News Releases

• How will the housing market affect the recovery?
• Will consumers lead the economy towards a viable recovery?
• Can the Fed successfully guide us to growth and low inflation?
• What might the future hold for Build America Bonds (BABs)?

CHICAGO, April 14, 2010 - Members of the media are invited to join a conference call and webcast with Justin Hoogendoorn, Managing Director for BMO Capital Markets' U.S. Fixed Income Group, and Dimitri Delis, Ph.D, Director for BMO Capital Markets' U.S. Fixed Income Group, to discuss their quarterly perspective on fixed income.

During the conference call, Mr. Delis will address:

• Outlook for the U.S. economy
• The housing market and its impact on consumer spending
• Debt, deleveraging and inflation
• Future monetary policy actions

Mr. Hoogendoorn will discuss fixed income sector performances and analyze what markets could look like through the November elections and beyond. In the search for relative value, he will also address:

• Relative Q1 2010 fixed income performances
• The future of BABs
• Strategic positioning and relative value opportunities in mortgages, agencies, and municipal bonds

"From the first anniversary of Build America Bonds (BABs) to the brand new health care initiative to first quarter market performances, the post-crisis world focuses on firsts. The Fed understands this infant world is stable, yet incredibly fragile, and will do whatever it takes to successfully navigate into 2011," said Mr. Hoogendoorn.

Media Conference Call Details:

What:

BMO Capital Markets will host a conference call exclusively for members of the media to provide a quarterly perspective on U.S. fixed income. A webcast will also be available.

Q&A to follow the discussion.

Who:

Justin Hoogendoorn, CFA, Managing Director, Fixed Income, BMO Capital Markets

Dimitri Delis, Ph.D, Director, Fixed Income, BMO Capital Markets

When:

Thursday, April 15, 2010

10:00 a.m. - 11:00 a.m. (CDT)

Media interested in participating in the conference call or viewing the webcast are required to register by contacting BMO's media relations department. Please see below for contact details.

After registering, a confirmation email will provide the conference call and webcast details. A webcast recording will also be available to registrants who are unable to attend the call.

About BMO Capital Markets' U.S. Fixed Income Group

BMO Capital Markets' Fixed Income Group is a full service broker/dealer specializing in debt securities, including municipal bonds, U.S. Treasury debt, agencies, and mortgage-backed securities. We specialize in services, strategies and products specifically targeted to financial institutions, investment managers, issuers, and high-net-worth individuals.

The Sales, Trading and Underwriting departments focus providing a variety of products, investment strategies and related services specifically selected and designed to meet the needs of financial institutions, other professional portfolio managers and individual investors.

About BMO Capital Markets

BMO Capital Markets is a leading, full-service North American financial services provider, with over 2,200 employees operating in 15 North American offices and 28 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$373 billion total assets and more than 36,000 employees as at January 31, 2010.