TORONTO, ONTARIO--(Marketwire - May 8, 2012) - C.A. Bancorp Inc. ("C.A. Bancorp" or the "Company") (TSX:BKP) announced today that the Company has completed a transaction pursuant to which C.A. Bancorp has sold its interest in Xplornet Communications Inc. ("Xplornet") to other shareholders of Xplornet (the "Transaction"). The Company received cash proceeds of approximately $0.9 million or $0.07 per C.A. Bancorp common share. The Transaction is in furtherance of the Company's Realization Strategy.

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 has historically focused on investments in small- and middle-capitalization public and private companies, with emphasis on the industrials, real estate, infrastructure and financial services sectors. The Company is currently executing its Realization Strategy.

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