AUCKLAND, NEW ZEALAND.- The four finalists for the country's richest arts prize, the Walters Prize, have been named. A mocked-up New Zealand Herald poster helped one artist reach the list of four finalists contending for $50,000 in the country's richest contemporary arts award, the Walters Prize. The screenprinted poster, Death Defying Art: Immendorff's Farwell [sic] Address, dated January 27, 1988, is part of Michael Stevenson's multimedia show selected by the Walters Prize jury. The other three finalists are Gavin Hipkins, who is Auckland-born and lives in Vancouver, and Aucklanders Yvonne Todd and John Reynolds. The judges, whose identities were kept secret from each other, were Auckland Artspace curator Robert Leonard, Dunedin Public Art Gallery curator Justin Paton, Unitec design school head of theory Anna Miles, and Wellington art critic and curator William McAloon. The works will be displayed at Auckland's New Gallery from June 8, and the winner will be chosen by Venice Biennale director Harald Szeemann, who will announce the results at a gala dinner to be held in mid-July. The Walters Prize is based on an artist's body of work over the past few years, rather than a single item.