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    Harris Nesbitt Hires Equity Research Analyst to Healthcare Team

    Harris Nesbitt Hires Equity Research Analyst to Healthcare Team

    NEW YORK, May 1, 2006 – Harris Nesbitt, the U.S. investment and corporate banking arm of BMO Financial Group (NYSE, TSX: BMO), today announced the hiring of Robert Hazlett to its Equity Research team as a managing director and senior research analyst covering Large Capitalization and Specialty Pharmaceuticals for its Healthcare Team. Hazlett will be based in the firm's New York office.

    "We are committed to expanding our research coverage into areas of market relevance and significant opportunity for our clients," said Jack Blackstock, head, U.S. Equ ities for Harris Nesbitt. "Therefore, we are very pleased to have Bert join our team and we are looking forward to his valuable experience and industry knowledge further strengthening our research capabilities."

    Hazlett joins Harris Nesbitt from SunTrust Robinson Humphrey where he was a managing director and senior research analyst covering Large Capitalization and Specialty Pharmaceuticals. Previously Hazlett was a pharmaceuticals analyst at both Robertson Stephens and Lehman Brothers, where he began his research career as an associate. Prior to his research career, Hazlett held positions in financial services including fixed income portfolio management at Bank of New York and U.S. Trust.

    Hazlett earned a Master of Business Administration with a concentration in Finance from Columbia University's School of Business and a Bachelor of Arts in Economics from Yale University.

    Harris Nesbitt Equity Research covers more than 330 companies in sectors that include Business Services, Capital Goods, Consumer & Leisure, Energy & Power, Financial Institutions, Food, Healthcare, Media & Entertainment, Real Estate Investment Trusts and Technology & Telecommunications.

    Harris Nesbitt is the investment and corporate banking arm of BMO Financial Group (NYSE, TSX: BMO), 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. For more information, please visit www.harrisnesbitt.com.

    Contacts:
    Chris Nardella, Chicago, (31 2) 461-6625
    Kevin Windorf, New York (212) 885-4111

    HarrisTM is a trade name used by various financial service subsidiaries of Harris Financial Corp. Banking products and services are provided by Harris N.A., The Harris Bank N.A. and their bank affiliates. 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. HBIS and HNC are wholly-owned subsidiaries of Harris Financial Corp. Products offered by HBIS and HNC are Not Insured by the FDIC or any Government Agency, Not a Deposit of or Guaranteed by any Bank- 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 and Blaney, 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 Service 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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