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BMO Bank of Montreal Increases CDN$ Prime Lending Rate to 2.50 Per Cent

TORONTO, June 1, 2010- BMO Bank of Montreal today announced that it is increasing its CDN$ prime lending rate from 2.25 per cent to 2.50 per cent, effective June 2, 2010.

For further information:

Contacts:

Martha McInnis, Toronto, martha.mcinnis@bmo.com, 416.867.3996

Sarah Bensadoun, Montreal, sarah.bensadoun@bmo.com, 514.877.8224