C.A. Bancorp Canadian Realty Finance Corporation
TSX : RF.PR.A
TSX : RF.A

April 18, 2011 09:35 ET

Institutional Shareholder Services Recommends C.A. Bancorp Canadian Realty Finance Corporation Shareholders Vote FOR Transaction between C.A. Bancorp Inc. and Green Tree Capital Management Corp.

TORONTO, ONTARIO--(Marketwire - April 18, 2011) - C.A. Bancorp Canadian Realty Finance Corporation ("CRFC" or the "Corporation") (TSX:RF.PR.A)(TSX:RF.A) is pleased to announce that Institutional Shareholder Services Inc. ("ISS") has recommended that its clients vote FOR the special resolution to approve the acquisition of all the issued and outstanding shares of C.A. Bancorp Ltd. (the "Manager") by Green Tree Capital Management Corp. (the "Transaction") to be considered by shareholders of CRFC at a special meeting of shareholders scheduled for April 25, 2011.

Paul Haggis, CRFC's Interim Chief Executive Officer, said "We are pleased to receive the independent third-party recommendation from ISS that endorses our view that CFRC shareholders should vote FOR the Transaction. We strongly urge shareholders to vote their proxies FOR the Transaction."

ISS is a leading independent international corporate governance analysis and proxy voting firm. Its recommendations assist institutional shareholders in making decisions regarding proxy voting decisions.

Directors' Recommendation

Directors of CFRC have carefully considered the proposed Transaction and have unanimously recommended that CFRC's shareholders vote FOR the Transaction.

The Corporation

The Corporation is a mutual fund corporation incorporated under the laws of the Province of Ontario. It was created to obtain exposure to the investment performance of an actively managed portfolio of mortgages and secured loans in the Canadian commercial real estate sector on a tax-efficient basis.

C.A. Bancorp Inc.

C.A Bancorp Inc. (TSX: BKP) owns approximately 32% of the Class A Shares of the Corporation and manages the Corporation through its wholly-owned subsidiary C.A. Bancorp Ltd.

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. 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 Corporation and the manager believe that the expectations reflected in such forward-looking statements are reasonable, they can give no assurance that such expectations will prove to be correct. These forward- looking statements are subject to a number of risks and uncertainties including the ability of the Corporation to obtain regulatory and shareholder approvals and the satisfaction of other conditions to the Transaction and the timing of such approvals and waiver of conditions. Actual results could differ materially from those anticipated in these forward-looking statements. Reference should be made to the risk factors published in the Corporation's most recent annual information form and management report on fund performance, both of which are available at www.sedar.com.

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