Bank of Montreal Completes Issue of EUR$500 Million Floating Rate Deposit Notes Under its US$12 Billion Euro Medium Term Note Programme

On June 30, 2008, Bank of Montreal issued a second tranche of Floating Rate Deposit Notes due May 7, 2010, in the principal amount of EUR$500 million under its US$12 billion Euro Medium Term Note Programme. The Notes were admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange plc's Regulated Market. The Notes were offered by an underwriting syndicate joint-led by Bank of Montreal, London Branch and Société Générale and including Bayerische Hypo- und Vereinsbank Aktiengesellschaft and HSBC Bank plc.

The dealers were represented by Ogilvy Renault LLP, with a team including Susan Mann and Peter Noble and Barry Segal (tax). Bank of Montreal was represented internally by Vice President and Chief Counsel Paul V. Noble, and by Rick Fullerton and Julie Colden (tax) of Osler, Hoskin & Harcourt LLP.