BMO Capital Markets Makes Key Hire in Leveraged Finance

    Senior Investment Banker Eric Luftig joins New York City Office

    NEW YORK, April 13 /CNW/ - BMO Capital Markets, the investment and
corporate banking arm of BMO Financial Group, announced today that it has
hired senior investment banker Eric Luftig as Managing Director in its
Leveraged Finance group. Mr. Luftig will be based in the firm's New York City
office and is responsible for debt and equity private placements.
    "Eric's experience in private placements, including 20 years of solid
deals, complements our team's overall mandate as we look to broaden our lead
role participation in the leveraged financing arena. We are very pleased to
have Eric join our team," said Jim Moglia, Executive Managing Director and
Co-Head of the BMO Capital Markets Leveraged Finance group.
    Mr. Luftig's investment banking experience over the last two decades
includes senior roles at GE Capital Markets and CIBC World Markets in the
field of private finance. He holds both an MBA and an undergraduate degree
from The Wharton School at the University of Pennsylvania.
    The Leveraged Finance group consolidates BMO's leveraged loan and high
yield bond expertise to ensure that clients are efficiently provided with
comprehensive market-relevant debt solutions. Working closely with our
Financial Sponsors and Debt Capital Markets teams, the Leveraged Finance group
has the depth and breadth of experience to originate both publicly and
privately offered debt securities for corporate and government issuers.

    About BMO Capital Markets

    BMO Capital Markets is a leading full-service North American financial
services provider, with over 2,400 employees operating in 14 North American
offices and 26 worldwide, offering corporate, institutional and government
clients access to a complete range of investment and corporate banking
products and services. BMO Capital Markets is a member of BMO Financial Group
(NYSE, TSX: BMO), one of the largest diversified financial services providers
in North America with US$361 billion total assets and 37,000 employees as at
January 31, 2009.

For further information:

For further information: Media Contacts: Orli Namian, Toronto,, (416) 867-3996; Kevin Windorf, New York,, (212) 885-4111

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