Brooke Corporation Files Registration Statement for Stock Offering

Brooke Corporation Files Registration Statement for Stock
Offering 


OVERLAND PARK, Kan., April 21  /PRNewswire-FirstCall/ -- Brooke Corporation
(AMEX:BXX) announced today that it has filed a registration statement with the
Securities and Exchange Commission for a proposed follow-on offering of 2.5
million shares of its common stock.  The underwriters will be granted an option
to purchase an additional 375,000 shares of the Company's common stock to cover
over-allotments, if any.

The lead underwriter and sole book-running manager for the offering is Sandler
O'Neill & Partners, L.P.  The co-managers for the offering are Fox- Pitt,
Kelton Inc. and Oppenheimer & Co.

The registration statement relating to these securities has been filed with the
Securities and Exchange Commission, but has not yet become effective. The
securities covered by this registration statement may not be sold, nor may
offers to buy be accepted, prior to the time the registration statement becomes
effective.  This announcement does not constitute an offer to sell or the
solicitation of an offer to buy, nor may there be any sale of these securities
in any state or jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of
any such state or jurisdiction.

Copies of the preliminary prospectus relating to the offering, when available,
may be obtained by contacting the Syndicate Department of Sandler O'Neill &
Partners, L.P., 919 Third Avenue, 6th Floor, New York, NY 10022 or by telephone
at [phone].

About our company ...  Brooke Corporation 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 over 400
franchise locations as of March 31, 2005.  Brooke Credit Corporation is a
subsidiary that originates loans to insurance agencies, financial services
practices, funeral homes and other local businesses, including Brooke
franchises.  Brooke Brokerage Corporation is a subsidiary holding company that
sells hard to place and niche insurance on a wholesale basis through locally
owned insurance agencies, including Brooke franchises.

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. 

DATASOURCE: Brooke Corporation



CONTACT:  Anita Larson of Brooke Corporation, [phone], or

 



Web site:  http://www.brookecorp.com/ 

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