Abode Mortgage Holdings Corp. to Complete Share Consolidation and Change Name

900-1200 West 73rd Ave Vancouver, B.C. V6P 6G5 Telephone: (604) 566-8316

ABODE MORTGAGE HOLDINGS CORP. TO COMPLETE SHARE CONSOLIDATION AND CHANGE NAME

Vancouver, BC, Canada – August 16, 2013 – Abode Mortgage Holdings Corp. (the “Company”) (TSX-V: ABD.H) announces that it intends to complete its share consolidation (the "Consolidation"), as previously announced on February 14, 2013, on the basis of one hundred (100) pre-Consolidation common shares for one

(1) post-Consolidation common share. The Consolidation was approved by the Company's shareholders at its Annual General Meeting held on March 13, 2013, and will be effective as of August 19, 2013 (the "Effective Date").

The Company currently has 116,999,872 common shares issued and outstanding. As at the Effective Date the Company will have approximately 1,169,999 common shares issued and outstanding. The Company will also change its name to Ayubowan Capital Ltd., and will issue new share certificates under a new CUSIP number, which is 054759105. The Company's common shares will remain suspended on the NEX Board of the TSX Venture Exchange under its new symbol "AYB.H".

For further information please contact:

David Nelson, Director and CEO, at (604) 566-8316

About Abode Mortgage Holdings Corp:

Abode Mortgage Holdings Corp. ("Abode") is a public company, headquartered in Vancouver, Canada. Abode is currently investigating business opportunities.

Neither TSX Venture 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.

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward‐looking statements". Forward‐looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward‐looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward‐looking statements.

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