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Sentry Select Capital Corp. Announces Launch of Bank of Montreal Sentry Select Equity Linked Y.I.E.L.D. Notes'TM'.


TORONTO -- Sentry Select Capital Corp. is pleased to announce the launch of Bank of Montreal “BMO” redirects here. For the mathematics competition, see British Mathematical Olympiad.
Bank of Montreal/Banque de MontrĂ©al (TSX: BMO, NYSE: BMO) is Canada's fourth largest bank[1], and is classified as a Domestic Chartered Bank (Schedule I).
 Sentry Select Equity Linked Y.I.E.L.D. Notes Series 1 (Yield and Income Enhanced Linked Deposit Notes).

Benchmark Portfolio

Bank of Montreal Sentry Select Equity Linked Y.I.E.L.D. Notes are deposit notes, issuable in series by Bank of Montreal. The Notes are designed to provide the repayment of principal at Maturity and potential annual interest payments. The amount of interest paid, with an exception of the first interest payment of 4.5%, is linked to the performance of 10 Canadian blue-chip companies selected from various industry sectors. The Portfolio will initially consist of: Alcan Inc., Encana Corporation EnCana Corporation is one of the largest independently owned oil and gas companies in the world. In both 2003 and 2004 it was Canada's most profitable company, with approximately $3.5 billion (U.S.) in profits on $12.2 billion in revenue. , Manitoba Telecom Services Manitoba Telecom Services (TSX: MBT), or MTS , formerly Manitoba Telephone System, is the primary telecommunications carrier in the Canadian province of Manitoba and the third largest telecommunications provider in Canada with 7000 employees.  Inc., Canadian Imperial Bank of Commerce The Canadian Imperial Bank of Commerce TSX: CM NYSE: CM, better known to most customers as CIBC, is one of Canada's major banks. CIBC is classified as a Domestic Chartered Bank (Schedule I). , Bank of Nova Scotia Nova Scotia (nō`və skō`shə) [Lat.,=new Scotland], province (2001 pop. 908,007), 21,425 sq mi (55,491 sq km), E Canada. Geography
, Telus Corporation, BCE BCE
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 Inc., Barrick Gold Corporation, Research in Motion Limited, and Celestica Inc.

Issue Priceand Minimum Investment

The issue price of Bank of Montreal Sentry Select Equity Linked Y.I.E.L.D. Notes is $100 per note with a minimum investment of $2,000 (20 Notes).

Selling Period

The Notes are available for sale until March 10, 2006.

FundSERV

The FundSERV code for Bank of Montreal Sentry Select Equity Linked Y.I.E.L.D. Notes is JHN JHN Journal of Holistic Nursing 600.

Interest Payments

The interest payment on December 31, 2006 will be 4.5% regardless of the performance of the Benchmark Portfolio. For all subsequent years during the term of the Notes the payments, if any, will be based on the average return of the Portfolio. No interest will be paid unless the average return of the securities in the Portfolio is positive. The interest will be paid on December 31 of each year.

Payment at Maturity

The Notes will mature on March 11, 2011 and investors will receive the Deposit Amount of $100 per Note.

Terms of the Offering

An investment in the Notes is subject to certain risks. The complete terms of the offering, including a discussion of certain risks relating to an investment in the Notes, are set out in an Information Statement, which can be obtained by investors from their financial advisor.

Liquidity

A daily secondary market will be maintained by BMO Nesbitt Burns This article or section is written like an .
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 Inc. under normal market conditions, as set out in the Information Statement. There is no assurance that a secondary market will exist. Sale of Notes within 720 days of their issue will be subject to an early trading charge.

Sentry Select Capital Corp.

Established in 1997, Sentry Select Capital Corp. provides investment, administrative and marketing services to 22 exchange-listed closed-end funds, 16 of which have exposure to the income trust sector, 11 mutual funds, 8 principal protected notes Investments such as guaranteed investment certificates (GICs) and bonds provide investment security with little or no risk of capital loss, they provide modest returns. While stocks have the potential to deliver substantial returns, they do so at much greater risk.  and 4 flow-through limited partnerships. Sentry Select is one of the largest Canadian investment managers in the income trust sector. As of December 31, 2005, the firm had approximately 8 billion in gross assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. .

For a copy of the Information Statement please visit www.sentryselect.com

"Sentry Select" and "Sentry Select logo" are registered trademarks of Sentry Select Capital Corp. and have been licensed for use by BMO Nesbitt Burns Corporation Limited and its affiliates. "Nesbitt Burns" is a registered trademark and "Y.I.E.L.D. Notes" is a trademark of BMO Nesbitt Burns Corporation Limited used under license.
The Exchange Tower
130 King Street West
Suite 2850, P.O. Box 104
Toronto, Ontario M5X 1A4
Telephone: (416) 861-8729
Fax: (416) 364-5615

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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:Jan 18, 2006
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