the positive feedback we have received from all quarters.

“The Christie’s LIVE™ experience has driven highly favorable return rates for new and existing clients. Not only do clients repeatedly register with Christie’s LIVE™, but they go on to successfully buy online in large numbers – and where LIVE™ has been operational for the full twelve month period, bidder registration has substantially increased.

“With LIVE™ users regularly willing to bid at levels in excess of US$100,000, it allows our clients to participate across all price points, and with such wide acceptance, we look forward to completing the full integration of LIVE™ across our entire sales network by the end of 2007.”