News Releases

TORONTO, ONTARIO--(Marketwire - May 18, 2011) - BMO Financial Group announced today the May 2011 cash distributions for the 20 BMO Exchange Traded Funds (ETFs)* which pay monthly distributions. Unitholders of record at close of business on May 30, 2011 will receive cash distributions payable on June 7, 2011.

Details of the per unit distribution amounts are as follows:

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

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

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

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.

S&P ® is a registered trademark of Standard & Poor's Financial Services LLC ("S&P") and TSX is a trademark of Toronto Stock Exchange ("TSX"). 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 S&P or TSX, and S&P and TSX make no representation, warranty or condition regarding the advisability of buying, selling or holding units in the BMO ETFs.