C.A. Bancorp Inc. (TSX: BKP) to Invest in Windward Telecom Limited, a Caribbean

Windward has positioned itself as a low-cost wholesale providerof telecommunications services utilizing dedicated highcapacity fiber optic cable, providing customers with highvolume voice and data services to and from the Republicof Trinidad and Tobago. It will market its services to telephonecompanies, independent internet service providers, and othercompanies with high bandwidth requirements.

Under the Windward banner, in partnership with Windward'sPresident, Douglas Cunningham, C.A. Bancorp intends to explorefuture investment opportunities in the Caribbean telecommunicationsmarket.

Windward Telecom Limited

Windward Telecom Limited provides international telecommunicationsservices to and from the Republic of Trinidad and Tobago.Using a combination of existing and newly-constructed telecommunicationsfiber optic networks which will land in Trinidad, Windwardintends to provide its customers with high quality service,lower pricing, and fast deployment of emerging technologies.Windward was founded by industry expert Douglas Cunningham,who has over 34 years of industry experience and was a co-founderof Antilles Crossing Ltd., a 939 km fiber optic link betweenSt. Croix and Barbados. For more information on Windwardvisit .

C.A. Bancorp Inc.

C.A. Bancorp Inc. is a publicly traded Canadian merchantbank and alternative asset manager that provides investorswith access to a range of private equity and other alternativeasset class investment opportunities. C.A. Bancorp is focusedon investments in small- and middle-capitalization publicand private companies, with emphasis on the industrials,real estate, infrastructure and financial services sectors.

This news release contains forward-looking statements withrespect to the proposed investment in Windward, and mattersconcerning the business, operations, and strategy of C.A.Bancorp and Windward. These statements relate to anticipatedfuture events, results, circumstances, performance or expectationsthat are not historical facts but instead represent C.A.Bancorp's beliefs regarding future events. There can beno assurance that the plans, intentions or expectationsupon which these forward-looking statements are based willoccur.

Often, but not always, forward-looking statements can beidentified by the use of forward-looking words such as "will","expect", "intend", "plan", "estimate", "anticipate", "believe"or "continue", similar words or the negative thereof. Suchforward-looking statements are qualified in their entiretyby the inherent risks and uncertainties surrounding futureexpectations, including that the investment is completed.Additional, important factors that could cause actual resultsto differ materially from expectations include, among otherthings, general economic and market factors, conditionsaffecting the telecommunications sector, geographical andcountry risk, competition, changes in government regulation,inability to obtain any required regulatory licenses, approvalsor financing, interest rates and tax related matters. C.A.Bancorp cautions that undue reliance should not be placedon forward-looking statements as events and results coulddiffer materially from those expressed or implied by forward-lookingstatements made by C.A. Bancorp.

Unless otherwise stated, all forward looking statementsspeak only as of the date of this news release. C.A. Bancorpdoes not undertake, and specifically disclaims, any intentionor obligation to update or revise any forward-looking statements,whether as a result of new information, future events orotherwise, unless required by applicable law.

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