News Releases

Re-building credit expected to be dominant theme at the event

CHICAGO, July 29, 2010 – BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group (NYSE, TSX: BMO), will hold its annual Fixed Income Perspectives Conference on Friday, August 6 at the Four Seasons Hotel in Chicago.

The conference will be hosted by Justin Hoogendoorn, Managing Director, U.S. Fixed Income and Dimitri Delis, Director, U.S. Fixed Income, BMO Capital Markets. Together, they will address the impact of the geo-political environment and provide an outlook for the fixed income market, both from a macro and strategy perspective.

"We're dealing with a difficult credit environment, and as the economy continues to recover, re-building credit has become the focal point," said Mr. Hoogendoorn. "This event will provide investors and issuers with targeted insights to help make informed investment decisions."

Additional highlights include a Municipal Credit Panel discussion featuring Moody's, Standard & Poor's and key investment analysts. They will address the challenges and credit opportunities in the municipal sector. In addition, an Electric Utilities Panel will discuss some of the critical issues facing the electric utility industry. The panel will include large power bond issuers and a Fitch public power analyst. This panel will also explore how market developments will impact power supply, competitive positioning, and bond security.

Municipal Credit Panel:

• Richard Ciccarone, McDonnell Investment Management LLC
• Edward Damutz, Moody's Investors Service
• Walter Knorr, University of Illinois
• Robin Prunty, Standard and Poor's Ratings Services

Electric Utilities Panel:

• Elizabeth Higgins, Oglethorpe Power Corporation
• Chris Jumper, Fitch's Global Power Group
• Robert Trippe, American Municipal Power

All of the presentations, with the exception of the keynote address, will be webcast live and archived at http://www.bmocm.com/conferences/perspectives2010/.

An agenda* with presentation times for the conference is also available on the website.

*Agenda subject to change

Media Attendance
Members of the media interested in attending the event or viewing the webcast are asked to call (416) 867-3996.

About BMO Capital Markets U.S. Fixed Income Group
The 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. The team specializes in services, strategies and products specifically targeted to financial institutions, investment managers, issuers, and high-net-worth individuals.

The Fixed Income Sales, Trading and Underwriting departments focus on 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 more than 2,200 employees operating in 15 North American offices and 27 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$384 billion total assets and 37,000 employees as at April 30, 2010.