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      News Releases

      BMO Asset Management Announces Approval of Changes to Investment Objectives of Certain BMO ETFs

      TORONTO, ONTARIO--(Marketwire - Sept. 14, 2012) - BMO Asset Management Inc. (BMO Asset Management) announced today that changes to the investment objectives of certain BMO Exchange Traded Funds (BMO ETFs) were approved at a special meeting of unitholders, such that they will seek to replicate the performance of new indices as follows:

      BMO ETF Ticker New Index New Name
      BMO Dow Jones
      Canada Titans 60
      Index ETF
      ZCN S&P/TSX Capped Composite Index BMO S&P/TSX Capped
      Composite Index ETF
      BMO US Equity
      Hedged to CAD Index
      ETF
      ZUE S&P 500 Hedged to Canadian Dollars Index BMO S&P 500 Hedged to
      CAD Index ETF
      BMO Global
      Infrastructure Index
      ETF
      ZGI Dow Jones Brookfield Global Infrastructure North American Listed Index N/A
      BMO China Equity
      Hedged to CAD Index
      ETF
      ZCH BNY Mellon China Select ADR Index BMO China Equity Index
      ETF
      BMO India Equity
      Hedged to CAD Index
      ETF
      ZID BNY Mellon India Select DR Index BMO India Equity Index
      ETF

      The changes to the investment objectives of ZCN, ZUE and ZGI will be effective on or about September 21, 2012, and the changes to the investment objectives of ZCH and ZID will be effective on or about September 28, 2012.

      The BMO ETFs are managed and administered by BMO Asset Management, a portfolio manager, investment fund manager and a separate legal entity from Bank of Montreal. Further information about BMO ETFs can be found at www.bmo.com/etfs.

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

      "S&P®", "S&P 500®" and "S&P/TSX Capped Composite™" are trademarks of Standard & Poor's Financial Services LLC; "TSX" is a trademark of TSX, Inc.; "Dow Jones®", "Brookfield" and "Dow Jones Brookfield Global Select Infrastructure North American Listed Index" are trademarks and/or service marks of Dow Jones Trademark Holdings LLC and/or Brookfield Asset Management Inc., as the case may be; and "BNY Mellon" is a service mark of The Bank of New York Mellon. These and other associated trademarks and/or service marks have been licensed for use by BMO Asset Management. None of the BMO ETFs are sponsored, endorsed, sold or promoted by any of the aforementioned trademark owners and the related index providers (including S&P Dow Jones Indices LLC), or their respective affiliates or their third party licensors, and these entities make no representation, warranty or condition regarding the advisability of buying, selling or holding units in the BMO ETFs.

      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 $542 billion as at July 31, 2012, and more than 46,000 employees, BMO Financial Group provides a broad range of retail banking, wealth management and investment banking products and solutions.

      For further information:
      Media Contacts:
      Rachael McKay, Toronto
      (416) 867-3996
      rachael.mckay@bmo.com

      Valerie Doucet, Montreal
      514-877-8224
      valerie.doucet@bmo.com

      Laurie Grant, Vancouver
      604-665-7596
      laurie.grant@bmo.com
      Internet: www.bmo.com
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