BXX Brooke Corp

Brooke Corporation CEO Increases Ownership Interest in Brooke Holdings, Inc. OVERLAND PARK, Kan., April 4 /PRNewswire-FirstCall/ -- Brooke Holdings, Inc., the controlling shareholder of Brooke Corporation (AMEX:BXX) and Robert D. Orr, chief executive officer of Brooke Corporation (AMEX:BXX) and majority shareholder of Brooke Holdings, Inc., today reported in filings with the Securities and Exchange Commission the exchange by Brooke Holdings, Inc. of 91,872 shares of Brooke Corporation common stock for 3,828 shares of Brooke Holdings, Inc. stock. The exchanges are a part of Robert Orr's personal financial plans announced by Brooke Corporation on August 31, 2004, and resulted in an increase in his ownership interest in Brooke Holdings. The exchanges occurred on March 31, 2005, pursuant to three separate Rule 10b5-1 Exchange Agreements entered into in late 2004 with three individual shareholders of Brooke Holdings, Inc. About our company ... Brooke Corporation (AMEX:BXX) is listed on the American Stock Exchange under the symbol of BXX. Brooke Corporation is a holding company with three primary subsidiaries. Brooke Franchise Corporation is a subsidiary that distributes insurance and financial services through a network of approximately 385 franchise locations as of February 28, 2005. The Brooke organization was founded on the belief that local business owners distribute insurance and financial services more efficiently than others if supported by a franchise system. Brooke Credit Corporation is a subsidiary that originates loans to insurance agencies, financial services practices, funeral homes and other local businesses, including Brooke franchises. Loan portfolio balances totaled approximately $194,000,000 on February 28, 2005. Loans have been mostly sold as individual loans to participating lenders or as pooled loans to investors through asset backed securitizations. Brooke Brokerage Corporation is a subsidiary holding company with subsidiaries that sell insurance on a wholesale basis primarily through locally owned insurance agencies, including Brooke franchises. Through Bermuda based subsidiaries, underwriting risks are shared with insurance companies on selected policies. Email Distribution ... If you would like to receive electronic press release information then please visit the "Investor Relations" section of our website at http://www.brookecorp.com/ and subscribe to our "Email Alerts" on- line. This press release may contain forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties, and several factors could cause actual results to differ materially from those in the forward-looking statements. The following factors, among others, could cause actual results to differ from those indicated in the forward-looking statements: the uncertainty that the Company will achieve its short-term and long-term profitability and growth goals, uncertainties associated with market acceptance of and demand for the Company's products and services, the impact of competitive products and pricing, the dependence on third party suppliers and their pricing, its ability to meet product demand, the exposure to market risks, uncertainties associated with the development of technology, changes in the law and in economic, political and regulatory environments, changes in management, the dependence on intellectual property rights, and the effectiveness of internal controls. Investors are directed to the Company's most recent annual and quarterly reports, which are available from the Company without charge or at http://www.sec.gov/ , for a more complete description of the Company's business. DATASOURCE: Brooke Corporation CONTACT: Anita Larson of Brooke Corporation, +1-913-661-0123, Web site: http://www.brookecorp.com/

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