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BMO Harris Private Banking Rated Best Private Bank in Canada By Global Peers for Second Straight Year  

For the second year in a row, Euromoney Magazine, the premier European business magazine for the international financial community, has selected BMO Harris Private Banking as the best private bank in Canada.

Euromoney solicited the opinions of 1,000 international private banks on the quality and quantity of services offered by both local niche companies and global firms. The top ranked firms are those that peers recognized as providing the most services at the highest level, with the greatest degree of success.

"Being acknowledged by our international peers as the top private bank in Canada for a second consecutive year is a tremendous honour for BMO Harris Private Banking," said Terry Jenkins, Senior Vice-President and Executive Managing Director, BMO Harris Private Banking. "This recognition also reaffirms the strength of our integrated wealth management business model and strategy."

BMO Harris Private Banking serves the needs of high net worth clients and their families and helps them deal with a wide range of complex financial issues, providing comprehensive wealth management expertise. The bank's team of professionals is comprised of leading specialists in a variety of disciplines including banking, investment management, estate, trust and various family office services such as philanthropic and business succession planning.

BMO Harris Private Banking is modeled on the private banking business of Harris Bank, BMO Financial Group's Chicago-based U.S. subsidiary, which has been managing money for affluent clients for over 100 years. Harris Private Bank was ranked the seventh best private bank out of 35 firms in the U.S. by Euromoney this year.

This is the second year Euromoney has produced this survey, which was published in the January 2005 issue.

BMO Harris Private Banking is part of BMO Financial Group's Private Client Group. The Private Client Group provides integrated wealth management services in Canada and the United States and has total assets under management and administration and term investments of $271 billion at October 31, 2004.

About Euromoney Magazine
Euromoney is one of the most authoritative sources of detailed yet concise information on the trends and developments in international banking and the capital markets. It is distributed around the world with a strong readership in the US, Canada, United Kingdom and Asia. Euromoney.com's users include commercial and investment banks, institutional investors, hedge funds, governments, corporations, consultancy firms, lawyers and stock and derivatives exchanges. More than 160,000 people read Euromoney Magazine every month and over 250,000 people are registered users of Euromoney.com.

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