TORONTO,
            October 31, 2008 –  BMO Bank of Montreal today opened
            the doors to a new 3,400 square foot branch at 419 Eglinton Avenue
            West in Toronto. 
      “We aim to make money make sense for our customers, which means
        providing clear, consistent financial advice that will be relevant in
        today's economic times,” said Farah Hasham, Branch Manager. “In
        addition to our branch's team of dedicated professionals, we have
        a resident Nesbitt Burns advisor and financial planner available for
        every hour that we are open. As well, our extended hours and large private
        offices provide customers a comfortable environment to have their financial
        service needs met.” 
      The branch is readily equipped to meet the demands of this growing city. 
      “Toronto represents the heart of the Canadian economy, home to
        the financial centre and a diverse range of Fortune 500 businesses,” said
        Robert Kavcic, Economic Analyst for BMO Nesbitt Burns. “The city's
        population has expanded at a steady 2.3% annual rate over the past decade,
        boosting construction activity and lifting home values by more than 5%
        per year.”
      Farah's team of 13 employees
      include:
      
        - BMO Bank of Montreal
        Financial Planner
 
        -  
        BMO Nesbitt Burns� Investment Advisor
 
        -  Customer Service Representatives 
 
        -  Financial Services Managers
 
        -  Wealth Management and Investment Professionals 
 
      
      The branch offers longer hours and will operate from:
      Monday to Wednesday	9:00 a.m. to 6:00 p.m. 
        Thursday & Friday	9:00 a.m. to 8:00 p.m.
        Saturday	9:00 a.m. to 4:00 p.m. 
      The branch is also equipped with two Instabank machines for your everyday
        financial transactions.
        
“
          Plus if you're one of the millions of AIR MILES collectors in
          Canada, we have another reason for you to bank with BMO,” said
          Lesly Tayles, Personal Banking Area Manager, BMO Bank of Montreal. “No
          other bank can help you collect faster and redeem more quickly because
          we are the only major financial institution that rewards debit and
          credit card purchases, including online purchases, with access to a
          comprehensive choice of more than 800 reward and travel options.” she
          said. 
      In April, BMO Bank
          of Montreal enhanced its Mosaik Gold AIR MILES Reward Option, providing
          cardholders an exclusive 20 per cent
                discount on
            all AIR MILES flight redemptions worldwide.
      The branch will hold a grand opening ceremony on Saturday, November
      8, 2008.
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