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Published on 5/30/2014 in the Prospect News Structured Products Daily.

New Issue: Bank of Montreal prices $100,000 more notes linked to iShares China Large-Cap ETF

By Angela McDaniels

Tacoma, Wash., May 30 - Bank of Montreal priced an additional $100,000 principal amount of 0% buffered bullish enhanced return notes due May 31, 2018 linked to the iShares China Large-Cap exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The original $100,000 of notes priced May 23. The total issue size is now $200,000.

The payout at maturity will be par plus 200% of any ETF gain, up to a maximum return of 48%. Investors will receive par if the shares fall by up to 15% and will lose 1% for each 1% that the shares decline beyond 15%.

BMO Capital Markets Corp. is the agent.

Issuer:Bank of Montreal
Issue:Buffered bullish enhanced return notes
Underlying ETF:iShares China Large-Cap ETF
Amount:$200,000, increased from $100,000
Maturity:May 31, 2018
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% of any ETF gain, up to 48% maximum return; par if shares fall by up to 15%; 1% loss for each 1% that shares decline beyond 15%
Initial share price:$36.34
Buffer level:$30.89, 85% of initial share price
Pricing date:May 23
Settlement date:May 30
Agent:BMO Capital Markets Corp.
Fees:3% for initial $100,000 and 2% for additional $100,000
Cusip:06366RUD5

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