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Canterbury Park added to Russell Microcap Index

SHAKOPEE, Minnesota -- (PRESS RELEASE) -- Canterbury Park Holding Corporation (AMEX:ECP) today announced it has been added to the Russell Microcap Index after the Russell Investment Group reconstituted its comprehensive set of U.S. and global equity indexes on June 27, 2008.

Russell indexes are widely used by investment managers and institutional investors for both index funds and as benchmarks for passive and active investment strategies. The Company will hold its membership until Russell reconstitutes its indexes in June 2009.

"We are pleased to be part of the Russell Microcap Index," stated Randy Sampson, Canterbury Park's President and Chief Executive Officer. "Russell is an industry leader for stock indexes, and we expect our inclusion in this index will generate greater interest in our stock among institutional investors."

The annual reconstitution of the Russell Microcap Index captures the 1,000 smallest U.S. stocks in the Russell 2000, based on a combination of their market cap and current index membership, and it includes the next 1,000 stocks as of the end of May.

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