BMO to Take $490 Million Charge

RBC Capital Markets, 20 February 2008Bank of Montreal pre-announced a number of items that are expected to lower Q1/08 EPS by about 70 cents:� $60 million ($40 million after tax) general allowance increase to reflect portfolio growth and risk mitigation;� $175 million pre-tax of mark-to-market losses in trading and structured credit positions, preferred shares, third party Canadian conduits and