Press Release

DBRS Discontinues Redeemed BMO Capital Trust BOaTS – Series B

Banking Organizations
January 27, 2011

DBRS has today discontinued the rating on the Trust Capital Securities (BMO BOaTS) – Series B issued by BMO Capital Trust (an affiliate of Bank of Montreal) as the securities have been redeemed.

Notes:
The principal methodologies applicable are the Global Methodology for Rating Banks and Banking Organisations, Rating Bank Preferred Shares and Equivalent Hybrids and Enhanced Methodology for Bank Ratings – Intrinsic and Support Assessments, which can be found on www.dbrs.com under Methodologies.

The sources of information used for this rating include company documents. DBRS considers the information available to it for the purposes of providing this rating was of satisfactory quality.

For additional information on this rating, please refer Banks and Banking Organisations Linking Document at http://www.dbrs.com/research/236983.

Initial Rating Date: March 13, 2001
Most Recent Rating Update: December 17, 2010

Brenda Lum, CA, CFA
Lead Analyst
Managing Director Canadian Financial Institutions
416-597-7569
blum@dbrs.com

Robert Long, CFA
Secondary Analyst
Senior Vice President
+1 416 595 7536
rlong@dbrs.com

Brenda Lum, CA, CFA
Rating Committee Chair
Managing Director Canadian Financial Institutions
416-597-7569
blum@dbrs.com

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.