CAPITOL GROUP HOLDINGS CORPORATION 4600 East Sunset Road, Suite 320 Henderson, Nevada 89014 Telephone (702) 451-8954 December 2, 2002 Mr. John Reynolds Copy Via Fax (202) 942-9516 Mail Stop 3-4 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Re: Application for Withdrawal of Registration Statement on Form SB-2 for Capitol Group Holdings Corporation; File No. 333-100288 Dear Mr. Reynolds: Pursuant to Rule 477 of Regulation C promulgated under the Securities Act of 1933, as amended, Capitol Group Holdings Corporation (the "Company") hereby requests that its Registration Statement on Form SB-2 (File No. 333-100288) be withdrawn. The Company is making this application, inasmuch as it wishes to further strengthen its position in the marketplace before undertaking a public offering of its securities. No securities were sold in connection with the subject Registration Statement. Please direct any enquires you may have regarding the above referenced Registration Statement to Mr. Frank J. Dobrucki, President of the Company, telephone (702) 451-8954 and telecopier (702) 451-8916, or Norman T. Reynolds, Esq. of the firm Glast, Phillips & Murray, P.C., counsel to the Company, 815 Walker Street, Suite 1250, Houston, Texas 77002, telephone (713) 237-3135 and telecopier (713) 237-3202. Very truly yours, /s/Frank J. Dobrucki Frank J. Dobrucki, President