News Releases

TORONTO, ONTARIO--(Marketwire - May 11, 2011) - BMO Financial Group today announced that, because of regulatory uncertainty surrounding the definition of "market index", it will be changing the prospectus disclosure for the following BMO Exchange Traded Funds (BMO ETFs)*, which will no longer be referred to as index participation units:

• BMO Energy Commodities Index ETF
• BMO Agriculture Commodities Index ETF
• BMO Base Metals Commodities Index ETF
• BMO Precious Metals Commodities Index ETF
• BMO S&P/TSX Equal Weight Banks Index ETF

Further information about BMO ETFs can be found at www.bmo.com/etfs.

* BMO ETFs are managed and administered by BMO Asset Management Inc., a portfolio manager and a separate legal entity from the Bank of Montreal.

Commissions, management fees and expenses all may be associated with investments in exchange traded funds. Please read the prospectus before investing. Exchange traded funds are not guaranteed, their values change frequently and past performance may not be repeated.

"S&P" is a registered trademark of Standard & Poor's Financial Services LLC and "TSX" is a trademark of Toronto Stock Exchange. These trademarks have been licensed for use by Bank of Montreal. BMO S&P/TSX Equal Weight Banks Index ETF is not sponsored, endorsed, sold or promoted by Standard & Poor's Financial Services LLC or Toronto Stock Exchange, and these entities make no representation, warranty or condition regarding the advisability of buying, selling or holding units in the BMO ETFs.

About BMO Financial Group

Established in 1817 as Bank of Montreal, BMO Financial Group is a highly-diversified North American financial services organization. With total assets of $413 billion as at January 31, 2011, and more than 38,000 employees, BMO Financial Group provides a broad range of retail banking, wealth management and investment banking products and solutions.