1. Participating organisations. The Asian Mile Challenge is a series of races conducted by the participating organisations. In 2008, the participating organisations are:
• Melbourne Racing Club (MRC) • Dubai Racing Club (DRC)
• The Hong Kong Jockey Club (HKJC) • The Japan Racing Association (JRA)

2. Asian Mile Challenge races. The Asian Mile Challenge consists of a series of races within one calendar year.
In 2008, the Asian Mile Challenge consists of the following races:
• First Leg: Futurity Stakes (MRC) • Second Leg: Dubai Duty Free (DRC)
• Third Leg: Champions Mile (HKJC) • Fourth Leg: Yasuda Kinen (JRA)

3. Nominations for the Bonus. Race nominations* will be made in accordance with the conditions set out in the prospectus for each race as determined by the respective participating organization. A horse may be nominated for any one or more races. A horse that is nominated for the Challenge Bonus must also be nominated to individual Challenge Race. Nominations for the Challenge Bonus will close in four stages, as follows:

Free Nominations: 22 January 2008**
First Late Nomination: 27 February 2008 (Fee: US$50,000)
Second Late Nomination: 24 March 2008 (Fee: US$50,000)
Third Late Nomination: 24 April 2008 (Fee: US$50,000)
* Refer to the conditions for each race for closing dates.

** Horses nominated before Tuesday 22 January 2008 are automatically entered to run in all  
     four AMC races and qualified for the Challenge Bonus.

 As free entry for the Dubai Duty Free closes on 9 January, horses nominated for the AMC    

4. Travel incentives.
Futurity Stakes