TORONTO,
December 24, 2008 – Bank of Montreal (TSX, NYSE: BMO)
announced today that it has completed its previously announced offering
of 33,340,000 common shares for total gross proceeds of CDN $1,000,200,000.
The offering was underwritten on a bought deal basis by a syndicate
of underwriters.
The common shares issued are listed on the Toronto Stock Exchange and
the New York Stock Exchange.
The common shares have not
been, and will not be, registered under the U.S. Securities Act of
1933, as amended (the "U.S. Securities Act"),
and may not be offered, sold or delivered directly, or indirectly, in
the United States absent registration or an applicable exemption from
the registration requirements of the U.S. Securities Act. This news release
shall not constitute an offer to sell or a solicitation of an offer to
buy such common shares in the United States or in any other jurisdiction
where such offer is unlawful.
