TORONTO: Sentry Select Capital Corp. (“Sentry Select”) is pleased to announce the September 2007 distribution amounts for the following principal-protected notes.

Note	Issue date	Distribution amount (per $100 note)	Record date	Payable date	Annualized yield	Distributions per note since inception
Bank of Montreal Sentry Select Canadian Income Deposit Notes, Series 1 (JHN601)	March 17, 2006	$0.245786	Sept. 14, 2007	Sept. 17, 2007	2.9%	$4.894331
Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes, Series 1 (JHN602)	March 17, 2006	$0.245786	Sept. 14, 2007	Sept. 17, 2007	2.9%	$4.894331
Bank of Montreal Sentry Select Canadian Income Deposit Notes, Series 2 (JHN603)	May 17, 2006	$0.301454	Sept. 14, 2007	Sept. 17, 2007	3.6%	$4.981753
Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes, Series 2 (JHN604)	May 17, 2006	$0.301454	Sept. 14, 2007	Sept. 17, 2007	3.6%	$4.981753
Bank of Montreal Sentry Select Canadian Income Deposit Notes, Series 3 (JHN605)	July 19, 2006	$0.198630	Sept. 14, 2007	Sept. 17, 2007	2.4%	$3.139793
Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes, Series 3 (JHN606)	July 19, 2006	$0.198630	Sept. 14, 2007	Sept. 17, 2007	2.4%	$3.139793
Bank of Montreal Sentry Select Canadian Income Deposit Notes, Series 4 (JHN607)	September 20, 2006	$0.249529	Sept. 14, 2007	Sept. 17, 2007	3.0%	$2.760949
Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes, Series 4 (JHN608)	September 20, 2006	$0.249529	Sept. 14, 2007	Sept. 17, 2007	3.0%	$2.760949
Bank of Montreal Sentry Select Canadian Income Deposit Notes, Series 5 (JHN609)	October 31, 2006	$0.456378	Sept. 14, 2007	Sept. 17, 2007	5.5%	$3.620941
Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes, Series 5 (JHN610)	October 31, 2006	$0.456378	Sept. 14, 2007	Sept. 17, 2007	5.5%	$3.620941
Bank of Montreal Sentry Select Canadian Income Deposit Notes, Series 6 (JHN612)	December 20, 2006	$0.554975	Sept. 14, 2007	Sept. 17, 2007	6.7%	$4.194681
Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes, Series 6 (JHN613)	December 20, 2006	$0.554975	Sept. 14, 2007	Sept. 17, 2007	6.7%	$4.194681
Bank of Montreal Sentry Select Canadian Income Deposit Notes, Series 7 (JHN614)	March 14, 2007	$0.596491	Sept. 14, 2007	Sept. 17, 2007	7.2%	$2.877835
Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes, Series 7 (JHN615)	March 14, 2007	$0.596491	Sept. 14, 2007	Sept. 17, 2007	7.2%	$2.877835

Deposit Notes: Bank of Montreal Sentry Select Canadian Income Deposit Notes and Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes (collectively, 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 (collectively, the “Basket”). 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, 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 is a Canadian wealth management company that manages over $8 billion in gross assets as of July 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 29 reporting issuers, Sentry Select is the leading manager and/or advisor to entities listed on the Toronto Stock Exchange. In addition, Sentry Select manages and/or provides advisory services to four reporting issuers listed on the TSX Venture Exchange.More information: Investor Services (broker/investor inquiries) or Kinga Lam (media inquiries) Tel: 1-888-246-6656 Fax: 416-364-1197 info@sentryselect.com

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.