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BMO Bank of Montreal Appoints New Vice-Presidents for Nova Scotia and New Brunswick & PEI Districts

BMO Bank of Montreal today continued to sharpen its focus on customer service and growing its business in Atlantic Canada with the appointments of Carolyn Booth as Vice-President for New Brunswick & PEI District and Michael E. Bonner as Vice-President for Nova Scotia.

Ms. Booth will be responsible for 350 professionals who serve customers through BMO's network of 34 branches in New Brunswick & PEI. Mr. Bonner will oversee the bank's operations in Nova Scotia where BMO operates 30 branches and has more than 500 employees.

Ms. Booth holds an MBA in Financial Services from Dalhousie University and has more than fifteen years experience with BMO Bank of Montreal. Prior to this appointment, she was Personal Banking Area Manager, Saint John.

Mr. Bonner has more than fifteen years experience in the financial services industry and will complete an MBA in Financial Services at Dalhousie University later this month. Based in Calgary, Mr. Bonner was Senior Manager, Real Estate Finance, Prairies Division, at BMO Bank of Montreal prior to his appointment.

“Throughout their careers with BMO, Ms. Booth and Mr. Bonner have demonstrated a strong commitment to customer service while leading their teams to superior performance,” said Steve Murphy, Senior Vice-President, Atlantic Provinces Division, BMO Bank of Montreal. These new executive colleagues and our leadership group will focus on ensuring that our employees offer our customers a superior banking experience and personalized financial solutions during each branch visit or conversation.”

BMO Bank of Montreal is committed to earning new business and building lasting relationships with a highly efficient and focused sales staff, outstanding customer service and new products and special offerings, such as its recent AIR MILES initiative whereby collectors can receive miles on all their debit card purchases regardless of where they shop and without restrictions. BMO is also focused on small business lending, and has been very successful at growing market share in Atlantic Canada, from 17.5% in 1999 to 24.9% in 2006. “We're committed to becoming the number one small business lender in the region,” added Mr. Murphy.

BMO is an active corporate citizen, with more than $3 million in total community investment in Atlantic Canada through announced donations and sponsorships in 2006.

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