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Harris Nesbitt Hires Robert F. Barnett to Lead the Commercial and Industrial Products Group

Harris Nesbitt Hires Robert F. Barnett to Lead the Commercial and Industrial Products Group

CHICAGO, August 10, 2004 – Harris Nesbitt, the U.S. investment and corporate banking arm of BMO Financial Group, announced today it has hired Robert F. Barnett as Managing Director and Head of the recently expanded Commercial and Industrial Products Group. Based in Chicago, he will be responsible for developing and executing the group's national strategy targeting upper mid-market Public and Private companies.

"We are extremely excited to have Bob join Harris Nesbitt. His experience and capital markets knowledge are a perfect fit to lead our expanded Commercial and Industrial Products Group," said Thomas C. Wright, Executive Managing Director, Harris Nesbitt. "There is a tremendous market opportunity in the upper mid-market which complements our existing middle market business. It is a natural next step for our company."

Prior to joining Harris Nesbitt, Barnett led the Midwest Banking Team of Banc One Capital Markets, Inc., where he handled large corporate client relationships. He also brings extensive capital markets and relationship management experience from his time at Bank One and its predecessors, First Chicago and NBD.

"I believe Harris Nesbitt is a very unique group and has been very successful in its strategy. They have grown the business significantly over the past few years through a disciplined and focused approach," said Barnett. "They have a competitive advantage be cause they adopted a universal bank concept, offering companies an integrated entity of investment and corporate banking services, having a full suite of products and sector expertise."

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 - News News). For more information, please visit www.harrisnesbitt.com  and www.bmo.com.

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.