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 Luke Seabrook has been appointed Head, Financial Products and Debt Products. In this role, Mr. Seabrook will add responsibility for all of BMO's global fixed income and money market sales and trading activity to his existing Financial Products portfolio which encompasses the company's cross-asset derivatives trading and origination, structured products, structured finance and commodities businesses. Mr. Seabrook will continue to report to Pat Cronin, Global Head of Trading Products. He is a member of the BMO Capital Markets Executive Committee. Mr. Seabrook's appointment is effective March 31.

"Luke has an exceptional track record of delivering innovative products along with flawless execution to our clients," said Tom Milroy, CEO, BMO Capital Markets. "Luke's experience and ability to adapt to change quickly will help as we continue to offer successful debt products and financial products platforms to our clients."

Mr. Seabrook joined BMO Capital Markets in 2004 as Managing Director and Head of Equity Linked and Mutual Fund Linked Products. He was appointed Head of Financial Products in 2008.

"Adding Debt Products to Luke's responsibilities allows us to take advantage of operational synergies and cross-selling opportunities in the marketplace," said Mr. Cronin. "In today's operating environment, achieving these goals is more important than ever."

In recognition of the important role that the U.S. and, in particular, the U.S. Midwest play in BMO's debt products and financial products businesses, Mr. Seabrook will work out of both BMO's Chicago and Toronto offices.

Mr. Seabrook holds an HBA from the Ivey School of Business at the University of Western Ontario. He is on the Board of the Toronto Symphony Orchestra and a member of the United Way Toronto MIG Cabinet.

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.