C.A. Bancorp Inc. to Sell AgriFinancial Canada Corp. to Western Financial Group Inc.

C.A. Bancorp Inc. (TSX:BKP) ("C.A. Bancorp") and Sentry Select Total Strategy
Fund (TSX:TSF.UN) ("Total Strategy") announced today that they have entered into
a share purchase agreement with Western Financial Group Inc. (TSX:WES) ("WFG")
pursuant to which WFG or an affiliate will acquire AgriFinancial Canada Corp.
("AgriFinancial"), a leading provider of financing solutions for the Canadian
agricultural sector (the "Transaction"). The Transaction remains subject to
certain conditions, including without limitation, receipt of consents and
regulatory approvals, discharge of AgriFinancial's existing credit facilities,
completion of certain transaction documents, review and satisfaction with prior
acquisition documents, and other customary closing conditions for a transaction
of this nature. It is expected that the Transaction will close during the fourth
quarter 2008.


It is currently anticipated that upon successful completion of the Transaction,
C.A. Bancorp and Total Strategy will receive consideration of approximately
$20.5 million with C.A. Bancorp receiving approximately $18.5 million of those
proceeds.


"We have worked closely with AgriFinancial's talented and dedicated management
team over the past year to grow and improve its business and to take advantage
of exciting new opportunities," said Mark Gardhouse, President of C.A. Bancorp.
"Western Financial Group is a natural buyer and partner for AgriFinancial and
will enable AgriFinancial to continue to provide industry leading financial
products and services and outstanding service across its entire customer base."


"This Transaction is indicative of the significant potential value accruing from
our private equity activities," added Mark MacDonald, Managing Director of
Private Investments at C.A. Bancorp. "Our portfolio of private investments has
been invested to potentially produce returns of 2x the invested capital. The
balance of the portfolio is also well positioned to be of significant value to
strategic buyers in the future."


AgriFinancial was formed in October 2007 by C.A. Bancorp and Total Strategy to
acquire the businesses of Agrifinance and AgriCard.


The Transaction will be effected through a sale of all of the issued and
outstanding shares of C.A. Bancorp Financial Corp. ("Financial Corp.").
Financial Corp. owns all of the issued and outstanding shares of AgriFinancial.
C.A. Bancorp and Total Strategy are the sole shareholders of Financial Corp.,
with C.A. Bancorp holding approximately 90% and Total Strategy holding
approximately 10% of its issued and outstanding shares.


Trading information

C.A. Bancorp Inc.'s common shares trade on the Toronto Stock Exchange under the
symbol BKP.


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.


AgriFinancial Canada Corp.

AgriFinancial Canada Corp., operating under the banners of Agrifinance and
AgriCard and headquartered in Winnipeg, is a leading independent provider of
financing solutions for the Canadian agricultural sector. Agrifinance provides
specialized equipment leasing and lending products created specifically for
farmers, and AgriCard is a credit card designed specifically for farm-related
purchases. For more information on Agrifinance and AgriCard visit
www.agrifinance.ca and www.agricard.ca.


This news release contains forward-looking statements with respect to the
proposed sale of C.A. Bancorp Financial Corp. including the businesses of
AgriFinancial Canada Corp., Agrifinance and AgriCard, and matters concerning the
business, operations, and strategy of C.A. Bancorp. These statements relate to
anticipated future events, results, circumstances, performance or expectations
that are not historical facts but instead represent C.A. Bancorp's beliefs
regarding future events. Often, but not always, forward-looking statements can
be identified by the use of forward-looking words such as "will", "expect",
"intend", "plan", "estimate", "anticipate", "believe" or "continue", similar
words or the negative thereof, or variations of such words and phrases that
certain actions, events or anticipated outcomes "may", "would" or "might" be
taken, occur or be achieved. There can be no assurance that the plans,
intentions or expectations upon which these forward-looking statements are based
will occur.


The completion of the sale and the future business, operations and performance
of C.A. Bancorp and AgriFinancial Canada Corp. discussed herein could differ
materially from those expressed or implied by such statements. Such
forward-looking statements are qualified in their entirety by the inherent risks
and uncertainties surrounding future expectations, including that the sale is
completed. Forward-looking statements are based on a number of assumptions which
may prove to be incorrect, including, but not limited to: the ability of C.A.
Bancorp to finalize the transaction documents with WFG or its affiliate
respecting the sale, WFG's satisfaction with its review of the transaction
documentation from the purchase of Agrifinance and AgriCard in October 2007,
C.A. Bancorp's ability to make successful arrangements with respect to the
existing credit facilities and to obtain requisite third party regulatory
approvals. Additional, important factors that could cause actual results to
differ materially from expectations include, among other things, general
economic and market factors, conditions affecting the agricultural and financial
services sectors, competition, changes in government regulation, interest rates,
tax related matters, and reliance on key personnel of AgriFinancial. C.A.
Bancorp cautions that risk factors discussed in applicable continuous disclosure
filings required by law that C.A. Bancorp has made and filed on SEDAR should
also be considered carefully and that undue reliance not be placed on
forward-looking statements as events and results could differ materially from
those expressed or implied by forward-looking statements made by C.A. Bancorp.
The cautionary statements qualify all forward-looking statements attributable to
C.A. Bancorp and persons acting on its behalf.


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




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