BXXX Brooke Corp (MM)

OVERLAND PARK, Kan., Oct. 30 /PRNewswire-FirstCall/ -- Brooke Capital Corporation (AMEX:BCP) announced today that it will issue financial results for its third quarter ended Sept. 30, 2007, on Tuesday, Nov. 6, 2007, following the close of the market. A special meeting of Brooke Capital Corporation shareholders is scheduled for Nov. 5, 2007, to consider, among other issues, the approval of a plan of merger of Brooke Franchise Corporation into Brooke Capital Corporation. We expect shareholder approval of the proposed merger, and that the merger will be consummated as soon as all other closing conditions have been met. Immediately following consummation of the merger, our directors are expected to elect Brooke Franchise Corporation's Chief Executive Officer, Kyle Garst, and Chief Operating Officer, Dane Devlin, to the same positions within Brooke Capital Corporation. As such, Mr. Garst and Mr. Devlin, along with Chairman, Robert D. Orr, and Vice Chairman, Michael Hess, will host an investor and analyst conference call on Wednesday, Nov. 7 at 10 a.m. CST/ 11 a.m. EST to discuss its financial and operating results for the third quarter of 2007. To join the call, please dial 866-356-4281 in the United States and Canada, or 617-597-5395 if calling internationally. The conference ID number is 20099154. A live broadcast of the call will be available on the Investor Relations section of Brooke's Web site at http://invest.brookecorp.com/. Subsequent to the proposed merger, Brooke Corporation (NASDAQ:BXXX) will own approximately 81 percent of Brooke Capital Corporation and virtually all of Brooke Corporation's insurance activities will be transferred to Brooke Capital Corporation. As such, Brooke Corporation shareholders, as significant indirect shareholders of Brooke Capital Corporation, are encouraged to participate in the Brooke Capital Corporation earnings call for information regarding Brooke Corporation's insurance activities because insurance executives (Mr. Garst, Mr. Devlin and Mr. Hess) will not be available during Brooke Corporation's earnings call. The webcast is also being distributed through the Thomson StreetEvents Network to both institutional and individual investors. Individual investors can listen to the call at http://www.earnings.com/, Thomson/CCBN's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson's password protected event management site, StreetEvents, at http://www.streetevents.com/. About our company ... Brooke Capital Corporation is an Overland Park, Kansas-based insurance organization founded in 1997. Brooke Capital is the parent company of First Life America Corporation, a life insurance company, and Brooke Capital Advisors, Inc., a loan broker and consultant for general insurance agencies specializing in the sale of hard-to-place and niche insurance policies. The conference call and presentation referenced in this press release contain forward-looking statements. 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, the effectiveness of internal controls, and risks and factors described from time to time in reports and registration statements filed by the Company with the Securities and Exchange Commission. A more complete description of the Company's business is provided in the Company's reports and registration statements, which are available from the Company without charge or at http://www.sec.gov/. DATASOURCE: Brooke Capital Corporation CONTACT: Karen Haus of Market Street Partners, +1-415-445-3238, , for Brooke Capital Corporation Web site: http://www.brookecorp.com/ http://invest.brookecorp.com/ http://www.earnings.com/ http://www.streetevents.com/ http://www.sec.gov/

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