Brooke Credit Corporation Announces Selected Results for April 2005

Brooke Credit Corporation Announces Selected Results for April
2005 


OVERLAND PARK, Kan., May 20  /PRNewswire-FirstCall/ -- Michael Lowry, President
of Brooke Credit Corporation, the finance subsidiary of Brooke Corporation
(AMEX:BXX), announced selected April 2005 results.

Lowry announced that loan portfolio balances for Brooke Credit Corporation on
April 30, 2005, totaled approximately $208,000,000, as compared to loan
portfolio balances of approximately $201,000,000 on March 31, 2005, and
approximately $194,000,000 on February 28, 2005. Portfolio balances exclude
loan balances of Brooke Credit Corporation's parent and sister companies.

Lowry also announced that during April, Brooke Credit Corporation received net
interest and servicing income of approximately $661,000 and incurred operating
interest expense of approximately $63,000.  To help put these April results
into perspective, Lowry noted that during the preceding 12 months, the monthly
average of net interest and servicing income totaled approximately $512,000 and
the monthly average of operating interest expense totaled approximately
$84,000.

Lowry also announced that during April, Brooke Credit Corporation incurred a
loss on loan sale activities of approximately $131,000.  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 the April gain on loan sale revenues into perspective, Lowry
noted that during the preceding 12 months, the monthly average of gain on loan
sale revenues totaled approximately $465,000.

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

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.  Brooke Credit's loan portfolio balances totaled approximately
$208,000,000 on April 30, 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 availability of funding
sources, 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/ 

Copyright