Brooke Corporation Releases Subsidiary Results for August 2004

Brooke Corporation Releases Subsidiary Results for August 2004



OVERLAND PARK, Kan., Sept. 24  /PRNewswire-FirstCall/ -- Robert D. Orr, CEO of
Brooke Corporation (AMEX:BXX), announced selected August results for the
Company's franchise and finance subsidiaries.

Orr announced that the Company's franchise subsidiary, Brooke Franchise
Corporation, consulted with franchisees and others in the acquisition of
businesses in the states of Texas, Illinois, California, Virginia, and Nevada.
Orr stated, "As a result of these acquisitions, Brooke Franchise Corporation
added a total of eight new franchise locations and received over $1,400,000 in
consulting fees from unrelated entities."

To help observers put the August expansion into perspective, Orr noted that
fourteen new franchise locations were added in July 2004 resulting in over
$1,920,000 in consulting fees from unrelated entities.  A record total of
twenty-five new franchise locations were added in June 2004 resulting in
$1,701,500 in consulting fees from unrelated entities.

Orr also announced that loan portfolio balances of the Company's finance
subsidiary, Brooke Credit Corporation, totaled over $148,000,000 on August 31,
2004, as compared to loan portfolio balances of over $141,800,000 on July 31,
2004, and $137,500,000 on June 30, 2004.  Portfolio balances exclude loan
balances of sister companies.

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 more than 335
franchise locations.  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 currently exceed
$148,000,000 and have been mostly sold as individual loans to participating
lenders or as pooled loans to investors through asset backed securitizations. 
CJD & Associates, LLC is a subsidiary that sells insurance on a wholesale basis
primarily through locally owned insurance agencies, including Brooke
franchises.  Through Bermuda based subsidiaries, underwriting risks are shared
by CJD & Associates 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: uncertainties associated with market acceptance of and demand for
the Company's products, impact of competitive products and pricing, dependence
on third party suppliers and their pricing, ability to meet product demand,
exposure to market risks, uncertainties associated with the development of
technology, changes in the law, 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 for a more complete description of the Company's
business. 

DATASOURCE: Brooke Corporation



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

 



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

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