Sentry Select Capital Corp. today announce the launch of Bank of Montreal Sentry Select Global Dividend Growth Notes Total Return Class, Series 1 and 2 and Bank of Montreal Sentry Select Global Dividend Growth Notes R.O.C. Class, Series 1 and 2.

Bank of Montreal Sentry Select Global Dividend Growth Notes Total Return Class, Series 1 and 2 and Bank of Montreal Sentry Select Global Dividend Growth Notes R.O.C. Class, Series 1 and 2 are deposit notes, issued by Bank of Montreal.

The performance of the notes is based on the return of a basket of assets comprised of a portfolio of global dividend-paying equities and a notional bond portfolio. The equity portfolio will initially be comprised of 20 equally weighted diversified equities and will be adjusted quarterly by the manager.

The issue price of the notes is $100 per note with a minimum investment of $2,000.

Series 1 Notes are available for sale until June 1, 2007 and Series 2 Notes until July 27.

The FundSERV code for Bank of Montreal Sentry Select Global Dividend Growth Notes Total Return Class Series 1 is JHN617, Series 2 is JHN619 and Bank of Montreal Sentry Select Global Dividend Growth Notes R.O.C. Class Series 1 is JHN618 and Series 2 is JHN620.

Within 10 business days of the end of each quarter, investors in Bank of Montreal Sentry Select Global Dividend Growth Notes R.O.C. Class, Series 1 and 2 will receive principal repayments equal to 1.25% of the deposit amount, paid for the first four quarters, and thereafter an amount equal to 100% of the underlying Portfolio’s distributions (including on any equities notionally purchased using leverage), if any. For the Total Return Class 100% of the portfolio’s distributions, if any, are notionally reinvested in the basket for compound growth.

The notes will mature on Dec. 5, 2014 in case of Series 1 and Jan. 30, 2015 in case of Series 2, and investors will be repaid their deposit amount, and the applicable Variable Return, if any, based on the performance of a basket of assets consisting of the equity portfolio and the notional bond portfolio. In addition, in the case of the R.O.C. Class the return payable at maturity, if any, will be reduced by a percentage of the amounts investors receive prior to maturity.

A daily secondary market will be maintained by BMO Nesbitt Burns Inc. under normal market conditions. There is no assurance that a secondary market will exist. Sale of notes within 2 years of their issue will be subject to an early trading charge.