DBRS Conf CARE Trust Series A, S-T Asset-Backed Notes R-1(H)

Dominion Bond Rating Service (“DBRS”) has today confirmed the ratings of CARE Trust (the “Trust”) as indicated above.

The Trust is a multi-seller, multi-asset securitization conduit administered by BMO Nesbitt Burns (“BMO”). There are no restrictions concerning asset types, but each asset purchase supporting the Notes is subject to the approval of DBRS and BMO.

The rating confirmation is based on the following considerations:
(1) High credit enhancement levels are consistent with similarly rated multi-seller, multi-asset securitization programs in Canada;
(2) The underlying collateral has performed well;
(3) All transactions are reviewed by DBRS prior to funding by the program; and
(4) BMO has significant experience in structuring, administering, and managing multi-asset, multi-seller securitization programs.

As of September 30, 2005, the program amount of the Trust was Cdn$3,331 million with assets consisting of 34% NHA mortgages, 16% floor plan finance, and 21% credit card receivables.

CARE Trust is one of eight multi-seller conduits administered by BMO with aggregate outstanding amounts of Cdn$18,883 million as of September 30, 2005.