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BMO Investments announces proposed merger of mutual fund

BMO Investments has announced a proposed mutual fund merger of BMO US Equity Class with BMO Global Dividend Class, to be effective on or about May 9, 2008.

As a result of this merger, shareholders of BMO US Equity Class will have the potential to achieve portfolio diversification by investing in a fund with broader investment objectives.

The investment objective of BMO Global Dividend Class is to achieve a high level of total return, including dividend income and capital gains, by investing primarily in dividend-yielding common and preferred shares of corporations from around the world. The proposed fund merger is subject to shareholder and regulatory approval.