FOR IMMEDIATE RELEASE

Miami, FL — June 1, 2007 — CP Capital Group, an integrated financial services company serving individuals and institutions worldwide, today announced plans to move its corporate offices as well as its related companies to a new location in Miami, Florida.

The firm recently initiated due diligence activities concerning its plans to move its operations closer to the Coral Way branch of Security Bank, N.A.—a Florida-based bank acquired in January 2007 through CP Capital Bancorp and financed through a $30,000,000 private placement by CP Capital Securities.

The plan to maintain close proximity to Security Bank comes as no surprise, given the election of Harold L. Connell—president and CEO of CP Capital Group—as chairman and CEO of CP Capital Bancorp and Security Bank following the bank’s acquisition earlier this year.

While office renovations are still in progress, it is expected that the move will take place in October 2007.