Canterbury Park Holding Offers Special Cash Dividend - Sunday 4th of June 2006

SHAKOPEE, Minnesota Canterbury Park Holding Corporation (AMEX:ECP) today announced that its Board of Directors has declared a special cash dividend of $.25 per share of common stock payable to shareholders of record on June 23, 2006. The dividend will be distributed on July 14, 2006.

The Company currently has approximately 4,027,000 shares of common stock outstanding.The Company stated that it has not adopted any plan or policy with regard to paying dividends and that, after the dividend payable July 14, 2006 is distributed, any further dividend action, if any, by the Board of Directors will be based on the Company's earnings, projected future earnings and cash requirements at such time as a further dividend is considered.

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