EARLY WARNING REPORT PURSUANT TO NATIONAL INSTRUMENT 62-10

Calgary: John Driscoll advises that he directly or indirectly acquired ownership of and/or control or direction of 3,974,380 shares of C.A. Bancorp Inc. (formerly Masthead Resources Ltd. (“C.A. Bancorp”) (TSXV:BKP) in connection with the recently completed qualifying transactions.  Each unit consists of one common share and one common share purchase warrant.  Each whole common share purchase warrant will entitle the holder to purchase one common share at a price of $0.35 per common share until January 26, 2007. This increased Mr. Driscoll’s direct or indirect ownership and/or control or direction in the company to 5,874,379, or 51.4% of the outstanding common shares of C.A. Bancorp.

The increase in holdings was pursuant to the qualifying transaction between C.A. Bancorp and Sentry Select Focused Wealth Management Fund, and the concurrent transaction between C.A. Bancorp and C.A. Bancorp Ltd. (a private company). Mr. Driscoll may, from time to time, as market opportunities exist or develop, increase or decrease his beneficial ownership of, or control and direction over, C.A. Bancorp’s common shares as permitted by securities laws.