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    Harris Nesbitt Appoints Geoff Belsher Head of North American Mergers & Acquisitions Group

    Harris Nesbitt Appoints Geoff Belsher Head of North American Mergers & Acquisitions Group

    CHICAGO, August 5, 2004 – Harris Nesbitt, the U.S. investment and corporate banking arm of BMO Financial Group, announced today the appointment of Geoff Belsher as Executive Managing Director and Head of North American Mergers and Acquisitions. Based in Chicago, Mr. Belsher will also head the firm’s U.S. M&A practice and lead a team of nearly 20 professionals.

    “Geoff is a seasoned professional with over 20 years of mergers and acquisitions advisory experience,” said Bill Downe, Deputy Chair, BMO Financial Group and head of the firm’s investment banking group. “Geoff’s new position allows us to enhance our U.S. M&A advisory business as well as integrate our M&A product from a North American perspective. With Geoff on board, we have strengthened our team of senior professionals leading a full product offering,” he added.

    Mr. Downe pointed to a number of recent key hires by Harris Nesbitt, including Carlos Conde as Head of Equity Capital Markets; Robert Barnett and Steven Steinberg as Managing Directors of the recently expanded Commercial and Industrial Products Investment Banking Group and a team of High Yield professionals in New York.

    Since joining BMO’s Canadian M&A team in Toronto in 1997, Mr. Belsher has worked on numerous significant transactions and cross-border deals. In 1999, he was appointed co-head of Canadian M&A and assumed his current position as head of Canadian M&A in September, 2001. Prior to joining BMO, Mr. Belsher spent 15 years as a corporate securities lawyer with Blake Cassels & Graydon. He holds an LLB from Osgoode Hall Law School and a B.A. from the University of Toronto.

    About Harris Nesbitt
    Harris Nesbitt is an investment and corporate bank offering clients access to a full range of products and services including investment and corporate banking, treasury services, market risk management, institutional investing and research. Headquartered in Chicago, Harris Nesbitt is part of Harris, an integrated financial service organization providing more than 1.5 million personal, business, corporate and institutional clients with banking, lending, investing and financial management solutions. Harris is a member of BMO Financial Group (NYSE, TSX: BMO). For more information, please visit www.harrisnesbitt.com.

    Contacts:
    Amy Yuhn, Chicago, (312) 461-2478
    Kevin Windorf, New York, (212) 885-4111
    Kim Hanson, Toronto, (416) 867-3996

    Harris is a trademark used by various financial service providers in the BMO Financial Group, a marketing name used by Bank of Montreal. Banking products and services are provided by Harris N.A. and The Harris Bank N.A. Members FDIC. Insurance and annuities are offered through Harris Bancorp Insurance Services, Inc (HBIS). Securities are provided by Harris Nesbitt Corp (HNC), a registered broker dealer, member NYSE, FINRA and SIPC and Harrisdirect LLC, a registered broker dealer, member FINRA and SIPC. HBIS, HNC and Harrisdirect are wholly owned subsidiaries of Harris Financial Corp. Products offered by HBIS, HNC and Harrisdirectare Not Insured by the FDIC or any Federal Government Agency, Not a Deposit of or Guaranteed by Any Bank or Bank Affiliate, May Lose Value. The purchase of insurance or an annuity is not a condition on any bank loan or service. Financial planning and investment advisory services are provided by Sullivan, Bruyette, Speros & Blayney, Inc., an SEC registered investment advisor. Family office services are provided by Harris myCFO, Inc. Investment advisory services are also offered by Harris myCFO Investment Advisory Services LLC, an SEC registered investment advisor and a wholly-owned subsidiary of Harris myCFO, Inc. Not all products and services are offered in every state and/or location.




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