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ARLINGTON PARK

CDSN news release

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

CHURCHILL DOWNS SIMULCAST NETWORK TO OFFER FREE TIP SHEET DURING FALL RACE MEETS

LOUISVILLE, Ky. (Oct. 30, 2003) -- Churchill Downs Simulcast Network ("CDSN"), in partnership with the Daily Racing Form ("DRF"), has unveiled a free tip sheet called the "CDSN inFORMer" that is now available at all CDSN racetracks and Trackside off-track betting locations. The tip sheet, which launched Oct. 26, will be available daily in conjunction with the majority of live racing days at Churchill Downs, Calder Race Course, Hoosier Park and Hollywood Park. CDSN inFORMer is free of charge and provides quality, in-depth analysis of CDSN racing by top DRF handicappers and CDSN analysts.

"This product combines the market-leading information resources and handicapping talent of the Daily Racing Form with the quality racing product of CDSN," said Karl F. Schmitt Jr., president of CDSN. "CDSN inFORMer offers a wide range of handicapping and wagering information to our customers at no charge, making it a valuable resource that we are delighted to provide at no cost through the fall racing meets at our facilities."

Available at CDSN properties wherever the Daily Racing Form is sold, CDSN inFORMer has been specifically tailored to provide the ultimate in racing information. The tip sheet includes racing news coverage from DRF staff members; a graded line for each CDSN track that offers post position, weight, rider and morning-line odds for all entrants; spot plays and wagering recommendations to highlight the day's top contenders; selections from CDSN analysts; race results; jockey and trainer statistics; and Pick 6 prospects. The tip sheet also includes information on available wagers for each CDSN racetrack.

"CDSN inFORMer does an excellent job of putting complete, high-quality information into the hands of our customers," said Schmitt. "From expert analysis and wagering tips to results and daily entries, the tip sheet is an exceptional supplement to the resources of any handicapper or racing fan."

CDSN inFORMer will continue to be available at all CDSN tracks and Trackside off-track betting locations through late December 2003, covering live racing at Churchill Downs, Hollywood Park, Calder Race Course, and Hoosier Park.

CDSN is the product content provider of Churchill Downs Incorporated ("CDI") (Nasdaq: CHDN), and in 2003 will present more than 6,000 races during 620 live-racing programs from CDI's six racetracks to wagering outlets worldwide. CDSN offers racing products from Arlington Park, Calder Race Course, Churchill Downs, Ellis Park, Hollywood Park and Hoosier Park at Anderson. CDSN is designed to drive simulcast wagering by providing a superior product and generating top-of-the-mind awareness of CDI's products. CDSN can be found on the Internet at www.cdsn.net.

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