C.A. Bancorp Inc. (TSX:BKP) Announces Appointment of RioCan CFO Robert Wolf to Board of Directors of C.A. Bancorp Canadian Realty Finance Corporation

TORONTO, ONTARIO--(Marketwire - Feb. 5, 2008) - C.A. Bancorp Inc. ("C.A. Bancorp") (TSX:BKP) is pleased to announce the appointment of Robert Wolf to the Board of Directors of C.A. Bancorp Canadian Realty Finance Corporation (the "Corporation") effective February 22, 2008.

Robert Wolf has worked in the real estate industry since 1989. He currently holds the position of Vice President and Chief Financial Officer of RioCan Real Estate Investment Trust ("RioCan") in which capacity he is focused on financial reporting, treasury, capital markets and investor relationships. He has held the position of Chief Financial Officer of RioCan since its creation in 1994, during which time it has grown from approximately $100 million of assets to its current enterprise value in excess of $7 billion.

On October 4, 2007, RioCan announced that Mr. Wolf had decided to resign from RioCan to pursue other interests. Mr. Wolf has agreed that his resignation will be effective in February 2008 after the release of RioCan's financial statements for the year ended December 31, 2007.

Prior to joining RioCan, Mr. Wolf held a variety of positions in both public accounting and private/public real estate companies. Mr. Wolf obtained his Chartered Accountancy designation in 1984 and holds a Masters of Business Administration degree from York University (1982) and a Bachelor of Commerce degree from McGill University (1981).

C.A. Bancorp Canadian Realty Finance Corporation

A final prospectus for a newly created mutual fund corporation, C.A. Bancorp Canadian Realty Finance Corporation, has been filed with, and a receipt issued therefor on January 31, 2008 by, the securities regulatory authorities in each of the provinces and territories of Canada.

The Corporation is offering and will issue preferred shares, Series 1 (the "Preferred Shares") to the public.

The Corporation has been created to obtain exposure to the investment performance of an actively managed portfolio of secured loans and mortgages in the Canadian commercial real estate sector on a tax efficient basis.

The Corporation's investment objectives with respect to the Preferred Shares are to:

i. provide preferred shareholders with fixed cumulative preferential quarterly cash distributions in the amount of $0.4219 per Preferred Share (except for the first distribution), representing a yield on the issue price of the Preferred Shares of 6.75% per annum; and

ii. return the original issue price of the Preferred Shares at the end of 10 years.

Distributions on Preferred Shares are expected to comprise of returns of capital or capital gains dividends.

The closing of the offering is expected to occur on or about February 22, 2008.

C.A. Bancorp Inc.
C.A. Bancorp Inc. is a publicly traded Canadian merchant bank and alternative asset manager that provides investors with access to a range of private equity and other alternative asset class investment opportunities. 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.

Certain statements included in this news release constitute forward-looking statements including those identified by the expressions, "will", "anticipate", "believe", "plan", "estimate", "expect", "intend" and similar expressions. The forward looking statements are not historical facts but represent C.A. Bancorp's or 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 the matters discussed in the "Risk Factors" and others sections of the final prospectus of the Corporation and including, the ability of the Corporation to meet its investment objectives and the ability of the Corporation to pay quarterly distributions. Due to the many risks and uncertainties, C.A. Bancorp cannot assure that the forward-looking statements contained in this news release will be realized. C.A. Bancorp undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

A final prospectus dated January 31, 2008 relating to these securities has been filed with the securities regulatory authority in each of the provinces and territories of Canada. Important information concerning this offering is contained in the prospectus. Obtain a copy from your financial advisor or on SEDAR at www.sedar.com and read the prospectus before investing.