Churchill Downs Incorporated Vice President Of CRM And Technology Solutions Receives National Award

Atiqüe Shah, vice president of CRM and technology solutions for Churchill Downs Incorporated (NASDAQ: CHDN) ("CDI"), has been named a recipient of the "Premier 100 IT Leaders Award" from Computerworld magazine. Shah is recognized in the publication's January 2005 issue.

Shah, who joined CDI in December 2003 to lead the design and development of the Company's multi-tier Customer Relationship Management ("CRM") initiative, was one of 100 leading professionals selected for the honor. Other honorees included executives from United Parcel Service, Hewlett-Packard, Morgan Stanley, DaimlerChrysler, MasterCard International, and Marriott International.

"Atiqüe Shah has proven a valuable leader for Churchill Downs Incorporated in his area of expertise and has earned a high level of respect in the CRM and technology industry," said Andy Skehan, chief operating officer of CDI. "His continued recognition at the national level is a testament to his talent and devotion, and his continued guidance will be a tremendous asset to our Company as we move forward with our CRM systems and programming."

Shah was one of nine executives honored by CRM Magazine in September 2004 as one of the year's "Most Influential CRM Leaders."

"This recognition from Computerworld is a reflection of the efforts put forth by my co-workers, past and present, and mentors who showed me the true meaning of marketing technology," said Shah. "It is an honor to receive this award and I look forward to the ongoing challenges and successes of CDI's development into a leading CRM company."

Churchill Downs Incorporated, headquartered in Louisville, Ky., owns and operates world-renowned horse racing venues throughout the United States. The Company's seven racetracks in California, Florida, Illinois, Indiana, Kentucky and Louisiana host 122 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.