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Churchill Downs elects directors

29 Jun 2007

OUISVILLE, Kentucky -- (PRESS RELEASE) -- Churchill Downs Incorporated ("Company") (NASDAQ: CHDN) conducted its annual meeting of shareholders today at Churchill Downs racetrack. During the meeting, Company shareholders conducted an election of directors and approved proposals related to management performance goals and incentives as well as director compensation.

The four Class II directors elected for three-year terms are as follows:

* Richard L. Duchossois, chairman, Duchossois Industries Inc.; director, TCMC Inc.; director, Emirates World Series of Racing; director, Thoroughbred Racing Association; chairman emeritus, Arlington Park Racecourse LLC;

* J. David Grissom, chairman Mayfair Capital Inc.; chairman, The Glenview Trust Company; director, Yum! Brands Inc.; chairman, board of trustees, Centre College; director, Appriss Inc.; director, United Metro Media Inc.;

* Seth W. Hancock, managing partner, Claiborne Farm Ltd.; president, Hancock Farms LLC; director, Hopewell Company; director, Keeneland Association; and

* Susan Elizabeth Packard, president, brand outreach, Scripps Networks; former president, affiliate sales and international development, Scripps Networks; former president, Scripps Networks New Ventures; former chief operating officer, Home & Garden Television Network; director, YMCA of East Tennessee; director, National Cable Television Center and Museum; director, Columbus Home; director, Scripps Howard Foundation; director, Webb School of Knoxville.

Following the annual meeting, the Company's board of directors conducted its quarterly meeting.

 
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