News Releases

- BMO accounted for almost half of all Canadian ETF growth in 2011

- BMO ETFs also ranked #1 in customer loyalty

- Success attributed to products that responded to investor needs during volatile times

- Key drivers included income focused and low volatility ETFs

Key fiscal 2011 financial results and measures under IFRS, compared with amounts previously reported for fiscal 2011 under Canadian generally accepted accounting principles

- Reported net income of $3,114 million, compared with $3,266 million

- Adjusted net income(1) of $3,275 million, compared with $3,281 million

- Reported diluted EPS of $4.84, compared with $5.26

- Adjusted diluted EPS(1) of $5.10, compared with $5.29

- Reported ROE of 15.1%, compared with 15.3%

- Adjusted ROE(1) of 16.0%, compared with 15.3%