June 12 2007

Carnegie Cooke Announces Release of 2007 Year-To-Date Domestic and International Gross Wagering Revenues

Las Vegas, NV, June 12, 2007 (BUSINESS WIRE)

Carnegie Cooke & Company, Inc. (PINK SHEETS: CGKY) In keeping with the commitment we made in our first quarter shareholder communication to improve communications externally and become more transparent in 2007, we released today our 2007 year-to-date domestic (Brazilian national races) and international gross wagering revenues for its operations in Brazil.

They are available on our website at http://www.carnegiecooke.com/investorrelations.html

About Carnegie Cooke & Company, Inc.

Carnegie Cooke is a media and distribution company in the Brazilian turf industry. The Brazilian Department of Agriculture reports that in 2005 turf/gaming industry revenues were in excess of US$400 million, in local racing events, using un-mechanized facilities. Through its relationship with the Jockey Club of Campos Carnegie Cooke's has been granted the right to implement international simulcast racing throughout Brazil. For more information, please visit Carnegie Cooke's website. www.carnegiecooke.com.

Safe Harbor Statement:

Except for historical information, the matters set forth herein, which are forward-looking statements, involve certain risks and uncertainties that could cause actual results to differ. Potential risks and uncertainties include, but are not limited to, perceived or actual benefits from Carnegie Cooke's planned operations, the market acceptance and level of sales derived from its operations, the competitive environment within the Brazilian turf industry, and the successful technical and economic implementation of its operations.

Contact Information: Carnegie Cooke & Company, Inc. Mark Goldberg, CEO 718-326-2525 mailto:investorrelations@carnegiecooke.com www.carnegiecooke.com

Source: Carnegie Cooke & Company, Inc.

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