C.A. Bancorp Inc.

C.A. Bancorp Inc.

July 04, 2011 18:58 ET

C.A. Bancorp Announces Results of Annual and Special Meeting

TORONTO, ONTARIO--(Marketwire - July 4, 2011) - C.A. Bancorp Inc. ("C.A. Bancorp" or the "Company") (TSX:BKP) announced today the results of the Company's annual and special meeting held on June 29, 2011 (the "Meeting").

The Company's incumbent directors were re-elected and Deloitte & Touche LLP was re-appointed to serve as the Company's auditors.

The special resolution to authorize a reduction of stated capital, which was intended to facilitate distributions of capital to shareholders as part of the Company's previous disclosed Realization Strategy, did not receive the support of two-thirds of the shares voted at the Meeting as required. In view of the special resolution not passing, the Company is working to develop alternatives to achieve and deliver value to the Company and its shareholders.

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 as described in its publicly filed continuous disclosure documents.

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. Without limiting the generality of the foregoing, there is no assurance that the Company will develop or implement any strategies that increase the value of the Company and/or the value that may be distributed to shareholders, or as to the timing or amount of any distributions of capital to shareholders. Reference should be made to the risk factors published in the Company's most recent management discussion and analysis and, with respect to the realization strategy, its directors circular, both of which are available at www.sedar.com.

C.A. Bancorp Inc.
401 Bay Street, Suite 1600
Toronto, Ontario
M5H 2Y4
Telephone: (416) 214-5985
Fax: (416) 364-2398

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