Race 2 (139)
ADMIRALTY HANDICAP Rating:40-16 1600m Happy Valley Good
Section 1
| Placing | Horse No |
Horse Name | Jockey | Gear | Comment |
| 1 | 8 | BOLD BIDDER (BE068) | K S Lam | -- | In last few to 800 M. Strong progress from Rock to 400 M. Wide at home bend but finished powerfully to take over 80 M out. |
| 2 | 6 | VIDEO STAR (BE163) | J Lloyd | -- | Jumped outwards. Gained gradually from 5th at 1000 M to 3rd off Rock. Closed on leaders at home bend. Took lead briefly inside 200 M. Outsprinted by winner. |
| 3 | 7 | MANY TREASURE (BJ024) | B Marcus | -- | Away awkwardly. Travelled 3rd early and 2nd from Rock to 250 M. Kept on one-paced to line. |
| 4 | 4 | LITTLE BIG HORN (BH036) | D Gauci | -- | Bumped at start. Settled 2nd, hitting front approaching Rock. Worn down 150 M out. Tired. |
| 5 | 5 | JUNGLE DEER (BE032) | K H Ting | -- | Improved steadily from 9th at Rock to be nearest at finish. Still well beaten. |
| 6 | 3 | SPORTING CHAMP (BH020) | J Marshall | -- | Hard ridden to improve from 6th at 800 M to 5th inside 600 M. Struggled down straight. |
| 7 | 9 | SPEED AGE (BG282) | G Carter | -- | In similar position throughout. |
| 8 | 2 | GOLDCHIN FIRST (BE097) | E Legrix | -- | Always well back. |
| 9 | 10 | SIMPLY NOBLE (BJ042) | W H Tse | -- | Held 4th to 900 M. Never nearer. |
| 10 | 1 | SUCCESS (BJ261) | D Beadman | -- | Led field to 900 M. Weakened rapidly. |
| B : | Blinkers | BO : | Blinker with one cowl only | CC : | Cornell Collar | CP : | Sheepskin Cheek Pieces |
| CO : | Sheepskin Cheek Piece One Side | E : | Ear Plugs | H : | Hood | P : | Pacifier |
| PC : | Pacifier with cowls | PS : | Pacifier with one cowl | SB : | Sheepskin Browband | SR : | Shadow Roll |
| TT : | Tongue Tie | V : | Visor | VO : | Visor with one cowl | XB : | Crossed Nose Band |
| "1" : | First time | "2" : | Replaced | "-" : | Removed |