Sentry Select Capital Corp.

Sentry Select Capital Corp.
Bank of Montreal Sentry Select Canadian Income Deposit Notes

Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes

April 12, 2007 16:01 ET

Sentry Select Capital Corp. Announces April 2007 Distributions for Principal-Protected Notes

TORONTO, ONTARIO--(CCNMatthews - April 12, 2007) - Sentry Select Capital Corp. is pleased to announce the April 2007 distribution amounts for the following principal-protected notes.



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Distri- Distri-
bution butions
amount Annua- per note
Issue (per $100 Record Payable lized since
Note Date note) date date yield inception
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Bank of Montreal
Sentry Select
Canadian Income
Deposit Notes, March 17, April 13, April 16,
Series 1 2006 $0.136224 2007 2007 1.6% $3.808926
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit March 17, April 13, April 16,
Notes, Series 1 2006 $0.136224 2007 2007 1.6% $3.808926
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Bank of Montreal
Sentry Select
Canadian Income
Deposit Notes, May 17, April 13, April 16,
Series 2 2006 $0.211893 2007 2007 2.5% $3.548994
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit May 17, April 13, April 16,
Notes, Series 2 2006 $0.211893 2007 2007 2.5% $3.548994
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Bank of Montreal
Sentry Select
Canadian Income
Deposit Notes, July 19, April 13, April 16,
Series 3 2006 $0.160165 2007 2007 1.9% $2.190047
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit July 19, April 13, April 16,
Notes, Series 3 2006 $0.160165 2007 2007 1.9% $2.190047
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Bank of Montreal
Sentry Select
Canadian Income
Deposit Notes, September April 13, April 16,
Series 4 20, 2006 $0.205848 2007 2007 2.5% $1.520100
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit September April 13, April 16,
Notes, Series 4 20, 2006 $0.205848 2007 2007 2.5% $1.520100
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Bank of Montreal
Sentry Select
Canadian Income
Deposit Notes, October April 13, April 16,
Series 5 31, 2006 $0.354048 2007 2007 4.2% $1.375062
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit October April 13, April 16,
Notes, Series 5 31, 2006 $0.354048 2007 2007 4.2% $1.375062
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Bank of Montreal
Sentry Select
Canadian Income
Deposit Notes, December April 13, April 16,
Series 6 20, 2006 $0.463226 2007 2007 5.6% $1.452606
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit December April 13, April 16,
Notes, Series 6 20, 2006 $0.463226 2007 2007 5.6% $1.452606
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Bank of Montreal
Sentry Select
Canadian Income
Deposit Notes, March April 13, April 16,
Series 7 14, 2007 $0.005937 2007 2007 0.7% $0.005937
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit March April 13, April 16,
Notes, Series 7 14, 2007 $0.005973 2007 2007 0.7% $0.005937
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Deposit Notes

Bank of Montreal Sentry Select Canadian Income Deposit Notes and Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes (the "Deposit Notes") are deposit notes, issued by Bank of Montreal. The performance of the Deposit Notes is linked to the appreciation of a Basket comprised of (i) an income trust portfolio managed by Sandy McIntyre, Senior Vice-President and Senior Portfolio Manager, Sentry Select ("Income Portfolio"), and (ii) a Notional Bond Portfolio. The Income Portfolio is designed primarily to replicate the performance of Sentry Select Canadian Income Fund, as set out in the Information Statement.

Future distributions

Bank of Montreal will pay to each holder distributions in an amount equal to 75% of all distributions 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 their levels 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 Canadian wealth management company who manages Capital Corp. approximately $8 billion in gross assets as of March 31, 2007. The company offers a diverse range of investment products including closed-end trusts, mutual funds, principal-protected notes and flow-through limited partnerships, covering a variety of domestic and global mandates. With 35 reporting entities, Sentry Select is the leading issuer of securities listed on the Toronto Stock Exchange.

Disclosure of how variable interest (if any) on the Deposit 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 Deposit Notes. The prices, value and/or income the Deposit 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 Deposit Notes at maturity. In addition, the return payable at maturity on the R.O.C. Deposit 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.



The Exchange Tower
130 King Street West
Suite 2850, P.O. Box 104
Toronto, Ontario M5X 1A4


Contact Information

  • Sentry Select Capital Corp.
    Investor Services
    (broker/investor inquiries)
    1-888-246-6656
    (416) 364-1197 (FAX)
    or
    Sentry Select Capital Corp.
    Kinga Lam
    (media inquiries)
    1-888-246-6656
    (416) 364-1197 (FAX)
    Email: info@sentryselect.com
    Website: www.sentryselect.com