C.A. Bancorp Inc. (TSX-V: BKP) Invests in Global Alternative Investments Inc. (TSX-V: GLI.P) and Universal Infrastructure Corp. (TSX-V: UIC.P)

TORONTO:C.A. Bancorp Inc. is pleased to announce investments in two capital pool companies: Global Alternative Investments Inc. and Universal Infrastructure Corp. (CPCs).

C.A. Bancorp believes that CPCs offer alternative platforms to finance certain investments such as real estate and infrastructure that require significant equity funding and which may not be attractive to larger traditional private equity funds. By investing in both companies at the founder level, C.A. Bancorp will have the opportunity to generate capital gains on its investment. It is intended that after the CPCs acquire their initial assets or business, C.A. Bancorp will enter into management agreements with the CPCs to provide management and administrative services.

Universal Infrastructure Corp.: Universal Infrastructure Corp. (“Universal”) has been established by C.A. Bancorp as an investment vehicle to focus on investments in infrastructure businesses, including power generation, transportation systems, railroad and shipping assets and various communication, toll road and utility-based companies. It is anticipated that C.A. Bancorp will enter into a management agreement with Universal upon completion of its qualifying transaction. C.A. Bancorp owns 95,000 common shares of Universal, representing a 27.1% ownership.

Global Alternative Incentives Inc.: Global Alternative Investments Inc. (‘‘Global’’) has been established by C.A. Bancorp as an investment vehicle to raise equity capital to make alternative investments in various offshore asset classes. It is anticipated that C.A. Bancorp will enter into a management agreement with Global upon completion of its qualifying transaction. C.A. Bancorp owns 95,000 common shares of Global, representing a 27.1% ownership.

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.

Sentry Select Capital Corp.: Sentry Select Capital Corp. provides management and administrative services to C.A. Bancorp. Sentry Select is a Canadian wealth management company who manages approximately $8 billion in gross assets as of March 31, 2007. The company offers a diverse range of investment products including closed-end trusts, mutual funds, principal-protected notes and flow-through limited partnerships, covering a variety of domestic and global mandates. With 35 reporting issuers, Sentry Select is the leading manager of entities listed on the Toronto Stock Exchange.

Special note regarding forward-looking statements: This news release contains or refers to certain forward-looking statements relating, but not limited, to the Company’s expectations, intentions, plans and beliefs with respect to the Company’s business strategy and estimated realizable values, yields and returns on the Company’s investments and the possible consequences of the consolidation. Forward-looking statements can often be identified by forward-looking words such as “believe”, “plan”, “estimate”, “pursue”, “may” and “will” or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward looking statements are not historical facts but reflect the Company’s current expectations regarding future results or events. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. For example, the Company may have difficulty in effecting its business plan and strategy due to various reasons, including, without limitation, matters concerning the business, operations and performance of the issuers in which the Company invests, and estimated realized values and/or returns on the Company’s investments generally will depend upon the Company’s ability to liquidate its positions in such investments at estimated and/or expected levels and prices. Readers are cautioned not to place undue reliance on forward-looking information. By its nature, forward-looking information involves numerous assumptions, inherent risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and various future events will not occur. The cautionary statements qualify all forward-looking statements attributable to the Company and persons acting on its behalf and speak only as at the date of this news release. The Company 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.