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ARLINGTON NOTES

Churchill Downs Inc. news release

Contact: Karl F. Schmitt Jr. (502) 636-4594
karls@kyderby.com

CHURCHILL DOWNS INCORPORATED RESUMES NORMAL OPERATIONS AT RACETRACKS AND OFF-TRACK BETTING FACILITIES

LOUISVILLE, Ky. (Sept. 12, 2001) -- Churchill Downs Incorporated (Nasdaq: CHDN) ("CDI") today announced that the Company will resume normal business operations at its six racetracks and nine off-track betting ("OTB") facilities on Thursday, Sept. 13, 2001. The announcement was made by John R. Long, CDI's executive vice president and chief operating officer.

Live racing will resume tomorrow at Arlington Park in Arlington Heights, Ill.; Calder Race Course in Miami; and Hoosier Park in Anderson, Ind. Additionally, simulcast wagering will resume at Hollywood Park in Inglewood, Calif.; Ellis Park in Henderson, Ky.; and at the Company's OTB locations in Kentucky, Illinois and Indiana. Normal training hours will continue at all CDI-operated racetracks and training facilities.

Company-wide, CDI lost one day of live racing when Arlington Park suspended its Sept. 12 race card. The other two CDI-operated racetracks currently in the midst of live race meets - Calder Race Course and Hoosier Park - were scheduled to be closed on Sept. 11 and 12.

"Churchill Downs Incorporated and its employees are profoundly saddened by the tragic events of this week and join the rest of the nation in mourning those whose lives were lost or forever changed by the horrible attack on our country," said Long. "Our nation's leaders have urged the business community to return to normal operations, and our Company and its employees stand willing to do our part."

Information about CDI racetracks and OTBs, and their respective hours of operation, can be found on the Internet at the following locations:

Racetrack/OTB: Web Address:
Churchill Downs www.churchilldowns.com
Arlington Park www.arlingtonpark.com
Calder Race Course www.calderracecourse.com
Ellis Park www.ellisparkracing.com
Hollywood Park www.hollywoodpark.com
Hoosier Park www.hoosierpark.com
Sports Spectrum (Kentucky) www.tracksideotb.com
Trackside OTBs (Illinois and Indiana) www.tracksideotb.com

Churchill Downs Incorporated - headquartered in Louisville, Ky. - is one of the world's leading horse racing companies. Its flagship operation, Churchill Downs, is home of the Kentucky Derby and will host the race's 128th running on May 4, 2002. The Company owns additional racetracks in Kentucky, Illinois, California and Florida and has interests in a pari-mutuel operation in Indiana as well as various racing services companies. CDI trades on the Nasdaq National Market under the symbol CHDN and can be found on the Internet at www.churchilldownsincorporated.com.

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