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ARLINGTON NOTES

Arlington Park news release
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ARLINGTON PARK APPOINTS TWO TO NEW ADMINISTRATIVE POSTS

Chicago-area Racetrack Names Ted G. Nicholson as Vice President of Administration, Promotes Frank G. Gabriel Jr. to Executive Vice President of Racing Operations

Arlington Heights, Ill. (Nov. 4, 2002) -- Arlington Park has named Ted G. Nicholson vice president of administration for the suburban Chicago racetrack and has promoted Frank G. Gabriel Jr. to executive vice president of racing operations. The announcements were made today by Arlington Park President Steve Sexton.

In his new role, Nicholson will oversee a variety of day-to-day business functions for the 75-year-old racing operation, including the racetrack's facilities, admissions and parking, off-season events and human resources departments. He will also manage relations with Arlington's food-service provider, Levy's Restaurants. Nicholson, who will report directly to Sexton, will assume his new duties Nov. 5.

The 41-year-old native of Arlington Heights, Ill., rejoins the Arlington staff after serving as executive vice president and chief operating officer for New York City Off-Track Betting ("NYCOTB"). Nicholson oversaw operational issues for NYCOTB and its 72 branch offices and negotiated simulcast contracts for the $1 billion business. Nicholson first joined the Arlington staff in 1987 following his graduation from the University of Arizona's Race Track Industry Program. That year he was promoted to Arlington's director of operations and then assistant general manager. In 1991, Nicholson left the Chicago-area racetrack to take a position as vice president of operations for Suffolk Downs racetrack in East Boston, Mass., and most recently served as chief operating officer of Sunrise Financial Services, an asset-management firm based in Westlake Village, Calif.

"I am thrilled to return home to Arlington Park and to the team of employees that manages one of horse racing's true gems," said Nicholson. "Arlington's commitment to quality and to an exceptional customer experience hasn't changed since my first tenure with the racetrack began more than a decade ago. I look forward to contributing to Arlington's future successes as part of North America's premier racing company, Churchill Downs Incorporated."

"We are extremely pleased to welcome Ted Nicholson to the management team at Arlington Park," said Sexton. "Ted is one of horse racing's up-and-coming executives. He brings a broad range of industry and related experience to our facility and holds a true passion for the sport of horse racing. His expertise in the area of racetrack operations is an ideal complement to our existing team and will be invaluable as we continue to refine responsibilities within our management structure. We welcome his assistance in managing many of the day-to-day operational issues connected with running a successful racetrack."

Nicholson holds a bachelor of science degree in business and administration from Arizona State University and is a graduate of the University of Arizona's Race Track Industry Program. He and his wife, Laura, are the parents of two young sons, Ryan and Joseph.

Gabriel's promotion to executive vice president of racing operations will allow him to focus more specifically on the racetrack's live racing program and related issues. Gabriel will continue overseeing racing operations, racetrack maintenance, landscaping and stable-area operations. He will also continue to manage Arlington's international relationships, including its affiliation with the International Racing Bureau. Additionally, Gabriel will continue to serve as the racetrack's liaison with the Illinois Department of Agriculture. Gabriel, who currently serves as chairman of the American Graded Stakes Committee, most recently held the position of Arlington's vice president of racing and operations.

Arlington Park -- host to the record-breaking 2002 Breeders' Cup World Thoroughbred Championships and the Chicago area's premier Thoroughbred racetrack located in Arlington Heights, Ill. -- completed its 107-day meet in 2002 on Sunday, Oct. 27. Arlington Park, whose parent company is Churchill Downs Incorporated (Nasdaq: CHDN), also operates five off-track, simulcast-wagering facilities: Trackside Arlington Park (Arlington Heights), Trackside Quad City Downs (East Moline), Trackside Chicago, Trackside Rockford and Trackside Waukegan. Information on Arlington Park can be found online at www.arlingtonpark.com.

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