Model #700393 - Exclusive 25th Anniversary Edition for 'The Wonderful World of Horses Starring the World Famous Royal Lipizzaner Stallions'. Released 1993-1998 and limited to 5000 models. Also released as #701999.
There was another very similar, or same, release from the German Toys'R'Us #700192 in 1992. This was limited to 900 models. Ongoing research to find any difference from these two runs.
This model is very similar to the original Lipizzan Stallion model #620, however this model has more soft grey shades, and soft grey hooves. Pinking on the nose is different.