TORONTO: Sentry Select Capital Corp. is pleased to announce the September 2006 distribution amounts for the following principal-protected notes.

Future distributions: Bank of Montreal will pay to each holder distributions in an amount equal to 75% of all distributions, if any, received on the Income Portfolio component of the Basket. The allocation of the Income Portfolio to the Basket may be more or less than 100% and distributions paid in respect of the Income Portfolio will fluctuate from month to month. There is no guarantee that the investment manager or the individual income funds will be able to maintain the level of distribution or that the Income Portfolio will make any distribution.

Website: To find out more about the Deposit Notes, net asset values and investment objectives please visit www.sentryselect.com.

Sentry Select Capital Corp.: Sentry Select Capital Corp. is a wealth management company providing investment, administrative and marketing services to 33 exchange-listed closed-end funds and corporations, including preferred securities and debentures, 16 mutual funds, 15 principal-protected notes and 4 flow-through limited partnerships. Sentry Select is one of the largest Canadian investment managers in the income trust sector. As of August 31, 2006, the firm had over $8.5 billion in gross assets under management.

Issuer: The notes are issued by Bank of Montreal.

More information: Investor Services (broker/investor inquiries) or Kinga Lam (media inquiries)
Tel: 1-888-246-6656 Fax: 416-364-1197 info@sentryselect.com www.sentryselect.com

Disclosure of how variable interest (if any) on the Notes is calculated is contained in the related Information Statement. This release is issued for information purposes only and does not constitute an offer to sell or a solicitation to purchase the Notes. The prices, value and/or income the Notes produce may fluctuate and/or be adversely affected by a number of factors. The distributions on the units in the Portfolio will directly impact the amount of principal repaid in the case of the R.O.C. Canadian Income Deposit Notes, and interest paid, in the case of the Canadian Income Deposit Notes, in any year prior to maturity. The fluctuation of the value of the Portfolio will directly impact the return, if any, on the Notes at maturity. In addition, the return payable at maturity on the R.O.C. Notes, if any, will be reduced by a percentage of the amounts you receive prior to maturity pursuant to a formula set out in the related Information Statement.