News Releases

BMO Financial Group Announces Monthly Cash Distributions for BMO Exchange Traded Funds

TORONTO, ONTARIO--(Marketwire - Oct. 19, 2011) - BMO Financial Group today announced the October 2011 cash distributions for the 20 BMO Exchange Traded Funds (ETFs)* which pay monthly distributions.

Unitholders of record at close of business on October 28, 2011 will receive cash distributions payable on November 7, 2011.

Details of the per unit distribution amounts are as follows:
BMO ETFs:	Ticker	Cash Distribution per Unit ($)
BMO Short Federal Bond Index ETF	ZFS	0.033
BMO Mid Federal Bond Index ETF	ZFM	0.042
BMO Long Federal Bond Index ETF	ZFL	0.051
BMO Short Provincial Bond Index ETF	ZPS	0.050
BMO Short Corporate Bond Index ETF	ZCS	0.050
BMO Mid Corporate Bond Index ETF	ZCM	0.061
BMO Long Corporate Bond Index ETF	ZLC	0.069
BMO Aggregate Bond Index ETF	ZAG	0.047
BMO Real Return Bond Index ETF	ZRR	0.030
BMO High Yield US Corporate Bond Hedged to CAD Index ETF	ZHY	0.101
BMO Emerging Markets Bond Hedged to CAD Index ETF	ZEF	0.075
BMO 2013 Corporate Bond Target Maturity ETF	ZXA	0.042
BMO 2015 Corporate Bond Target Maturity ETF	ZXB	0.055
BMO 2020 Corporate Bond Target Maturity ETF	ZXC	0.062
BMO 2025 Corporate Bond Target Maturity ETF	ZXD	0.065
BMO S&P/TSX Equal Weight Banks Index ETF	ZEB	0.051
BMO Equal Weight Utilities Index ETF	ZUT	0.069
BMO Equal Weight REITs Index ETF	ZRE	0.084
BMO Monthly Income ETF	ZMI	0.065
BMO Covered Call Canadian Banks ETF	ZWB	0.101

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 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. 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 $477 billion as at July 31, 2011, and more than 47,000 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.

For further information:

Media Contacts:
Amanda Robinson, Toronto
(416) 867-3996
amanda.robinson@bmo.com

Sarah Bensadoun, Montreal
(514) 877-8224
sarah.bensadoun@bmo.com