News Releases

TORONTO, ONTARIO--(Marketwire - Feb. 29, 2012) - BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group (NYSE:BMO)(TSX:BMO), today announced that Darryl White has been appointed Head of Global Investment & Corporate Banking (I&CB). In this role, Mr. White will be responsible for all of BMO's I&CB activities with corporate and government clients worldwide, encompassing equity and debt underwriting, corporate lending and project financing, and merger and acquisitions advisory services. Mr. White will report to Tom Milroy, CEO, BMO Capital Markets, and join the firm's Operating and Executive Committees. Mr. White's appointment is effective March 31^st.

"Darryl has a diverse and solid track record for delivering results. He possesses strong business acumen and a deep understanding not only of the business - but also, our customers," said Bill Downe, President & CEO, BMO Financial Group. "He is recognized by colleagues and clients alike for his commitment to excellence."

Mr. White joined BMO Capital Markets in 1994 and served in various practices in Toronto including the M&A, Diversified Industries and Communications & Technology Groups, prior to being appointed Head of I&CB Montreal in 2006. He also served as co-head of the firm's Media & Communications practice. In 2010, Mr. White was appointed Deputy Head, Investment & Corporate Banking Canada and Global Head, Equity Capital Markets.

"Darryl's broad experience across many of our industry, regional and product groups, as well as his exceptional client relationship management skills, are tremendous assets," said Mr. Milroy. "As confidence returns to the markets, Darryl and the rest of our team are well positioned to help our clients take advantage of arising opportunities."

Mr. White currently serves on the Boards of Directors of St. Mary's Hospital Foundation and the Montreal Canadiens. He is a past recipient of Canada's "Top 40 Under 40" Award and a graduate of the University of Western Ontario's Ivey Business School.

About BMO Capital Markets

BMO Capital Markets is a leading, full-service North American financial services provider, offering a complete range of investment and corporate banking products and services to corporate, institutional and government clients. The firm has 2,300 employees operating in 30 offices worldwide, including 17 in North America. BMO Capital Markets is part of BMO Financial Group (NYSE:BMO)(TSX:BMO), one of the largest diversified financial services providers in North America with C$538 billion total assets and more than 47,000 employees as at January 31, 2012.

Internet Address: www.bmo.com