SCHEDULE 14A
                                (RULE 14a-101)
                   INFORMATION REQUIRED IN PROXY STATEMENT
                           SCHEDULE 14A INFORMATION
   PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT
                          OF 1934 (AMENDMENT NO.   )


Filed by the Registrant [ ]
Filed by a Party other than the Registrant [X]
Check the appropriate box:
[ ] Preliminary Proxy Statement
[ ] Definitive Proxy Statement
[X] Definitive Additional Materials
[ ] Soliciting Material Pursuant to Section 240.14a-11(c) or Section 240.14a-12

                     CALIFORNIA JOCKEY CLUB
 .................................................................
       (Name of Registrant as Specified In Its Charter

           CALIFORNIA JOCKEY CLUB SHAREHOLDERS COMMITTEE
 .................................................................
         (Name of Person(s) Filing Proxy Statement)

Payment of Filing Fee (Check the appropriate box):
[ ] $125  per Exchange Act Rules 0-11(c)(1)(ii), 14a-6(i)(1), or 14a-6(i)(2).
[X] $500  per each party to the controversy pursuant to Exchange Act Rule
    14a-6(i)(3).
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11.

    1) Title of each class of securities to which transaction applies:

       .............................................................

    2) Aggregate number of securities to which transaction applies:

       .............................................................

    3) Per unit price or other underlying value of transaction computed
       pursuant to Exchange Act Rule 0-11:(1)

    4) Proposed maximum aggregate value of transaction:

       .............................................................

    5) Total fee paid:
       [X] Fee paid previously with preliminary materials.
       [ ] Check box ;if any part of the fee is offset as provided by Exchange
           Act Rule 0-11(a)(2) and identify the filing for which the offsetting
           fee was paid previously. Identify the previous filing by
           registration statement number, or the form or schedule and the date
           of its filing.
(1)    Amount previously paid:

       .............................................................

(2)    Form, schedule or registration statement no.:

       .............................................................

(3)    Filing party:

       .............................................................


(4)    Date filed:

       .............................................................

- -----------
(1) Set forth the amount on which the filing fee is calculated and state how it
was determined.



                           GEORGESON
                         & COMPANY INC.
- ----------------------------------------------------------------------------
                       Wall Street Plaza
                      New York, NY  10005
                         212-440-9800
                       FAX 212-440-9009
- ----------------------------------------------------------------------------
                          NEWS RELEASE


From:                               For Release:
      California Jockey Club                     Immediately
      Shareholders Committee    
                                    Contact:
                                                 David Gjerdrum
                                                 California Jockey Club 
                                                 Shareholders Committee
                                                 (415) 813-0912

                                                 Thomas Loran
                                                 Pillsbury Madison & Sutro LLP
                                                 (415) 983-1865


         CALIFORNIA JOCKEY CLUB SHAREHOLDERS COMMITTEE CONDEMNS 
           MISREPRESENTATIONS IN RECENT CAL JOCKEY SEC FILING
               AND DEMANDS IMMEDIATE CORRECTION

      San Francisco, August 28, 1996....The California Jockey Club Shareholders
Committee   announced today that it had found serious departures from the truth
in a document filed by the  holdover board of California Jockey Club (AMEX:CJ)
and is demanding immediate correction  of the misrepresentations.  Cal Jockey's
court-mandated Annual Meeting is scheduled for  Friday, August 30.

      Said Ron Volkman, a Committee nominee for election to the Cal Jockey
Board, "Our  position has always been clear:  return control of our company to
the shareholders and elect a  Board of Directors committed to the best
long-term interests of the shareholders."

      The Committee's nominees aim to preserve and enhance the profitability of
live racing at  Bay Meadows and to maximize the value of the company's real
estate for all shareholders  through a comprehensive, carefully coordinated
strategic plan.  They believe such a strategic  plan would involve marketing
all of Cal Jockey's San Mateo real estate as a Planned Unit  Development
("PUD") and finding the right site for a new racecourse that would qualify for 
tax deferral treatment as exchange property.  

      Mr. Volkman stated that this did not mean that the Committee advocated
selling Cal  Jockey's property.  Instead, Volkman said, "Most people in real
estate understand there is more  to marketing a PUD than selling it outright. 
The holdover Cal Jockey Board has accused us of  not understanding
sophisticated transactions, but they assume the only way to market a real 
estate property is to sell it -- haven't these guys ever heard of a lease?" 

      The Shareholders Committee was formed last May by a group of shareholders 
dissatisfied with the company's performance who nominated a five-member slate
for the  company's Board of Directors to be elected at the annual meeting
scheduled for June 27.   When the incumbent Board learned that their Board
seats would be challenged, they responded  by canceling the meeting.  The
Committee successfully sued to require the Board to hold the  annual meeting on
August 30.

                                    ###