Churchill Downs Incorporated ("Churchill Downs"), headquartered in Louisville, Ky., owns and operates world-renowned horse racing venues throughout the United States. Churchill Downs' four racetracks in Florida, Illinois, Kentucky and Louisiana host many of North America's most prestigious races, including the Kentucky Derby and Kentucky Oaks, Arlington Million, Princess Rooney Handicap and Louisiana Derby. Churchill Downs racetracks have hosted seven Breeders' Cup World Championships. Churchill Downs also owns off-track betting facilities and has interests in various advance-deposit wagering, television production, telecommunications and racing services companies, including a 50-percent interest in the national cable and satellite network HorseRacing TV(tm), that support the Company's network of simulcasting and racing operations. Churchill Downs trades on the NASDAQ Global Select Market under the symbol CHDN and can be found on the Internet at www.churchilldownsincorporated.com

William "Bill" E. Mudd brings a broad business background, expertise in domestic and international markets, and exceptional leadership skills to his role as executive vice president and chief financial officer ("CFO") for Churchill Downs Incorporated, a position he assumed in October 2007.

 A former General Electric ("GE") executive, Mudd oversees the Company's financial reporting, strategic planning, business planning, compliance, capital management, risk management and investor relations.
 
Mudd began his career with GE in 1992, and rose rapidly to positions of increased responsibility. Prior to joining Churchill Downs, he served as Global Commercial CFO for GE Water & Process Technologies, a water process and filtration business based in Trevose, Pa. He has also served as CFO of Supply Chain, IT and Technology Finance for GE's Consumer and Industrial Europe, Middle East and Africa Division in Budapest, Hungary. Earlier in his career he served as a finance manager of Global Financial Planning & Analysis and Business Development for GE Fanuc, a joint venture between GE and Japanese partner, Fanuc.

 A native of Marion County, Ky., he holds a bachelor of science degree in mathematics and actuarial science from Bellarmine University. He also holds a masters of business administration from Webster University and was a captain in the United States Army Reserves with 14 years of service.

NASDAQ:
CHDN

CEO:
Robert L. Evans

CFO:
Bill Mudd

Investor Relations:
Mike Anderson

Visit Churchill Downs, Inc. at
www.churchilldownsincorporated.com

Investor relations for Churchill Downs, Inc. can be reached here