News Releases

BMO Financial Group (TSX, NYSE: BMO) today announced that its 2006 annual report to shareholders, including audited annual financial statements and Management's Discussion and Analysis, is now available online by visiting www.bmo.com/annualreport2006.

BMO has filed this material with securities regulators and it also will be available on the Canadian Securities Administrators' web site at www.sedar.com, and on the EDGAR section of the U.S. Securities and Exchange Commission's web site at www.sec.gov.

Printed copies of BMO's 2006 Annual Report will be mailed to shareholders in January 2007 with the Proxy Circular and Notice of Annual Meeting of Shareholders.

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