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BMO Capital Markets Continues Expansion of Media, Communications and Technology Team with Hiring of Managing Director

BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group (NYSE, TSX: BMO), announced today that it has hired Scott R. Singer as a Managing Director in its Media, Communications and Technology Group. Singer will be based in New York and will focus on clients in the broadcasting, cable and digital media industries.

“Investment banking activity in our sector continues to flourish, and our team is expanding to meet this opportunity,” said Todd Freeland, Head of the Media, Communications & Technology Group. “Scott brings significant, multi-faceted experience across a number of media sectors, and we are confident that he will contribute to our growing platform.”

“Scott is the eighth senior banker we've hired in our Media, Communications and Technology Group in the last year,” noted Dominic Petito, Executive Managing Director and Co-Head, U.S. Investment & Corporate Banking. “This is further evidence of our commitment to solidifying BMO Capital Markets as one of the leading full-service providers of investment banking services to mid-cap and emerging growth companies in these industries.”

Singer has 18 years of media and communications industry experience. Prior to joining BMO Capital Markets, he was a Partner at Deloitte and leader of its U.S. Media & Entertainment practice, with a focus on corporate strategy, mergers and acquisitions, and corporate finance. Singer has also worked at Merrill Lynch and Bear Stearns, where he was head of the cable, interactive entertainment and digital media practices in the Media & Entertainment Group. He has advised on more than $35 billion of M&A transactions and has raised more than $75 billion of capital for his clients.

Singer received his MBA in Finance from New York University's Stern School of Business and his BSBA in Management from Bucknell University. He is currently a member of The Museum of Television & Radio's Board of Governors in Los Angeles.

About BMO Capital Markets' Media, Communications and Technology Group
BMO Capital Markets' Media, Communications and Technology Group has a dedicated team of 27 professionals offering clients a full array of financial products and services, including M&A advisory, public equity and debt underwriting, syndicated lending, and private placements. To learn more about BMO Capital Markets' Media, Communications and Technology Group, visit:
http://www.bmocm.com/industry/us/media/.

About BMO Capital Markets
BMO Capital Markets is a leading North American financial services provider offering investment and corporate banking, advisory services, treasury and market risk management, institutional investing, and research. BMO Capital Markets is a member of BMO Financial Group (NYSE, TSX: BMO), which has total assets of US$306 billion as at January 31, 2007, and more than 35,000 employees.

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