TORONTO,
            December 8, 2008 –  Four BMO Guardian Funds were recognized
            at the 14th annual Canadian Investment Awards ceremony held in Toronto
            on December 3. The Canadian Investment Awards recognize the best
            investment products in the Canadian financial services industry.
      The winning funds include:
      
        - BMO Guardian
            Global Technology Fund (formerly GGOF Global Technology Fund), managed
            by
              Walter Price of RCM, won top honours in the Science
            and Technology Equity Fund category;
 
        -  BMO Guardian Asian Growth and Income Fund (formerly GGOF Asian Growth
              and Income Fund), managed by Paul Matthews of Matthews International
              Capital Management LLC, won top honours in the Asian Equity Fund category;
 
        -  
          BMO Guardian Enterprise Fund (formerly GGOF Enterprise Fund), managed
                by Martin Ferguson of Mawer Investment Management Ltd., took silver in
                the Canadian Small/Mid Cap Equity Fund (> 50 per cent Canada) category;
                and
 
        -  BMO Guardian European Equity Fund (formerly GGOF European Equity Fund),
                  managed by Matt Beckendorf of Vontobel Asset Management Inc., took silver
                  in the European Equity Fund category.
 
      
      “We have a long history of providing Canadians with disciplined
        investment management that combines return potential with a focus on
        risk management,” said Ross Kappele, President, Guardian Group
        of Funds Ltd. “We select investment managers from around the globe
        that excel in their respective areas. Our goal is to bring top investment
        talent to Canadian investors and we are proud to receive the recognition
      of the Canadian Investment Awards as a validation of our efforts.”
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