CONTACT:     Steven B. Solomon

                        CT Holdings, Inc.

214-521-3443

                        sbsolomon@citadel.com

 CT Holdings Delisting Stayed Pending Nasdaq Hearing

Dallas, Texas, March 26, 2001 -- CT Holdings, Inc. (Nasdaq: CITN) today announced that it has received a stay of the proposed delisting of its common stock from the Nasdaq SmallCap Stock Market ("Nasdaq") and the Company's stock will continue to trade on Nasdaq pending the outcome of an oral hearing requested by the Company. The hearing request will stay the delisting of the Company's securities pending a decision by the Nasdaq Listing Qualifications Panel.

As previously announced by the Company on December 27, 2000 and March 23, 2001, it is not currently in compliance with Nasdaq's minimum bid price requirement.  Any delisting action, however, has been stayed pending the outcome of an oral hearing before the Nasdaq Listing Qualifications Panel ("Panel") requested by the Company.  The hearing is to be held on April 26, 2001 in Washington, D.C.

There can be no assurance that the Panel will grant the Company's request for continued listing.  In the event the Panel determines to delist the Company's common stock, the Company's common stock may continue to trade on the OTC Bulletin Board's electronic quotation system.  If they do, shareholders will still be able to obtain current trading information, including the last trade bid and ask quotations and share volume.

About CT Holdings

CT Holdings, Inc. (NASDAQ: CITN), is an incubator of early stage Internet companies.  (www.ct-holdings.com).

About Parago

Parago's patent-pending technology platform and processes represent an innovative approach designed to improve the promotional marketing industry.  Parago provides a range of Internet-based customer relationship management products, PromoCenter, ValueRewards and KnowledgeCenter, that are created to increase sales, reduce costs, enhance customer retention for its clients, and improve loyalty. These products comprise Parago's Continuous Customer Interaction^SM model, which helps retailers, manufacturers and service organizations reduce the cost of conducting promotions and drive incremental revenue by cross-selling and upselling new products and services.  During the relationship management process, Parago captures fresh, accurate, and usable transaction and buyer demographic data that can be used by its clients to improve their promotional marketing programs.  Parago, Inc. is a subsidiary of CT Holdings, Inc. (NASDAQ: CITN) and maintains a web site at www.parago.com. 

About River Logic

River Logic, Inc. develops and supports 3rd Generation Internet Network Solutions customized for vertical market segments. Network Solutions contain a suite of value-added applications, management tools, and standard network components that connect domain experts and end-users to premium expertise knowledge that allow organizations to optimally leverage their intellectual assets to gain decisive competitive edge. River Logic is headquartered at 800 Cummings Center, Suite 355W, Beverly, MA 01915 and has just added an office in Atlanta, GA located at 100 Mansell Center East, Suite 225, Roswell, GA 30076. More information is available at www.riverlogic.com or via email at info@riverlogic.com, or at  (978)753-5029. 

For more information on CT Holdings, its Internet subsidiaries, and its Citadel Technology line of security software products, please visit our Web site at http://www.ct-holdings.com. For information on purchasing products, contact us directly by writing or calling: CT Holdings, 3811 Turtle Creek Blvd., Suite 770, Dallas, Texas 75219; phone: 214/520.9292; fax: 214/520.9293.

Forward-Looking Statements

This news release contains forward-looking statements, which involve risks and uncertainties. Accordingly, no assurances can be given that the actual events and results will not be materially different that the anticipated results described in the forward-looking statements. There are a number of important factors that could cause actual results to differ materially from those expressed in any forward-looking statement made by us. These factors include the Company's failure to remain in compliance with Nasdaq's other listing requirements in addition to the minimum bid requirement, the Company's decision not to pursue continued listing on the Nasdaq SmallCap Market, a decision by the Nasdaq Listing Qualifications Panel to delist the Company's common stock from the Nasdaq SmallCap Market, and, in the event of delisting, a decision by the Company not to attempt to have its common stock traded on the OTC Bulletin Board, there may not be market makers for the shares of common stock and an active market may not continue to exist, as well as other risk factors.  Investors are also encouraged to read the "Risk Factors" section of the Company's Annual Report on Form 10-KSB for the year ended February 29, 2000, and the Company's Quarterly Report on Form 10-QSB for the quarter ended September 30, 2000, and the Company's other filings, which are on file with the Securities and Exchange Commission.

The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.