CHURCHILL DOWNS INC

Ticker: CHDN CUSIP: 171484108 Class: COM

HG Vora Capital Management, LLC's Holding History (CIK: 0001525362)

Note: Option positions (PUT/CALL) are excluded.

Q1 2016

Shares 240,000 Value ($000) $35,491 Avg Close $21.83 Range $19.35 - $23.59

Q4 2015

Shares 260,000 Value ($000) $36,787 Avg Close $22.56 Range $20.65 - $24.17

Q3 2015

Shares 250,000 Value ($000) $33,453 Avg Close $21.02 Range $18.69 - $22.64

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	240,000	$35,491	$21.83	$19.35 - $23.59
Q4 2015	260,000	$36,787	$22.56	$20.65 - $24.17
Q3 2015	250,000	$33,453	$21.02	$18.69 - $22.64