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      News Releases

      Bank of Montreal Announces Increase to Preferred Share Issue

      TORONTO, ONTARIO--(Marketwired - May 28, 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 domestic public offering of $250 million of Non-Cumulative 5-year Rate Reset Class B Preferred Shares Series 29, the size of the offering has been increased to $400 million. As announced earlier today, the 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