BMO Bank of Montreal Lowers CDN$ Prime Lending Rate to 4.75 Per Cent

TORONTO, April 22, 2008 – BMO Bank of Montreal today announced that it is decreasing its CDN$ prime lending rate from 5.25 per cent to 4.75 per cent, effective April 23, 2008.

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Media Relations Contacts:

Paul Gammal, Toronto, paul.gammal@bmo.com, (416) 867-3996
Lucie Gosselin, Montreal, lucie.gosselin@bmo.com, (514) 877-1101
Laurie Grant, Vancouver, laurie.grant@bmo.com, (604) 665-7596