CT Holdings Enterprises Announces Effectiveness of Reverse Stock Split and Trading Symbol Change to CTHE Effective February 28, 2007.

DALLAS -- CT Holdings Enterprises, Inc. (OTCBB: CITN) today announced that it will change its Over the Counter Bulletin Board Market trading symbol to CTHE effective Wednesday, February 28, 2007, at the opening of the market. As previously announced, its shareholders and board of directors approved a one-for-seventy reverse stock split that will also be effective as of February 28, 2007.

About CT Holdings Enterprises, Inc.

CT Holdings Enterprises formerly provided management expertise including consulting on operations, marketing and strategic planning and capital to early stage technology companies. From 2002 through 2006, we spun off to our shareholders or sold our remaining investee companies. Since 2007, CT Holdings Enterprises has been engaged in seeking business opportunities to maximize value for its shareholders, including acquisitions of new operating businesses and technologies as well as potential merger opportunities.

Forward-Looking Statements 

This press release contains forward-looking statements based on current management expectations. Those forward-looking statements include all statements other than those made solely with respect to historical fact. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those expressed in any forward-looking statements. These factors include, but are not limited to those set forth in our Proxy Statement filed with the SEC related to the special meeting (including without limitation, that the reverse split may not result in an increase in the market price of our common stock, that our management and significant stockholders will obtain control of the company after the reverse split) and the matters disclosed in the "Risk Factors" sections of our most recent SEC filings. Many of the factors that will determine the outcome of the subject matter of this press release are beyond our ability to control or predict. We undertake no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.