BMO Financial Group today announced the July 2012 cash distributions for the 23
BMO Exchange Traded Funds (ETFs)(i) which pay monthly distributions. Unitholders
of record at close of business on July 30, 2012 will receive cash distributions
payable on August 8, 2012. 


Details of the per unit distribution amounts are as follows:



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                                                                        Cash
                                                                Distribution
                                                                    per Unit
BMO ETFs:                                               Ticker           ($)
----------------------------------------------------------------------------
BMO Short Federal Bond Index ETF                           ZFS         0.030
----------------------------------------------------------------------------
BMO Mid Federal Bond Index ETF                             ZFM         0.041
----------------------------------------------------------------------------
BMO Long Federal Bond Index ETF                            ZFL         0.050
----------------------------------------------------------------------------
BMO Short Provincial Bond Index ETF                        ZPS         0.046
----------------------------------------------------------------------------
BMO Short Corporate Bond Index ETF                         ZCS         0.046
----------------------------------------------------------------------------
BMO Mid Corporate Bond Index ETF                           ZCM         0.060
----------------------------------------------------------------------------
BMO Long Corporate Bond Index ETF                          ZLC         0.067
----------------------------------------------------------------------------
BMO Aggregate Bond Index ETF                               ZAG         0.044
----------------------------------------------------------------------------
BMO Real Return Bond Index ETF                             ZRR         0.028
----------------------------------------------------------------------------
BMO High Yield US Corporate Bond Hedged to CAD Index                        
 ETF                                                       ZHY         0.096
----------------------------------------------------------------------------
BMO Emerging Markets Bond Hedged to CAD Index ETF          ZEF         0.070
----------------------------------------------------------------------------
BMO 2013 Corporate Bond Target Maturity ETF                ZXA         0.041
----------------------------------------------------------------------------
BMO 2015 Corporate Bond Target Maturity ETF                ZXB         0.048
----------------------------------------------------------------------------
BMO 2020 Corporate Bond Target Maturity ETF                ZXC         0.060
----------------------------------------------------------------------------
BMO 2025 Corporate Bond Target Maturity ETF                ZXD         0.062
----------------------------------------------------------------------------
BMO S&P/TSX Equal Weight Banks Index ETF                   ZEB         0.051
----------------------------------------------------------------------------
BMO Equal Weight Utilities Index ETF                       ZUT         0.070
----------------------------------------------------------------------------
BMO Equal Weight REITs Index ETF                           ZRE         0.083
----------------------------------------------------------------------------
BMO Monthly Income ETF                                     ZMI         0.062
----------------------------------------------------------------------------
BMO Covered Call Canadian Banks ETF                        ZWB         0.088
----------------------------------------------------------------------------
BMO Covered Call Utilities ETF                             ZWU         0.090
----------------------------------------------------------------------------
BMO Covered Call Dow Jones Industrial Average Hedged                        
 to CAD ETF                                                ZWA         0.085
----------------------------------------------------------------------------
BMO Canadian Dividend ETF                                  ZDV         0.055
----------------------------------------------------------------------------



Further information about BMO ETF Products can be found at www.bmo.com/etfs.

(i)BMO ETFs are administered and managed by BMO Asset Management Inc., an
investment fund manager and portfolio manager and a separate legal entity from
Bank of Montreal.


Commissions, management fees and expenses all may be associated with investments
in exchange traded funds. Please read the prospectus before investing. The funds
are not guaranteed, their values change frequently and past performance may not
be repeated.


About BMO Financial Group 

Established in 1817 as Bank of Montreal, BMO Financial Group is a
highly-diversified North American financial services organization. With total
assets of $526 billion as at April 30, 2012, and more than 47,000 employees, BMO
Financial Group provides a broad range of retail banking, wealth management and
investment banking products and solutions.


S&P (R) is a registered trademark of Standard & Poor's Financial Services LLC
("S&P") and TSX is a trademark of Toronto Stock Exchange ("TSX"). These
trademarks have been licensed for use by Bank of Montreal. BMO S&P/TSX Equal
Weight Banks Index ETF is not sponsored, endorsed, sold or promoted by S&P or
TSX, and S&P and TSX make no representation, warranty or condition regarding the
advisability of buying, selling or holding units in the BMO ETFs.


The Dow Jones Industrial Average(SM) is a product of Dow Jones Indexes, a
licensed trade-mark of CME Group Index Services LLC ("CME"), and has been
licensed for use. "Dow Jones(R)", "Dow Jones Industrial Average(SM)", "Dow Jones
Canada Titan 60" and "Titans" are service marks of Dow Jones Trademark Holdings,
LLC ("Dow Jones") and have been licensed for use for certain purposes. BMO ETFs
based on Dow Jones indexes are not sponsored, endorsed, sold or promoted by Dow
Jones, CME or their respective affiliates and none of them makes any
representation regarding the advisability of investing in such product(s).
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