Bank of Montreal Issues Notes

On July 7, 2003, Bank of Montreal issued US$1 billion floating rate deposit notes due June 30, 2008, pursuant to its US$5 billion Euro medium term note programme. Bank of Montreal, London Branch was the lead manager for the offering. The other members of the syndicate included BNP Paribas, Credit Suisse First Boston (Europe) Limited, Deutsche Bank AG London, Goldman Sachs International, HSBC Bank plc, Lehman Brothers International (Europe), Merrill Lynch International and Morgan Stanley & Co. International Limited.

Bank of Montreal was represented by in-house counsel Brian Philbrook, and by Robert Yalden, Rick Fullerton and Dean Gresdal (tax) of Osler, Hoskin & Harcourt LLP. The managers were represented by Ogilvy Renault, with a team that included Peter Noble and Susan Mann in London and Adrienne Oliver and Barry Segal (tax) in Toronto.