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42nd TRANSPACIFIC YACHT RACE Transpacific Yacht Club
Starts July 1-4-6, 2003 www.transpacificyc.org

July 7, 2003 For Immediate Release

PEGASUS 77 BETS ON THE LONG WAY TO HAWAII

LOS ANGELES---Before Sunday's last start in the 42nd Transpacific Yacht
Race, Roy E. Disney's Pyewacket was flying two appropriate battle flags: a
cat and a mouse.

The rodent connection is obvious, and the boat is named for the mystical
feline in the movie, "Bell, Book and Candle." But the combination also
heralded what promised to be not just a contest of speed in the
2,225-nautical mile dash to Hawaii but also a game of---right!---cat and
mouse.

Monday morning's position reports radioed to the Communications vessel
Alaska Eagle placed Pyewacket, a Reichel/Pugh 75, 11 miles closer to the
Diamond Head finish line although, as Philippe Kahn, owner/skipper of the
rival Reichel/Pugh 77, noted that his boat had sailed two more miles than
Pyewacket.

"What does this all mean?" Kahn asked in a report on his Web site. "On all
the race reports Pyewacket will be shown leading in distance to Honolulu
[but] there is more to this. We all know that both boats are going to get
lifted as the winds clock around the [Pacific] high, and in a lift it's nice
to be the inside boat, which is what Pyewacket is doing.

"However, our weather analysis on Pegasus tells us to expect more wind along
a more southerly route [and that] it's well worth sailing extra distance to
get south. So Pyewacket is betting on shift, Pegasus is counting on more
pressure. Given a choice, Pegasus wouldn't trade places with Pyewacket. The
next 24 hours are going to be critical."

As that battle of wits develops, the 25 boats that started Tuesday, July 1
were at the halfway point experiencing what communications officer Grant
Baldwin described as "stable" weather conditions with north-northeast winds
of 10-17 knots and "seas still smooth with little squall activity."

That's not what anyone with records on their minds wanted to see. On the
other hand, Kahn reported: "The tropical depression that is headed for our
projected path has now officially been upgraded to 'tropical storm' and they
gave her a beautiful name: Dolores. She apparently carries gusts over 45
knots and is picking up strength. We'll stay away from that one."

That could alter his strategy relative to Pyewacket.

Meantime, Maitri, Peter Johnson's J/160 from San Diego, enjoyed the best
24-hour run in the fleet with 228 miles at an average speed of 9.5 knots to
seize the lead on projected overall handicap time from the week-long leader,
Stan and Sally Honey's Cal 40, Illusion.

Kahn also replayed the first hours of the race when Pegasus 77 took the lead
from Pyewacket but then lost it before crossing the San Pedro Channel toward
Santa Catalina Island.

"The Pyewacket team lost the start," Kahn said. "Robbie Haines was driving
the Pyewacket, while I was helming the Pegasus. When I handed the helm to
Morgan [Larson] a good hour into the race we became overconfident and
stretched too much to windward, letting them foot to leeward and gain lots
of gauge to the right.

"Then a massive 40-degree shift happened and we fell into a wind hole. I am
glad that we are learning our lessons early in this race."

Pegasus 77's daily logs may be seen at
http://www.pegasusracing.com/log.htm#latest

Daily position reports, charts, news summaries, photos will be posted at
www.transpacificyc.org until the completion of the race.

COMMODORE
Brad Avery
(949) 645-9412
brad@occsailing.com

ENTRIES CHAIRMAN
Bill Lee
(831) 464-4782
wizard@fastisfun.com

PRESS OFFICER
Rich Roberts
(310) 835-2526
cell phone (310) 766-6547
richsail@earthlink.net

JULY 7 POSITION REPORTS AND START SCHEDULES

(Listed in order of projected corrected handicap time, noting actual miles
to go)

RACING DIVISION

Division 1 (started July 6)

1. Pyewacket (R/P 75), Roy E. Disney, Los Angeles, 2,009 miles to go.
2. Pegasus 77 (Reichel/Pugh 77), Philippe Kahn, Honolulu, 2,020.

Division 2 (started July 6)

1. Grand Illusion (Santa Cruz 70), James McDowell, Lahaina, H.I., 2,043.
2. Beau Geste (Transpac 52), Karl Kwok, Hong Kong, 2.043.
3. Medicine Man (Andrews 61), Bob Lane, Long Beach, Calif., 2,039.
4. Vicki (Andrews 68), Al and Vicki Schultz, Long Beach, 2,049.
5. Alta Vita (Transpac 52), Bill Turpin, Santa Cruz, Calif., 2,066.
6. Icon (Perry 65), Richard Robbins/Jim Roser, Seattle, 2,075.
7. Renegade (Andrews 70), Dan Sinclair, Vancouver, B.C., Canada, 2,076.
8. Pendragon 4 (Davidson 52), John MacLaurin, Marina del Rey, Calif., 2,087.
9. Bengal II (Ohashi 52 ),Yoshihiko Murase, Nagoya, Japan, 2,096.
10. Helsal II (Adams 60), W.E. Rawson, Melbourne, Australia, 2,099.

Division 3 (started July 4)

1. Maitri (J/160), Peter Johnson, San Diego, 1,611.
2. Pipe Dream IX (J/160), Scott Piper, Coral Gables, Fla., 1,637.
3. Horizon (Santa Cruz 50), Jack Taylor, Dana Point, Calif., 1,640.
4. Innocent Merriment (J/160), Myron Lyon, San Diego, 1,643.
5. Jeito (J/145), Francisco Guzman, Acapulco, Mexico, 1,641.
6. Reinrag2 (J/125), Tom Garnier, Portland, Ore., 1,654.
7. On Point (Schock 40), Nick Martin, Wilmington, Calif., 1,671.
WD---The Cone of Silence (Australian Super 30), James and Jenny Neill,
Newport, NSW, Australia.
WD---Lucky Dog (J/125), Peter Putnam, Newport Beach (DH).

Division 4 (started July 4)

1. Hot Tamale (J/120), Tom and Doug Jorgensen, Glendora, Calif., 1,689.
2. Wild Thing (1D35), Chris and Kara Busch, San Diego, 1,680.
3. Tabasco (1D35), John Wylie, San Diego, 1,690.
4.Tera's XL (ILC 40), Antony and Daniel Barran, Northridge, Calif., 1,675.
5. Swept Away (J/120), Louis Bianco, Seattle, 1,718.
6. Bolt (Olson 40), Craig Reynolds, Balboa, Calif., 1,716.
7. Krakatoa (Young 32), Rod Skellet, Sydney, Australia, 1,728.
8. Paddy Wagon (Ross 40), Richard Mainland, Marina del Rey, Calif., 1,700.
9. Cool Man Cool2! (Sydney 38), Harrell Jones, Dana Point, Calif., 1,724.
10. Two Guys On the Edge (1D35M), Dan Doyle, Honolulu, 1,720 (DH).
11. Lawndart (Cape Bay Fast 40), Bill Allan, Nanaimo, B.C., 1,753.

Division 5 (started July 1)

1. Wind Dancer (Catalina 42), Paul Edwards, Wilmington, Del., 1,234.
2. There and Back Again (Tripp 40), Robert Rice, Long Beach, 1,202.
3. B'Quest (Tripp 40), Challenged America/Urban Miyares, San Diego, 1,237.
4. Masquerade (Choate 40), Timothy Coker, San Diego, 1,275.

CAL 40 (started July 1)

1. Illusion, Stan and Sally Honey, Palo Alto, 1,236.
2. Redhead, Andrew Opple, Ketchum, Idaho, 1,273.
3. Seafire, John T. Harrison, Honolulu, 1,282.
4. Ralphie, Jill and Taylor Pillsbury, Laguna Beach/Eleanor and Davis
Pillsbury, Snowmass, Colo., 1,275.
5. California Girl, Don and Betty Lessley, Point Richmond, Calif., 1,271.
6. Flying Cloud, Darrell and Scott Wilson, Long Beach, 1,278.
7. Ranger, William Partridge, Richmond, Calif., 1,298.
8. John B, Greg Boyer, Newport Beach, Calif., 1,297.
9. Willow Wind, Wendy Siegal, Sunset Beach, Calif., 1,301.
10. Celebrity, Gerald Finnegan, Redondo Beach, Calif., 1,333.

ALOHA DIVISION (started July 1)

Aloha A

1. Between the Sheets (Sun Odyssey 52.2), Ross Pearlman, Calabasas, Calif.,
1,125.
2. Beautiful Day (Beneteau 47.7), William Boyd, San Diego, 1,133.
3. Marla R (Beneteau 50), Jon Richards, Mesa, Ariz., 1,141.
4. Incredible (Swan 53), Rick Gorman, Los Alamitos, Calif., 1,165.
5. Lady Bleu II (Dynamique 62), Roger and Brenda Kuske, San Diego, 1,074.
6. Enchanted Lady (Roberts 55 ketch), Andy Sibert, Seal Beach, Calif.,
1,253.
7. Axapac (Wylie 39), Barry Ruff, Vancouver, B.C., 1,265.
8. Beach Music (Tayana 52), Kirby Coryell, Lafayette, Calif., 1,278 (DH).

Aloha B

1. Barking Spider (Catalina 38), David Kory, Point Richmond, Calif., 1,324.
2. Pipe Dream (Choate/Feo 37), John Davis, Long Beach, 1,305.
3. Sea Dancer (Ericson 35), Alvin Wheatman, Marina del Rey, 1,423.

DH---Doublehanded.

WD---Withdrawn.