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TORONTO, ONTARIO--(Marketwire - July 19, 2010) - The board of directors (the "Board") of C.A. Bancorp Inc. (the "Company") (TSX:BKP) has reviewed and considered, with its advisors, the announcement by 1535633 Alberta Ltd., a wholly-owned subsidiary of Century Services LP (together, "Century") that it has varied its offer (the "Offer") for all of the issued and outstanding common shares (the "Shares") of the Company by increasing the offer price per Share from $1.50 to $1.71.

The Board will not make any recommendation to the shareholders of the Company as to whether shareholders should accept or reject the Offer as varied, or as to whether shareholders should maintain their interests in which event the Company would pursue the realization strategy outlined in its directors' circular dated June 3, 2010 (the "Directors' Circular").

The Board welcomes the increase in Century's Offer price, and continues to believe that shareholders are best served by having the opportunity to choose between two options: (i) acceptance of the 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 in an orderly process and the proceeds distributed to shareholders. Details concerning the proposed realization strategy, including information as to the carrying value per Share, and the timing, opportunities and risks relating to the realization strategy, are set out in the Directors' Circular which can be found at [ www.sedar.com ].

In addition to the increase in the Offer price, Century had previously announced on July 9, 2010 that it had extended the expiry date of the Offer from July 9, 2010 to Friday July 30, 2010, at 5:00 p.m. (Toronto time).

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.

This release includes certain forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "should", "plans" or "continue" or the negative thereof or variations thereon or similar terminology. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will provide to be correct. These forward-looking statements are subject to a number of risks and uncertainties. Actual results could differ materially from those anticipated in these forward-looking statements.

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