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April 3, 2001
For Immediate Release

TVG to Feature Exclusive Interactive Online Wagering and Special Programming on the Kentucky Derby Future Wager

Los Angeles, CA. TVG announced today that the company would again offer exclusive interactive online wagering at www.TVGNetwork.com and special television programming for Pool Three of Churchill Downs' Kentucky Derby Future Wager. Pool Three opens at 12:00 p.m. (ET) on Thursday, April 5th and runs through 4:30 p.m. (ET) on Sunday, April 8th. Horseplayers handicapping the third Kentucky Derby Future Wager can visit TVGnetwork.com for comprehensive Future Wager information, and download complimentary handicapping products from Equibase Company and TrackMaster for all 23 individual wagering interests. TVG subscribers can also wager using TVG's automated touch-tone telephone wagering system by dialing 1-888-TVG-WAGER.

"With comprehensive television programming, wagering information, free past performances and the ability to wager from home online or by telephone, TVG is the destination for racing fans that cannot make it to their local racetrack but still want to participate in the Kentucky Derby Future Wager," said David Carrico, TVG's Vice President of Market Development. "Our subscribers can get into the action early and find value on their Derby favorites."

"The Kentucky Derby Future Wager has shown remarkable growth in three short years, and fans across the nation have shown that they love this new product," said John Asher, Churchill Downs' vice president, racing communications. "Partners such as TVG and Equibase embraced this first-ever pari-mutuel future wager from the start and have played significant roles in its success. Churchill Downs greatly appreciates their support, and we look forward to the continued growth of the Future Wager in this year's final pool and in years to come."

Equibase Company's ClassGraphÔ and TrackMasterÔ Platinum Past Performances are accessible through www.churchilldowns.com while TVG full past performance programs are available at www.tvgnetwork.com.

"Equibase and Trackmaster are pleased to continue our support of Churchill Downs and TVG by making our products available free online to racing fans looking to participate in this innovative wager," said Equibase executive vice president, sales and marketing, Hank Zeitlin. "These complimentary handicapping products help build interest in not only the wager, but in anticipation of the first leg of the Triple Crown. Adding to fan interest as we enter the spring ends up benefiting the entire industry."

To follow the action, racing fans can tune into TVG for special programming from 12:00 Noon - 8:00 PM (EST) during the third and final leg of the Future Wager. Two features, the TVG Inside Track and TVG Backtracks, will highlight the programming and provide an inside look at the early contenders for the Kentucky Derby in each Future Wager field - including replays of their most recent races. Programming will also include hourly live odds updates during the wager.

Racing fans in Kentucky, Louisiana, Maryland and Oregon can sign up for an NTRA Services wagering account online at www.tvgnetwork.com or by telephone at 1-888-PLAY-TVG.

The Kentucky Derby Future Wager is a pari-mutuel wager offered by Churchill Downs that allows racing fans to wager early on prospective entrants in Kentucky Derby 127, which will be run on May 5, 2001. The minimum wager is $2 and the Kentucky Derby Future Wager is a win wager only. All Kentucky Derby Future wagers will be merged through the Kentucky hub located at Churchill Downs.

There will be three separate wagering pools for the Kentucky Derby Future Wager in the months leading up to the race with the winner of each pool being determined by the official first place finisher in Kentucky Derby 127 on May 5. Each of these pools will be open for a period of four days, running from Thursday at 12:00 p.m. (EST) to Sunday at 4:30 p.m. (EST). Pool 1 opened Thursday, February 15 and closed Sunday, February 18. Pool 2 opened March 8, and closed March 11. Pool 3, the final wagering pool, opens April 5 and closes April 8. Current odds and other merged pool information will be available Thursday-through-Saturday from 12:00 p.m. (EST) to 11:00 p.m. (EST) and Sunday from 12:00 p.m. (EST) until 4:30 p.m. (EST).

An Official Marketing Partner of the National Thoroughbred Racing Association (NTRA), TVG features live, hosted Thoroughbred, harness and quarter horse racing from America's premier racetracks.

TVG has exclusive long-term agreements with the following racetracks: Aqueduct, Arlington Park, Belmont Park, Calder, Churchill Downs, Del Mar, Ellis Park, Emerald Downs, Fairplex Park, Hollywood Park, Hoosier Park, Keeneland, Laurel, Lone Star Park, Los Alamitos, Oak Tree at Santa Anita, Pimlico, Portland Meadows, Prairie Meadows, Ruidoso Downs, Saratoga Raceway, Saratoga Race Course, Suffolk Downs, Turf Paradise and Turfway Park. Non-exclusive racetrack partners include Fair Grounds, Louisiana Downs, Balmoral, Maywood, Pompano Park, Great Lakes Downs and Northfield Park.

Produced in conjunction with FOX Sports, TVG's programming also includes expert commentary, tutorials and behind-the-scenes features on the horses and celebrities of racing.

TVG is headquartered in Los Angeles with offices in Broomfield, CO, Beaverton, OR and Louisville, KY. Currently, the network is available to approximately 6 million cable and satellite television subscribers via basic programming packages on select cable systems, EchoStar's Dish Network, the Superstar/Netlink/Turnervision group of c-band satellite services.

TVG is a subsidiary of Gemstar-TV Guide International, Inc.

Contact:

TVG - John Hindman, VP of Communications (310) 689 - 2531