Brooke Corporation Expands Executive Ranks

(Friday, September 14, 2007) - Robert D. Orr,
chairman and founder of Brooke Corporation (NASDAQ: BXXX) announced the
appointment of Keith Bouchey as director, president and CEO of Brooke
Corporation effective Oct. 1, 2007. Bouchey replaces Anita Larson, who will
now focus full time on her responsibilities as an executive of Brooke Credit
Corporation (OTC: BRCR) (BULLETIN BOARD: BRCR) , Brooke Corporation's finance
company subsidiary.

As a result of the recent merger of Brooke Credit Corporation into Oakmont
Acquisition Corp., Brooke Credit Corporation is supervised by a separate
board of directors representing the interests of Brooke Corporation and all
other Brooke Credit Corporation shareholders. As such, Brooke Credit
Corporation's chief executive officer reports to Brooke Credit Corporation's
board of directors, of which Larson is chairman.

Bouchey will assume the Brooke Corporation corporate duties previously
performed by Larson, including investor relations, regulatory filings and
other such holding company activities. In addition to assumption of Larson's
corporate duties, Bouchey will also assume responsibility for Brooke
Corporation's bank operations. Another result of Brooke Credit Corporation's
merger into Oakmont Acquisition Corp. and Brooke Franchise Corporation's
proposed merger into Brooke Capital Corporation (AMEX: BCP) is that Brooke
Corporation's activities are limited to holding company activities and bank
operations. Accordingly, Bouchey's public company and banking experience
makes him well qualified for this position.

"As the result of Anita's increased executive responsibilities with Brooke
Credit Corporation, she has been burning the candle at both ends by also
continuing to manage Brooke Corporation's corporate activities," Orr said.
"Keith is a director of Brooke Credit Corporation and Brooke Capital
Corporation, so he knows our organization very well and is a natural to take
over Anita's corporate responsibilities. I look forward to working with
Keith."

Orr added, "I am excited about the future of agent banking. Earlier this week
we signed an agreement to acquire approximately 45 bank agent locations. The
addition of Keith to our executive ranks provides additional banking
expertise to help manage the growth of Brooke locations through agent
banking."

A consequence of the conversion of Brooke Corporation private company
subsidiaries into public company subsidiaries is that executives who
previously reported to Orr now report to their respective public company
boards of directors, making the selection of directors an important task. Orr
noted, "Keith's connections will be a great help to me in recruiting new
independent directors and evaluating existing directors for Brooke Credit
Corporation and Brooke Capital Corporation, our public company subsidiaries."

Bouchey most recently served as director, senior executive vice president and
chief financial officer of First Community Bancshares, Inc. in Overland Park,
Kan., and its wholly-owned subsidiary bank, First Community Bank of Lee's
Summit, Mo. He is also a director, officer and shareholder of Holyrood
Bancshares, Inc. in Holyrood, Kan., and director and shareholder of UBT
Banchares Inc. in Marysville, Kan. Bouchey served five years as the executive
financial officer of Gold Banc Corporation Inc. of Leawood, Kan. Additionally,
Bouchey served for 17 years as the managing director of the regulatory
services practice at GRA, Thompson, White and Co., a regional bank accounting
and consulting firm, and was with the Federal Reserve Bank of Kansas City for
five years. Mr. Bouchey is a native of Kansas, and received his bachelor's
degree in corporate finance from Kansas State University.

Orr also announced the employment of Carl Baranowski as senior counsel for
Brooke Corporation effective Sept. 17, 2007. Baranowski previously served as
counsel for Jabil Circuit Inc., a leading electronic manufacturing and design
services provider with 75,000 employees. He has also served as general counsel
of Honeywell Advanced Circuits Inc. and senior counsel of Gateway Inc. with
responsibility for corporate/securities, finance and international
operations. Baranowski holds two bachelor's degrees and a master's degree
from the Massachusetts Institute of Technology. Baranowski earned his law and
MBA degrees from Stanford University. Baranowski is co-author of "Representing
High-Tech Companies", a Phi Beta Kappa and was editor of the Stanford Journal
of International Law.

About Brooke Corporation ... Brooke Corporation is a holding company listed
on the Nasdaq Global Market under the symbol "BXXX". Brooke Corporation owns
100 percent of Brooke Brokerage Corporation, a banking organization with a
federally chartered thrift institution that operates an "agent bank". Brooke
Corporation owns 62 percent of Brooke Credit Corporation (OTCBB:BRCR), a
finance company specializing in insurance related lending. Brooke Corporation
currently owns 58 percent of Brooke Capital Corporation (AMEX: BCP), an
insurance organization with a life insurance company and, subject to closing
of a merger with Brooke Franchise Corporation, a non standard auto insurance
company and an insurance agency franchisor.

Contact ... Robert Orr, Brooke Corporation, (800) 747-4237 ext. 118,
sherisa.wood@brookeagent.com

E-mail Distribution ... To receive electronic press alerts, visit the Brooke
Corporation Media Room at http://brookecorp.mediaroom.com and subscribe to
our e-mail alerts online through the Get the News link.

This press release contains 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, the 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 Brooke Corporation with the Securities and Exchange
Commission. A more complete description of Brooke's business is provided in
Brooke Corporation's most recent annual, quarterly and current reports, which
are available from Brooke Corporation without charge or at http://www.sec.gov.

SOURCE: Brooke Corporation

CONTACT: Robert Orr of Brooke Corporation, 1-800-747-4237, ext. 118,
sherisa.wood@brookeagent.com

Web site: http://www.brookecorp.com/

View all Brooke Press Releases

This article has been read 90 times.

Printer Friendly

COMPANY INFORMATION
Brooke Logo

Brooke Franchise Corp.
10950 Grandview Dr., Bldg. 34, 6th Fl.
Overland Park, KS

Toll Free: (800)642-1872
Fax: (888)292-4196

View Franchise Details

Top Franchise Industries:   ·   Accomodations & Lodging  ·   Arts & Entertainment  ·   Automotive  ·   Business Services  ·   Children's Service  ·   Cleaning and Maintenance  ·   Computer and Internet  ·   Education & Training  ·   Financial Service  ·   Food  ·   Health and Beauty  ·   Home Services  ·   Other  ·   Pets & Animal  ·   Retail  ·   Senior Care  ·   Sports and Leisure  ·   Telecommunications  ·   Travel  ·   Vending