Toronto: C.A. Bancorp Inc. (the “Corporation”) announces that it intends to purchase up to 2,534,042 of the common shares of the Corporation (the “Shares”) for cancellation by way of a normal course issuer bid through the facilities of the Toronto Stock Exchange (the “TSX”). The 2,534,042 Shares represent approximately 10% of the public float of the Corporation. As of August 8, 2007, 29,084,170 Shares are issued and outstanding. The public float of 25,340,427 Shares has been calculated as the currently issued and outstanding Shares, excluding those Shares that are owned and controlled by the Corporation, the principal securityholders of the Corporation or the directors and senior officers of the Corporation, and excluding those Shares that are pooled, escrowed or non-transferable.

The purchases may commence on August 10, 2007, and will terminate on August 9, 2008, or on such earlier date as the Corporation may complete its purchase or provide notice of termination. Any such purchases will be made by the Corporation at the prevailing market price at the time of such purchases in accordance with the requirements of the TSX.

The Corporation will not make purchases of Shares at greater than net book value. Purchases of Shares at less than net book value per Share should have the effect of increasing the net book value per Share. All purchased Shares will be cancelled.

The Corporation will not purchase in any trading day more than 7,065 Shares, being the greater of (i) 25% of the average daily trading volume of the Shares or (ii) 1,000 Shares.

The Corporation has not purchased any of its Shares in the last 12 months prior to the date of this Notice.

To the knowledge of the Corporation, no director, senior officer or other insider of the Corporation intends, at present, to sell any Shares under this bid. However, sales by such persons through the facilities of the TSX or elsewhere may occur if the circumstances or decisions of any such person change. The benefits to any such person whose Shares are purchased would be the same as the benefits available to all other holders whose Shares are purchased.

Trading Information: C.A. Bancorp Inc. common shares trade on the TSX under the symbol BKP.

C.A. Bancorp Inc.: C.A. Bancorp Inc. is a publicly traded Canadian merchant bank and asset manager that provides investors with access to a range of private equity and alternative asset class investment opportunities, typically available only to institutional and high-net-worth investors. The Company is focused on investments in small- and middle-capitalization public and private companies, with emphasis on the industrials, real estate, infrastructure and financial services sectors.

More information: Mark Gardhouse, President or Paolo De Luca, Chief Financial Officer Tel: 1-866-388-5985 Fax: 416-861-8166 info@cabancorp.com

This news release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, the future performance of the Company, including the potential for purchases pursuant to the normal course issuer bid. These statements reflect the Company’s current expectations, but are subject to a number of risks and uncertainties. Due to the many risks and uncertainties, the Company cannot assure that the forward-looking statements contained in this news release will be realized.