July 17, 2008

Jack Kelly, CEO of the World Games 2010 Foundation Inc, responsible for planning and holding the 2010 Alltech FEI World Equestrian Games, is stepping down at the end of the month.

"With the key 'two years to go' anniversary fast approaching, we have decided that now is the best time for me to step down," Kelly said.

"I retired several years ago to spend more time with my wife and family, but deferred my retirement to get the 2010 games off to the best possible start. I think we have accomplished that."

In the interim Rob Hinkle, Chief Operating Officer and Walter Herd, Chief Administrative Officer will report to USEF CEO and WEG 2010 foundation chairman John Long. "Jack has agreed to stay on in a consulting capacity and to help us in the transition. The board has not yet determined when or if an executive search will take place for a permanent CEO, but will do so in the next few months after we have had a chance to assess the new arrangement," Long said.

The 2010 games are expected to bring $US150 million into the state of Kentucky. An estimated 80,000 spectators ae expected at the event, to be held at the Kentucky Horse Park.