RNS No 7904t
BANK OF MONTREAL


FROM: 9th April 1998    

12) $350,000,000 Step-up Callable Floating Rate Subordinated Notes due 9.4.08
FULLY PAID
(Represented by Notes to Bearer of US$1,000, $10,000, $100,000 each)

Issue Price: 99.87%       

Issuer: HSBC ISSUER SERVICES             

A copy of the above is available for inspection from the Company
Announcements office of the Stock Exchange, London.

END

PS AWOSKWUKSRAR
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