Churchill Downs Incorporated Chief Financial Officer to Present at Deutsche Bank Gaming Investment Forum

Michael E. Miller, chief financial officer for Churchill Downs Incorporated (NASDAQ: CHDN) ("CDI"), will present the Company's growth strategy and detail industry trends at Deutsche Bank Securities' 2005 Gaming Investment Forum, scheduled for Sept. 12-13, 2005, in Las Vegas, Nev. Miller's presentation is scheduled for 5:30 p.m. EDT (2:30 p.m. PDT) on Monday, Sept. 12, and will be webcast live.

Individuals wishing to access the 30-minute webcast should visit http://www.churchilldownsincorporated.com/investor_relations/presentations/ at least 15 minutes prior to the beginning of the scheduled presentation to register, download and install any necessary multimedia streaming software.

Churchill Downs Incorporated, headquartered in Louisville, Ky., owns and operates world-renowned horse racing venues throughout the United States. The Company's racetracks in California, Florida, Illinois, Indiana, Kentucky and Louisiana host 121 graded-stakes events and many of North America's most prestigious races, including the Kentucky Derby and Kentucky Oaks, Hollywood Gold Cup and Arlington Million. CDI racetracks have hosted nine Breeders' Cup World Thoroughbred Championships - more than any other North American racing company. CDI also owns off-track betting facilities and has interests in various television production, telecommunications and racing services companies that support CDI's network of simulcasting and racing operations. CDI trades on the NASDAQ National Market under the symbol CHDN and can be found on the Internet at www.churchilldownsincorporated.com.