BMO Financial Group Receives Award of Excellence for

BMO Financial Group Receives Award of Excellence for Corporate
Reporting in Financial Services 
- Effective use of design, layout, and web techniques  
- Report presents a compelling shareholder proposition  
- Governance information is complete and concise 
TORONTO, ONTARIO -- (Marketwire) -- 11/22/12 --  
Editors Note: There are four photos associated with this press
BMO Financial Group was, once again, recognized for excellence in its
financial reporting by the Canadian Institute of Chartered
Accountants (CICA). Last evening, CICA announced the rankings in its
annual review of financial reporting, assessing TSX listed companies
across multiple industry sectors for excellence in financial
reporting, corporate governance disclosure, electronic disclosure and
sustainable development reporting. 
BMO was ranked best among its financial institution peers for
Corporate Reporting in Financial Services.  
Judges commended BMO for presenting a compelling shareholder
proposition in an annual report that focuses on strategy and the
bank's ability to deliver on its targets.  
According to the judges, "The use of effective design, layout,
appropriate web techniques, captioned graphs and charts all make the
Management's Discussion and Analysis (MD&A) section accessible and
interesting. BMO outlines the factors affecting future results, which
demonstrates the number and complexity of factors to be managed. This
prepares the reader for a future discussion on risk. The scorecard
information both in print and online shows performance to target in a
user-friendly manner, using four clearly quantified mid-term
financial targets."  
Judges also gave BMO high marks for providing a "wealth of
information" online through an interactive annual report that is easy
to navigate and user friendly and they praised BMO's governance
information for being "complete and concise" with a clear
presentation of information pertaining to the Board of Directors and
Management Committee.  
Tom Flynn, Chief Financial Officer, BMO Financial Group, stated,
"This award is a testament to the dedication and expertise of the
professionals in BMO's Finance, Investor Relations, Legal and
Corporate Communications units who work so hard to make complex
financial information easy for our 
shareholders and stakeholders to
understand - qualities that align directly with the BMO brand. On
behalf of our Board, our Management Committee and our shareholders I
want to thank each and every one of them for a job well done." 
BMO's 2011 annual report featured an innovative pop-art design - and
a rather unique approach; the bank split its production run equally
among four separate but related cover designs. "Our aim was to convey
that as the world around us grows more complex, it can seem like
there are more questions than answers but that it's also possible to
make sense of things," said Mr. Flynn. "We created four distinct
graphics to carry that message." 
Photos of the bank's unique cover designs are available at the
following links:  
About BMO Financial Group  
Established in 1817 as Bank of Montreal, BMO Financial Group is a
highly diversified North American financial services organization.
With total assets of $542 billion as at July 31, 2012, and more than
46,000 employees, BMO Financial Group provides a broad range of
retail banking, wealth management and investment banking products and
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For News Media Enquiries:
Ralph Marranca, Toronto
(416) 867-3996 
Valerie Doucet, Montreal
(514) 877-8224 
Laurie Grant, Vancouver
(604) 665-7596 
Internet :
Twitter: @BMOmedia
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