Brooke Credit Corporation Completes $32,000,000 Loan Securitization

Brooke Credit Corporation Completes $32,000,000 Loan
Securitization 


OVERLAND PARK, Kan., March 24  /PRNewswire-FirstCall/ -- Michael Lowry,
President of Brooke Credit Corporation, the finance company subsidiary of
Brooke Corporation (AMEX:BXX), announced the issuance on March 23, 2005, of
$32,000,000 in asset-backed securities through Brooke Capital Company, LLC.
These securities are backed by commercial loans made to insurance franchisees
of Brooke Franchise Corporation, the sister subsidiary of Brooke Credit
Corporation, and carry a "Single A" rating from Standard and Poor's.

Lowry stated, "This transaction represents our fourth securitization since
April 2003, resulting in the issuance of $83,850,000 in rated asset-backed
securities to-date."  The transaction was structured utilizing Red Capital
Markets, Inc. (MEMBER NASD/SIPC), a National City Company, as structuring
agent. Securities were purchased by 28 financial institutions located in the
states of Illinois, Kansas, Missouri, Nebraska, Oklahoma, Tennessee and Texas.

Lowry extended a special thanks to the Company's borrowers, as their continued
success makes evolution of the securitization model possible.

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
$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 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,  , or

[phone]



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

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