Canterbury Park Holding Corporation announced today that Curtis A. Sampson, the Company's Founder and Chairman of the Board has entered into a pre-arranged, systematic trading plan to sell Canterbury Park Holding Corporation (CPHC) shares in accordance with guidelines specified by Rule 10b5-1 under the Securities Exchange Act of 1934 and CPHC policies with respect to insider sales.

Rule 10b5-1 permits officers and directors of public companies to adopt pre-determined plans for selling specified amounts of stock. The plans may be entered into only when the director or officer is not in possession of material, nonpublic information and may be used to gradually diversify investment portfolios over a period of time.

Mr. Sampson's 10b5-1 Plan provides for the sale of approximately 110,000 shares of CPHC common stock beginning December 3, 2004. As of December 2, 2004, Mr. Sampson beneficially owned approximately 975,000 CPHC common shares. Mr. Sampson has designated a target price for the sale of the CPHC shares covered by the 10b5-1 Plan. If CPHC stock is not trading at or above the target price, the shares covered by the 10b5-1 Plan may not be sold.

About Canterbury Park:

Named to Fortune Small Business' July 2004, 100 fastest growing small companies list (#19), Canterbury Park Holding Corporation owns and operates Canterbury Park Racetrack, Minnesota's only pari-mutuel horse racing facility. In addition, the Company is authorized under Minnesota law to host "unbanked" card games. Canterbury Park's Card Club operates 24 hours a day, seven days a week, and receives collection revenues from 31 poker tables, and 19 tables offering a variety of unbanked card games. The Company also conducts year-round wagering of simulcast horse racing and hosts a variety of other entertainment and special events at its facility in Shakopee, Minnesota. For more information about the Company please visit us at www.canterburypark.com.