CAPITAL ESTATE<00193> - Odd Lot Arrangement

The Stock Exchange has received a message from Capital Estate Limited 
which is reproduced as follows:

"Odd lots matching service

In order to alleviate Shareholders' difficulties in dealing in odd lots 
that may arise as a result of the Capital Reorganisation, the Company has 
appointed Get Nice Investment to stand in the market to provide matching 
service on a best effort basis for the odd lots of Consolidated Shares 
during the period from Monday, 17th October, 2005 to Monday, 7th November, 
2005 (both dates inclusive). Shareholders who wish to take advantage of 
this matching facility either to dispose of odd lots of Consolidated 
Shares or to top up to a board lot to 2,000 Consolidated Shares, may 
contact Mr. Lau Shek Ki of Get Nice Investment at 10th Floor, Cosco Tower, 
Grand Millennium Plaza, 183 Queen's Road Central, Hong Kong at telephone 
number (852) 2526 7738.

Shareholders should note that the matching service is on a "best efforts" 
basis only and successful matching of the sale and purchase of odd lots of 
Consolidated Shares is not guaranteed and will depend on there being 
adequate amounts of odd lots of Consolidated Shares available for such 
matching.

Shareholders are recommended to consult their licensed securities dealer, 
bank manager, solicitor,professional accountant or other professional 
adviser if they are not sure about the matching service described above.

17/10/2005"