Ct Developers Announces Option Grant

CT DEVELOPERS LTD.

Unit 1, 1764 Rathburn Road East Mississauga ON L4W 2N8

NEWS RELEASE

CT DEVELOPERS ANNOUNCES OPTION GRANT

October 24, 2017 – Vancouver, British Columbia (NEX: DEV.H). CT Developers Ltd., ("CT" or the "Company"), a capital pool company, announces that it has issued stock options to purchase up to 480,000 common shares of the Company to its directors at an exercise price of $0.06 per share for a period of five years.

The Company continues to search for appropriate QT opportunities in a variety of industries.

For further information please contact:

Norman Eyolfson President & Chief Executive Officer Phone: (416) 884-8601

Statements in this press release regarding CT's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties, such as terms and completion of the proposed transaction. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements.

NEITHER THE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.