C.A. Bancorp Inc. Announces Mailing of Circulars

TORONTO, ONTARIO (June 4, 2010): C.A. Bancorp Inc. (“C.A. Bancorp” or the “Company”) (TSX: BKP) today announced that TORONTO both the take-over bid circular of Century (the “Century Circular”) and the directors’ circular of the Company (the “Directors’ Circular”) relating to the previously announced offer by a wholly-owned subsidiary of Century Services LP to acquire all of the outstanding common shares of the Company (the “Century Offer”) have been mailed to C.A. Bancorp shareholders and are available at www.sedar.com.

The Directors’ Circular contains no recommendation of the Company’s board of directors (the “Board”) as to whether shareholders should accept or reject the Century Offer. The Board has unanimously determined that it is in the best interests of the Company for the shareholders to have the opportunity to choose between two options, specifically (i) acceptance of the Century Offer or (ii) maintenance of their interests in the Company with the Board’s commitment to implement a realization strategy under which the Company’s assets would be monetized and the proceeds distributed to shareholders. The reasons for the Board’s determination are set out in the Directors’ Circular.

C.A. Bancorp shareholders who choose to tender their shares to the Century Offer will receive $1.50 per share. The Century Offer will be open for acceptance until 5:00 p.m. (Toronto time) on July 9, 2010, unless it is otherwise extended or withdrawn. The Century Offer will be subject to certain terms and conditions, including acceptance by holders of not less than 662⁄3% of the outstanding C.A. Bancorp shares calculated on a fully-diluted basis. Other terms and conditions of the Century Offer are set out in the Century Circular.

John F. Driscoll, the Chairman of the Company and holder of approximately 13% of the outstanding shares, has agreed to tender those shares to the Century Offer.

About 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.

For Further Information
Please Contact:
C.A. Bancorp Inc.
Paul Haggis
Interim Chief Executive Officer
1-866-388-5985
416-861-8166 (FAX)
info@cabancorp.com
www.cabancorp.com