Churchill Downs appoints new board member

LOUISVILLE, Kentucky -- (PRESS RELEASE) -- Churchill Downs Incorporated (CHDN) announced today, Monday, October 1, 2012, that Ulysses Lee "Junior" Bridgeman, Founder and President of Bridgeman Foods LLC, was appointed as a Class II director to the Company's board of directors.

Bridgeman will serve on the 11-member board until the 2013 annual meeting of shareholders where he will be nominated for election by the shareholders.

Robert L. Evans, Chairman and CEO, said, "It is an honor to have Junior join our board. He brings a great understanding of and appreciation for the Kentucky Oaks and Derby, our Company and its impact on the community. His entrepreneurial experience and knowledge will be invaluable as we look to continue to grow the Company in the years ahead."

Bridgeman said, "I am impressed with all that CDI has accomplished in the past five years as it has worked to diversify and grow. It's exciting to be part of a Company with such a wonderful past and such an exciting future."

Bridgeman is actively involved in the Louisville community. He currently serves on the Board of Directors of Fifth Third Bank; the West End School, The Meijer Board, The PGA Foundation Board and the Naismith Basketball Hall of Fame Board. He also serves as Past Chairman of the Board of Trustees University of Louisville.

Bridgeman, who grew up in East Chicago, Indiana, was a member of an Indiana state high school championship basketball team and was recruited to attend and play basketball at the University of Louisville. After a successful college career and graduation, he was drafted to play in the NBA by the Los Angeles Lakers and was immediately traded, along with others, to the Milwaukee Bucks, where he played most of his 12-year career.

About Churchill Downs Incorporated

Churchill Downs Incorporated ("CDI") (CHDN), headquartered in Louisville, Ky., owns and operates the world-renowned Churchill Downs Racetrack, home of the Kentucky Derby and Kentucky Oaks, as well as racetrack and casino operations and a poker room in Miami Gardens, Fla.; racetrack, casino and video poker operations in New Orleans, La.; racetrack operations in Arlington Heights, Ill.; and a casino resort in Greenville, Miss.