Important Notice: Account Minimum Fee

Last September, we introduced a $5,000 account minimum for new BMO InvestorLine accounts.

Effective June 30, 2003, a $15 CDN fee* will be charged each quarter on BMO InvestorLine non-registered accounts with an account balance of less than $5,000. This fee is calculated based on the average of your total account holdings with BMO InvestorLine. New accounts opened for less than 180 days and informal trusts are exempt. The fee will be waived if you hold a registered account at BMO InvestorLine.

*The fee is calculated based on "average account holdings" at the close of business on the last day of each calendar quarter (March 31, June 30, September 30, December 31) beginning on June 30, 2003. "Average account holdings" refers to averaging the account equity of all accounts of all persons at the same address, and excludes accounts that are exempt as mentioned above. Applicable taxes will apply.