CAPITAL BANCORP &lt;CAPB> SEES GAIN ON UNIT SALE

  Capitol Bancorp said it has sold its 80
  pct interest in CAP Mortgage Co Inc for 3.1 mln dlrs, adding
  this is expected to result in an after tax gain of about
  900,000 dlrs to be reported in the first quarter.
      Capitol Bancorp said the CAP Mortgage interest was sold to
  Michael M. Bronstein, president of CAP Mortgage, and Robert
  Fox, president of Fox Properties Inc. Bronstein already held
  the other 20 pct of CAP Mortgage's stock.
  

