There is a full report of the Olympic Programme Commission available at
http://www.olympic.org/uk/news/olympic_news/full_story_uk.asp?id=1349

A decision which sports will be dropped from the Olympic programme will be found by the IOC members by vote (after July 8th).
According to earlier press releases Golf, Rugby, Squash, Karate and Inline-skating could be included and Softball, Baseball, and Pentathlon have a chance of being excluded. No mention of sailing, though.

Ceitzi