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BMO Capital Markets Expands Energy Group in Houston with New Hire

BMO is committed to the energy sector and continues to bolster its U.S. A&D capabilities

HOUSTON, TEXAS--(Marketwire - Aug. 11, 2011) - BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group (NYSE:BMO)(TSX:BMO), today announced the expansion of its Energy practice in Houston with the hiring of Matthew Brogdon, who joins BMO Capital Markets as a Director in the Acquisitions & Divestitures (A&D) team.

Mr. Brogdon brings more than a decade of transactional, investment evaluation and general oil and gas management experience from leading Houston energy companies and will report to Miles Redfield, Managing Director and Head of U.S. A&D Advisory.

"Matt brings a wealth of experience and his hiring caps an exciting first year for the A&D team, which executed $2 billion in U.S. deals and increased its Houston-based staff to 15," said Mr. Redfield. "Since its inception last year, A&D has become a cornerstone product for BMO's U.S. Energy Group, and the team provides valuable advice and solutions for our oil and gas clients."

Prior to joining BMO Capital Markets, Mr. Brogdon served as Co-President and CEO of a private exploration & production company, Vice President and Team Leader at Netherland Sewell & Associates, Inc. and Senior Reservoir Engineer at Exxon Mobil Production Company. Mr. Brogdon holds an MBA and a Bachelor of Science degree in Chemical Engineering from The University of Texas at Austin.

Over the past two years, BMO Capital Markets has hired more than 130 new employees in the U.S. who have joined the firm at a Director level or higher.

About BMO Capital Markets Global Energy Group

BMO Capital Markets has more than a century of experience working with the energy industry, offering a full range of investment and corporate banking services through offices in Houston, Calgary, Toronto, New York, London, Mumbai, Beijing and Melbourne. The Energy Group is experienced in all segments of the industry, including exploration and production, pipelines, oilfield services, income funds and trusts and master limited partnership.

About BMO Capital Markets

BMO Capital Markets is a leading, full-service North American financial services provider, with more than 2,000 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 part of BMO Financial Group (NYSE:BMO)(TSX:BMO), one of the largest diversified financial services providers in North America with US$437 billion total assets as of April 30, 2011, and more than 45,000 employees as of July 6, 2011.

For further information:
Media Contacts:
Beja Rodeck, Toronto
(416) 867-4924
beja.rodeck@bmo.com

Martha McInnis, Toronto
(416) 867-4914
martha.mcinnis@bmo.com

Website: http://www.bmocm.com
Twitter: http://twitter.com/bmocm