Brooke Credit Corporation Announces Selected Results for January 2005

Brooke Credit Corporation Announces Selected Results for January
2005 


OVERLAND PARK, Kan., Feb. 28  /PRNewswire-FirstCall/ -- Michael Lowry,
President of Brooke Credit Corporation, the finance subsidiary of Brooke
Corporation (AMEX:BXX), announced selected January 2005 results.

Lowry announced that loan portfolio balances for Brooke Credit Corporation
totaled approximately $185,000,000 on January 31, 2005, as compared to loan
portfolio balances of approximately $183,000,000 on December 31, 2004, and
approximately $179,000,000 on November 30, 2004. Portfolio balances exclude
loan balances of Brooke Credit Corporation's parent and sister companies.

Lowry also announced that during January, Brooke Credit Corporation received
net interest and servicing income of approximately $510,000. Additionally,
Lowry announced that Brooke Credit Corporation received loan fee income of
approximately $181,000, from newly originated loans.  To help observers put the
January revenue results into perspective, Lowry noted that during the preceding
12 months, the monthly average of net interest and servicing income totaled
approximately $410,000 and loan fee income averaged approximately $201,000.

Lowry also announced that during January, Brooke Credit Corporation incurred a
loss on loan sale activities of approximately $127,000. The Company typically
experiences a loss on loan sale activities when the monthly write- down of
retained interest asset to fair market value on previously sold loans exceeds
the gains from new loan sales activities within a given month.  To help
observers put this January revenue result into perspective, Lowry noted that
during the preceding 12 months, the monthly average of gain on loan sale
revenues totaled approximately $206,000.

All revenue results included within this press release exclude revenues derived
from lending activities with parent and sister companies.

Brooke Corporation expects to announce its fourth quarter and fiscal year 2004
consolidated financial results in March 2005.

About our company ...  Brooke Credit Corporation is a subsidiary of Brooke
Corporation (AMEX:BXX) that originates loans to insurance agencies, financial
services practices, funeral homes and other local businesses, including Brooke
franchises.  Loan portfolio balances totaled approximately $185,000,000 on
January 31, 2005. Loans have been mostly sold as individual loans to
participating lenders or as pooled loans to investors through asset backed
securitizations. 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.

Email Distribution ... If you would like to receive electronic press release
information then please visit the "Investor Relations" section of Brooke
Corporation's 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 Brooke
Corporation's most recent annual and quarterly reports, which are available
from Brooke Corporation without charge or at http://www.sec.gov/ , for a more
complete description of Brooke's business. 

DATASOURCE: Brooke Corporation



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

 



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

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