BMO Bank of Montreal Decreases Mortgage Rates

TORONTO, April 21, 2009 – BMO Bank of Montreal today announced it is decreasing its variable mortgage rates, effective April 22, 2009.

The new rates are:

Variable Rates:	To:	Change:
3 year open	3.75%	-0.25%
5 year closed	3.05%	-0.25%
Homeowner ReadiLine® 5-year variable rate closed term	3.05%	-0.25%

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