BMO Capital Markets Makes Key Hire in Leveraged FinanceSenior Investment Banker Eric Luftig joins New York City Office
NEW YORK,       April 13, 2009 – BMO Capital Markets, the investment and       corporate banking arm of BMO Financial Group, announced today that it has       hired senior investment banker Eric Luftig as Managing Director in its       Leveraged Finance group. Mr. Luftig will be based in the firm's New       York City office and is responsible for debt and equity private placements.
“Eric's experience in private placements, including 20 years         of solid deals, complements our team's overall mandate as we look         to broaden our lead role participation in the leveraged financing arena.         We are very pleased to have Eric join our team,“ said Jim Moglia,         Executive Managing Director and Co-Head of the BMO Capital Markets Leveraged         Finance group.
Mr. Luftig's investment           banking experience over the last two decades includes senior roles           at GE Capital Markets and CIBC World Markets in         the field of private finance. He holds both an MBA and an undergraduate         degree from The Wharton School at the University of Pennsylvania.
The Leveraged Finance group           consolidates BMO's leveraged loan         and high yield bond expertise to ensure that clients are efficiently         provided with comprehensive market-relevant debt solutions. Working closely         with our Financial Sponsors and Debt Capital Markets teams, the Leveraged         Finance group has the depth and breadth of experience to originate both         publicly and privately offered debt securities for corporate and government         issuers.
About BMO Capital Markets
BMO Capital Markets           is a leading full-service North American financial services provider,           with over 2,400 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       US$361 billion total assets and 37,000 employees as at January 31, 2009.
- 30 -