BMO Capital Trust

BMO Capital Trust operates as a closed-end trust. It intends to issue and sell a fourth series of transferable trust units called Trust Capital SecuritiesSeries D or BMO BOaTSSeries D. The trust would comprise undivided co-ownership interests insured by Canada Mortgage and Housing Corporation or GE Capital Mortgage Insurance Company (Canada)in a pool or pools of first mortgages on residential property situated in Canada, such as single family dwellings, semi-detached dwelling units, duplexes, townhouses, condominium units, or multiple-unit family dwellings originated by Bank of Montreal or its affiliates. BNY Trust Company of Canada acts as the trustee of BMO Capital Trust. BMO Capital Trust operates as a subsidiary of Bank of Montreal.