STATEMENT ON PASSING OF BOARD MEMBER JERRY THROGMARTIN

(NEWS RELEASE)

INDIANAPOLIS, Monday, Jan. 23, 2012 – A statement from Hulman & Company Chairman of the Board Mari Hulman George about Hulman & Company and Indianapolis Motor Speedway Corporation board member Jerry Throgmartin, who died Jan. 22. Throgmartin was named to the boards in February 2011:

“The IMS family is deeply saddened by the sudden passing of Jerry Throgmartin. We have been appreciative of his contributions to the IMS board. Our thoughts and prayers are with him and his family.”

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