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Bank of Montreal Announces Increase to Preferred Share Issue

TORONTO, ONTARIO--(Marketwired - April 14, 2014) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Bank of Montreal (TSX:BMO)(NYSE:BMO) today announced that as a result of strong investor demand for its previously announced Basel III-compliant domestic public offering of $300 million of Non-Cumulative 5-year Rate Reset Class B Preferred Shares Series 27 (the "Preferred Shares Series 27"), the size of the offering has been increased to $500 million. As announced earlier today, the revised offering will be underwritten on a bought deal basis by a syndicate led by BMO Capital Markets.

 
For further information:
For News Media Enquiries:
Ralph Marranca, Toronto
(416) 867-3996
ralph.marranca@bmo.com

Ronald Monet, Montreal
(514) 877-1873
ronald.monet@bmo.com

For Investor Relations Enquiries:
Sharon Haward-Laird, Toronto
(416) 867-6656
sharon.hawardlaird@bmo.com

Andrew Chin, Toronto
(416) 867-7019
andrew.chin@bmo.com
Internet: www.bmo.com