Mudd appointed to Equibase Management Committee

William "Bill" E. Mudd, executive vice president and chief financial officer

of Churchill Downs Inc., has been appointed by the Thoroughbred Racing

Associations of North America (TRA) to the Equibase Company LLC Management

Committee, it was announced Thursday by Equibase Chairman Alan Marzelli.

Mudd replaces Steve Sexton, who served as a member of the committee from 2003

to 2005 and again from December 2006 until August 2008. Other members of the

committee are Peter Berube, Craig Fravel, Hal Handel, Jim McAlpine and Mike

Weiss representing the TRA; and Sherwood Chillingworth, C. Steven Duncker, James

L. Gagliano, Alan Marzelli, Nick Nicholson and Ogden Mills Phipps representing

The Jockey Club.

"We look forward to Bill's involvement with the committee," Marzelli said,

"and we certainly thank Steve for his contributions and the industry experience

and knowledge he brought to the committee over these past several years."

A native of Marion County, Kentucky, Mudd joined the management team at

Churchill Downs Inc. in 2007 after 15 years with General Electric Company (GE).

He started his career with GE in 1992 and subsequently held several executive

positions there. He left the company as Global Commercial CFO at GE Water &

Process Technologies, a water process and filtration business based in Trevose,

Pennsylvania.