C.A. Bancorp Canadian Realty Finance Corporation (TSX: RF.PR.A) Announces Third-Quarter Distribution for Preferred Shares

TORONTO, ONTARIO -- (MARKET WIRE) -- 09/16/08 -- C.A. Bancorp Inc. (TSX: BKP) and C.A. Bancorp Canadian Realty Finance Corporation (TSX: RF.PR.A) -

C.A. Bancorp Canadian Realty Finance Corporation (the "Corporation") is pleased to announce its third-quarter distribution of $0.4219 per preferred share. The distribution will be paid on October 15, 2008 to preferred shareholders of record on September 30, 2008.

The Corporation currently has 1,533,600 preferred shares outstanding.

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

C.A. Bancorp Inc.
C.A. Bancorp 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. C.A. Bancorp 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.

C.A Bancorp Inc. is a significant shareholder of CRFC and manages CRFC through its wholly-owned subsidiary C.A. Bancorp Ltd.

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, the Manager'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 and our based on a number of assumptions that could cause actual results or events to differ materially from current expectations, including the matters discussed in the "Risk Factors" and other sections of the final prospectus of the Corporation dated August 27, 2008 (and the documents incorporated by reference therein) and including without limitation, interest rate fluctuations, the availability of investments, competition, levels of return earned on the underlying portfolio of investments, change in financial position of the Corporation or C.A. Bancorp, reliance on key personnel, ability of the Corporation to meet its investment objectives, the ability of the Corporation to pay quarterly distributions, utilization of the NCIB, leverage ratios, and the ability of C.A. Bancorp to subscribe for or obtain subscriptions for Class A Shares of the Corporation. 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. This Offering was made only by prospectus. A final prospectus dated August 27, 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 the 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.