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International Speedway Corporation Announces A 58% INCREASE IN ITS ANNUAL DIVIDEND, NAMES NEW EXECUTIVE OFFICERS AND ELECTION OF BOARD OF DIRECTORS

The following excerpt is from the company's SEC filing.

DAYTONA BEACH, Fla. - April 13, 2016 - International Speedway Corporation (NASDAQ Global Select Market: ISCA; OTC Bulletin Board: ISCB) (“ISC”)

today

announced an increase in its annual dividend, appointment of two new executive officers and re-election of three members to the Company’s Board of Directors.

ISC declared an annual dividend of $0.41 per share, payable on June 30, 2016, to common stockholders of record on May 31, 2016, marking the 43

consecutive year that the Company has paid a dividend to its shareholders. The dividend for 2016 is an increase of approximately 58% over the dividend paid in 2015 of $0.26 per share. The Company expects to continue increasing the dividend in the years beyond 2016 at a rate of approximately 4% to 5% annually. ISC has increased its dividend for 11 consecutive years and was recently recognized for this commitment to delivering shareholder value by NASDAQ adding the Company to the NASDAQ US Broad Dividend Achievers Index.

ISC appointed two key employees to Company officers for their significant contributions and achievements. Jeff Boerger, Managing Director of ISC Development and President of Kansas Speedway Development Corporation has been promoted to Vice President, ISC Corporate Development and President, Kansas Speedway Development Corporation; and Derek Muldowney, Executive Vice President of ISC Design and Development, has been promoted to Vice President, ISC and President, Design and Development.

ISC’s executive leadership team is strategically positioned to continue execution...


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