Toronto: C.A. Bancorp Inc.’s (“C.A. Bancorp” or the “Company”) common shares trade on the TSX Venture Exchange under the ticker symbol “BKP”.  Its common share purchase warrants trade on the Exchange under the symbol “BKP.WT”.  Each warrant permits holders to purchase one common share of the Company at a price of $0.35 (the exercise price) until January 26, 2007 at 4:30 p.m. (local time in Calgary, Alberta and Toronto, Ontario).

Any warrant holder wishing to exercise its right to subscribe for common shares must surrender to Computershare Trust Company of Canada, 530 – 8th Avenue SW Suite 600, T2P 3S8 in the City of Calgary, Alberta or Computershare Trust Company of Canada, 100 University Avenue, M5J 2Y1, in the City of Toronto, Ontario prior to 4:30 p.m. local time in those cities:

1. A warrant certificate evidencing the warrants being exercised, with the exercise form on the reverse side thereof duly completed and executed by the holder or a duly authorized representative of such holder, if applicable; and

2. A certified cheque, bank draft or money order, in lawful money of Canada, payable to or to the order of the Computershare Trust Company of Canada in an amount equal to $0.35 multiplied by the number of common shares subscribed for by the holder

The Company recommends that warrant holders who are considering exercising their warrants determine what actions they need to take as soon as possible to avoid missing the deadline.  This will in some, but not all, cases involve contacting the brokerage firm where the warrant holder maintains a brokerage account holding the holder’s warrant certificates.

The warrants trade under normal settlement rules prior to January 23, 2007. Thereafter the warrants will only trade on a cash basis.

The TSX Venture Exchange will cease trading of the warrants at 12:00 noon (Toronto time), on January 26, 2007.

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.

Sentry Select Capital Corp.: C.A. Bancorp Inc. is an affiliate of Sentry Select Capital Corp., a wealth management company providing investment, administrative and marketing services to 35 exchange-listed closed-end funds and corporations (including preferred securities and debentures), 22 principal-protected notes, 16 mutual funds and four flow-through limited partnerships. As of December 31, 2006, the firm had over $8.0 billion in gross assets under management.

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