TORONTO: C.A. Bancorp Inc. has granted an aggregate of 7,655,000 incentive stock options (the “Options”) to certain of its directors, officers, employees and consultants. The Options shall vest in equal proportions on each of the following three dates: December 22, 2006, December 22, 2007 and December 22, 2008, and upon vesting each Option shall entitle the holder thereof to purchase one common share of C.A. Bancorp Inc. at a price of $0.31 until December 22, 2011.

C.A. Bancorp Inc.: C.A. Bancorp Inc., a Toronto-based merchant bank and alternative asset investment manager, is involved in transactions with both private and public companies across a range of industries, predominantly in Canada, with a specific focus on mid market investments in private equity, real estate, infrastructure and financial services. C.A. Bancorp conducts its business through two areas of focus: direct investing, and fund management for the institutional, high-net-worth and retail markets.

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