C.A. Bancorp Canadian Realty Finance Corporation (TSX:RF.PR.A)(TSX:RF.A) Announces New Appointments to Its Independent Review Committee

C.A. Bancorp Ltd., as Manager (the "Manager") of C.A. Bancorp Canadian Realty Finance Corporation (the "Corporation") (TSX:RF.PR.A)(TSX:RF.A) is pleased to announce that following the internalization of the sub-administration agreement between the Manager and Sentry Select Capital Corp. (the "Internalization"), the Manager will now perform directly the ongoing administration and investor relations support previously provided by Sentry Select.

Prior to the Internalization, the administration of the Corporation's three-member investment review committee ("IRC") had been performed by Sentry Select. In connection with the Internalization, the Manager reviewed its options for the composition of its IRC and determined that in severing its relationship with Sentry Select, it would be advisable to seek an alternate arrangement for its IRC as the incumbent IRC was comprised of the same members as the IRC's engaged by Sentry Select for its own investment funds.

The Manager requested and obtained the resignations of Michael Gourley (Chair), David Gavsie and Marie Rounding, the incumbent IRC, effective September 30, 2009 and appointed a new IRC effective October 6, 2009 comprised of Bruce Friesen (Chair), Don McCreesh and Michael E. Beswick. Independent Review Inc. will act as the secretariat for the new IRC.

The Manager was not seeking a new IRC because of any issues with the manner in which the previous IRC had carried out its responsibilities. The alternate arrangement was sought as this was consistent with the overall severance of the relationship with Sentry Select and determined to be more cost effective for a single manager, single fund context such as the one in which the Manager operates, compared to the cost of maintaining the existing IRC post-Internalization.

Independent Review Committee (IRC)

National Instrument 81-107 - Investment Review Committee for Investment Funds requires investment funds, including the Corporation to have an independent review committee to whom the Manager will refer conflict of interest matters.

C.A. Bancorp Canadian Realty Finance Corporation

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

C.A. Bancorp Inc.

C.A Bancorp Inc. is a significant shareholder of the Corporation and manages the Corporation through its wholly-owned subsidiary C.A. Bancorp Ltd.

C.A. Bancorp Inc. is a publicly traded Canadian merchant bank (TSX:BKP) 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.

Certain statements included in this news release constitute forward-looking statements including statements identified by the words "plan," "will" and "intend," and similar expressions or the negative thereof. The forward-looking statements are not historical facts but reflect the Corporation's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Readers are cautioned not to place undue reliance on forward-looking information.

C.A Bancorp Inc.
The Exchange Tower
130 King Street West
Suite 2810, P.O. Box 104
Toronto, Ontario M5X 1A4
Telephone: (416) 214-5985
Fax: (416) 861-8166

SOURCE: C.A. Bancorp Canadian Realty Finance Corporation

C.A Bancorp Inc.
Paolo De Luca
Chief Financial Officer
1-866-388-5985
416-861-8166 (FAX)
info@cabancorp.com
www.cabancorp.com

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