Carnegie Cooke Announces International Simulcast Operations are Live at New Location

Las Vegas, NV, September 5, 2007 (BUSINESS WIRE)

Carnegie Cooke & Company, Inc. (PINK SHEETS: CGKY) Carnegie Cooke today announced the commencement of international simulcast operations in Macae which began on August 25. In partnership with the Jockey Club of Campos, Carnegie Cooke is now providing international simulcast racing to their accredited agency located within the Centro district of Macae. Today, our operational facilities are the agency in the city of Campos dos Goytacazes, which celebrated its first year anniversary on August 28th, and the accredited agency in Macae.

About Carnegie Cooke & Company, Inc.

Carnegie Cooke is a media and distribution company within the Brazilian turf industry. Carnegie Cooke's Brazilian entity has the right to distribute international simulcast racing throughout Brazil by the explicit authorization of the Brazilian Ministry of Agriculture and through its partnership with the Jockey Club of Campos. 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:Carnegie Cooke & Company, Inc.

John D. Samuel, COO,

718-326-2525

jdsamuel@carnegiecooke.com

www.carnegiecooke.com

Source: Carnegie Cooke & Company, Inc.

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