C.A. Bancorp Inc.

C.A. Bancorp Inc.

January 11, 2011 08:00 ET

C.A. Bancorp Inc. Announces Director Resignation

TORONTO, ONTARIO--(Marketwire - Jan. 11, 2011) - C.A. Bancorp Inc. ("C.A. Bancorp" or the "Company") (TSX:BKP) announces that Eitan Milgram has tendered his resignation as a director of the Company effective January 10, 2011 to pursue other opportunities.

The Company's Board of Directors (the "Board") would like to thank Mr. Milgram for his time, service and the contribution he made during his tenure as a director. 

"Eitan has a wealth of experience in corporate reorganizations and divestitures. His counsel was of the utmost value to the Board in the execution of the Company's Realization Strategy" said John Driscoll, Chairman of the Board.

The Board is currently comprised of John F. Driscoll (Chair), Paul Haggis, Frank Potter and Timothy Unwin. Mr. Haggis will replace Mr. Milgram on the Company's Audit Committee.

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. The Company is currently implementing its Realization Strategy.

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.

The Exchange Tower
130 King Street West, Suite 2810
Toronto, Ontario M5X 1A4
Telephone: (416) 214-5985
Fax: (416) 861-8166

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