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    News Releases

    BMO Bank of Montreal Decreases Variable Mortgage Rate

    TORONTO, July 27, 2009 – BMO Bank of Montreal announced today it is decreasing its residential variable mortgage rate, effective July 28, 2009. See below.

    Variable rates:
    To:
    Change:
    5 year closed
    2.65%
    - 0.20%
    3 year open
    3.75%
      0.00%

    - 30 -

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