TORONTO: On June 22, 2006, C.A. Bancorp Inc. granted an aggregate of 780,000 (not 990,000 as previously reported) incentive stock options (the “Options”) to certain of its directors, officers and employees. The Options shall vest in equal proportions on each of the following three dates: June 22, 2006, June 22, 2007 and June 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 $0.33 until June 22, 2011.

C.A. Bancorp: C.A. Bancorp Inc., a Toronto-based merchant bank, is involved in a range of transactions with both private and public companies across a broad range of industries in Canada. The majority of C.A. Bancorp’s endeavours falls under four corporate areas: Financial Service Companies, Structured Investment Products for the institutional, high-net-worth and retail markets, General Investments and Management Contracts. Investment opportunities are at the core of many of the activities, and transactions based on investments focus on the Canadian mid-market sector. Typically, C.A. Bancorp makes investments in companies with enterprise values ranging from $25 million to $200 million. The company trades on the TSX Venture Exchange, under the symbol BKP.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.