Thurs 8 February 2018

70 Poll Merino Rams 70 White Suffolk Rams 23rd On Property Ram Sale Thurs 8 February 2018 at Petali, Walcha NSW www.petali.com.au

Martin & Cheryl Oppenheimer 02 6777 2124 0413 580 040 petali@northnet.com.au www.petali.com.au Jai Moar 0409 582 390 Poll Merino Flock 60 1279 White Suffolk Flock 23 0753 23rd On Property Sale Thursday 8th February 2018 at Petali Woolshed, Walcha NSW Inspection from 9am 70 White Suffolk Rams Auction starts at 11am 500 White Suffolk & Poll Merino Ewes Martin Oppenheimer holding the 2017 top price Poll Merino 150697 ($7,000) buyer David Gowing, Tamworth NSW, David Hallam, Jemalong Wool & Tom Henry, Elders Auction starts at 12 noon 70 Poll Merino Rams Auction starts at 1pm Complimentary Lamb BBQ Lunch prepared by the Walcha Hospital Auxiliary 2% Rebate to outside agents Ram Transport available Guest Auctioneer Paul Dooley Interfaced with Jai Moar & Martin Oppenheimer holding the 2017 top price White Suffolks ($1600) Auctioneer Paul Dooley, Miles Archdale, Landmark Boultons Walcha, Jerry Rogers, Kentucky Station Uralla NSW, Guy Lord & Chris Bruce, Branga Plains Walcha NSW Poll Merinos (at 1pm) Elders Walcha 02 6774 2600 Tom Henry 0409 659 877 John Newsome 0428 669 498 White Suffolks (at 11am) Landmark Boultons Walcha 02 6777 2044 Miles Archdale 0428 660 326 Simon Newton 0467 660 320 1

Welcome to Petali Martin Oppenheimer, Principal Welcome to the 23 rd Petali On Property Ram sale We are pleased to present our latest genetics for your inspection and want to discuss some of the current industry trends & news in the Petali sheep studs WOOL MARKET the new normal? The wool market has continued to move in our favour during 2017. The burning question: is this the new normal, with an EMI above 1500? Supply & Demand will answer this question with lower supply clearly in our favour currently. We know it is important to keep improving productivity, product quality & lower cost of production. Trends now are again for finer microns (especially 16 to 19), higher staple strength and better quality wools. Active wear, new fabrics & processors cash-flow demands have seen cardings and prem shorn wools easy to sell happy days. The demand for NM wool has increased with more supply, and premiums are increasing. To gain access to these premium markets this must be considered. 8 MONTH SHEARING working well We have experienced excellent demand for our 65-75mm merino ewes wool with 8 months growth. We are experimenting with different clip preparation and marketing options, at auction & direct. Clip preparation is less costly at these lengths and the sheep maintain better condition scores. BENCHMARKING This is a key part of our business success. When we enter data into Merinoselect and Lambplan it ranks our sheep with all the sheep on the Sheep Genetics databases. We also enter sires in Merino Sire Evaluation for better linkage to improve accuracy of our data. Our farm business data is also benchmarked with other grazing businesses, through Newsome Ag & Agripath. Results are below: PETALI GROSS MARGINS 2016/17 GM/DSE GM/Ha Merino ewe x White Suffolk ram (Lambs) $44 $510 (Lambs group average) $25 Merino ewe x Merino ram (Fibre) $40 $465 (Fibre group average) $27 Angus cow x Angus Bull (Beef Breeding) $37 $429 (Beef Breeding group average) $40 A key take home message from the enterprise benchmarking is: The best performing lamb flocks have a significant wool income The best performing wool fibre flocks have a significant lamb/sheep trading income GENETIC PROGRESS pushing the limits MERINOS: Greater selection for more early growth, fleece weight, more fat and muscle. WHITE SUFFOLKS: Greater selection for more early growth and muscle, with moderate fat. Our breeding philosophy is to keep it simple and focus on a few key traits. In both our Poll Merinos and White Suffolks we are using the best young sires that we can find and turning them over quickly. The genetic gains mean that sires over 3 years of age can be out of date. MORE GENOMIC TESTING Every year we are testing a bigger percentage of our ram weaners with DNA Genomic tests. The main advantages are earlier access to ASBVs, Poll tests in the merinos & EQ for all our sheep. You will see more of the blue double helix symbol on the Sheep Genetics website with Petali sheep that have been tested. USING MORE RAM LAMBS AS SIRES We are using more ram lambs as sires. This means we are keeping less older rams and selling more top rams. Many of the rams for sale in 2018 were mated in autumn 2017. By using genomic testing we are able to pick top performance rams early, mate them with confidence, then sell them. It s a winwin. Ram lambs that are able to mate at 6 to 7 months of age will breed ideal lambs with early growth for you. MORE DOUBLE POLLS PP In our Poll Merinos that were Genomics tested in 2017, over 70% were double Polls PP. EATING QUALITY EQ - flavour, juiciness, tenderness Eating Quality is one of the new mega-trends in the red meat industry and lamb is well positioned to take advantage. Lamb has had a good reputation for EQ in recent years. Long gone are the little fatty lambs as the modern, growthy, leaner lambs dominate production. But beware the example of Pork with too much emphasis on growth and lean meat yield, resulting in a dry, tough, poor eating experience. Intramuscular Fat (IMF) & Shear Force (SF5) are key traits that will deliver EQ (plus MSA grading). IMF is a measure of the chemical fat % in the loin muscle of a lamb and is often referred to as marbling. IMF has been shown to have a significant impact on the flavour, juiciness, tenderness and overall likeability of lamb meals. Rams with more positive IMF ASBVs produce lambs with higher IMF. SF5 is a measure of the force or energy required to cut through the loin muscle of lamb after 5 days of ageing. The SF5 ASBV is reported in deviations of kilograms of force. Rams with more negative SF5 ASBVs produce lambs with more tender meat. White Suffolks and Merinos can have good IMF & SF5 ASBVs, but as always, selection is critical. We know that Growth and Muscle are the big traits for $ returns, but EQ is a must watch. All the best for 2018 and thank you for your support. 2 3

Petali White Suffolks Flock 23 0753 Annual program for Petali White Suffolks 2018 OJD Monitored Negative MN3 Accredited Brucellosis Free Footrot Free declared LAMBPLAN registered Full pedigrees & performance recorded 250 Stud Mature Ewes 150 Stud Ewe Lambs Tagging new lambs & recording birth weight January February Genomic TSU sample top 100+ ram lambs On-Property Ram Sale: White Suffolks at 11am, first Thurs in Feb Measure weaners Body Weight, scan Eye Muscle & Fat Measure weaners individual Worm Egg Count & drench Aims: To breed White Suffolk rams suited to be mated with merino, crossbred, composite & maternal ewes for easy lambing, early growth & high value prime lamb production. March Classing/selection & mating allocation (Matesel) Stud AI & Natural mating begins Ram lambs mate flock merino CFA sale ewes Main Selection Traits: Low Birth Weight High Lambing Ease Moderate Fat Early Growth Good Muscle Worm Resistance & Resilience April WS ram lambs mate flock merino ewes Natural mate ewe lambs The August born ram lambs are mated with Petali merino flock ewes from March to April. We offer these rams for sale as one year olds. Stud ewes are mated to White Suffolk sires at 6 months to lamb as one year olds. May August Ultra-sound Preg Scan CFA sale flock merino ewes & sell Ultra-sound Preg Scan stud ewes Shear merino ewes first week (8 month shearing) Mature Stud ewes lambing Mothering up at birth, birth weights & lambing ease recorded, tagging, any faults noted September Stud lamb marking, 6 in 1 vaccine, scabi-guard Yearling ewes lambing December Weaning, 6 in 1 vaccine, drench, shear all ewes & rams Backline sale rams. Measure Body Weight 4 5

2016 WHITE SUFFOLK SIRES SIRE BWT WWT PWT PEMD PFAT PWEC NLW IMF SF5 C+ LEQ FARRER- 110156 FARRER- 120057 FARRER- 130076 FARRER- 140144 0.21 8.1 12.9 2.2-0.9 0.27 8.2 12.8 2.6 0.2 0.41 10.4 16.6 2-0.6 0.14 6.9 11.6 2.2-0.2-51 1% -0.48 1.4 193 139.6-70 4% -0.39 0.4 193 143.4 41 7% -0.79 3.9 208 131.2-83 -1% -0.45 0 183 134.9 6 7

Petali White Suffolk Genetic Trends Below are averages for the entire 2016 drop MORE EARLY GROWTH 2016 average PWT + 13.1kg Australian Sheep Breeding Values Definitions GROWTH BWT BIRTH WEIGHT (kg) Estimates the genetic difference between animals in live weight at birth. WWT WEANING WEIGHT (kg) Estimates the genetic difference in body weight at weaning or 100 days of age. PWT POST WEANING WEIGHT (kg) or EARLY GROWTH Estimates the genetic difference in body weight at 225 days of age. CARCASE PEMD Post Weaning Eye MUSCLE Depth (mm) Estimates the genetic difference in eye muscle depth at 45kg live weight. PFAT - Post Weaning FAT (mm) Estimates the genetic difference in fat depth at 45kg live weight. MORE MUSCLE 2016 average PEMD + 1.97 mm WELFARE PWEC Post Weaning WORM EGG COUNT (%) Estimates the genetic difference in worm burden at 225 days of age, expressed as a % relative to a mob average count of 500 epg. PWEC ASBV s describe the value of an animals genes for carrying worm burdens - a combination of being genetically less likely to pick up & host worms (resistant) and being able to cope immunologically with worm burdens (resilient). REPRODUCTION NLW NUMBER OF LAMBS WEANED % Estimates the genetic difference in number of lambs weaned compared to average. BETTER EATING QUALITY 2015 average LEQ = 135.8 LEQ LEQ Lamb 2020 EATING QUALITY Index Developed for to suit terminal producers targeting improved eating quality in their prime lambs while continuing to improve production traits in a balanced way. The LEQ index is similar to the EQ index however is based on the same production targets as Lamb 2020 where birthweight (BWT) & worm egg count (WEC) are important in the breeding objective. TRAIT 10 year Change BWT 0.07 PWT 2.6 PFAT 0.33 PEMD 1.17 PWEC -36 SF5 (Shear Force) -2.06 IMF (Intramuscular Fat) 0.1 If more information is required please ask, or look up more ASBV s on the Lambplan website www.sheepgenetics.org.au/lambplan Information in this catalogue is from the Lambplan run dated 1 January 2018 Pen cards on sale day may contain more recent information 8 9

PETALI WHITE SUFFOLK AUCTION LOT TAG SIRE Born BWT WWT PWT PEMD 1 160094 F57 2 0.34 10.1 16.1 1.6 2 160023 F57 1 0.28 8.6 13.8 2.2 3 160069 F57 1 0.13 8.3 13.1 2.5 4 160138 F156 2 0.34 8.9 13.5 0.6 5 160028 F76 1 0.45 10.5 16.7 1.8 6 160128 F76 2 0.49 10.8 16.5 1.6 7 160297 F156 2 0.4 8.8 14 1.4 8 160226 F76 2 0.41 9.5 15.3 1.7 9 160287 F76 2 0.36 9.6 15.7 2 10 160207 F76 1 0.27 9.1 14.8 2.1 11 160072 F76 1 0.44 10.6 16.9 2 12 160046 F76 1 0.22 8.7 14.9 2.3 13 160244 F156 2 0.15 7.2 11.4 2.3 14 160233 F156 1 0.13 7.1 11.1 1.7 15 160003 F57 1 0.28 9.1 14.2 2.5 16 160034 F57 1 0.26 8.3 13.5 1.9 17 160044 F76 2 0.17 8.4 13.9 2.5 18 160115 F156 2 0.22 8.4 13.2 2.3 19 160134 F156 1 0.24 8 12.7 2 20 160024 F57 2 0.17 8.6 13.4 2.2 PETALI AVERAGE 0.24 8.3 13.2 1.9 TERM AVERAGE 0.24 7.8 12 1.4 Thursday 8 Feb at 11am PFAT PWEC NLW IMF SF5 LEQ Buyer & Price -0.7-55 5% -0.4 2.8 144 0-78 3% -0.1-0.7 151-0.2-62 3% -0.2-1.5 150-1.5-52 2% -0.5 1.9 134-0.9-2 6% -0.8 3.6 136-0.3-9 6% -0.5 3.1 136-1.3-28 2% -0.6 1.5 136-0.7 7 5% -0.5 2.2 136-0.5-15 7% -0.8 2.1 137-0.6-16 5% -0.7 3.3 135-0.1-22 6% -0.7 3.2 137 0-30 7% -0.5 1.3 138-0.2-53 2% -0.1 0.1 140-0.6-71 1% -0.2 0.6 136-0.1-55 3% -0.5 1 144 0.2-41 3% 0.0-0.3 142 0-28 6% -0.8 2.4 132-0.7-39 3% -0.6 1.7 139-0.7-56 3% -0.4 0.9 137-0.1-60 4% -0.2 1.1 143-0.3-45 4% -0.4 1.1 137-0.5-12 2% -0.4 2.5 126 10 11

PETALI WHITE SUFFOLK AUCTION LOT TAG SIRE Born BWT WWT PWT PEMD 21 160162 F57 2 0.07 7.9 12.4 1.7 22 160163 F57 2 0.19 7.6 11.8 1.8 23 160197 F57 2 0.3 8.9 14 1.7 24 160005 F57 3 0.33 9.6 14.9 1 25 160045 F57 1 0.12 7.2 12.1 2.3 26 160165 F156 1-0.01 7.2 12.3 2.9 27 160114 F57 1 0.06 8.7 13.7 2 28 160201 F76 2 0.5 10.6 16.6 1.7 29 160137 F156 2 0.14 7.5 11.3 1.1 30 160060 F76 2 0.26 8.1 13.2 1.9 31 160203 F57 2 0.24 8.1 12.7 2.3 32 160264 F76 2 0.36 9.4 14.6 1.7 33 160224 F57 2 0.35 8 12.8 1.7 34 160050 F156 2 0 6.6 11 2.6 35 160215 F76 2 0.18 9.4 15.4 1.9 36 160040 F57 2 0.34 8.5 13.4 2 37 160112 F156 2 0.03 6 9.5 2.2 38 160315 F76 1 0.18 8.3 13 2.3 39 160039 F57 2 0.25 7.8 12.1 0.9 40 160076 F156 2 0.03 5.8 9.2 1.8 PETALI AVERAGE 0.24 8.3 13.2 1.9 TERM AVERAGE 0.24 7.8 12 1.4 Thursday 8 Feb at 11am PFAT PWEC NLW IMF SF5 LEQ Buyer & Price -0.4-53 3% -0.4 0.9 136-0.4-51 4% -0.3 0.7 137-0.5-57 4% -0.5 1.4 139-0.7-61 3% -0.4 1.9 138 0-55 3% -0.2-1.3 142 0-57 1% -0.2-0.3 144 0.3-76 3% 0.0-1 148-0.9 5 5% -0.8 3.5 137-0.6-45 1% -0.3 0.8 130-0.4 1 6% -0.8 3.5 124 0-65 4% -0.2 0.1 143-0.5-18 5% -0.4 2 137-0.1-62 3% -0.1 0.4 140 0-58 1% 0.0-1.1 144-0.6-7 4% -0.5 1.2 140-0.3-65 5% -0.4-0.3 143 0-39 2% -0.2 0.3 131-1 -27 5% -0.7 3.3 134-0.6-62 4% -0.3 0.6 133-0.4-36 1% -0.3 1.1 126-0.3-45 4% -0.4 1.1 137-0.5-12 2% -0.4 2.5 126 12 13

PETALI WHITE SUFFOLK AUCTION LOT TAG SIRE Born BWT WWT PWT PEMD 41 160092 F156 3 0.21 7.9 12.1 1.2 42 160070 F57 2 0.16 8.1 12.8 2.6 43 160249 F144 2 0.29 9.1 14.5 2.1 44 160250 F76 2 0.37 11 17.5 1.9 45 160221 F76 2 0.41 9.4 15 1.9 46 160293 F144 2 0.21 7.1 11.7 1.5 47 160097 F57 2 0.31 8.2 12.6 1.7 48 160098 F57 2 0.27 7.9 12.4 2.8 49 160262 F57 3 0.16 7.4 12.3 3.3 50 160149 F156 1-0.14 5.2 8.2 1.9 51 160161 F57 2 0.25 8.1 13.1 0.4 52 160268 F57 2 0.26 7.9 12.7 1.8 53 160229 F76 2 0.27 8.1 12.7 2.3 54 160090 F156 3-0.08 5.7 9.9 1.7 55 160309 F57 2 0.31 8.8 14 0.7 56 160192 F57 2 0.25 7.8 12.6 2.7 57 160310 F57 2 0.24 7.5 12.4 2.2 58 160252 F57 2 0.24 8.2 12.8 1.7 59 160299 F57 2 0.4 8.5 12.9 1.5 60 160276 F76 2 0.4 8.9 14.5 2.4 PETALI AVERAGE 0.24 8.3 13.2 1.9 TERM AVERAGE 0.24 7.8 12 1.4 Thursday 8 Feb at 11am PFAT PWEC NLW IMF SF5 LEQ Buyer & Price -0.5-51 2% -0.1 1.3 133 0.2-79 3% -0.4-0.1 144-0.7-75 2% -0.6 0.8 145-0.6-36 7% -0.8 4 141-0.2-16 5% -0.8 2.9 130 0.1-82 1% -0.2 0.2 134-0.3-56 3% -0.3 0.8 138-0.3-27 3% -0.5 1.3 138 0.4-65 5% -0.4 0.1 145 0 1 2% -0.3 1.1 120-0.2-68 4% -0.2 1.2 134-0.2-45 3% -0.6 2.8 129 0.1-16 7% -0.4 0.9 133-0.3-58 1% -0.1-1.3 136-0.6-64 3% -0.1 0 139 0-57 3% -0.6 1 140-0.6-71 3% -0.4-0.2 145-0.5-55 3% -0.4 2.4 138-0.3-51 3% -0.4 1.8 135 0.5-5 6% -0.3-0.1 138-0.3-45 4% -0.4 1.1 137-0.5-12 2% -0.4 2.5 126 14 15

PETALI WHITE SUFFOLK AUCTION LOT TAG SIRE Born BWT WWT PWT PEMD 61 160155 F76 2 0.3 8.6 13.9 2 62 160279 F57 2 0.25 7.6 11.9 1.3 63 160078 F76 2 0.35 8.7 14.1 1.7 64 160071 F57 2 0.17 7.1 11.4 2.3 65 160316 F144 1 0.19 7.3 12.5 3.2 66 160160 F57 2 0.1 7 11.2 1.4 67 160273 F144 2-0.08 6.5 11.1 3.7 68 160168 F57 3 0.31 8.7 12.8 0.8 69 160048 F57 2 0.27 7.5 12.5 2 70 160290 F76 2 0.36 9 13.7 0.9 PETALI AVERAGE 0.24 8.3 13.2 1.9 TERM AVERAGE 0.24 7.8 12 1.4 Thursday 8 Feb at 11am PFAT PWEC NLW IMF SF5 LEQ Buyer & Price -0.3-36 5% -0.5 2.8 137-0.1-50 4% -0.2 0.2 134-0.4-21 5% -0.6 2 133 0.4-73 2% -0.1-0.6 140 0.3-71 1% -0.6 0.8 138 0.1-59 3% -0.1-0.4 136 0.1-71 0% -0.5 0.9 141-1 -60 3% -0.4 2 136-0.6-79 4% -0.5-0.8 144-1.2-17 4% -0.9 3.5 125-0.3-45 4% -0.4 1.1 137-0.5-12 2% -0.4 2.5 126 Thanks for attending the Petali Ram Sale. Please enjoy the complimentary Lamb BBQ Lunch prepared by the Walcha Hospital Auxiliary. 16 17

Petali Poll Merinos Flock 60 1279 OJD Monitored Negative MN3 Accredited Brucellosis Free Footrot Free declared MERINOSELECT registered Full pedigree & performance recorded Annual program for Petali Poll Merinos 2018 January Wean lambs: measure stud lambs body weight, 6 in 1 vaccine B12, drench, draft ram & ewe lambs Genomic TSU sample top 100+ ram lambs 650 Poll Merino Ewes Average micron: 17.2 (Adult) 15.2 (Hogget) Mothering up & tagging lambs Aims: To breed balanced plain bodied Poll Merino genetics that produce heavy fleece weights of elite fibre plus high weaning rates of lambs with early growth at low cost of production. They do not require mulesing. Main Selection Traits: Weather proof white crimpy wool High fleece weights High weaning rates Less breech wrinkle & dag More early growth More genetic fat More genetic muscle Better Worm Resistance & Resilience Benefits: Profitable enterprise, Cash flow positive with more wool & lamb sales, can be shorn with 6, 8 or 12 months growth Naturally polled sheep for safer handling & mechanical sheep handlers/drafters Sheep with early growth require less feed, water & management Less chemical treatments used No mulesing required History: Petali Merino Stud was established in 1966 (by Martin s parents Herbert & Jillian) with one third of the Mirani Stud (est. 1932 by Martin s grandfather AS Nivison), descendants from the Ohio flock (est.1868 by Martin s great-great grandfather Abraham Nivison). Originally Tasmanian blood, introductions since have been from productive fine/medium bloodlines. Sheep Classers & Selection: During the 1980 s objective measurement using raw data was used in selection. In 1991 Petali commenced a new breeding program with Dr Jim Watts as stud classer until 1997 and Dr Paul Swan consulting from 1996 until 2001. Mr Rob Russell was stud classer from 2001 to 2013. Genetic progress since 1991 has been significant and resulted in Petali being a leading productive fine merino flock. Accelerated genetic gain since 2001 has been a result of the adoption of Australian Sheep Breeding Values (ASBV) technology and involvement in MLA s Merino Validation Project from 2002-2005. Now Genomic testing is aiding early selection & use of ram lambs, older sires are not required. Matesel is used to optimise genetic gains & minimise co-ancestry. Poll Merinos: Commenced in 1997, with the original merino stud 503054 now discontinued and all sheep since 2007 have been registered under Petali Poll Merino flock number 601279. February March April May July August Sept/October November December On Property Ram Sale: Poll Merinos at 1pm, first Thurs in Feb First classing for stud weaners Record adult ewe body weights & condition scores, classing, sire selection & mating allocation Score all stud merino weaners for dag Measure weaners individual Worm Egg Count & drench AI & Natural Mating begins 5 weeks Weaners Post Weaning Body Weight Ultrasound pregnancy scanning, twin ewes drafted & given preferential treatment Mid-side fleece sample stud weaners Shearing rams, measure fleece weights, record Wool Bin Drench, 6 in 1 vaccine, backline sale rams Lambing Mothering up, tagging; any faults noted Measure stud merino yearlings for Body Weight, scan Eye Muscle & Fat Depth Lamb marking, 6 in 1 vaccine, scabi-guard Score stud lambs for Breech Wrinkle & Breech Cover Classing for Reserves, Auction & Grades, inspect feet & prepare for sale Jet rams on head 18 19

2016 POLL MERINO SIRES SIRE Poll YWT YEMD YFAT YCFW PETALI POLL- 140797 140797 PP 5.7 1.7 1 22.8 PETALI POLL- 130322 130322 PP 5.8-0.1 0.8 7.8 PETALI POLL- 130326 130326 PP 5.8-0.7 1.3 14.3 PETALI POLL- 140257 140257 PP 2.5-0.6 0 0.2 PETALI POLL- 140297 140297 2.5-0.5 0.4 6.7 PETALI POLL- 140412 140412 1.9-0.8-0.1 6 PETALI POLL- 140577 140577 5.5 1.4 1.4-4.1 KARBULLAH- 140047 K47 PP 6.4 1.5 1.4 16.7 BOYANGA- 145112 B5112 PP 3.5 1.2 1.5 3 LEAHCIM POLL- 132624 LH13 PP 6.7 0.9 1.3 17.4 LEAHCIM POLL- LH2012 142012 PP 2.9 0 0.2 19.7 LEAHCIM POLL- LH2032 142032 PP 4.5-0.9-0.3 28.7 NERSTANE- 140133 N133 PP 4.3-0.4 0.5 25.2 NERSTANE- 140053 N53 PH 8-0.3-0.1 28.3 YFD YSL YSS PWEC EBWR IMF SF5 MP+ DP+ -0.6 11.7 3.6-37 0-0.15 0.5 159 167-2.2 1.5-0.6-35 -0.7 0 0.9 151 150-1.1 4.3 1.1-30 -0.5 0.22 0.4 151 147-2.3 8.3 0.7 2-0.4 0.25-0.4 130 123-2.5-1.2-2 -73-0.3 0.54-1.2 124 108-2.4 4.4 1-42 -0.3-0.03 1.6 147 138-2 -3.2 2.9 21-0.6 0.01 0.4 130 137-0.2 17.6-0.6-49 -0.8 0.25 1.1 133 144-1.1 17.4-3.4-42 -1.2 0.73 1 125 141-1.2 10.4 1-14 -0.8-0.12 1.2 146 146-0.8 10.8 5.6 118-0.6 0.21-1.2 142 131-1.2 15.4-1.7 82-1.2 0.16 0.2 152 143-0.8 4.5 0.4-16 0.2-0.43 4.4 151 139-2 1.6-5.3-13 -0.4-0.67 5.9 171 165 20 21

Petali Poll Merino Genetic Trends Below are averages for the entire 2016 drop MORE FLEECE WEIGHT 2016 average YCFW + 8.0% MORE FAT 2016 average YFAT 0.49mm MORE STAPLE LENGTH 2016 average YSL + 5.3 mm Australian Sheep Breeding Values Definitions GROWTH & FERTILITY YWT Yearling Body WEIGHT (kg) or GROWTH Rams with higher YWT ASBVs produce progeny that grow faster & are heavier at yearling weight. YFAT Yearling FAT Depth (mm) Rams with more positive FAT ASBVs produce progeny that are fatter. Fat is positively associated with higher reproduction rates, greater lamb & weaner survival. Ewes also lose less weight when nutrition is restricted. YEMD Yearling Eye MUSCLE Depth (mm) Rams with more positive EMD ASBVs will produce progeny that have more muscle, independent of weight, plus higher lean meat yields. Muscle is positively associated with worm resistance, higher staple strength, higher body condition & more twins. FIBRE YCFW Yearling Clean FLEECE WEIGHT (%) Rams with higher YCFW ASBVs produce progeny that will produce more wool fibre. YFD Yearling FIBRE DIAMETER (um) Rams with more negative YFD ASBVs produce progeny which produce a lower fibre diameter wool fibre. YSL Yearling STAPLE LENGTH (mm) Rams with more positive YSL ASBVs produce progeny that will produce longer wool fibres. YSS - Staple Strength (N/Kt) Rams with more positive YSS ASBVs produce progeny that have higher N/kt. WELFARE & COST PWEC Worm Egg Count (%) Note PWEC is used as this is the age when tested. Rams with more negative WEC ASBVs produce progeny who have a higher genetic potential to resist worm burdens. WEC ASBV s estimate an animal s genetic ability for carrying worm burdens - a combination of being genetically less likely to pick up & host worms (resistant) & being able to cope immunologically with worm burdens (resilient). WEC ASBVs are expressed as a % relative to a mob count of 500 epg. EBWR - Early BREECH WRINKLE Estimates the breech wrinkle score for animals at lamb marking. This is an extremely important trait to access NM market segments. Other traits are measured or scored at Petali including Breech Cover & Dag. More information can be found on the Merinoselect website at www.sheepgenetics.org.au Merinoselect ASBV s in this catalogue are from the run dated 24 December 2017 Pen cards on sale day may contain more recent information 22 23

PETALI POLL MERINO AUCTION LOT TAG SIRE Born YWT YEMD YFAT YCFW 71 160880 140797 M1 7.4 0.8 1.3 9.6 72 160481 K47 1 3.7-0.2 0.9 11.6 73 160835 130326 M1 6.4-1.1 0.7 20.9 74 160814 130326 M1 5.2-0.2 0.4 11.7 75 160336 LH13 1 8.8 1.1 1.6 12.8 76 160805 130326 M2 6.7 0.3 1.5 15.5 77 160770 140297 2 6-0.3 0.6 22.2 78 160872 140797 M1 6.1 1.4 1.2 11.2 79 160433 140297 1 3.8-0.1 0.8 10.7 80 160883 140797 M1 3 0.2 0.2 13.1 81 160508 N133 2 6.3-1.9 0.1 12.1 82 160377 LH2032 1 3-0.7-0.1 17.8 83 160468 K47 1 4.2 0.3 0.9 18.5 84 160804 130326 M1 5.1-0.3 0.9 14.7 85 160334 LH13 1 4.6-0.2 0.5 19.6 86 160829 130326 M2 2.6-0.2 0.4 9.9 87 160921 140257 M1 3.2-0.2 0.3 9 88 160855 140797 M2 8.5 0.5 0.8 21.7 89 160813 130326 M1 5.5 1.3 1.4 6.1 90 160363 B5112 1 1.9 1.6 1.1 10.2 PETALI AVERAGE 4.3 0.1 0.6 10.1 MERINO AVERAGE 3.8 0.3 0 11.4 Thursday 8 Feb at 1pm YFD YSL YSS PWEC EBWR Poll DP+ Buyer & Price -1.1 7.3 1.9-56 -0.3 PP 147-0.9 14.5 0.8-51 -0.1 PP 131-0.7 10.9 1.7-37 -0.8 PP 145-0.7 9.8 1-29 -0.2 PH 134-1.4 5.7 2.6-50 -0.7 PH 162-1.2 10.4-1 -49-0.8 PP 154-0.9 2.7 0.2-54 0.1 PP 143-0.9 5.8 2.5-47 -0.3 PP 151-1.6 3.4 1.3-31 0.3 PP 129-1 3.5 0.9-34 0 PP 135-1.5 1.5 0.7-17 -0.5 PP 128-1 12.5 1.6-3 -0.6 PH 136-0.7 17.9-3 -18 0 PH 138 0 13.8 2.5-29 -0.6 PP 136-1.5 8.7 2.6-19 -0.7 PH 147-1.3 3.1 1.6-54 -0.1 PP 141-1.9 10.4 0.4-41 -0.1 PP 138-0.2 17.3 3.2-58 -0.6 PP 151-1.1 7.4 3-35 -0.9 PP 148-0.7 15.8-1 -30-0.7 PP 134-1.4 7.0 0.7-29 -0.4 137-1.0 5.4 0.2-10 -0.1 135 24 25

PETALI POLL MERINO AUCTION LOT TAG SIRE Born YWT YEMD YFAT YCFW 91 160349 LH13 1 4.6-0.3 0.3 17.7 92 160803 130326 M1 3.4-0.3 0.5 8.9 93 160467 K47 1 5.7 1.4 0.7 10.4 94 160854 140797 M1 3.6 1.3 1.2 15.2 95 160375 LH2032 1 7.2-0.3 0.3 7.5 96 160370 LH2032 1 3.2-0.3 0.4 14.7 97 160640 K47 2 3.6 0.1 0.8 16.5 98 160701 LH2032 2 1.3 0.1-0.3 19.3 99 160662 140797 2 8 0.9 0.6 8.5 100 160626 K47 2 8.1 0.7 0.9 20.2 101 160353 LH13 1 6.2 0.8 1.2 8.8 102 160730 B5112 2 5.8-0.3 0 10.5 103 160924 140257 M1 2-0.1-0.1 9.8 104 160347 LH13 1 5.5 0.3 0.5 7.7 105 160495 N133 1 4 0.6 0.8 10.7 106 160474 K47 1 3.5 0.1 0.5 12.5 107 160494 N133 1 4.1-0.3 0.2 11.6 108 160473 K47 1 4.5 0.5 0.6 8.5 109 160372 LH2032 1 6.4-1.1 0.1 11.9 110 160471 K47 1 1.5 1.7 1.4 2.8 PETALI AVERAGE 4.3 0.1 0.6 10.1 MERINO AVERAGE 3.8 0.3 0 11.4 Thursday 8 Feb at 1pm YFD YSL YSS PWEC EBWR Poll DP+ Buyer & Price -1.5 6.1 1.5-27 -0.1 PP 147-1.8 0.2 1.8-18 -0.2 PP 140-2.2 8.7-0.2-48 -0.6 PP 149-1.5 10.7-3.1-43 -0.3 PH 144-2.1 8.4-2.9 3-1 PP 141-0.7 13.2 0.8 13-0.9 PP 123-1 12.1 0.6-32 -0.4 PP 133-1.2 13 1.3-15 -0.7 PP 133-2.2 4.8 0.2-44 -0.1 PP 159-0.9 10.5 1.4-12 -0.3 HH 164-1.2-1.5 1.1-37 -0.8 PP 140-1.4 11.5-1.5-50 -0.5 PH 142-2.4 11.8-2 8-0.4 PP 127-1.4 8.1 2.6-27 -0.7 PP 135-2.3 10.3-1.5-17 -0.6 PH 140-0.1 17.1 1.2-52 -0.7 PH 119-1.7 3.1 0.7-33 -0.4 PH 131-2.4-4.5-1.9-56 0.3 PH 147-1.9 6.2 0.5 3-0.9 PP 133-1.1 5.2-1.2-26 -0.5 PH 119-1.4 7.0 0.7-29 -0.4 137-1.0 5.4 0.2-10 -0.1 135 26 27

PETALI POLL MERINO AUCTION LOT TAG SIRE Born YWT YEMD YFAT YCFW 111 160403 130322 1 0-0.5 0.3 8.3 112 160724 B5112 2 2.7 0.6 1.1 2.2 113 160395 130322 1 2.9 0.7 0.2 5.5 114 160735 B5112 2 7.1 1.3 1 2.2 115 160450 N53 1 6.3-0.6 0.1 5.7 116 160815 130326 M1 5.5 0.1 1.1 7.1 117 160922 140257 M2 2.1 0.3 0.3 7.6 118 160963 140577 1 3.1 0.6 1 5.1 119 160917 140257 M1 4.4 0.2 0.4 1.5 120 160912 140257 M1 3.2-0.4 0.2 1.1 121 160966 130322 2 2.9-0.7 0.1 2.2 122 160605 LH2012 2 4.6 0.6 0.9 13.1 123 160902 140257 M1 2.9 0.8 0.9 6 124 160888 140797 M1 3.9 0.3 0.5 10.7 125 160506 N133 2 2.6-0.8 0.1 14.9 126 160837 130326 M1 6-1.2 0.1 4.9 127 160488 N133 1 2.5 0.4 0.4 9.8 128 160479 K47 1 4 0 0.1 9 129 160543 130322 2 5.4 0.3 1.1 2.9 130 160820 130326 M1 0.8-0.6 1 9.6 PETALI AVERAGE 4.3 0.1 0.6 10.1 MERINO AVERAGE 3.8 0.3 0 11.4 Thursday 8 Feb at 1pm YFD YSL YSS PWEC EBWR Poll DP+ Buyer & Price -0.8 9.1 0.9-12 -0.6 PP 110-1.5 5.1-0.4-48 -0.6 PP 140-2 2.1 0.4-47 -0.1 PH 134-1.5 4.8-1.5-38 0 HH 156-2.1-0.4-0.8-16 -0.6 PP 125-1.4 6.3 1.4-51 -0.5 PP 144-1.1 7.4 1.6-42 -0.6 PP 127-1.9-0.6 2.5-4 0.1 PP 136-1.9 7.6 0.6-20 -0.5 PP 133-2.2 5.2 1.7 6-0.4 PP 135-2.1-1.2 3.5-38 -0.1 PH 126-1.8 10.7 0.4-3 -0.6 PP 143-1.4 5.5-2.5-20 -0.4 PP 134-1.8 2.3 2.4-29 -0.6 PP 139-0.9 2.3 1.7-44 -0.4 PP 133-1.8-5.5-2 -37-0.7 PP 134-1.6 5.2 1-6 0.1 PP 131-1.3 7.6 2.1-19 -0.4 PH 136-1.6 1.7 0.6-52 -0.5 PH 138-1.7 6.3 1.9-28 -0.8 PP 129-1.4 7.0 0.7-29 -0.4 137-1.0 5.4 0.2-10 -0.1 135 28 29

PETALI POLL MERINO AUCTION LOT TAG SIRE Born YWT YEMD YFAT YCFW 131 160752 140412 2 3.8-0.2 0.1 5.7 132 160636 K47 2 3 1.1 1.4 6.6 133 160728 B5112 2 2.4-0.2 0.2 10.1 134 160716 140412 1 3.3-0.4-0.3 6.2 135 160918 140257 M1 3.1-0.9-0.2 0.8 136 160906 140257 M1 1.5-0.4 0 4.4 137 160897 140257 M1 3.4-0.3 0.2 2.1 138 160751 140412 2 3.2-1.5-0.2 6.6 139 160604 LH2012 2 5.4 0.5 1 10.6 140 160641 K47 2 4.5 1.7 1.5 9.7 PETALI AVERAGE 4.3 0.1 0.6 10.1 MERINO AVERAGE 3.8 0.3 0 11.4 Thursday 8 Feb at 1pm YFD YSL YSS PWEC EBWR Poll DP+ Buyer & Price -2.4 5 2.1-49 -0.6 PH 144-0.2 9.7 4.4-44 -0.5 PH 128-1.6 12.3-1 -25-0.7 PP 144-2 3.3-0.9-17 -0.1 PP 131-2.1 9.2 3.3-35 -0.5 PH 124-2.6 5.8-2.2-6 -0.2 PH 130-2.3 3.8 1.9-25 0 PP 132-1.9 2.3 2.6-19 -0.1 PP 128-1.2 8.1 1.7-12 -0.5 PP 138-1 12 0.6-32 -0.1 PH 138-1.4 7.0 0.7-29 -0.4 137-1.0 5.4 0.2-10 -0.1 135 Thanks for attending the Petali Ram Sale. Please enjoy a complimentary drink with us after the sale. 30 31

VALE HERBERT OPPENHEIMER 8.2.1930 1.5.2017 Herbert Alexander Oppenheimer passed away on 1st May 2017, aged 87 years. Born in Berlin, Germany, the only son of Dr Martin and Cacilie Alexandra Oppenheimer who emigrated to South Africa in 1936 via Holland. They were considered Stateless. Herbert s childhood was spent in Cape Town, South Africa, then attended boarding high school at Port Elizabeth. His parents divorced and his mother then married Ernest Oppenheimer (no relation). After finishing school he worked for two years as a learner farmer in the Karoo region with merinos, persian lamb, cattle, cropping and irrigation. Then to Grootfontein Agricultural College, Middleburg, where he was one of only a few English speaking students, and the classes were mostly taught in Afrikaans. In May 1952 Herbert started a two year long, sheep and wool education: Australia: A jackeroo at FS Falkiner s famous Boonoke Merino Stud, Deniliquin NSW. New Zealand: Completed a six month wool classing diploma at Massey Agricultural College (now University), Palmerston North. USA: Working with Debouillet dual purpose merinos (Delaine x Rambouillet) at AD Jones ranches at Roswell and Tatum in New Mexico. England: Classing wool in wool stores at Bradford and on the London docks. It was during a holiday break in Australia that he met the sister of a fellow Boonoke jackeroo, Peter Nivison, at Mirani. Herbert & Jillian Nivison became engaged to be married in 1954. Herbert Oppenheimer pictured in 1960, during shearing at the Mirani woolshed. Herbert returned to South Africa and started sheep classing jobs, with the intention of working full time on a large property in the Karoo, in which his family had a share-holding. This did not eventuate as the property was sold and Herbert and Jillian instead settled in Australia at Petali in 1955, following their wedding. They had four children, Alexandra, Melanie, Martin & Caroline. Herbert established the Petali Merino Stud in 1966, with wife Jillian, with one third of the Mirani Stud (Jillian s portion of her father AS Nivison s stud). Herbert and Jillian also established a Southdown meat sheep stud, and a Poll Hereford beef cattle stud in the 1960 s. Herbert was a steward at the RAS Sydney Show and Walcha Show, President of Walcha Rotary and Founding President of the Walcha Historical Society. Herbert managed Petali until 1972, when he and Jillian separated. He then owned two properties at Goulburn NSW, and then half of Coronet Peak Station at Queenstown NZ with second wife Paula, before finally settling in Hamburg, Germany, with his third wife Traute in 1982. They lived happily together until 1st May 2017. We remember Herbert as a gentle man, an unlikely farmer, who survived many challenges. He was always aware of history and proud of his family. Herbert and Jillian Oppenheimer established the Petali Merino Stud in 1966. Pictured in 1960, the year they set a world record wool price. 32

Petali Map: 2011 Google, Whereis, Sensis Pty Ltd Directions to Petali, Walcha NSW Petali is 18kms north of Walcha, 22km south of Uralla, on Thunderbolt s Way. Petali is situated on the western side of the road, follow signs to the Woolshed. www.petali.com.au