Faircourt Asset Management Inc. HOME COMPANY PORTFOLIO MANAGEMENT NEWS & PRESS INSIGHTS COMMUNITY CONTACT US PRODUCTS LoginRegister Contact Us 120 Adelaide Street West Suite 2107 Toronto, Ontario M5H1T1 phone: 416-364-8989 toll-free: 1-800-831-0304 General Inquiry Form How can we help? Please provide a brief description of what you need and one of our representatives will be pleased to assist you. * denotes a required field Name* Email* Phone Subject Message Products Closed End Funds Limited Partnerships Principal Protected Notes back to top Faircourt Asset Management HOME COMPANY PROFILE NEWS & PRESS INSIGHTS COMMUNITY CONTACT PRODUCTS CLOSED END FUNDS LIMITED PARTNERSHIPS PRINCIPAL PROTECTED NOTES LEGAL DISCLAIMER © Copyright Faircourt Asset Management Inc. 2011 - All Rights Reserved

Faircourt Asset Management Inc. HOME COMPANY PORTFOLIO MANAGEMENT NEWS & PRESS INSIGHTS COMMUNITY CONTACT US PRODUCTS LoginRegister Principal Protected Series III Note FundSERV Code: JHN 303 The Bank of Montreal Faircourt Principal Protected Income Trust Deposit Notes, Series 3 (the Deposit Notes ) issued by Bank of Montreal will mature on or about December 15, 2014 ( Maturity ). The Deposit Notes are a principal protected product that endeavours to replicate an exposure of up to two times (200%) the monthly distributions and capital appreciation of the Series A units of the Faircourt Pooled Monthly High Income Fund (the Fund ) that could have otherwise been purchased with the net proceeds of the offering of the Deposit Notes. Within 10 business days of the end of each month prior to Maturity, commencing December, 2005, Bank of Montreal will pay to the holders of Deposit Notes (each, a Holder ) interest in an amount equal to such Holder s pro rata share of 75% of all distributions, if any, received on the Equity Portfolio component of the Basket and not yet paid to the Holders or notionally reinvested in the Basket. An amount equal to 25% of all such distributions will be notionally reinvested in the Basket. The amount and frequency of interest payments during the term of the Deposit Notes will not affect a Holder s right to receive at least $100 per deposit note at Maturity. At Maturity, each Holder will receive an amount per Deposit Note equal to the greater of (i) the amount deposited of $100 (the Deposit Amount ) and (ii) the Deposit Amount plus a variable return, if any, calculated in accordance with the Variable Return Payment Formula (as hereinafter defined). Under the Variable Return Payment Formula, the variable return will be based on the return on the Basket after the payments of interest to Holders prior to Maturity. Click here for more information Fund Information Fund Structure Principle Protected Notes Products Closed End Funds Limited Partnerships Principal Protected Notes Get In Touch Learn more about our services and how we can help you. Contact Us back to top Faircourt Asset Management HOME COMPANY PROFILE NEWS & PRESS INSIGHTS COMMUNITY CONTACT PRODUCTS CLOSED END FUNDS LIMITED PARTNERSHIPS PRINCIPAL PROTECTED NOTES LEGAL DISCLAIMER © Copyright Faircourt Asset Management Inc. 2011 - All Rights Reserved