ball up..., page-3

As this letter is only to unlisted optionholders (employees?) this is just by way of a market heads up, giving us the date early...
All weekend to be excited if you bought today - you won't be in the mad scramble on Monday.

I would imagine ex date could be Thursday - possibly Wednesday - but no-one is going to wait!!!

Will spend a VERY pleasant weekend now!!!!
Cheers.....hic.....

25 October 2007
Dear (Optionholder)
CityView Corporation Limited – Entitlements Offer
As announced on 15 October 2007, CityView Corporation Limited (Company) is offering eligible shareholders the opportunity to participate in a non-renounceable pro rata entitlements offer to acquire one option in the Company for every five shares held (Offer).
The options are being offered at an issue price of 4 cents, and will be exercisable at any time prior to 30 November 2009 at an exercise price of 15 cents. The offer is expected to raise approximately $2.27 million for the Company, before the costs of the Offer.
To participate, shareholders must be listed on the Company share register on 7 November 2007. The offer is not available to persons who hold existing options in the Company on that date.
As the current registered holder of unlisted options in the Company, should you wish to participate in the Offer you will be required to exercise your existing options prior to 7 November 2007.
Please contact the Company if you have any queries regarding your ability to participate in the offer.
Kind regards
Mark Smyth
Chief Executive Officer.
Level 9, 28 The Esplanade, Perth, Western Australia, 6000
PO Box 5643 St George’s Terrace, Perth, Western Australia, 6831
Telephone: (61-8) 9226 4788 Facsimile: (61-8) 9226 4799
Email: [email protected] Web: www.cityviewcorp.com
ABN: 59 009 235 634 ACN: 009 235 634