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BMO Capital Markets Expands Business Services Group with Key Hire

BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group (NYSE, TSX: BMO) announced today it has hired Adele Morrissette as Managing Director in the firm's Business Services Group.

With more than 15 years of investment banking experience, Ms. Morrissette's mandate is to expand the team with additional coverage of the marketing services industry. She will be based in New York and report to Susan Wolford, Managing Director and Head of the Business Services Group.

“Marketing services is an important and growing sector that is also benefiting from increased online marketing spending. Adele is a knowledgeable partner who can help our clients take advantage of emerging opportunities,” said Ms. Wolford. “Adele is joining an experienced team who delivers to our clients specialized industry expertise and the capital strength of a leading North American full-service financial institution.”

Most recently, Ms. Morrissette was a Managing Partner of North Haven Partners, a boutique investment banking firm she founded and which specializes in Internet marketing and technology-enabled business services. Previously, Ms. Morrissette was a Partner and Managing Director at Cowen & Company, where she focused on the media and digital media industries. Ms. Morrissette also worked in Mergers and Acquisitions at Bankers Trust Company and in the investment banking group at L.F. Rothschild, Unterberg, Towbin.

Ms. Morrissette has an MBA from the Tuck School at Dartmouth College where she has been a member of the Dean's MBA Advisory Board. She graduated with a BA from Wellesley College with Honors as a Wellesley Scholar and is a member of the college's Business Leadership Council.

About BMO Capital Markets' Business Services Group
BMO Capital Markets' Business Services Group totals more than 20 professionals who are highly experienced in providing capital raising, M&A advisory services and strategic financial services to this growing segment of the market. The group focuses on four sub-sectors: Marketing Services, Education & Training, Human Capital Management, and Business Process Outsourcing. The group maintains an active dialogue with a wide array of business services companies and also works closely with financial sponsors interested in opportunities within each sub-sector covered. For more information, visit: www.bmocm.com/industry/us/busservices/default.aspx

About BMO Capital Markets
BMO Capital Markets is a leading full-service North American financial services provider, with over 2,000 employees operating in 14 North American offices and 26 worldwide, offering corporate, institutional and government clients access to a complete range of investment and corporate banking products and services. BMO Capital Markets is a member of BMO Financial Group (NYSE, TSX: BMO), one of the largest diversified financial services providers in North America with more than US$329 billion in total assets and 35,000 employees as of April 30, 2007. For more information, visit www.bmocm.com.

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