BMW ORACLE TRIMARAN WILL RACE IN 33RD AMERICA'S CUP

BOR 90 will be renamed USA for the America's Cup

Statement by Tom Ehman, Spokesperson Golden Gate Yacht Club
San Diego, CA, August 10, 2009 – We are very satisfied with today's court session and the discussion around the Custom House Registry.

We're pleased to publicly confirm that the BOR 90 - which will continue to undergo modifications - is the boat that will compete for the 33rd America's Cup in 2010.

It's now clear that we can continue to modify the boat after submitting the CHR. Société Nautique de Genève asserted, once again, that they would not use the rules to disqualify our boat.

We look forward to the Judge's decision.

For additional background, please go to http://www.ggyc.com/.