Race 1 (593)
ULSAN HANDICAP Rating:40-15 1650m Happy Valley Good
Section 1
| Placing | Horse No |
Horse Name | Jockey | Gear | Comment |
| 1 | 4 | FUNNY FORTUNE (P227) | T H So | B | Began well, raced keenly one back on rails within striking distance, hit the front upon straightening, won readily. |
| 2 | 9 | HURRY HURRY UP (N218) | O Doleuze | TT | Began well, settled in 4th or 5th within 3L of pace on rails, came under pressure when pace quickened around the bend, fought on steadily without threatening from 4th into straight. |
| 3 | 10 | DRAGON GLORY (P130) | K C Leung | B/TT | Settled in midfield, commenced move rounding home bend, fought on steadily without threatening. |
| 4 | 11 | FRESH AND FRESH (P407) | M Chadwick | B/TT | Not far off, disputed lead halfway down far side, unable to sustain effort and faded inside final 300 metres. |
| 5 | 5 | HIGH SPEED METRO (P293) | K Teetan | XB/CP1 | Settled towards the rear, made modest progress under hard driving in straight. |
| 6 | 7 | ENDLESS LOVE (T035) | M L Yeung | H | Trailed the field in the early stages, improved to one from last passing the 800 metres, saved ground turning in, kept on steadily down the inside of the straight. |
| 7 | 8 | SNOWHOOVES (S409) | D Whyte | XB | Midfield throughout, saved ground turning in, one-paced under pressure. |
| 8 | 6 | CHOICE EXCHEQUER (P088) | N Callan | XB/TT | Soon took up running, joined halfway down back straight, weakened noticeably shortly after straightening. |
| 9 | 3 | VIVACIOUS WINNER (V061) | G Lerena | -- | Towards the rear throughout. |
| 10 | 1 | NATURAL FRIENDSHIP (S359) | B Prebble | B/TT | Midfield throughout, came under pressure around home bend, wide entering straight, no dash. |
| 11 | 12 | PERFECT TRIUMPH (P241) | K C Ng | B | Never a danger. |
| PU | 2 | ORACLE (N115) | J Moreira | XB/TT | Not far off to home bend, dropped out from approaching 400 metres. |
| 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 |