Steadfast and Rainbow Tied on Points after Day 2 in Key West

For Immediate Release
Jan. 22, 2002

Tuesday's conditions: Wind 6-15-8 knots, E.

National Weather Service forecast for Wednesday: Wind 15-20 knots, S-SE, 2-3-foot seas.

Stronger southerly breezes building from 6 to 15 knots, then fading to 8,
allowed a full schedule of racing today. Steadfast and Rainbow moved into the lead today, tied with 10 points each. They are closely followed by Richard Perini in Foreign Affair and Makoto Uematsu in Esmeralda.

The new title sponsor, Terra Nova Trading, L.L.C. (member NASD, SIPC & PCX), is recognized as an innovative leader in Electronic Direct Access Trading. Other Race Week sponsors and supporters include Mount Gay Rum, Lewmar Marine, Pearson Yachts, Samson Rope Technologies, Sam Adams, Saucony and SUUNTO USA. Supporting organizations include the Florida Keys & Key West and the Historic Seaport, the official site for Race Week. Yachting Magazine is the Event Founder.

Yachting Magazine is published by Time4 Media, the world's leading publisher of leisure-time magazines. Time4 Media is a subsidiary of Time Inc., which is a wholly owned subsidiary of AOL Time Warner Inc. (NYSE: AOL).

For Complete Results: www.Premiere-Racing.com

Premiere Racing
(781) 639-9545
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KWinfo@Premiere-Racing.com

Publicity
Rich Roberts
Media Center (305) 292-3232
Cell phone (310) 213-2526
richroberts@compuserve.com

For more information about Terra Nova Trading, L.L.C., contact:
Chris Doubek, President
(312) 827-3601
c.doubek@terranovatrading.com
www.TerraNovaOnline.com