Mysql Create new user

CREATE USER 'monty'@'localhost' IDENTIFIED BY 'some_pass';
mysql> GRANT ALL PRIVILEGES ON *.* TO 'monty'@'localhost'
-> WITH GRANT OPTION;
mysql> CREATE USER 'monty'@'%' IDENTIFIED BY 'some_pass';
mysql> GRANT ALL PRIVILEGES ON *.* TO 'monty'@'%'
-> WITH GRANT OPTION;
mysql> CREATE USER 'admin'@'localhost';
mysql> GRANT RELOAD,PROCESS ON *.* TO 'admin'@'localhost';
mysql> CREATE USER 'dummy'@'localhost';