Toronto: C.A. Bancorp Canadian Realty Finance Corporation (the “Corporation”) is pleased to announce a second quarter distribution of $0.4219 per preferred share. The distribution will be paid on July 15, 2008 to preferred shareholders of record on June 30, 2008.

The Corporation currently has 1,539,300 preferred shares outstanding.

C.A. Bancorp Canadian Realty Finance Corporation: The Corporation is a mutual fund corporation incorporated under the laws of the Province of Ontario. The Corporation was created to obtain exposure to the investment performance of an actively managed portfolio of secured loans and investments in the Canadian commercial real estate sector on a tax efficient basis.

C.A. Bancorp Inc.: C.A Bancorp Inc. is the sole shareholder of Class A shares of the Corporation and manages the Corporation through its wholly-owned subsidiary C.A. Bancorp Ltd.

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

Certain statements included in this news release constitute forward looking statements including statements identified by the words “plan”, “will” and “intend” and similar expressions or the negative thereof. The forward looking statements are not historical facts but reflect C.A. Bancorp and the Corporation’s current expectations regarding future results or events. These forward looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations including but not limited to the ability of the Corporation to pay the distribution on July 15, 2008.  Readers are cautioned not to place undue reliance on forward-looking information. C.A. Bancorp and the Corporation undertake no obligation to update publicly or otherwise revise any forward-looking statement or information except as required by law.