Company Press Release

BMO Global Asset Management Expands Securities Lending and Short Duration Fixed Income Groups

CHICAGO, ILLINOIS--(Sept. 26, 2013) - As part of its ongoing efforts to deliver outcome-oriented investment solutions to clients, BMO Global Asset Management today announced the expansion of its Securities Lending and Short Duration Fixed Income Groups with the addition of Christopher Keenan as Senior Securities Lender/Trader and Katherine DellaMaria as Portfolio Manager. Both are based in Chicago.

"Katherine and Christopher both bring an exceptional balance of industry experience and fresh innovation to the BMO family," said Barry McInerney, Co-CEO of BMO Global Asset Management. "They are welcome additions to an already strong team of world-class investment professionals."

With more than 10 years of industry experience, Keenan will be responsible for the control and coordination of the securities lending trading desk and trading/lending within client portfolios. His previous roles include Senior International Equities Trader, Fixed Income Trader and Senior Investment Risk Analyst at leading organizations, with a heavy focus on international portfolio management and strategies. He earned a Bachelor of Arts degree in Economics from Indiana University and his M.B.A. from Loyola University - Chicago.

DellaMaria will provide analytical and liquidity support for mutual funds and separately managed strategies. In her most recent role, DellaMaria was a Fixed Income Product Specialist for BMO Global Asset Management's long-term bond manager Taplin, Canida and Habacht. With over a decade of industry experience, she earned a Bachelor of Science degree in Mathematics from Notre Dame and her M.B.A. from Northwestern University with an analytical finance concentration. DellaMaria earned her CFA designation in 2010.

"Katherine and Christopher will play key roles in our ongoing efforts to provide our clients with customized strategies, enhanced portfolio returns and a great client experience," said Peter Arts, Managing Director, Head of Taxable Short Fixed Income, BMO Global Asset Management.

BMO's securities lending program strategically focuses on fully utilizing the lendable assets in the portfolios of each client for their benefit. This includes the use of intrinsic value and general collateral lending. As part of their highly disciplined process, the securities lending team seeks to carefully manage risk, particularly by actively mitigating exposure to both borrower default and collateral investment risks. For more information, please visit http://www.bmo.com/gamus.

About BMO Global Asset Management

BMO Global Asset Management is a global investment manager with more than $129 billion in assets under management, including discretionary and non-discretionary assets under management as of July 31, 2013. 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, Hong Kong, Melbourne and Sydney. 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, 2012.

We are a part of BMO Financial Group (NYSE:BMO), a fully diversified financial services organization with $549 billion total assets and more than 46,500 employees as of July 31, 2013.

Disclosures

BMO Securities Lending is a part of BMO Global Asset Management and represents the securities lending services provided by BMO Harris Bank N.A., offering products and services through various affiliates of BMO Financial Group.

BMO Global Asset Management is the brand name for various affiliated entities of BMO Financial Group that provide investment management, retirement plan services, and trust and custody. Certain of the products and services offered under the brand name BMO Global Asset Management are designed specifically for various categories of investors in a number of different countries and regions. Products and services are only offered to such investors in those countries and regions in accordance with applicable laws and regulations. BMO Financial Group is a service mark of Bank of Montreal (BMO).

Investment products are: Not FDIC Insured | No Bank Guarantee | May Lose Value

©2013 BMO Financial Corp.