BMONT Split Corp. Announces Redemption Prices for Capital Shares and Preferred Shares

TORONTO, July 31 /CNW/ - BMONT Split Corp. announced today that the redemption prices for all outstanding Capital Shares and Preferred Shares to be paid on August 5, 2009 are as follows:

Redemption Price per Preferred Share: $27.45

Redemption Price per Capital Share: $12.6596

The Preferred Shares and Capital Shares were issued on August 5, 2004 for $27.45 and $15.27, respectively.

Holders of 168,318 Capital Shares requested delivery of and will receive their pro rata share of Bank of Montreal common shares in payment for their Capital Shares.

BMONT Split Corp. is a mutual fund corporation created to hold a portfolio of common shares of Bank of Montreal. Capital Shares and Preferred Shares of BMONT Split Corp. are listed for trading on The Toronto Stock Exchange under the symbols BMT and BMT.PR.A respectively.

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