RAINE ACCEPTS SEAT ON USA EQUESTRIAN BOARD

Kathleen Raine has accepted an appointment to the athlete position on the
USA Equestrian Board of Directors vacated by Robert Dover's resignation.
This appointment will be voted on by the full board at the 2002 USA
Equestrian Annual Meeting, held January 9-13, 2002 at the Hilton Charlotte &
Towers, Charlotte, North Carolina, or at its next meeting, should a special
meeting be held earlier.

Alan F. Balch, USA Equestrian President said, "The Board of Directors will
be very fortunate to welcome an athlete of Kathleen's stature and
background. We are very pleased she has accepted the responsibility to
serve the sport and her fellow athletes."

Raine was the first alternate for the 2000 Olympic Games in Sydney,
Australia, helped the US win the team Bronze for the Dressage World
Championship at the 1994 World Equestrian Games in Holland and was the U.S.
League Final Reserve Champion in 1994 finishing sixth overall at the
Dressage World Cup Final in Gothenburg, Sweden. Raine is also a member of
the USA Equestrian Dressage Committee.

USA Equestrian Inc., as the National Equestrian Federation of the U.S., is the regulatory body for the Olympic and World Championship sports of dressage, driving, endurance, eventing, reining, show jumping, and vaulting, as well as 19 other breeds and disciplines of equestrian competition. As the country's largest multi-breed organization, the Federation has over 77,000 members and recognizes more than 2,800 competitions nationwide each year. It governs all aspects of competition, including educating and licensing all judges, stewards, and technical delegates who officiate at these shows.