BMO Bank of Montreal Changes Mortgage Rates

    TORONTO, Dec. 4 /CNW/ - BMO Bank of Montreal today announced it is
changing its variable mortgage rates effective December 5, 2007.

    The new rates are:

    Variable Rates:          To:       Change:

    3 year open            6.000%      -0.25%
    6 year Below Prime     5.625%      -0.25%
    5 year Protected       5.900%      -0.25%

    The ceiling on the Five-Year Protected Variable Rate mortgage is 7.39%.

For further information:

For further information: For Media Relations Enquiries: Katelyn Hunter,
Toronto,, (416) 867-3996; Lucie Gosselin, Montreal,, (514) 877-1101; Internet:

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