Company Press Release

BMO Global Asset Management Appoints Managing Director ?to Lead Fixed Income Team in U.S.

MILWAUKEE – April 30, 2013 – BMO Global Asset Management has named John Boritzke, CFA, Managing Director as Head of Fixed Income. In his expanded role, Boritzke will provide guidance to the entire fixed income team and will continue to contribute to the organization through his investment expertise, thought leadership and commitment to service excellence.

In addition to serving as Head of Fixed Income, Boritzke will continue as Co-Manager of the BMO Intermediate Tax-Free Strategy, which includes responsibility for separately managed accounts and the BMO Intermediate Tax-Free Fund (MITFX, MIITX). This Fund was recognized by the Wall Street Journal in their annual Category King rankings as being among the top ten out of nearly 400 funds in the Intermediate Bond category in terms of total return for 2012. Boritzke brings more than 30 years of investment experience to his new position and will continue to be based in Milwaukee.

“Announcing John’s promotion is a recognition of the important role he plays among our talented bond fund managers and of the value he adds to both BMO’s investment team and to helping our clients achieve their financial goals,” said Craig Rawlins, Chief Investment Officer, BMO Asset Management U.S. “With John’s leadership, we expect to continue providing our clients with world-class investment solutions.”

Boritzke has been with the firm since 1983 and his past experience includes duties as manager of the BMO Prime Money Market Fund and the BMO Government Money Market Fund. He holds a BS and an MBA from Marquette University. In addition, John is a Chartered Financial Analyst charterholder and is an active member of the CFA Society of Milwaukee.

Rawlins added that BMO is continually seeking to offer opportunities to talented and driven investment professionals, both inside and outside the firm.

For more information, visit HYPERLINK "http://www.bmo.com/gamus" \o "http://www.bmo.com/gamus"http://www.bmo.com/gamus.

About BMO Global Asset Management

?BMO Global Asset Management is a global investment manager with more than $125 billion in assets under management as of January 31, 2013, including discretionary and non-discretionary assets under management.

??Our two multi-disciplined teams are based in Toronto and Chicago/Milwaukee, and our network of world-class boutique managers is strategically located across the globe. They include Monegy, Inc., Pyrford International Ltd., Lloyd George Management and Taplin, Canida & Habacht, LLC. BMO Global Asset Management delivers service excellence from offices throughout North America, and in London, Abu Dhabi, Mumbai, Beijing, Shanghai and Hong Kong. Our approach has led us to be recognized by Pension & Investments as one of the world’s largest 100 asset managers based on combined assets under management as of December 31, 2011.