SANTA ANITA COS <SAR> 4TH QTR NET Oper shr 45 cts vs 63 cts Oper net 3,805,000 vs 5,155,000 Revs 12.0 mln vs 10.6 mln Year Oper shr 1.58 dlrs vs 2.07 dlrs Oper net 12,991,000 vs 15,692,000 Revs 69.8 mln vs 71.7 mln Avg shrs 8,265,541 vs 7,598,522 Note: Current qtr and year figures exclude losses from discontinued operations of 761,000 dlrs and 875,000 dlrs, respectively and disposition gain of 6.1 mln dlrs in both periods. Prior qtr and year figures exclude gain from discontinued operation of 31,000 dlrs and loss of 2,000 dlrs, respectively.