8-K

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): August 11, 2008

Brooke Capital Corporation
__________________________________________
(Exact name of registrant as specified in its charter)

Kansas	0-25679	48-1187574
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)
8500 College Boulevard, Overland Park, Kansas		66210
_________________________________ (Address of principal executive offices)		___________ (Zip Code)

Registrant’s telephone number, including area code: (913) 383-9700

Not Applicable
______________________________________________
Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 11, 2008, Brooke Capital Corporation (AMEX: BCP) appointed James Woods to its Board of Directors. Mr. Woods was also appointed to the Board of Directors’ Compensation Committee and Audit Committee. The appointment of Mr. Woods remedies the noncompliance with AMEX listing standards reported on April 23, 2008.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Brooke Capital Corporation
August 13, 2008	By:	/s/ Carl Baranowski
		Name: Carl Baranowski
		Title: General Counsel

Exhibit Index

Exhibit No.	Description
99.1	Press Release Dated August 12, 2008

EX-99.1

News Release

Brooke Capital Corporation Names James Woods to Board of Directors

OVERLAND PARK, Kan., Aug. 12, 2008 – Brooke Capital Corporation (AMEX: BCP) is pleased to announce the appointment of James Woods to the company’s board of directors. Woods will join the board’s Audit and Compensation Committees. His appointment brings Brooke Capital into compliance with AMEX guidelines regarding boards of directors.

“James brings a wealth of management and leadership experience to our board of directors,” said Kyle Garst, chief executive officer of Brooke Capital Corporation. “We look forward to his contributions and insight.”

Woods most recently served as senior vice president and treasurer of Security Benefit Life Insurance Company and Security Benefit Group from 1985 to 1997. He was also president of Merit Corporation, a Des Moines, Iowa-based real estate syndicator and investment firm from 1981 to 1985.

Additionally, Woods previously served as president and a director of Junior Achievement, treasurer and director of the Iowa Episcopal Corporation and treasurer and a director of the Salvation Army. He also chaired the government division of the United Way campaign of Greater Des Moines. Woods is a past president and a director of the Des Moines Society of Financial Analysts and served as a director for the Financial Analysts Federation of America and the Financial Executives of Iowa.

About Brooke Capital Corporation:
Brooke Capital Corporation (AMEX: BCP) is an Overland Park, Kan.-based insurance organization founded in 1997. Brooke Capital is the parent company of Brooke Investments Inc., First Life America Corporation, a life insurance company, and Brooke Capital Advisors Inc., a loan consultant for managing general insurance agencies.

Contact: Lisa Mussman, 785-543-3199 ext. 561 or lisa.mussman@brookeagent.com