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Published on 3/27/2013 in the Prospect News Structured Products Daily.

New Issue: Bank of Montreal prices $750,000 buffered bullish enhanced notes on iShares FTSE China 25

By Toni Weeks

San Luis Obispo, Calif., March 27 - Bank of Montreal priced $750,000 of 0% buffered bullish enhanced return notes due March 31, 2015 linked to the iShares FTSE China 25 index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 200% of any fund gain, up to a maximum return of 16%.

Investors will receive par if the shares fall by up to 10% and will lose 1% for each 1% decline beyond 10%.

BMO Capital Markets Corp. is the agent.

Issuer:Bank of Montreal
Issue:Buffered bullish enhanced return notes
Underlying fund:iShares FTSE China 25 index fund
Amount:$750,000
Maturity:March 31, 2015
Coupon:0%
Price:Par
Payout at maturity:Par plus double any fund gain, capped at 16%; par if shares fall by up to 10%; exposure to losses beyond 10%
Initial level:$36.82
Buffer level:$33.14, 90% of initial level
Pricing date:March 25
Settlement date:March 28
Agent:BMO Capital Markets Corp.
Fees:2.5%
Cusip:06366RLZ6

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