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<SEC-DOCUMENT>0000718940-06-000012.txt : 20060201
<SEC-HEADER>0000718940-06-000012.hdr.sgml : 20060201
<ACCEPTANCE-DATETIME>20060201144733
ACCESSION NUMBER:		0000718940-06-000012
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20060201
FILED AS OF DATE:		20060201
DATE AS OF CHANGE:		20060201

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BCE INC
		CENTRAL INDEX KEY:			0000718940
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
		IRS NUMBER:				99999999
		STATE OF INCORPORATION:			A8
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08481
		FILM NUMBER:		06569241

	BUSINESS ADDRESS:	
		STREET 1:		1000 DE LA GAUCHETIERE OUEST
		STREET 2:		BUREAU 4100 MONTREAL
		CITY:			QUEBEC CANADA
		STATE:			A8
		ZIP:			H3B 4Y7
		BUSINESS PHONE:		5143977000

	MAIL ADDRESS:	
		STREET 1:		1000 DE LA GAUCHETIERE OUEST
		STREET 2:		BUREAU 4100 MONTREAL
		CITY:			QUEBEC CANADA
		STATE:			A8
		ZIP:			H3B 4Y7

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BELL CANADA ENTERPRISES INC
		DATE OF NAME CHANGE:	19880111
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>bceform6kinvbriefing.htm
<DESCRIPTION>Q4 2005 INVESTOR BRIEFING
<TEXT>
<HTML>
<HEAD>
   <TITLE>Fourth Quarter Investor Briefing</TITLE>
  <meta equiv="Content-Type" content="text/html; charset=windows-1252">

</HEAD>

<BODY bgcolor="#ffffff">

<div align="left">
  <HR style="MARGIN-TOP: -2px" align=center width="100%" color=#000000 noShade
SIZE=4>
  <HR style="MARGIN-TOP: -10px" align=center width="100%" color=#000000 noShade
SIZE=1>
  <p>&nbsp;</p>
  <p>&nbsp;</p>
  <p align="center"><FONT size="2" FACE="Arial, Helvetica, sans-serif"><B><font size="4">SECURITIES
    AND EXCHANGE COMMISSION</font><br>
    WASHINGTON, D.C. 20549</B><br>
    </FONT></p>
  <P ALIGN="center"><FONT size="4" FACE="Arial, Helvetica, sans-serif"><B>FORM
    6-K</B></FONT></P>
  <p>&nbsp;</p>
  <p>&nbsp; </p>
  <P ALIGN="center"><FONT SIZE="2" face="Arial, Helvetica, sans-serif"><B>REPORT
    OF FOREIGN PRIVATE ISSUER </B></FONT></P>
  <P ALIGN="center"><font size="2" face="Arial, Helvetica, sans-serif">Pursuant
    to Rule 13a-16 or 15d-16 under<br>
    the Securities Exchange Act of 1934</font></P>
  <P ALIGN="center">&nbsp;</P>
  <table width="94%" border="0">
    <tr>
      <td width="53%"><font size="2" face="Arial, Helvetica, sans-serif">For the
        month of: <b>February 2006</b></font></td>
      <td width="47%"><div align="right"><font size="2" face="Arial, Helvetica, sans-serif">Commission
          File Number: <b>1-8481</b></font></div></td>
    </tr>
  </table>
  <P ALIGN="center">&nbsp; </P>
  <P ALIGN="center"><FONT size="2" FACE="Arial, Helvetica, sans-serif"><B>BCE
    Inc.<br>
    </B><I>(Translation of Registrant&#146;s name into English)</I></FONT></P>
  <font size="2" face="Arial, Helvetica, sans-serif">
  <!-- MARKER FORMAT-SHEET="Para Flush" -->
  </font>
  <P ALIGN="center"><FONT SIZE="2" face="Arial, Helvetica, sans-serif"><B>1000,
    rue de La Gaucheti&egrave;re Ouest, Bureau 3700, Montr&eacute;al, Qu&eacute;bec
    H3B 4Y7, (514) 870-8777<br>
    </B><I>(Address of principal executive offices)</I></FONT></P>
  <P ALIGN="LEFT">&nbsp;</P>
  <blockquote>
    <p align="LEFT"><FONT size="2" FACE="Arial, Helvetica, sans-serif"> Indicate
      by check mark whether the Registrant files or will file annual reports under
      cover of Form 20-F or Form 40-F.</FONT> </P>
  </blockquote>
  <table width="80%" border="0" cellpadding="0" cellspacing="0">
    <tr>
      <td width="10%" align="right">&nbsp;</td>
      <td width="32%" align="right"><font size="2" face="Arial, Helvetica, sans-serif">Form
        20-F</font></td>
      <td width="8%"><font size="2" face="Arial, Helvetica, sans-serif"><br>
        </font> <hr align="left" width=100% size=1 noshade color=BLACK> </td>
      <td width="32%" align="right"><font size="2" face="Arial, Helvetica, sans-serif">Form
        40-F</font></td>
      <td width="9%" valign="bottom"><div align="center"><font size="2" face="Arial, Helvetica, sans-serif">X
          </font></div>
        <HR align="left" WIDTH=100% SIZE=1 NOSHADE COLOR=BLACK></td>
      <td width="9%" valign="bottom"> <div align="center"></div></td>
    </tr>
  </table>
  <p>&nbsp;</p>
  <blockquote>
    <p align="LEFT"><FONT size="2" FACE="Arial, Helvetica, sans-serif">Indicate
      by check mark whether the Registrant by furnishing the information contained
      in this Form is also thereby furnishing the information to the Commission
      pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.<br>
      </FONT></p>
  </blockquote>
  <font size="2" face="Arial, Helvetica, sans-serif"> </font>
  <table width="85%" border="0" cellpadding="0" cellspacing="0">
    <tr>
      <td width="20%" align="right">&nbsp;</td>
      <td width="18%" align="right"><font size="2" face="Arial, Helvetica, sans-serif">Yes</font></td>
      <td width="8%"><font size="2" face="Arial, Helvetica, sans-serif"><br>
        </font> <hr width=100% size=1 color=BLACK noshade> </td>
      <td width="27%" align="right"><font size="2" face="Arial, Helvetica, sans-serif">No</font></td>
      <td width="9%"> <div align="center"><font size="2" face="Arial, Helvetica, sans-serif">X
          </font></div>
        <HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></td>
      <td width="14%"> <div align="center"></div></td>
    </tr>
  </table>
  <P ALIGN="LEFT">&nbsp;</P>
  <table width="96%" border="0" cellpadding="0" cellspacing="0">
    <tr>
      <td width="75%"> <blockquote>
          <p><font size="2" face="Arial, Helvetica, sans-serif">If "Yes" is marked,
            indicate below the file number assigned to the Registrant in connection
            with Rule 12g3-2(b): 82-_____.</font></p>
        </blockquote></td>
    </tr>
  </table>
  <P ALIGN="LEFT">&nbsp;</P>
  <blockquote>
    <p align="justify"><FONT size="2" FACE="Arial, Helvetica, sans-serif">Notwithstanding
      any reference to BCE&#146;s Web site on the World Wide Web in the documents
      attached hereto, the information contained in BCE&#146;s site or any other
      site on the World Wide Web referred to in BCE&#146;s site is not a part
      of this Form 6-K and, therefore, is not filed with the Securities and Exchange
      Commission.</FONT> </p>
  </blockquote>
  <p>&nbsp;</p>
  <HR style="MARGIN-TOP: -2px" align=center width="100%" color=#000000 noShade
SIZE=1>
  <HR style="MARGIN-TOP: -10px" align=center width="100%" color=#000000 noShade
SIZE=4>
  <p>&nbsp;</p>
  <table border="0" cellpadding="0" cellspacing="0" width="100%">
    <tr>
      <td width="30%"></td>
      <td width="70%"><img src="titlepage.jpg" width="288" height="568"></td>
    </tr>
  </table>
</div>
<br>
<BR>
<TABLE border=0 cellspacing=0 cellpadding=0 width="100%">
<TR valign="bottom">
	<TD width=31% align=left>
	</TD>
	<TD width=30% align=left>
<font color="#000080">
<FONT size=2 face="times new roman">CONTENTS</FONT>&nbsp;</font>
	</TD>
	<TD width=39% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=31% align=left>
	</TD>
	<TD width=30% align=left>
<FONT size=2 face="times new roman"><a href="#review">The Year in Review</a></FONT>&nbsp;
	</TD>
	<TD width=39% align=left>
<FONT size=2 face="times new roman">2</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD width=31% align=left>
	</TD>
	<TD width=30% align=left>
<FONT size=2 face="times new roman"><a href="#glance">The Quarter at a Glance</a></FONT>&nbsp;
	</TD>
	<TD width=39% align=left>
<FONT size=2 face="times new roman">6</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD width=31% align=left>
	</TD>
	<TD width=30% align=left>
<FONT size=2 face="times new roman"><a href="#supplementary">Supplementary Financial
Information</a></FONT>&nbsp;
	</TD>
	<TD width=39% align=left>
<FONT size=2 face="times new roman">20</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD width=31% align=center>
	</TD>
	<TD width=30% align=center>
<p align="left">
<font size="2" face="times new roman"><a href="#notes">Accompanying Notes</a></font></p>
	</TD>
	<TD width=39% align=left>
<font size="2" face="times new roman">32</font>&nbsp;
	</TD>
</TR>
</TABLE>



<P>
<font face="Times New Roman">
&nbsp;</font></P>
<a name="review"></a>
<table border="0" cellpadding="0" cellspacing="0" width="100%">
  <tr>
    <td width="18%"></td>
    <td width="2%"></td>
    <td width="80%"><font face="Times New Roman" size="6" color="#000080">
The Year in Review</font>
      <p><font face="Times New Roman">&nbsp;</font></td>
  </tr>
  <tr>
    <td width="18%"></td>
    <td width="2%"></td>
    <td width="80%">
<P align="left"> <font face="Times New Roman" size="2" color="#333333"> The results
        for 2005 demonstrate solid progress on our strategic objectives. Although
        the pace of competition accelerated steadily throughout the year, particularly
        as a result of the emergence of cable telephony, we continued to execute
        on our plan to mitigate the impact of this new, more competitive telecommunications
        landscape. Accordingly, we focused further on profitably growing our wireless,
        video and high-speed Internet businesses, which helps lay an important
        foundation for the future growth of the company. We also continued to
        successfully execute on our multi-product household consumer strategy.
        By the end of 2005, nearly 60% of the households in our Ontario and Qu&eacute;bec
        footprint subscribed to two or more products, and over 22% subscribed
        to three or more products. Our Business segment made steady progress throughout
        the year on its Internet Protocol (IP) strategy by leading Bell&nbsp;Canada
        in the shift towards new growth services, helping to drive its transition
        to an Information and Communications Technology (ICT) leader. In fact,
        revenues from growth services (composed mainly of wireless, video and
        data-related products such as high-speed Internet) accounted for 47% of
        total revenues at Bell&nbsp;Canada by the end of 2005, which exceeded
        our target of 45% for the year. Moreover, we also responded to the rising
        competitive challenges by proactively taking the lead to deliver unmatched
        features and reliability for our residential and business customers with
        the launch of next-generation services such as Bell&nbsp;Digital Voice.<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In order to alleviate the pressure on operating margins from the expected erosion in our legacy wireline business, we made significant strides in transforming our cost structure in 2005. Under our ongoing Galileo Program (Galileo), we continued to deliver significant cost savings by improving processes, reviewing procurement activities and eliminating work. Our various initiatives allowed us to reduce costs by $524&nbsp;million, which was in line with our run-rate savings target of $500-$600&nbsp;million for 2005.<br>
        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We also stepped up efforts to secure our
        customers and improve service. Although we faced a number of customer
        service challenges brought about by some residual impacts from our wireless
        billing system migration last year and a four-month labour dispute with
        Entourage Technology Solutions Inc. (Entourage) (renamed Bell Technical
        Solutions Inc. on October 25, 2005) technicians in Ontario, we substantially
        resolved these issues by the end of the third quarter and subsequently
        resolved order backlogs, improved efficiency and dealt with customer issues
        more promptly.<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In late 2005, we completed two important steps in our ongoing efforts to reshape the company&#146;s asset portfolio and bring greater focus to our core businesses by establishing the framework for the ultimate
disposition of our entire interest in CGI Group&nbsp;Inc. (CGI) and the reduction of our interest in Bell&nbsp;Globemedia&nbsp;Inc. (Bell&nbsp;Globemedia) to 20%.<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In our Residential segment (formerly called the Consumer segment), revenue growth was fuelled by the strength of our growth services as we continued to execute on our strategy of securing multi-product households to
drive customer loyalty and generate higher revenue per household. This growth reflected increased subscriber acquisition in our growth services and higher average revenue per user (ARPU), particularly for video, offset partly by an accelerated
decline in legacy wireline revenues.<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In our Business segment, increased sales of IP based connectivity and ICT (or value-added services (VAS)) solutions to our Enterprise and small and medium-sized business (SMB) customers and improved wireless results
drove revenue growth in 2005. This positive trend now has contributed to six consecutive quarters of improved revenue growth, despite increased competitive pressures and lower demand for legacy wireline services.<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In our Aliant segment, continued strong growth in wireless and Internet services, as well as a recovery from the 2004 labour disruption, offset declines in other areas due to the impact of competition, wireless and
internet substitution, and regulatory restrictions related to customer win-backs and bundling of services.<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Within the Other Bell&nbsp;Canada segment, despite a challenging market for our wholesale business, revenues grew as a result of the acquisition of the operations of 360networks Corporation, including GT Group Telecom&nbsp;Inc.
(collectively 360networks), in November&nbsp;2004.<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In the other BCE segment, Bell&nbsp;Globemedia delivered better revenue and operating performance compared with last year, driven largely by higher television advertising revenue, reflecting strong television ratings and
improved subscription revenues. Telesat Canada (Telesat) also had a</font></P>
    </td>
  </tr>
</table>




<P>
<font face="Times New Roman">
&nbsp;</font></P>
<P> <font size="2" face="Times New Roman"> <FONT color="#000080">2&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</FONT><FONT size=2 color="#333333">&nbsp;</FONT>&nbsp;Q4
  Investor Briefing</font></P>

<HR noshade align="center" width="100%" size=1 color="#333333">




<P>&nbsp;
</P>



<TABLE border=0 cellspacing=0 cellpadding=0 width="100%">
<TR valign="bottom">
	<TD width=18% align=left>
<font face="Times New Roman">
&nbsp;</font>
<p>&nbsp;
	</TD>
	<TD width=2% align=left>
	</TD>
	<TD width=80% align=left colspan="5">




<P>
<font size="2" face="Times New Roman" color="#333333">
strong year, reflecting growth in Ka-band revenues on its Anik F2 satellite, revenue gains from the installation and maintenance of an Interactive Distance Learning network and the positive impact from its acquisition of The Space-Connection,&nbsp;Inc.
(SpaceConnection) in January&nbsp;2005.</font> </P>
<P>
<b><font face="Times New Roman" size="3" color="#000080">
Customer Connections<br>
</font></b></P>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=18% align=left>
	</TD>
	<TD width=2% align=left>
	</TD>
	<TD width=57% align=left>
<p style="text-indent: -12; margin-left: 12">
<font color="#333333">
<B>
<font size="2" face="Times New Roman">
Connections</font></B><font size="2" face="Times New Roman" color="#333333">&nbsp;</font>
</font>
</p>
	</TD>
	<TD width=10% align=right>
<B><font size="2" face="Times New Roman" color="#333333">2005</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">
&nbsp;</font>
	</TD>
	<TD width=10% align=right>
<font color="#333333">
<B><font size="2" face="Times New Roman">31 Dec. 05</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;</font>
</font>
	</TD>
	<TD width=2% align=right>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=18% align=left>
	</TD>
	<TD width=2% align=left>
	</TD>
	<TD width=57% align=left>
<p style="text-indent: -12; margin-left: 12">
<font size="2" face="Times New Roman" color="#333333">
(in thousands)&nbsp;</font>
</p>
	</TD>
	<TD width=10% align=right>
<B><font size="2" face="Times New Roman" color="#333333">Net&nbsp;Activations</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">
&nbsp;</font>
	</TD>
	<TD width=10% align=right>
<font color="#333333">
<B><font size="2" face="Times New Roman">Connections</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;</font>
</font>
	</TD>
	<TD width=2% align=right>
	</TD>
</TR>
<TR>
	<TD width="18%">
	</TD>
	<TD width="2%">
	</TD>
	<TD colspan=5 width="57%">
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=18% align=left>
	</TD>
	<TD width=2% align=left>
	</TD>
	<TD width=57% align=left>
<p style="text-indent: -12; margin-left: 12">
<font size="2" face="Times New Roman" color="#333333">
Wireless&nbsp;</font>
</p>
	</TD>
	<TD width=10% align=right>
<B><font size="2" face="Times New Roman" color="#333333">516</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">
&nbsp;</font>
	</TD>
	<TD width=10% align=right>
<font color="#333333">
<B><font size="2" face="Times New Roman">5,441</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;</font>
</font>
	</TD>
	<TD width=2% align=right>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=18% align=left>
	</TD>
	<TD width=2% align=left>
	</TD>
	<TD width=57% align=left>
<p style="text-indent: -12; margin-left: 12">
<font size="2" face="Times New Roman" color="#333333">
High-Speed Internet&nbsp;</font>
</p>
	</TD>
	<TD width=10% align=right>
<B><font size="2" face="Times New Roman" color="#333333">387</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">
&nbsp;</font>
	</TD>
	<TD width=10% align=right>
<font color="#333333">
<B><font size="2" face="Times New Roman">2,195</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;</font>
</font>
	</TD>
	<TD width=2% align=right>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=18% align=left>
	</TD>
	<TD width=2% align=left>
	</TD>
	<TD width=57% align=left>
<p style="text-indent: -12; margin-left: 12">
<font size="2" face="Times New Roman" color="#333333">
Video&nbsp;</font>
</p>
	</TD>
	<TD width=10% align=right>
<B><font size="2" face="Times New Roman" color="#333333">224</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">
&nbsp;</font>
	</TD>
	<TD width=10% align=right>
<font color="#333333">
<B><font size="2" face="Times New Roman">1,727</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;</font>
</font>
	</TD>
	<TD width=2% align=right>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=18% align=left>
	</TD>
	<TD width=2% align=left>
	</TD>
	<TD width=57% align=left>
<p style="text-indent: -12; margin-left: 12">
<font size="2" face="Times New Roman" color="#333333">
NAS&nbsp;</font>
</p>
	</TD>
	<TD width=10% align=right>
<B><font size="2" face="Times New Roman" color="#333333">(324</font></B>
	</TD>
	<TD width=1% align=left>
<font color="#333333">
<B>
<font size="2" face="Times New Roman">
)</font></B><font size="2" face="Times New Roman">&nbsp;</font></font>
	</TD>
	<TD width=10% align=right>
<font color="#333333">
<B><font size="2" face="Times New Roman">12,581</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;</font>
</font>
	</TD>
	<TD width=2% align=right>
	</TD>
</TR>
<tr>
	<TD width="18%">
	</TD>
	<TD width="2%">
	</TD>
	<TD colspan=5 width="57%">
<HR noshade size=1>
	</TD>
</tr>
<tr>
	<TD width="18%">
	</TD>
	<TD width="2%">
	</TD>
	<TD colspan=5 width="57%">
<HR noshade size=1>
	</TD>
</tr>
<TR>
	<TD width="18%">
	</TD>
	<TD width="2%">
	</TD>
	<TD colspan=5 width="57%">
<P><br></P>
<ul>
  <li>
    <p align="left" style="margin-left: -20"> <B><font size="2" face="Times New Roman" color="#333333"> Wireless
    </font> </B><font size="2" face="Times New Roman" color="#333333"> &#150; Our total cellular and PCS subscriber base grew by 516,000 in 2005, or 10.5%, to 5,441,000, which was in line with guidance for the year. As a result of a record number of gross activations in the year, we acquired a
similar level of net activations compared with 2004, despite a year-over-year increase in our overall churn rate to 1.6% from 1.3% in 2004.</font></li>
  <li>
    <p align="left" style="margin-left: -20"><B><font size="2" face="Times New Roman" color="#333333">High-Speed Internet
    </font> </B><font size="2" face="Times New Roman" color="#333333">&#150; We added 387,000 net new high-speed Internet customers in 2005, increasing our customer base by 21% to 2,195,000, which was ahead of our target of 15% to 20% for the year. The net activations achieved in 2005
were 10.6% higher than the 350,000 subscribers acquired in 2004. Subscriber growth in 2005 was fuelled largely by the introduction of our Basic Lite product and higher net activations at Aliant.</font></li>
  <li>
    <p align="left" style="margin-left: -20"><B><font size="2" face="Times New Roman" color="#333333">Video
    </font> </B><font size="2" face="Times New Roman" color="#333333">&#150; We gained significant momentum in our video business in 2005, growing the subscriber base by 14.9% to end the year with 1,727,000 customers. This was at the upper end of our guidance range of 10% to 15% for 2005. During
the year, we activated service for 224,000 new subscribers, an almost two-fold increase over 2004. As a result of our continued focus on customer retention and a higher proportion of customers on long-term contracts, churn decreased to 0.9% from
1.0% in the previous year.</font></li>
  <li>
    <p align="left" style="margin-left: -20"><font color="#333333"><B><font size="2" face="Times New Roman">Network Access Services (NAS)
    </font> </B><font size="2" face="Times New Roman">&#150; NAS in service declined by 324,000 in 2005, or 2.5%, representing a higher rate of decline compared with 1.1% experienced

in the previous year. The accelerated rate of erosion reflects an increasingly competitive environment as the major cable operators in our Qu&eacute;bec and Ontario markets began to offer low-priced cable telephony services, offset partly by our new
Bell&nbsp;Digital Voice service and higher demand for access lines from Shaw Communications to deploy Voice-over-Internet Protocol (VoIP) services in western Canada.</font></font></li>
</ul>
<P align="left">
<b><font face="Times New Roman" color="#000080" size="3">
Operating Revenues</font></b></P>
<P align="left">
<font size="2" face="Times New Roman" color="#333333">
Our revenues increased by 4.0% year-over-year to reach $19,105&nbsp;million in 2005. This result, which reflected improved revenue performance across all our segments, surpassed our target growth rate of equal to or greater than GDP. At Bell&nbsp;Canada,
revenues grew by 2.8%, driven primarily by the Business segment where continued wireless strength, growth of ICT (or VAS) solution sales arising from both business acquisitions and organic growth, as well as focused execution of our Virtual Chief Information Officer (VCIO) strategy in SMB led to improved top-line results. Our Residential segment delivered solid revenue growth as a result of the performance of its video, Internet and wireless services, despite continued decreases in legacy wireline services, while Aliant revenues also increased notably due in part to its recovery from a labour disruption in 2004. In addition to the Bell&nbsp;Canada contribution, overall growth was further enhanced by the performance in the Other BCE segment, where revenues grew 9.5% at Bell&nbsp;Globemedia and 31% at Telesat.</font></P>
<P align="left">
<b><font face="Times New Roman" color="#000080" size="3">
Operating&nbsp;Income and EBITDA<SUP><font size="-1">1</font></SUP></font></b></P>
<P align="left">
<font size="2" face="Times New Roman" color="#333333">
Operating income at BCE for 2005 was $4,048&nbsp;million, an increase of $1,154&nbsp;million over the previous year, which included restructuring and other charges of $1,224&nbsp;million related primarily to the employee departure program in 2004. The results for
2005 reflect restructuring and other items of $55&nbsp;million associated with new restructuring initiatives for involuntary employee departures, as well as the relocation of employees and closing of real estate facilities related to last year&#146;s
employee departure program. Operating income before restructuring and other items<SUP>1</SUP></font></P>
<p align="left"><font face="Times New Roman">&nbsp;</font>
	</TD>
</TR>
</TABLE>&nbsp;
<TABLE border=0 cellspacing=0 cellpadding=0 width="100%">
<TR>
	<TD nowrap valign=top width="18%">
 	</TD>
	<TD nowrap valign=top width="2%">
 	</TD>
	<TD nowrap valign=top width="1%">
<p style="margin-top: -3">
<font size="2" face="Times New Roman" color="#333333">
(1)&nbsp;</font> 	</p>
 	</TD>
	<TD width="79%">
<font color="#333333"><font size="2" face="Times New Roman"> EBITDA, operating income before restructuring and other items, net earnings before restructuring and other items and net gains on investments, and free cash flow do not have any standardized meaning prescribed by Canadian generally accepted
accounting principles (GAAP) and are therefore unlikely to be comparable to similar measures presented by other companies. For more details on these measures, including a reconciliation to the most comparable GAAP measure, please refer to the
section entitled <I>Non-GAAP Financial Measures </I>contained herein.<br>
</font></font>	</TD>
</TR>
</TABLE>



<P>&nbsp;
</P>



<P> <font size="2" face="Times New Roman"><FONT color="#000080">3&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</FONT><FONT size=2 color="#333333">&nbsp;</FONT>&nbsp;Q4
  Investor Briefing</font></P>

<HR noshade align="center" width="100%" size=1 color="#333333">




<P>
<font face="Times New Roman">
&nbsp;</font></P>
<table border="0" cellpadding="0" cellspacing="0" width="100%">
  <tr>
    <td width="18%"></td>
    <td width="2%"></td>
    <td width="80%"><font color="#000080" face="Times New Roman" size="4">
The Year in Review</font>
      <p><font face="Times New Roman">&nbsp;</font></td>
  </tr>
  <tr>
    <td width="18%"></td>
    <td width="2%"></td>
    <td width="80%">
<P>
<font size="2" face="Times New Roman" color="#333333">
decreased $15&nbsp;million or 0.4% compared with the previous year. Despite an increase in revenues across all segments, Galileo cost savings and the recovery from the 2004 labour disruption at Aliant, operating income was negatively impacted by the
increased cost of acquiring a substantially higher number of wireless subscribers, the Canadian Radio-television and Telecommunications Commission&#146;s (CRTC) decision with respect to Competitor Digital Network Services (CDN), continued margin
pressure from the ongoing transformation of our product mix toward growth services, as well as the cost of restoring customer service levels following the settlement of the Entourage labour dispute in July. Also contributing to the decline in
operating income was the impact of higher net benefit plans cost and amortization expense for the year.<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At Bell&nbsp;Canada, operating income for the year was $3,755&nbsp;million, a $1,060&nbsp;million increase over 2004 resulting from the charges recognized last year in consideration of the employee departure program. Operating income
before restructuring and other items declined by $105&nbsp;million in 2005 to $3,809&nbsp;million, representing a 2.7% decrease from $3,914&nbsp;million in the previous year due to the reasons referred to previously.<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our 2005 EBITDA increased 2.2% or $167&nbsp;million to $7,597&nbsp;million compared with the previous year, reflecting improved performance at Bell&nbsp;Canada, Bell&nbsp;Globemedia and Telesat. EBITDA for Bell&nbsp;Canada was $7,187&nbsp;million,
representing a 1.1% increase over 2004, driven primarily by increases in our Business segment and at Aliant, which were partially offset by decreases in our Residential and Other Bell&nbsp;Canada segments.<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EBITDA margins for full-year 2005 were 39.8% at BCE and 41.7% at Bell&nbsp;Canada, both down 0.7 percentage points compared with 2004. The year-over-year declines reflected operating cost pressures, which included higher
wireless acquisition costs, continued erosion of high-margin legacy voice and data services in all our segments, the CRTC&#146;s CDN decision as well as the costs to restore service levels subsequent to the resolution of the labour dispute at
Entourage. The impact of these elements on EBITDA margin was largely offset by the operating cost savings achieved through Galileo.</font> </P>
<P><b><font face="Times New Roman" color="#000080" size="3">Net Earnings / Earnings per Share (EPS)</font></b></P>
      <P> <font size="2" face="Times New Roman" color="#333333"> In 2005, net earnings
        applicable to common shares were $1,891&nbsp;million, or $2.04 per common
        share, 24% higher than net earnings of $1,523&nbsp;million, or $1.65 per
        common share, for the same period last year.&nbsp;Included in earnings
        this year was a net charge of $10&nbsp;million from restructuring and
        other items and net gains on investments, compared with a net charge of
        $349&nbsp;million for the same period last year. Net earnings before restructuring
        and other items and net gains on investments<SUP>1</SUP> of $1,901 million, or $2.05
        per common share, were up $29&nbsp;million, or $0.03 per share. This represents
        an increase of 1.5% over last year, which was in line with our expectations
        of single-digit growth for 2005. On a year-to-date basis, the improvement
        in EPS before gains on investments and restructuring and other items can
        be attributed to higher EBITDA combined with the impact from the income
        tax loss monetization program between Bell&nbsp;Canada and BCI and net
        income tax savings. This more than offset the increase in net benefit
        plans cost and amortization expense.</font></P>
      <b><font face="Times New Roman" color="#000080" size="3">
Capital Expenditures</font></b>
<P>
<font size="2" face="Times New Roman" color="#333333">
For the full year, capital expenditures of $3,428&nbsp;million were $109&nbsp;million, or 3.3%, higher than 2004. Similarly, at Bell&nbsp;Canada, capital expenditures increased by 3.2%, or $96&nbsp;million, to $3,122&nbsp;million. As a percentage of revenues, Bell&nbsp;
Canada&#146;s capital expenditures increased slightly to 18.1% in 2005 from 18.0% last year, in line with our guidance range of 18% to 19% for 2005. Capital spending in 2005 reflected higher investment in the growth areas of the business and reduced
expenditures in legacy areas. Our key strategic investments this year included the expansion of our fibre-to-the-node (FTTN) footprint to deliver higher-speed broadband access, our launch of Bell&nbsp;Digital Voice, the deployment of an Evolution, Data
Optimized (EV-DO) wireless data network in certain of our markets, our Digital Subscriber Line (DSL) footprint expansion facilitated through the deployment of new high-density remotes, investment in our IP television (IPTV) platform and information
technology (IT) efficiency projects to deliver cost savings.</font></P>
    </td>
  </tr>
</table>




<P>
<font face="Times New Roman">
&nbsp;</font></P>
<P> <font size="2" face="Times New Roman"><FONT color="#000080">4&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</FONT><FONT size=2 color="#333333">&nbsp;</FONT>&nbsp;Q4
  Investor Briefing</font></P>

<HR noshade align="center" width="100%" size=1 color="#333333">




<P>
<font face="Times New Roman">
&nbsp;</font></P>
<table border="0" cellpadding="0" cellspacing="0" width="100%">
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    <td width="18%"></td>
    <td width="2%"></td>
    <td width="80%">




<P>
<font color="#333333" size="2" face="Times New Roman">
Higher spending also resulted from a return to more normal spending levels at Aliant after its labour disruption in 2004 and satellite builds at Telesat.</font></P>
<P>
<b><font face="Times New Roman" color="#000080" size="3">Cash from operating activities and free cash flow<SUP><font size="-1">1</font></SUP></font></b></P>
<P>
<font color="#333333" size="2" face="Times New Roman">
Cash from operating activities was $5,559&nbsp;million in 2005, an increase of 2.1% compared to $5,443&nbsp;million in 2004. Cash from operating activities was impacted positively by:</font></P>
      <ul>
        <li>
          <p style="margin-left: -20"><font color="#333333" size="2" face="Times New Roman">an improvement in cash earnings resulting from higher EBITDA</font></li>
        <li>
          <p style="margin-left: -20"><font color="#333333" size="2" face="Times New Roman">a significant improvement in accounts receivable collections, due to the resolution of issues associated with the implementation of our new wireless billing platform in 2004&nbsp;</font></li>
        <li>
          <p style="margin-left: -20"><font color="#333333" size="2" face="Times New Roman">an increase of $134&nbsp;million in proceeds from the sale of
accounts receivable</font></li>
        <li>
          <p style="margin-left: -20"><font color="#333333" size="2" face="Times New Roman">a decrease of $77&nbsp;million in restructuring payments relating to the restructuring initiatives of 2004 and 2005.</font></li>
      </ul>
<P>
<font color="#333333" size="2" face="Times New Roman">
These improvements were partly offset by:</font></P>
      <ul>
        <li>
          <p style="margin-left: -20"><font color="#333333" size="2" face="Times New Roman">higher
            pension and other benefit plan payments mainly at Aliant</font></li>
        <li>
          <p style="margin-left: -20"><font color="#333333" size="2" face="Times New Roman">an increase of $73&nbsp;million in income taxes paid, primarily related to the final instalment for 2004
made in 2005 as instalments were not required at Bell&nbsp;Canada in 2004</font></li>
        <li>
          <p style="margin-left: -20"><font color="#333333" size="2" face="Times New Roman">a $75&nbsp;million settlement payment received from MTS in 2004.</font></li>
      </ul>
<P>
<font color="#333333" size="2" face="Times New Roman">
We generated $662&nbsp;million of free cash flow for 2005, meeting our target of $600&nbsp;million to $800&nbsp;million for the year. On December&nbsp;16,&nbsp;2005, we adjusted our 2005 guidance for free cash flow from the range of $700&nbsp;million to $900&nbsp;million to $600
million to $800&nbsp;million to reflect the pending sale of CGI. Free cash flow of $662&nbsp;million for 2005 was $208&nbsp;million lower than the $870&nbsp;million achieved in the previous year. The decrease can be attributed to:</font></P>
      <ul>
        <li>
          <p style="margin-left: -20"><font color="#333333" size="2" face="Times New Roman">a
          decrease of $149&nbsp;million in insurance proceeds received by Telesat</font></li>
        <li>
          <p style="margin-left: -20"><font color="#333333" size="2" face="Times New Roman">an increase of $109&nbsp;million in capital expenditures related to our investment in next-generation service platforms</font></li>
        <li>
          <p style="margin-left: -20"><font color="#333333" size="2" face="Times New Roman">an $87&nbsp;million increase in common dividends
paid resulting from the $0.03 quarterly increase in dividend per common share.</font></li>
      </ul>
<P>
<font color="#333333" size="2" face="Times New Roman">
These items were offset in part by a $116&nbsp;million increase in cash from operating activities.</font></P>
    </td>
  </tr>
</table>




<P>
<font face="Times New Roman">
&nbsp;</font></P>
<TABLE border=0 cellspacing=0 cellpadding=0 width="100%">
<TR>
	<TD nowrap valign=top width="18%">
 	</TD>
	<TD nowrap valign=top width="2%">
 	</TD>
	<TD nowrap valign=top width="1%">
<p style="margin-top: -3">
<font size="2" face="Times New Roman" color="#333333">
(1)&nbsp;</font> 	</p>
 	</TD>
	<TD width="79%">
<font face="Times New Roman" size="2" color="#333333">EBITDA, operating income before restructuring and other items, net earnings before restructuring and other items and net gains on investments, and free cash flow do not have any standardized meaning prescribed by Canadian generally accepted
accounting principles (GAAP) and are therefore unlikely to be comparable to similar measures presented by other companies. For more details on these measures, including a reconciliation to the most comparable GAAP measure, please refer to the
section entitled <I>Non-GAAP Financial Measures </I>contained herein.<br>
</font>	</TD>
</TR>
</TABLE>



<P>
<font face="Times New Roman">
&nbsp;</font></P>
<P> <font size="2" face="Times New Roman"><FONT color="#000080">5&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</FONT><FONT size=2 color="#333333">&nbsp;</FONT>&nbsp;Q4
  Investor Briefing</font></P>

<HR noshade align="center" width="100%" size=1 color="#333333">
		<p></p>
<a name="glance"></a>
<TABLE border=0 cellspacing=0 cellpadding=0 width="100%">
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	<TD width=18% align=left>
	</TD>
	<TD width=2% align=left>
	</TD>
	<TD width=80% align=left colspan="5"><font size="6" face="Times New Roman" color="#000080">The Quarter at a Glance</font>
<p>&nbsp;</p></TD>
</TR>
<TR valign="bottom">
	<TD width=18% align=left>
	</TD>
	<TD width=2% align=left>
	</TD>
	<TD width=80% align=left colspan="5">
					<P><font size="2" face="Times New Roman" color="#333333">
In the fourth quarter, we regained momentum in the execution of our strategy as evidenced by our strong financial and operating performance. Our cost reduction program accelerated and we re-established consistent levels of customer service. Improved
operating performance in the quarter was driven primarily by the results of our Business and Aliant segments, as well as by the continuing successful execution of our wireless and video subscriber growth strategies, which offset the pressure on
operating income from the expected further erosion of our legacy voice and data business. This translated into overall revenue growth in Q4 2005 of 4.6% at BCE and 3.6% at Bell&nbsp;Canada. Revenues from our growth services continued to increase,
accounting for 47% of total revenues at Bell&nbsp;Canada at the end of 2005. Operating income before restructuring and other items improved by 6.6% at BCE and 6.3% at Bell&nbsp;Canada this quarter, despite higher expected acquisition costs from an increased
number of wireless gross activations and increasing wireline customer losses.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our Residential segment continued to experience solid subscriber acquisition in all its growth services (composed mainly of wireless, video and data-related products such as high-speed Internet), which helped to fully
offset the impact on revenues resulting from continued local wireline and long-distance erosion. To counter the competitive pressure of cable telephony, we continued to focus on securing multi-product households and retaining our highest-value
customers in order to enhance customer loyalty and drive higher revenue per household.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In our Business segment, while competitive pricing pressures persisted and demand for legacy wireline business services lessened, we recorded a sixth consecutive quarter of improved revenue growth as a result of
increased sales of our IP based connectivity and ICT (or VAS) solutions within the Enterprise and SMB markets, as well as continued wireless strength.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In the Aliant segment, higher wireless and Internet service revenues, as well as the recovery from the 2004 labour disruption, offset declines in its wireline business resulting from the impacts of competition,
technology substitution and regulatory restrictions.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In the Other Bell&nbsp;Canada segment, the marketplace remained challenging for our wholesale business due to competitive market pressures, customers migrating services onto their own network facilities and the CRTC&#146;s
CDN decision. The performance of this segment was positively influenced by the acquisition in November&nbsp;2004 of the operations of 360networks.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Within the Other BCE segment, Bell&nbsp;Globemedia delivered double-digit revenue growth as a result of strong advertising sales as well as higher subscription revenues. While strong television ratings and the end of the
hockey lockout favourably impacted revenue growth, higher costs associated with NHL hockey broadcasts adversely affected operating income in Q4. Continued solid operating performance at Telesat was driven largely by its acquisition of
SpaceConnection at the beginning of 2005 and higher telecommunication carrier revenues stemming from increased sales of services from its now retired Anik E2 satellite.</font></P>
					<P>
<b><font face="Times New Roman" color="#000080" size="3">
Customer Connections<br>
</font></b><font face="Times New Roman">&nbsp;</font></P>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=18% align=left>
	</TD>
	<TD width=2% align=left>
	</TD>
	<TD width=57% align=left>
<p style="text-indent: -12; margin-left: 12">
<font size="2" color="#333333">
<B><font face="Times New Roman">Connections</font></B><font face="Times New Roman" color="#333333">&nbsp;</font>
</font>
</p>
	</TD>
	<TD width=10% align=right>
<B><font size="2" face="Times New Roman" color="#333333">Q4 2005</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">
&nbsp;</font>
	</TD>
	<TD width=10% align=right>
<font size="2" color="#333333">
<B><font face="Times New Roman">31 Dec. 05</font></B><font face="Times New Roman" color="#000080">&nbsp;</font>
</font>
	</TD>
	<TD width=2% align=right>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=18% align=left>
	</TD>
	<TD width=2% align=left>
	</TD>
	<TD width=57% align=left>
<p style="text-indent: -12; margin-left: 12">
<font size="2" face="Times New Roman" color="#333333">
(in thousands)&nbsp;</font>
</p>
	</TD>
	<TD width=10% align=right>
<B><font size="2" face="Times New Roman" color="#333333">Net Activations</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">
&nbsp;</font>
	</TD>
	<TD width=10% align=right>
<font size="2" color="#333333">
<B><font face="Times New Roman">Connections</font></B><font face="Times New Roman" color="#000080">&nbsp;</font>
</font>
	</TD>
	<TD width=2% align=right>
	</TD>
</TR>
<TR>
	<TD width="18%">
	</TD>
	<TD width="2%">
	</TD>
	<TD colspan=5 width="57%">
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=18% align=left>
	</TD>
	<TD width=2% align=left>
	</TD>
	<TD width=57% align=left>
<p style="text-indent: -12; margin-left: 12">
<font size="2" face="Times New Roman" color="#333333">
Wireless&nbsp;</font>
</p>
	</TD>
	<TD width=10% align=right>
<B><font size="2" face="Times New Roman" color="#333333">210</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">
&nbsp;</font>
	</TD>
	<TD width=10% align=right>
<font size="2" color="#333333">
<B><font face="Times New Roman">5,441</font></B><font face="Times New Roman" color="#000080">&nbsp;</font>
</font>
	</TD>
	<TD width=2% align=right>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=18% align=left>
	</TD>
	<TD width=2% align=left>
	</TD>
	<TD width=57% align=left>
<p style="text-indent: -12; margin-left: 12">
<font size="2" face="Times New Roman" color="#333333">
High-Speed Internet&nbsp;</font>
</p>
	</TD>
	<TD width=10% align=right>
<B><font size="2" face="Times New Roman" color="#333333">61</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">
&nbsp;</font>
	</TD>
	<TD width=10% align=right>
<font size="2" color="#333333">
<B><font face="Times New Roman">2,195</font></B><font face="Times New Roman" color="#000080">&nbsp;</font>
</font>
	</TD>
	<TD width=2% align=right>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=18% align=left>
	</TD>
	<TD width=2% align=left>
	</TD>
	<TD width=57% align=left>
<p style="text-indent: -12; margin-left: 12">
<font size="2" face="Times New Roman" color="#333333">
Video&nbsp;</font>
</p>
	</TD>
	<TD width=10% align=right>
<B><font size="2" face="Times New Roman" color="#333333">50</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">
&nbsp;</font>
	</TD>
	<TD width=10% align=right>
<font size="2" color="#333333">
<B><font face="Times New Roman">1,727</font></B><font face="Times New Roman" color="#000080">&nbsp;</font>
</font>
	</TD>
	<TD width=2% align=right>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=18% align=left>
	</TD>
	<TD width=2% align=left>
	</TD>
	<TD width=57% align=left>
<p style="text-indent: -12; margin-left: 12">
<font size="2" face="Times New Roman" color="#333333">
NAS&nbsp;</font>
</p>
	</TD>
	<TD width=10% align=right>
<B><font size="2" face="Times New Roman" color="#333333">(122</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" color="#333333">
<B>
<font face="Times New Roman">
)</font></B><font face="Times New Roman" color="#000080">&nbsp;</font></font>
	</TD>
	<TD width=10% align=right>
<font size="2" color="#333333">
<B><font face="Times New Roman">12,581</font></B><font face="Times New Roman" color="#000080">&nbsp;</font>
</font>
	</TD>
	<TD width=2% align=right>
	</TD>
</TR>
<tr>
	<TD width="18%">
	</TD>
	<TD width="2%">
	</TD>
	<TD colspan=5>
<HR noshade size=1>
	</TD>
</tr>
<tr>
	<TD width="18%">
	</TD>
	<TD width="2%">
	</TD>
	<TD colspan=5>
<HR noshade size=1>
	</TD>
</tr>
<TR height="144">
	<TD width="18%">
	</TD>
	<TD width="2%">
	</TD>
	<TD colspan=5 width="80%">
<P><br></P>
<ul>
  <li>
    <p style="margin-left: -20"> <B><font size="2" face="Times New Roman" color="#333333">Wireless
    </font> </B><font size="2" face="Times New Roman" color="#333333">&ndash; We
    grew our wireless base by 210,000 customers this quarter, down from net
    activations of 217,000 in Q4 2004. Notwithstanding a record number of gross
    activations, the decrease in year-over-year net activations was due to
    slightly higher churn. In line with guidance for 2005, we expanded our
    customer base by 10.5% year-over-year to 5,441,000.</font></li>
  <li>
    <p style="margin-left: -20"> <font face="Times New Roman"> <B><font size="2" color="#333333">High-Speed
    Internet </font> </B><font size="2" face="Times New Roman" color="#333333">&ndash;
    We added 61,000 net new high-speed Internet customers this quarter, compared
    with net activations of 91,000 in Q4 2004, resulting in a 21% expansion of
    our subscriber base to reach an end-of-year count of 2,195,000. Subscriber
    growth during the quarter slowed primarily as a result of aggressive price
    competition in the entry-level segment of the market and increased emphasis
    by certain</font></font></li>
</ul>
	</TD>
</TR>
</TABLE>
&nbsp;
<P> <font size="2" face="Times New Roman"><FONT color="#000080">6&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</FONT><FONT size=2 color="#333333">&nbsp;</FONT>&nbsp;Q4
  Investor Briefing</font></P>

<HR noshade align="center" width="100%" size=1 color="#333333">



<p>&nbsp;</p>



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    <td width="18%"></td>
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    <td width="80%">



<P>
<font size="2" face="Times New Roman" color="#333333">
cable operators on selling multi-product bundles at discounted rates. This was offset partly by higher net additions at Aliant.</font></P>
      <ul>
        <li>
          <p style="margin-left: -20"><B><font size="2" face="Times New Roman" color="#333333">Video
          </font> </B><font size="2" face="Times New Roman" color="#333333">&#150; Our video business had its best Q4 since 2002, activating 50,000 net new customers, an increase of 16.3% compared with Q4 2004. Our video subscriber base grew by 14.9% in 2005 to reach 1,727,000. Although churn increased
by 0.2 percentage points year-over-year to 1.0%, reflecting aggressive price competition brought about by cable operators&#146; emphasis on bundling cable service with other products, it remained unchanged compared with the previous quarter.</font></li>
        <li>
          <p style="margin-left: -20"> <B><font size="2" face="Times New Roman" color="#333333"> Network Access Services (NAS)
          </font> </B><font size="2" face="Times New Roman" color="#333333"> &#150; NAS in service declined by 122,000 or 1.0% during the quarter, reflecting competitive losses and lower demand for second lines, offset partly by higher demand for access lines from Shaw
Communications to deploy Voice-over-Internet Protocol (VoIP) services in western Canada. The increase in the year-over-year NAS rate of decline can be attributed mainly to the ramp up in competition from the major cable operators in Ontario and
Qu&eacute;bec.</font></li>
      </ul>
<b>
      <font size="3" color="navy" face="Times New Roman">
Operating Revenues</font></b>
<p><font size="2" face="Times New Roman" color="#333333">Our revenues increased by 4.6% year-over-year to reach $4,986&nbsp;million in the quarter, reflecting improved revenue performance across most of our segments. At Bell&nbsp;Canada, revenues grew by 3.6%, driven primarily by the Business segment where higher
data revenues from focused execution of our ICT and VCIO strategies and continued wireless strength positively impacted top-line results, and by Aliant where recovery from a labour disruption in 2004 and the solid performance of its wireless and
Internet businesses translated into increased revenue growth. In our Residential segment, we delivered positive revenue growth in the quarter as the continued loss of legacy wireline business was more than offset by growth in video, Internet and
wireless services. Higher revenues at our Other BCE segment, fuelled by stronger advertising and subscriber revenues at Bell&nbsp;Globemedia and higher carrier and broadcast revenue at Telesat combined with the positive impact from its acquisition of
SpaceConnection, further contributed to overall revenue growth.</font></p>
<P>
<b>
<font size="3" color="navy" face="Times New Roman">
Operating&nbsp;Income and EBITDA</font></b></P>
<P>
<font size="2" face="Times New Roman" color="#333333">
Operating income at BCE for the quarter was $979&nbsp;million, compared with $814&nbsp;million for Q4 2004, while Bell&nbsp;Canada operating income increased to $884&nbsp;million from $731&nbsp;million for the same respective period. The results for Q4 2004 included the
recognition of $126&nbsp;million of restructuring and other items related to last year&#146;s employee departure program at Aliant and costs related to the relocation of employees and the closure of excess real estate facilities at Bell&nbsp;Canada, compared
with a charge of $23&nbsp;million for Q4 2005 related to new restructuring initiatives for involuntary employee departures. Operating income before restructuring and other items for Q4 2005 increased by 6.6%, or $62&nbsp;million, at BCE and by 6.3%, or $54
million, at Bell&nbsp;Canada, compared with the previous year. Higher revenues, cost savings from Galileo and lower cost of acquisition (COA) expense in our video unit more than offset continued margin pressure from the ongoing transformation of our
product mix towards growth services, the expected higher COA expense from an increased number of wireless gross activations, the CRTC&#146;s CDN decision and higher amortization expense at BCE.<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our EBITDA for the quarter improved $64&nbsp;million, or 3.6%, to $1,858&nbsp;million compared with last year, reflecting an increase at Bell&nbsp;Canada offset partly by a decrease at Bell&nbsp;Globemedia. At Bell&nbsp;Canada, EBITDA was
$1,729&nbsp;million this quarter, representing a 3.0% increase over last year, due primarily to improved performance at our Business, Aliant and Other Bell&nbsp;Canada segments, which was partly offset by a decrease at our Residential segment.<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EBITDA margin in the fourth quarter was 37.3% at BCE and 38.8% at Bell&nbsp;Canada, down 0.3 and 0.2 percentage points, respectively, compared with Q4 2004. The year-over-year declines reflected a number of expected impacts,
including continued loss of higher-margin legacy voice and data customers in all our businesses, the ongoing transformation of our product mix towards growth services, higher wireless acquisition costs and the CRTC&#146;s CDN decision.</font></P>
    </td>
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		</table>
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</P>

<P> <font face="Times New Roman"> <font color="#000080" size="2">7</font><font size="2" face="Times New Roman"><FONT color="#000080">&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</FONT><FONT size=2 color="#333333">&nbsp;</FONT>&nbsp;Q4
  Investor Briefing</font></font></P>

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				<td width="80%"><font color="navy" face="Times New Roman" size="4">The Quarter at a Glance</font>
					<p></p>
				</td>
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					<p><b><font size="3" color="#000080" face="Times New Roman">Net Earnings / Earnings per Share</font></b></p>
					<p><font size="2" color="#333333" face="Times New Roman">Net earnings applicable to common shares for Q4 2005 were $413&nbsp;million, or $0.44 per common share, compared to net earnings of $417&nbsp;million, or $0.45 per common share, for the same period last year.&nbsp;Included in Q4 earnings this year was a net charge of $16&nbsp;million for restructuring and other items, compared with no charge in Q4 2004. Net earnings before restructuring and other items and net gains on investments for Q4 2005 were $429&nbsp;million, or $0.46 per common share, up $12&nbsp;million, or $0.01 per share. This increase can be attributed to higher EBITDA, partly offset by lower other income stemming from unfavourable changes in foreign exchange rates. We also recorded a gain of $44&nbsp;million in the quarter associated with the phase-out, over the next three years, of a discretionary allowance program, which substantially offset the increase in pension expense.</font></p>
                    <font face="Times New Roman"><b>
					<font size="3" color="#000080">Capital Expenditures</font></b></font>
                    <p><font size="2" color="#333333" face="Times New Roman">Capital expenditures were $831&nbsp;million this quarter, or 20% lower than the same period last year. As a percentage of revenues, capital expenditures decreased this quarter to 16.7% from 22% last year, reflecting a reduction at Bell&nbsp;Canada partly as a result of higher spending earlier in the year. Greater investment in IT systems and other efficiency-related processes to deliver future cost savings was more than offset by lower expenditures on network infrastructure and DSL footprint expansion, lower spending to support business customer contracts and the timing of spending on certain strategic initiatives such as our FTTN footprint expansion and IPTV platform development.</font></p>
					<p><b><font size="3" color="navy" face="Times New Roman">Cash from operating activities and free cash flow</font></b></p>
					<p><font size="2" color="#333333" face="Times New Roman">In Q4 2005, cash from operating activities was $1,585&nbsp;million, an increase of 24% compared with $1,279&nbsp;million in Q4 2004. Cash from operating activities was impacted positively by:</font></p>
					<ul>
						<li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">an improvement in cash earnings from higher EBITDA
						</font><li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">an increase of $84&nbsp;million in proceeds from the sale of accounts receivable
						</font><li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">a decrease of $191&nbsp;million in restructuring payments relating to the restructuring initiatives of 2004 and 2005.
					</font></ul>
					<p><font size="2" color="#333333" face="Times New Roman">These improvements were partly offset by lower accounts receivable collections in our wireless business during Q4 2005, compared with a higher-than-usual collection volume in Q4 2004 as a result of the implementation of our new wireless billing platform, notwithstanding a significant improvement year-over-year in days sales outstanding.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Free cash flow of $423&nbsp;million generated in Q4 2005 was $544&nbsp;million better than the negative $121&nbsp;million reported for Q4 2004. The improvement can be attributed to:</font></p>
					<ul>
						<li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">the $306&nbsp;million increase in cash from operating activities</font>
						<li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">an improvement of $212&nbsp;million in capital expenditures, as described previously</font>
						<li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">$30&nbsp;million in insurance proceeds received by Telesat in Q4 2005.</font>
					</ul>
					<p><font size="2" color="#333333" face="Times New Roman">These items were offset in part by a $29&nbsp;million increase in common dividends paid, resulting from the $0.03 quarterly increase in dividend per common share.</font></p>
					<font face="Times New Roman"><b>
					<font size="3" color="navy">
					Strategic Priorities</font></b></font>
					<p><font size="2" color="#333333" face="Times New Roman">Our strategy is to deliver unrivalled integrated communication services to customers and to take a leadership position in setting the standard in Internet Protocol (IP). During the quarter, we made significant progress on each of our three key strategic priorities.</font></p>
					<p><i><font size="2" color="#333333" face="Times New Roman">1) Enhancing customer experience while targeting lower costs (our Galileo program)</font></i></p>
					<p><font size="2" color="#333333" face="Times New Roman">In our Residential segment:</font></p>
					<ul>
						<li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">We continued to execute on our multi-product household strategy. At the end of 2005, nearly 60% of the total households in our Ontario and Qu&eacute;bec footprint subscribed to two or more products (a combination of local wireline, Internet, video and long distance services) and over 22% of total households subscribed to three or more products.</font>
						<li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">By the end of 2005, 2.3&nbsp;million customers in Ontario and Qu&eacute;bec were enjoying the benefits of a single bill for their wireline, Internet, and video services, representing more than a two-fold increase since the</font>
					</ul>
				</td>
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		</table>
&nbsp;
<P> <font size="2" face="Times New Roman"><FONT color="#000080">8&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</FONT><FONT size=2 color="#333333">&nbsp;</FONT>&nbsp;Q4
  Investor Briefing</font></P>
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					<p><font size="2" color="#333333" face="Times New Roman">beginning of 2005. Simplification of the billing process not only improves the customer experience, but also lowers costs since we issue fewer invoices. During the fourth quarter, we initiated the process to migrate Bell&nbsp;Mobility customers who receive a single invoice for their other Bell&nbsp;Canada services to the one bill platform.</font></p>
					<ul>
						<li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">We expanded the scope of OrderMax, our order entry tool that enables customers to order any Bell&nbsp;Canada product from any channel, to include Bell&nbsp;ExpressVu. OrderMax is currently available to over 50% of our customer service agents.
						</font><li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">We launched the &lsquo;beta&rsquo; site of our new Bell.ca website to the general public. The new website enhances the customer experience through a simplified and consistent page layout, a single shopping process for all our products, an improved search engine and easy access to online bills.
					</font></ul>
					<font size="2" color="#333333" face="Times New Roman">
					In our Business segment:
					</font>
					<ul>
						<li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">We continued making progress on moving our core traffic to a national IP multi-protocol label-switching (IP-MPLS) network. At the end of 2005, 78% of the migratable traffic on our core network was IP-based, which surpassed our year-end objective of 75%.
						</font><li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">As part of our shift to IP, we continued the process of rationalizing legacy data services. In 2005, we stopped selling 28 legacy data services. Since we began this initiative in 2004, we have discontinued 47 legacy data services.
						</font><li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">The move to IP continued this quarter with 12 large enterprise customers contracted to implement IP Virtual Private Networks (IPVPN), including Royal Bank Financial Group and Xerox. This brought the total number of Enterprise customers implementing IPVPN networks as of the end of 2005 to 143.
						</font><li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">At the end of 2005, 656 Enterprise customers were enrolled on &lsquo;Service Promise&rsquo;, which is our commitment to provide customers with a clearly defined and consistent level of service in the delivery of connectivity services.
					</font></ul>
					<p><font size="2" color="#333333" face="Times New Roman">Overall, our various Galileo initiatives led to cost reductions in Q4 of $171&nbsp;million, bringing total savings for the year to $524&nbsp;million, which were in line with our run-rate savings target of $500-$600&nbsp;million for 2005. These cost savings resulted mainly from:</font></p>
					<ul>
						<li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">the employee departures that took place in 2004
						</font><li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">reduced procurement costs
						</font><li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">call centre efficiencies and optimization
						</font><li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">the elimination of network elements and standardization of core operating processes.
					</font></ul>
					<p><font size="2" color="#333333" face="Times New Roman">As part of our commitment to transform our cost structure, we began a comprehensive program to review procurement spending and related processes during the fourth quarter with the goal of implementing improved spending controls and reducing our approximate $8.5&nbsp;billion of annual external operating and capital expenditures.</font></p>
					<p><i><font size="2" color="#333333" face="Times New Roman">2) Deliver abundant bandwidth to enable next-generation services</font></i></p>
					<p><font size="2" color="#333333" face="Times New Roman">We continued our FTTN rollout by deploying another 194 neighbourhood nodes in Q4, raising the total number to 2,048, which surpassed our objective to deploy more than 2,000 nodes by the end of 2005.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;During Q4, we extended the availability of our EV-DO wireless data network to western Canada. EV-DO technology is the third generation (3G) of wireless networks delivering average data download speeds of 400-700 kilobits per second (Kbps) with peaks of up to 2.4 Mbps. Given these speeds, EV-DO enables a new generation of sophisticated wireless data solutions, as well as fuels the speed and potential for current tools such as e-mail, file downloads, instant messaging, streaming video and games.</font></p>
					<p><i><font size="2" color="#333333" face="Times New Roman">3) Create next-generation services to drive future growth</font></i></p>
					<p><font size="2" color="#333333" face="Times New Roman">We ended 2005 with approximately 81,000 wireless subscribers on our &lsquo;10-4&rsquo; push-to-talk service, which included a significant number of non-business consumers.</font></p>
					<p><font size="2" color="#333333" face="Times New Roman">In addition, our Residential segment:</font></p>
					<ul>
						<li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">Introduced our first GSM-compatible handset and launched Canada&rsquo;s first flat per-minute rate billing service for global roaming on GSM networks in up to 150 countries for Bell&nbsp;Mobility customers.
					</font></ul>
				</td>
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		</table>
		<p></p>

<p><font size="2" face="Times New Roman"><FONT color="#000080">9&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</FONT><FONT size=2 color="#333333">&nbsp;</FONT>&nbsp;Q4
  Investor Briefing</font></p>
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				<td width="80%"><font color="navy" face="Times New Roman" size="4">
The Quarter at a Glance</font>
                  <p>&nbsp;</p>
                </td>
			</tr>
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				<td width="18%"></td>
				<td width="2%"></td>
				<td width="80%">
					<ul>
						<li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">Announced the launch of the first mobile streaming video clip service in Canada. Bell&nbsp;Mobility customers who subscribe to the service can instantly view the latest in news, weather, sports and entertainment highlights.
						</font>
						<li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">Introduced a new full-track mobile music download service. Subscribers will have instant access to a music library allowing for the ability to browse, review, download and share music with others.
						</font>
						<li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">Announced the addition of more High Definition (HD) sports programming, offering Bell&nbsp;ExpressVu customers the most HD channels currently available in Canada.
					</font>
					</ul>
					<font size="2" color="#333333" face="Times New Roman">
					Our SMB unit:
					</font>
					<ul>
						<li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">Grew its VAS service offerings primarily through Enterprise Resource Planning (ERP), hosting and other managed services, which are important growth drivers given their ability to create incremental connectivity revenues and to solidify customer relationships.</font>
						<li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">Began to market and sell customized digital video surveillance solutions to Canadian businesses that are being developed at our newly opened innovation centre established to develop IP-based technology and applications for SMB customers and governmental bodies.</font>
					</ul>
					<font size="2" color="#333333" face="Times New Roman">	Our Enterprise unit:
					</font>
					<ul>
						<li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">Sold 275,000 IP-enabled lines on customer premises equipment (CPE) by the end of the year, representing a 90% increase in 2005.</font>
						<li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">Continued its focus on developing productivity-enhancing solutions for the health sector by launching a fully integrated wireless communications solution for Kingston General Hospital that features a secure wireless medical record system, a point-of-care computer that accommodates various clinical procedures, and a new wireless phone system throughout the patient care areas.</font>
					</ul>
					<p><font face="Times New Roman" color="#000080" size="3"><b>Other Corporate Developments</b></font></p>
					<p><font size="2" color="#333333" face="Times New Roman">Under our asset review program, we announced on December&nbsp;2,&nbsp;2005 an agreement to reduce our equity interest in Bell&nbsp;Globemedia from 68.5% to 20%. Following completion of all closing conditions and subject to receipt of the required regulatory approvals expected later in 2006, we will sell an 8.5% equity interest in Bell&nbsp;Globemedia to The Woodbridge Company Limited (&#147;Woodbridge&#148;) and a 20% stake to each of Ontario Teachers&rsquo; Pension Plan Board and Torstar Corporation for aggregate cash proceeds of $685&nbsp;million. In conjunction with the agreement to make these ownership changes, Bell&nbsp;Globemedia has restructured its capital on a basis more appropriate to ongoing operations through additional borrowing and a return of capital to its existing shareholders. The recapitalization, which was completed in January&nbsp;2006, resulted in a cash distribution of $607&nbsp;million to us. By retaining a 20% equity inter
est in the company, we have maintained our strong relationship with Bell&nbsp;Globemedia, allowing us to continue participating in the growth of Canada&rsquo;s leading media property, and secured ongoing access to media content thereby enhancing our growth services platforms.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On December&nbsp;16,&nbsp;2005, we announced our decision to sell our stake in CGI following a review of our investment determining that it was no longer strategically essential for BCE to hold an equity interest in CGI given our focus on providing network-centric managed services and applications. On the closing date of the transaction (January&nbsp;12,&nbsp;2006), we received cash proceeds of $859&nbsp;million from CGI, reducing our ownership stake from 29.8% to 8.6%. We also extended our long-term commercial relationship with CGI. Our existing information systems and technology (IS/IT) outsourcing contract, commercial alliance agreement and network management agreement making Bell&nbsp;Canada CGI&rsqu
o;s preferred telecom services provider all have been extended by four years until June&nbsp;2016.</font></p>
					<p><b><font color="navy" face="Times New Roman" size="4">Financial Results Analysis</font></b></p>
                    <b><font face="Times New Roman" color="#000080" size="3">
					Residential segment</font></b>
					<p><font size="2" color="#333333" face="Times New Roman">Residential revenues increased by 0.7% in the fourth quarter of 2005 to $1,924&nbsp;million, reflecting the continued expansion of our wireless, video and high-speed Internet subscriber bases and an increase in video ARPU, offset almost entirely by lower wireline (local and access and long distance) revenues. Although overall Residential revenue growth slowed somewhat compared with previous</font></p>
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		<p></p>

<P> <font face="Times New Roman"> <font color="#000080" size="2">10</font><font size="2" face="Times New Roman"><FONT color="#000080">&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</FONT><FONT size=2 color="#333333">&nbsp;</FONT>&nbsp;Q4
  Investor Briefing</font></font></P>
		<HR noshade align="center" width="100%" size=1 color="#333333">
		<P>
<font face="Times New Roman">
&nbsp;</font></P>
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					<p><font size="2" color="#333333" face="Times New Roman">quarters, this result was anticipated given increased competition from cable telephony, which adversely affected long distance and local and access service revenues.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Local and access revenues, which represents the largest proportion of our Residential segment revenues, declined this quarter compared with the fourth quarter of 2004, due mainly to NAS declines which resulted in lower basic service and related SmartTouch feature revenues, offset partly by an increase in wireline maintenance plan revenues following price increases implemented in the previous quarter. NAS decreased this quarter primarily as a result of losses to competitive local exchange carriers (CLECs), cable telephony and continued pressure from growth in high-speed Internet access which reduces the need for second telephone lines, while the impact from other VoIP providers and customers substituting wireline with wireless telephone service remained minimal. The rate of year-over-year NAS losses increased this quarter as several major cable operators operating in our territory increased their marketing efforts and expanded the footprint of their low-priced local teleph
ony offerings in certain of our Ontario and Qu&eacute;bec markets.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Long distance revenues this quarter decreased year-over-year as a result of lower average revenue per minute (ARPM) and lower international prepaid calling card revenue. Lower ARPM reflected increased competition from non-traditional long distance providers, the impact of our $5 Long Distance Bundle (which was discontinued in July&nbsp;2005) and Block-of-Time (BOT) minute plans, as well as a lower volume of higher priced overseas minutes. Overall minutes also declined compared with the same quarter last year as usage gains stemming from our bundle product were more than offset by losses of domestic and overseas minutes to alternative, non-traditional long distance service providers.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Residential data revenues grew this quarter, fuelled by further growth of our high-speed Internet subscriber base, an increase in revenues from our Sympatico.MSN.ca web portal and Bell&nbsp;Sympatico value-added services. Our Sympatico.MSN.ca portal revenues increased by 65% over the fourth quarter of 2004. The portal currently averages 17.2&nbsp;million unique visitors per month, or 87% of online Canadians.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Residential wireless revenues for the quarter increased year-over-year as a result of a higher average number of customers compared with last year, price increases for certain services and features implemented earlier in the year and increased adoption of feature and data services. Overall revenue growth was dampened by the loss of high-value customers in the early part of 2005 due to billing system conversion issues and a higher proportion of customers choosing prepaid service or postpaid monthly packages that include a large number of in-plan minutes and free unlimited local airtime usage for up to six months.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Video revenues increased significantly in Q4 2005, driven by substantial year-over-year subscriber growth and higher ARPU reflecting the impact from price increases implemented during the year and the success of our strategy to upsell customers to higher priced programming packages.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our Residential segment reported operating income of $444&nbsp;million this quarter, down 4.3% compared with the fourth quarter of 2004. This decrease was due primarily to a higher rate of decline in our high-margin residential NAS wireline customer base and higher wireless marketing costs related to an increased level of advertising and sales activity. These factors were offset partially by higher revenues, lower contact centre costs driven by an improvement in the first-call resolution rate and outsourcing, and cost savings associated with Galileo.</font></p>
                    <font face="Times New Roman" color="#000080" size="3"><b>Business segment</b></font>
					<p><font size="2" color="#333333" face="Times New Roman">Business segment revenues for the fourth quarter of 2005 increased by 6.0% over the same quarter last year to reach $1,627&nbsp;million, reflecting higher revenues from our Enterprise and SMB units, and the positive impact from the acquisition of 360networks in November&nbsp;2004 which increased our customer base and gave us an extensive fibre network across major cities in western Canada. This solid revenue performance was offset slightly by a decline in total revenues at Bell&nbsp;West, due mainly to revenues received in 2004 from the Government of Alberta (GOA) to build a next-generation broadband access network (Alberta SuperNet).</font></p>
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		<P></P>

<P> <font size="2" face="Times New Roman"><FONT color="#000080">11&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</FONT><FONT size=2 color="#333333">&nbsp;</FONT>&nbsp;Q4
  Investor Briefing</font></P>
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					<p><font face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<font size="2" color="#333333" face="Times New Roman">Continued growth of higher-value wireless subscribers and increased data revenues drove solid revenue improvement at our Enterprise unit. Data delivered strong year-over-year performance, due to solid growth in IP-based connectivity and ICT (or VAS) revenues. ICT revenues grew by 28% in Q4 2005, compared with last year, mostly as a result of acquisitions, organic growth, and outsourcing. These increases in data and wireless revenues were partially offset by declines in long distance and local and access revenues, due to further erosion of our legacy voice and data business, the reprice of some existing wireline business in response to competitive market pressures and the continued migration of our voice and data traffic to IP-based systems.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our Enterprise unit also signed a five-year contract with RBC Financial Group, Canada&rsquo;s largest financial institution, to implement a fully managed IP solution, converting approximately 8,400 of the bank&rsquo;s phone lines at its head office in Toronto to VoIP.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The SMB unit delivered its best quarter of the year, contributing significantly to the solid financial performance of our Business segment. Revenues generated from SMB customers increased this quarter as increases in data products and services and wireless revenues more than compensated for the decreases in long distance and local and access revenues and the sale of our conferencing solutions operations in the United States. Despite a highly competitive market environment, data revenue growth in Q4 2005 was driven by the continued strong adoption of our VCIO strategy and cross-selling opportunities with companies acquired in 2005 (including Nexxlink Technologies&nbsp;Inc., and CSB Systems, which are a part of Bell&nbsp;Business Solutions&nbsp;Inc.). This resulted in higher VAS and equipment sales year-over-year, which grew organically by 60% in the quarter, as well as an increase in the number of new DSL high-speed Internet access service connections. Long distance revenu
es decreased, due mainly to the combined impact of lower volumes and competitive pricing pressures, and a weakening of our pay-phone business that is directly attributable to wireless and Internet substitution. Similarly, local and access revenues were also lower due to pressure from our declining pay-phone business and NAS losses to alternative telephony providers.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bell&nbsp;West continued to grow its Enterprise and SMB customer bases during Q4 2005, leading to increases in local and access and long distance revenues, as well as the sale of services on the Alberta SuperNet completed and accepted by the GOA in the fourth quarter. These increases were more than offset by revenues earned in Q4 2004 for construction of the Alberta SuperNet.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Business segment operating income for the fourth quarter of 2005 increased by 29% to $236&nbsp;million, due largely to a year-over-year increase in revenues and the positive impact from our Galileo cost-reduction initiatives. This was mitigated by continued margin pressure from competitive pricing and lower demand, the loss of higher-margin legacy voice and data business, the ongoing shift of voice and data traffic to lower-margin IP-based growth services and a slight increase in net benefits plans cost.</font></font></p>
					<ul>
						<li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">In the Enterprise unit, operating income increased in the quarter, despite the negative margin impact from steady progress in transforming our product mix towards growth services, due mainly to solid revenue growth and focused cost management.</font>
						<li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">Similarly, our SMB unit also had higher fourth-quarter operating income year-over-year, due to strong revenue performance, lower selling, general and administrative costs and a decrease in amortization expense, offset partially by higher operating expenses stemming from recent business acquisitions and margin erosion related to the shift from legacy voice and data services to VCIO revenues.</font>
						<li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">Bell&nbsp;West recorded lower operating income in the fourth quarter of 2005, due primarily to lower data revenues and higher amortization expense.</font>
					</ul>
                    <font face="Times New Roman" size="3" color="#000080"><b>	Aliant</b></font>
					<p><font size="2" color="#333333" face="Times New Roman">Aliant segment revenues were $535&nbsp;million in the fourth quarter, reflecting an increase of $29&nbsp;million, or 5.7%, compared with the same period last year. Continued strong growth in wireless and Internet services, as well as a recovery from the 2004 labour disruption, offset declines in other areas due to impacts of competition, wireless and Internet substitution, and regulatory restrictions.</font></p>
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<P> <font size="2" face="Times New Roman"><FONT color="#000080">12&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</FONT><FONT size=2 color="#333333">&nbsp;</FONT>&nbsp;Q4
  Investor Briefing</font></P>
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					<p><font size="2" color="#333333" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aliant&rsquo;s wireless revenue increased in the fourth quarter, driven by an 11.9% year-over-year increase in its wireless customer base and higher ARPU. Subscriber results included a 23% increase in digital customers, reflecting Aliant&rsquo;s expanded service area coverage and digital wireless network, enhanced dealer network that improved market penetration and broad product selection. In addition, ARPU increased in the quarter, reflecting the impacts of a higher percentage of customers subscribing to digital service and an increase in average minutes of use.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Data revenues increased in the fourth quarter as higher Internet revenues and recovery from the 2004 labour disruption were offset slightly by other data revenue declines from the continued rationalization of circuit networks by customers and the negative impact of the CRTC&rsquo;s CDN decision, which amounted to $1.9&nbsp;million in the quarter. The growth in Internet revenues was attributable to year-over-year subscriber growth of 7.9%, reflecting a 42% growth in Aliant&rsquo;s high-speed Internet customer base. The expansion of the subscriber base reflected expansion of high-speed Internet service into new areas, the migration of dial-up customers to higher-speed products, successful marketing programs and an emphasis on bundling Internet service with other products.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Long distance revenues declined in the fourth quarter, due to lower per-minute pricing and a decline in minutes of use arising from intense competition, substitution of long distance calling with Internet and wireless options, and the use of contact centre management tools (such as integrated voice response systems) that reduce the duration of calls.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Local and access revenues also decreased on a year-over-year basis in the quarter. This resulted mainly from a 1.5% decline in the NAS customer base since Q4 2004, reflecting losses to the competition and technology substitution. In addition, the CRTC&rsquo;s regulatory restrictions continue to place pressure on Aliant&rsquo;s local and access revenue with respect to bundling and packaging of local services with other non-regulated services, and limitations imposed with respect to customer win-back promotions. Moreover, enhanced service features revenue also declined as a higher number of customers received bundling discounts.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Terminal sales and other revenues increased for the fourth quarter, due mainly to higher product sales reflecting Aliant&rsquo;s recovery from its 2004 labour disruption.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Operating income at Aliant in the fourth quarter was $105&nbsp;million or $82&nbsp;million higher compared with the same period last year. The full impact of growth and recovery from the 2004 labour disruption and the non-recurrence in 2005 of a $67&nbsp;million restructuring charge related to the voluntary early retirement program in December&nbsp;2004 was partially offset by the impact of the CDN decision and an increase in net benefit plans cost. Operating expense increases required to drive revenue growth were contained by sound expense management and reflected the cost savings from Aliant&rsquo;s 2004 voluntary early retirement program.</font></p>
                    <font face="Times New Roman" size="3" color="#000080"><b>Other Bell&nbsp;Canada segment</b></font>
					<p><font size="2" color="#333333" face="Times New Roman">Other Bell&nbsp;Canada segment revenues for the fourth quarter of 2005 were $494&nbsp;million, representing a decrease of $17&nbsp;million or 3.3% compared with the same period in 2004. The decline was due mainly to the performance of our wholesale unit that was affected by the impact of the CRTC&rsquo;s CDN decision (which reduced revenues by $15&nbsp;million in the quarter), lower long distance revenues resulting from a decline in switched minute volumes and continued competitive pricing pressure, and weaker data revenues as a result of customers migrating services onto their own network facilities. This was offset partially by the contribution to revenues from the acquisition of 360networks late in the fourth quarter of 2004 and a contract to help restore telecommunications service to the areas affected in the United States by hurricane Katrina.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Operating income for the Other Bell&nbsp;Canada segment was $99&nbsp;million this quarter, up from $61&nbsp;million in Q4 2004. The amount reported in Q4 2004 included restructuring and other charges of $56&nbsp;million, relating to the relocation of employees and closure of excess real estate facilities associated with our employee departure program. Operating income before restructuring items increased 5.1% to $123&nbsp;million this quarter compared with $117&nbsp;million in the same period last year, reflecting lower costs due to fulfillment of our cross-border exchange traffic commitments for the year and the consequent purchase of</font></p>
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<P> <font size="2" face="Times New Roman"><FONT color="#000080">13&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</FONT><FONT size=2 color="#333333">&nbsp;</FONT>&nbsp;Q4
  Investor Briefing</font></P>
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				<td width="80%"><font color="navy" face="Times New Roman" size="4">The Quarter at a Glance</font>
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					<p><font size="2" color="#333333" face="Times New Roman">termination minutes for southbound U.S. traffic at a lower rate. Lower revenues partly offset the positive impacts on operating income.</font></p>
                    <font face="Times New Roman" size="3" color="#000080"><b>Other BCE segment</b></font>
					<p><font size="2" color="#333333" face="Times New Roman">Other BCE segment revenues were $596&nbsp;million this quarter or 13.3% higher than the same period in 2004, reflecting higher revenues at Bell&nbsp;Globemedia and Telesat.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bell&nbsp;Globemedia&rsquo;s revenues for the quarter were $465&nbsp;million, up 14.8% from Q4 2004. Total advertising revenues grew by 15.7% in Q4 2005, reflecting the strength of CTV Television&rsquo;s schedule, which included 9 of the top 10 and 14 of the top 20 regularly scheduled programs during the fall season among all viewers, higher national and careers advertising at The Globe and Mail, as well as increased advertising from the resumption of hockey broadcasts on our sports specialty channels TSN and RDS following the end of the NHL players&rsquo; lockout in Q3 2005. Bell&nbsp;Globemedia&rsquo;s subscriber revenues grew by 11.7% this quarter, due primarily to strong specialty channel growth and increased online subscription at The Globe and Mail, as well as a larger number of subscribers and an increase in the home delivery rate for The Globe and Mail implemented at the beginning of 2005.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telesat&rsquo;s revenues increased by 15.7% to $118&nbsp;million this quarter, primarily as a result of higher revenues from its acquisition of SpaceConnection, increased sales of services from its Anik E2 satellite (which was retired in November&nbsp;2005), and higher overall broadcast revenues.
						</font></p>
					<ul>
						<li>
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">SpaceConnection was acquired in January&nbsp;2005 and is a provider of programming-related satellite transmission services to major U.S. television networks and cable programmers.</font>
						<li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">On October&nbsp;1,&nbsp;2005, Telesat&rsquo;s new Anik F1R satellite was placed into service and is now providing capacity for broadcasters, home satellite television services and telecommunications.</font>
						<li type="disc">
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">On January&nbsp;17,&nbsp;2006, Telesat announced plans to build and launch Nimiq&nbsp;4, a new direct broadcast satellite that will carry a wide range of digital television services and enable Bell&nbsp;ExpressVu to continue to enhance advanced services such as HD television, specialty channels and foreign language programming.</font>
					</ul>
					<p><font size="2" color="#333333" face="Times New Roman">Operating income for the Other BCE segment increased by 14.5% this quarter to $95&nbsp;million, despite lower operating income at both Bell&nbsp;Globemedia and Telesat, as a result of lower corporate expenses at BCE&nbsp;Inc.</font></p>
					<ul>
						<li>
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">Bell&nbsp;Globemedia&rsquo;s operating income decreased by 1.9% this quarter, despite solid revenue growth, primarily as a result of higher sports specialty programming costs due to the resumption of NHL hockey broadcasts, increased sales and circulation costs at The Globe and Mail and higher net benefit plans cost.</font>
						<li>
                          <p style="margin-left: -20"><font size="2" color="#333333" face="Times New Roman">Telesat&rsquo;s operating income decreased by 8.1% this quarter, reflecting SpaceConnection&rsquo;s operating expenses, network equipment costs for Interactive Distance Learning services and higher amortization expense related to its newest satellites (Anik F2 and Anik F1R).</font>
					</ul>
					<p><b><font color="navy" face="Times New Roman" size="4">Product Line Analysis</font></b></p>
					<p><b><font face="Times New Roman" size="3" color="#000080">Local and access</font></b></p>
					<p><font size="2" color="#333333" face="Times New Roman">Local and access revenues for the quarter decreased by 3.9% to $1,343&nbsp;million, compared with the same period in 2004, as a result of accelerating NAS erosion and lower Smart-Touch feature revenues, offset partly by gains from wireline insurance and maintenance plans.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NAS in service declined by 324,000 or 2.5% since the beginning of the year, as a result of losses to cable operators offering local telephone service, other VoIP providers and CLECs, wireline to wireless substitution, as well as continued pressure from growth in high-speed Internet access that reduces the need for second telephone lines. This decrease in 2005 reflected a higher level of NAS losses than the previous year, as several major cable operators in our incumbent territories increased their marketing efforts and expanded the footprint of their low-priced local telephony offerings in certain of our Ontario and Qu&eacute;bec markets. This was offset partly by customers subscribing to our new Bell&nbsp;Digital Voice service and higher demand for access lines from Shaw Communications to offer VoIP services in western Canada.</font></p>
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<P> <font size="2" face="Times New Roman"><FONT color="#000080">14&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</FONT><FONT size=2 color="#333333">&nbsp;</FONT>&nbsp;Q4
  Investor Briefing</font></P>
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					<p><b><font face="Times New Roman" size="3" color="#000080">Long distance</font></b></p>
					<p><font size="2" color="#333333" face="Times New Roman">Long distance revenues were $478&nbsp;million for the quarter, reflecting a year-over-year decrease of 14.6% compared with Q4 2004. Lower long distance revenues affected all Bell&nbsp;Canada segments, particularly our Residential and Business segments. Overall minute volumes for the fourth quarter of 2005 increased marginally year-over-year, by 0.2%, to 4,567&nbsp;million conversation minutes. However, ARPM decreased by $0.013 during the same period to reach $0.096, reflecting competitive pricing pressures in our Residential, Business and Wholesale markets.</font></p>
                    <font face="Times New Roman" color="#000080" size="3"><b>Wireless</b></font>
					<p><font size="2" color="#333333" face="Times New Roman">Gross wireless activations increased by 9.9% this quarter to a record 455,000, up from 414,000 in Q4 2004. Although the percentage of total gross activations from postpaid rate plans in the fourth quarter decreased to 68% this year from 71% in 2004, due to the impact of Solo Mobile and Virgin Mobile performance on our prepaid gross activations, the absolute number of postpaid activations increased by 5.1% year-over-year to 308,000. Prepaid gross activations comprised the remaining 147,000, representing a 22% increase compared with Q4 2004. Postpaid growth was stimulated by the success of our of holiday-season advertising campaign and attractive promotions, new handsets, continued traction from innovative services such as our &lsquo;10-4&rsquo; service, our growing presence in western Canada, as well as continued success with the business market segments. Although prepaid activations are traditionally the highest in Q4 due to the commitment-free, g
ift-giving nature of the product, growth was also fuelled by the success of our two youth-oriented brands, Solo Mobile and Virgin Mobile.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our postpaid churn rate in Q4 increased on a year-over-year basis to 1.3% from 1.2%, but decreased when compared to the previous quarter&rsquo;s churn rate of 1.5% due primarily to the impact of various retention initiatives targeted mainly at our higher-value subscribers. The year-over-year increase reflected increased competitive pressures, price increases implemented at the beginning of Q3 and the enforcement of tighter policies on customer credits and upgrades. Prepaid churn increased to 2.2% for the fourth quarter of 2005 from 1.9% for the same period last year, representing the cancellation of a higher number of inactive, non-revenue-generating customer accounts. Accordingly, our blended churn rate for Q4 increased to 1.5% this year compared with 1.4% for the same quarter in 2004.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As at December&nbsp;31,&nbsp;2005, our cellular and PCS subscriber base totalled 5,441,000, representing a 10.5% increase in 2005. Postpaid rate plans accounted for 74% of our total subscriber base at the end of the year. Net additions of 210,000 for the fourth quarter were lower than net additions of 217,000 in Q4 2004, despite solid year-over-year growth in gross activations, as a result of higher customer churn. For the quarter, 60% of the net additions were on postpaid rate plans, compared with 59% in Q4 2004 and 41% in the previous quarter, while the remaining 40% customers activated prepaid service.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wireless service revenues for the quarter increased to $812&nbsp;million from $742&nbsp;million for the same quarter in 2004, reflecting a higher average number of customers in our subscriber base in combination with higher ARPU.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Postpaid ARPU increased by $3 year-over-year to $64 per month in Q4 2005, compared with the same quarter last year. This improvement was achieved primarily as a result of higher value-added service and data revenues, fuelled by the growing popularity of text messaging and our &lsquo;10-4&rsquo; service, increased penetration of Blackberry customers and other heavy users subscribing to higher-priced rate plans, the positive impact from price increases for certain features (including 911, 411, outbound text messaging), out-of-bundle minutes and other miscellaneous charges introduced earlier this year, and the continued strong wireless performance of our Business segment particularly in western Canada. This was offset by lower out-of-bundle airtime usage, resulting from the popularity of price plans offering a large number of bundled minutes or an unlimited local usage option. Prepaid ARPU increased to $14 per month this quarter, compared with $13 per month for Q4 2004, due 
to the growing presence of higher-than-average ARPU Solo and Virgin Mobile subscribers in our prepaid customer base and higher usage. As a result of both higher postpaid and prepaid ARPU and offset by a slight decrease in the percentage of total</font></p>
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<P> <font size="2" face="Times New Roman"><FONT color="#000080">15&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</FONT><FONT size=2 color="#333333">&nbsp;</FONT>&nbsp;Q4
  Investor Briefing</font></P>
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				<td width="80%"><font color="navy" face="Times New Roman" size="4">The Quarter at a Glance</font>
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					<p><font size="2" color="#333333" face="Times New Roman">subscribers on postpaid rate plans, blended ARPU also increased in the quarter reaching $51 per month, up from $50 in Q4 2004.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wireless EBITDA increased by 13.5%, year-over-year, to $311&nbsp;million in Q4 2005, reflecting wireless revenue growth of 9.5% and lower call centre expenses due to resolution of residual billing system conversion issues. These factors contributed to wireless EBITDA margin of 37.1% for the quarter, representing a 0.9 percentage point improvement in margin compared with the fourth quarter of 2004.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wireless COA increased 1.7% to $409 per gross activation in Q4 2005 from $402 per gross activation for the same quarter in 2004. Despite a larger number of gross activations, higher COA was driven primarily by an increase in advertising and marketing spend for the holiday period, an increase in sales of more expensive handsets to higher-ARPU generating customers and promotional incentives offered to acquire higher-value and longer-term contract customers.</font></p>
					<p><b><font face="Times New Roman" size="3" color="#000080">Data</font></b></p>
					<p><font size="2" color="#333333" face="Times New Roman">Our data revenues for Q4 2005 increased by 13.9% year-over-year to $1,097&nbsp;million. The improvement was a result of growth in our high-speed Internet customers, increased penetration of IP-based connectivity and ICT (or VAS) solutions within our Enterprise and SMB business units, and the contribution from business acquisitions completed in the past year, which more than offset a decline in legacy data revenues, price competition, the continued rationalization of circuit networks by wholesale customers, lower construction revenues from the GOA contract and the CDN decision which adversely affected revenues by $17&nbsp;million in Q4 2005.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The number of high-speed Internet subscribers increased by 61,000 this quarter, compared with 91,000 in Q4 2004, bringing the total subscriber count at the end of the year to 2,195,000. Subscriber growth during the quarter was affected by aggressive price competition in both our Ontario and Qu&eacute;bec markets arising from cable operators&rsquo; increased emphasis on selling multi-product bundles at discounted rates. Moreover, a $5 price increase on our Basic high-speed service for new customers in Ontario implemented during the quarter was not matched by a major competitor until the end of the year. Although our Residential segment experienced slower high-speed Internet subscriber growth, we benefited from higher net additions at Aliant and in our SMB unit.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The introduction of lower priced high-speed services, such as Basic Lite, that are tailored to the very price sensitive segments of the market has expanded the overall high-speed market, stimulating high-speed service growth and accelerating the rate of erosion of dial-up Internet service. Total dial-up customers decreased to 586,000 at the end of 2005 from 743,000 at the end of 2004.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our high-speed Internet access footprint in Ontario and Qu&eacute;bec reached 85% of homes and business lines passed at the end of the fourth quarter, compared with 83% at the end of 2004.</font></p>
					<p><b><font face="Times New Roman" color="#000080" size="3">Video</font></b></p>
					<p><font size="2" color="#333333" face="Times New Roman">Our video revenues grew by 22% this quarter to $268&nbsp;million from $219&nbsp;million last year, driven by year-over-year growth in our subscriber base and higher ARPU.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our video business had its best Q4 since 2002 activating 50,000 new net customers, an increase of 16.3% compared with the 43,000 net activations recorded for the same period last year. At the end of 2005, we provided video services to 1,727,000 customers, representing a 14.9% year-over-year increase in our video customer base. The solid improvement in net activations this quarter was fuelled by the continued success of our set-top box (STB) rental program, which accounted for more than 70% of our new activations in the quarter. Our video churn rate increased by 0.2 percentage points, year-over-year, to 1.0% this quarter, reflecting aggressive price competition brought about by cable operators&rsquo; emphasis on bundling cable service with other products.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our ARPU this quarter increased to $52 per month from $49 per month in Q4 2004 as a result of various price increases implemented during the year, a shift in the product mix towards higher priced programming packages and higher pay-per-view revenues, offset partly by bundle and retention discounts. In March&nbsp;2005, we applied a $3 rate increase to our existing subscriber base and on</font></p>
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<P> <font size="2" face="Times New Roman"><FONT color="#000080">16&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</FONT><FONT size=2 color="#333333">&nbsp;</FONT>&nbsp;Q4
  Investor Briefing</font></P>
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					<p><font size="2" color="#333333" face="Times New Roman">October&nbsp;1,&nbsp;2005, we brought into effect $2 and $3 increases, respectively, on our basic and theme packages for all new customers.<br>
                    &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Video EBITDA for Q4 2005 increased to $23&nbsp;million from negative $4&nbsp;million for the same period in 2004, reflecting strong double-digit revenue growth and lower subscriber acquisition costs due to an increased number of new activations choosing our STB rental option, offset partly by higher costs incurred to handle increased call volumes at our contact centres.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The COA for video services decreased by 52% to $258 per gross activation in Q4 2005 from $537 per gross activation in Q4 2004. The significant improvement resulted mainly from the capitalization of STB and installation costs associated with our new rental program and fewer promotional offers, partly offset by an increased number of new customers purchasing additional STBs.
                    </font></p>
                    <b><font face="Times New Roman" size="3" color="#000080">Terminal sales and other</font></b>
					<p><font size="2" color="#333333" face="Times New Roman">Terminal sales and other revenues were $459&nbsp;million this quarter, or 8.8% higher than Q4 2004. The year-over-year improvement was attributable to higher wireless equipment revenues resulting from an increased volume of devices sold, which included the purchase by customers of a larger number of premium-priced handsets, higher product sales at Aliant reflecting its recovery from a labour disruption in 2004, the favourable impact from several acquisitions (including those of 360networks and Entourage), as well as incremental revenues from a contract secured by Expertech (a Bell&nbsp;Canada majority-owned provider of installation and network infrastructure services) to help restore telecommunications service to the areas affected in the United States by hurricane Katrina. This was offset partly by lower legacy voice equipment sales to business customers.</font></p>
					<p><b><font face="Times New Roman" size="3" color="#000080">Non-GAAP Financial Measures</font></b></p>
					<p><font size="2" color="#333333" face="Times New Roman">This section describes the non-GAAP financial measures we used in this Q4 2005 Investor Briefing to explain our financial results. It also provides reconciliations of the non-GAAP financial measures to the most comparable Canadian GAAP financial measures.<br>
                    <br>
                    </font></p>
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			<tr valign="bottom">
				<td width=18% align=left valign="top">
					<p><font color="#000080" size="2" face="Times New Roman"><i>EBITDA</i><br>

                    We define EBITDA (earnings before interest, taxes, depreciation and amortization) as operating revenues less operating expenses, which means it represents operating income before amortization expense, net benefit plans cost, and restructuring and other items.</font></p>
                  <p>&nbsp;</td>
				<td width=2% align=left></td>
				<td colspan="9" align=left width="80%">
                    <b><font face="Times New Roman" color="#000080" size="3">EBITDA</font></b>
					<p><font size="2" color="#333333" face="Times New Roman">The term EBITDA does not have any standardized meaning prescribed by Canadian generally accepted accounting principles (GAAP). It is therefore unlikely to be comparable to similar measures presented by other companies. EBITDA is presented on a consistent basis from period to period.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We use EBITDA, among other measures, to assess the operating performance of our ongoing businesses without the effects of amortization expense, net benefit plans cost, and restructuring and other items. We exclude amortization expense and net benefit plans cost because they largely depend on the accounting methods and assumptions a company uses, as well as non-operating factors, such as the historical cost of capital assets and the fund performance of a company&rsquo;s pension plans. We exclude restructuring and other items because they are transitional in nature.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EBITDA allows us to compare our operating performance on a consistent basis. We believe that certain investors and analysts use EBITDA to measure a company&rsquo;s ability to service debt and to meet other payment obligations, or as a common valuation measurement in the telecommunications industry.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The most comparable Canadian GAAP financial measure is operating income. The tables below are reconciliations of EBITDA to operating income on a consolidated basis for BCE and Bell&nbsp;Canada.</font><br>&nbsp;</p>
				</td>
			</tr>
			<TR valign="bottom">
				<td width=18% align=left></td>
				<td width=2% align=left></td>
				<TD width=35% align=left>
<p style="text-indent: -12; margin-left: 12">
<font face="Times New Roman" size="2">
BCE&nbsp;</font>
</p>
	</TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">Q4 2005</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
Q4 2004
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">2005</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
2004
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
				<td width="18%"></td>
				<td width="2%"></td>
				<TD colspan=9>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
				<td width=18% align=left></td>
				<td width=2% align=left></td>
				<TD width=35% align=left>
                  <p style="text-indent: -12; margin-left: 12"><B><font size="2"><font color="#333333" face="Times New Roman">EBITDA</font></font></B><font size="2"><font color="#333333" face="Times New Roman">&nbsp;</font></font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">1,858</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,794
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">7,597</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
7,430
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<td width=18% align=left></td>
				<td width=2% align=left></td>
				<TD width=35% align=left>
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
Amortization expense&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(791</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
(787
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(3,114</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
(3,056
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
</TR>
			<TR valign="bottom">
				<td width=18% align=left></td>
				<td width=2% align=left></td>
				<TD width=35% align=left>
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
Net benefit plans cost&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(65</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
(67
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(380</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
(256
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
</TR>
			<TR valign="bottom">
				<td width=18% align=center></td>
				<td width=2% align=center></td>
				<TD width=35%>
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">Restructuring and&nbsp;other items&nbsp; </font></p>
                </TD>
				<TD width=10% align=right><B><font size="2" color="#000080" face="Times New Roman">(23</font></B></TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
(126
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=10% align=right><B><font size="2" color="#000080" face="Times New Roman">(55</font></B></TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
(1,224
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
			</TR>
			<TR>
				<td width="18%"></td>
				<td width="2%"></td>
				<TD colspan=9>
<HR noshade size=1>
	</TD>
</TR>
			<TR valign="bottom">
				<td width=18% align=left></td>
				<td width=2% align=left></td>
				<TD width=35% align=left>
                  <p style="text-indent: -12; margin-left: 12"><B><font size="2"><font color="#333333" face="Times New Roman">Operating income</font></font></B><font size="2"><font color="#333333" face="Times New Roman">&nbsp;</font></font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">979</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
814
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">4,048</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
2,894
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
				<td width="18%"></td>
				<td width="2%"></td>
				<TD colspan=9>
<HR noshade size=1>
	</TD>
</TR>
			<tr>
				<td width="18%"></td>
				<td width="2%"></td>
				<td colspan="9">
					<HR noshade size=1>
				</td>
			</tr>
		</TABLE>
<font face="Times New Roman">
		<BR>
</font>
<TABLE width="100%" border=0 cellspacing=0 cellpadding=0>
<TR valign="bottom">
				<td width=18% align=left></td>
				<td width=2% align=left></td>
				<TD width=35% align=left>
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
BELL&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">Q4 2005</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
Q4 2004
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">2005</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
2004
	</font></TD>
				<TD width=2% align=left>
<font size="2" face="Times New Roman">
&nbsp;</font>
	</TD>
</TR>
<TR>
				<td width="18%"></td>
				<td width="2%"></td>
				<TD colspan=9>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
				<td width=18% align=left></td>
				<td width=2% align=left></td>
				<TD width=35% align=left>
                  <p style="text-indent: -12; margin-left: 12"><B><font size="2" face="Times New Roman"><font color="#333333">EBITDA</font></font></B><font size="2" face="Times New Roman"><font color="#333333">&nbsp;</font></font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">1,729</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,679
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">7,187</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
7,111
	</font></TD>
				<TD width=2% align=left>
<font size="2" face="Times New Roman">
&nbsp;</font>
	</TD>
</TR>
<TR valign="bottom">
				<td width=18% align=left></td>
				<td width=2% align=left></td>
				<TD width=35% align=left>
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
Amortization expense&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(755</font></B>
	</TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#000080"><B>)</B>&nbsp;</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
(763
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(2,989</font></B>
	</TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#000080"><B>)</B>&nbsp;</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
(2,962
	</font></TD>
				<TD width=2% align=left>
<font size="2" face="Times New Roman">
)&nbsp;</font>
	</TD>
</TR>
			<TR valign="bottom">
				<td width=18% align=left></td>
				<td width=2% align=left></td>
				<TD width=35% align=left>
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
Net benefit plans cost&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(66</font></B>
	</TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#000080"><B>)</B>&nbsp;</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
(62
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(389</font></B>
	</TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#000080"><B>)</B>&nbsp;</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
(235
	</font></TD>
				<TD width=2% align=left>
<font size="2" face="Times New Roman">
)&nbsp;</font>
	</TD>
</TR>
			<TR valign="bottom">
				<td width=18% align=center></td>
				<td width=2% align=center></td>
				<TD width=35%>
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">Restructuring and&nbsp;other items&nbsp; </font></p>
                </TD>
				<TD width=10% align=right><B><font size="2" color="#000080" face="Times New Roman">(24</font></B></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#000080"><B>)</B>&nbsp;</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
(123
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=10% align=right><B><font size="2" color="#000080" face="Times New Roman">(54</font></B></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#000080"><B>)</B>&nbsp;</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
(1,219
	</font></TD>
				<TD width=2% align=left>
<font size="2" face="Times New Roman">
)&nbsp;</font>
	</TD>
			</TR>
			<TR>
				<td width="18%"></td>
				<td width="2%"></td>
				<TD colspan=9>
<HR noshade size=1>
	</TD>
</TR>
			<TR valign="bottom">
				<td width=18% align=left></td>
				<td width=2% align=left></td>
				<TD width=35% align=left>
                  <p style="text-indent: -12; margin-left: 12"><B><font size="2" face="Times New Roman"><font color="#333333">Operating income</font></font></B><font size="2" face="Times New Roman"><font color="#333333">&nbsp;</font></font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">884</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
731
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">3,755</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
2,695
	</font></TD>
				<TD width=2% align=left>
<font size="2" face="Times New Roman">
&nbsp;</font>
	</TD>
</TR>
<TR>
				<td width="18%"></td>
				<td width="2%"></td>
				<TD colspan=9>
<HR noshade size=1>
	</TD>
</TR>
			<tr>
				<td width="18%"></td>
				<td width="2%"></td>
				<td colspan="9">
					<HR noshade size=1>
				</td>
			</tr>
		</TABLE><font face="Times New Roman"><BR>
</font>
<P> <font size="2" face="Times New Roman"><FONT color="#000080">17&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</FONT><FONT size=2 color="#333333">&nbsp;</FONT>&nbsp;Q4
  Investor Briefing</font></P>

<HR noshade align="center" width="100%" size=1 color="#333333">
		<P>
</P>
		<TABLE width="100%" border=0 cellspacing=0 cellpadding=0>
			<tr valign="bottom">
				<td width=18% align=left></td>
				<td width=2% align=left></td>
				<td colspan="9" align=left><font color="navy" face="Times New Roman" size="4">The Quarter at a Glance</font>
                  <p>&nbsp;</p>
                </td>
			</tr>
			<tr valign="bottom">
				<td width=18% align=left></td>
				<td width=2% align=left></td>
				<td colspan="9" align=left width="80%">
					<p><b><font face="Times New Roman" color="#000080" size="3">Operating&nbsp;Income Before Restructuring and Other Items</font></b></p>
					<p><font size="2" color="#333333" face="Times New Roman">The term operating income before restructuring and other items does not have any standardized meaning prescribed by Canadian GAAP. It is therefore unlikely to be comparable to similar measures presented by other companies.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We use operating income before restructuring and other items, among other measures, to assess the operating performance of our ongoing business without the effects of restructuring and other items. We exclude these items because they affect the comparability of our financial results and could potentially distort the analysis of trends in business performance. The exclusion of these items does not imply they are non-recurring.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The most comparable Canadian GAAP financial measure is operating income. The tables below are reconciliations of operating income to operating income before restructuring and other items on a consolidated basis for BCE and Bell&nbsp;Canada.</font><br>&nbsp;</p>
				</td>
			</tr>
			<TR valign="bottom">
				<td width=18% align=left></td>
				<td width=2% align=left></td>
				<TD width=35% align=left><p style="text-indent: -12; margin-left: 12"><font size="2" face="Times New Roman">BCE&nbsp;</font></p></TD>
				<TD width=10% align=right><B><font face="Times New Roman" size="2" color="#000080">Q4 2005</font></B><font face="Times New Roman" size="2" color="#000080">&nbsp;</font></TD>
				<TD width=1%><font size="2" color="#000080" face="Times New Roman">
&nbsp;	</font></TD>
	<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
Q4 2004&nbsp;
	</font></TD>
	<TD width=1%><font size="2" color="#333333" face="Times New Roman">
&nbsp;	</font></TD>
	<TD width=10% align=right><B><font face="Times New Roman" size="2" color="#000080">2005</font></B><font face="Times New Roman" size="2" color="#000080">&nbsp;</font></TD>
	<TD width=1%><font size="2" color="#000080" face="Times New Roman">
&nbsp;	</font></TD>
	<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
2004&nbsp;
	</font></TD>
				<td width=2% align=right></td>
			</TR>
<TR>
				<td width="18%"></td>
				<td width="2%"></td>
				<TD colspan=9>
<HR noshade size=1>
	</TD>
			</TR>
			<TR valign="bottom">
				<td width=18% align=left></td>
				<td width=2% align=left></td>
				<TD width=35% align=left>
                  <p style="text-indent: -12; margin-left: 12"><B><font face="Times New Roman" size="2"><font color="#333333">Operating&nbsp;Income</font></font></B><font face="Times New Roman" size="2"><font color="#333333">&nbsp;</font></font></p>
                </TD>
				<TD width=10% align=right><B><font face="Times New Roman" size="2" color="#000080">979</font></B><font face="Times New Roman" size="2" color="#000080">&nbsp;</font></TD>
				<TD width=1%><font size="2" color="#000080" face="Times New Roman">
&nbsp;	</font></TD>
	<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
814&nbsp;
	</font></TD>
	<TD width=1%><font size="2" color="#333333" face="Times New Roman">
&nbsp;	</font></TD>
	<TD width=10% align=right><B><font face="Times New Roman" size="2" color="#000080">4,048</font></B><font face="Times New Roman" size="2" color="#000080">&nbsp;</font></TD>
	<TD width=1%><font size="2" color="#000080" face="Times New Roman">
&nbsp;	</font></TD>
	<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
2,894&nbsp;
	</font></TD>
				<td width=2% align=right></td>
			</TR>
			<TR valign="bottom">
				<td width=18% align=center></td>
				<td width=2% align=center></td>
				<TD width=35%>
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">Restructuring and other items&nbsp;</font></p>
                </TD>
				<TD width=10% align=right><B><font face="Times New Roman" size="2" color="#000080">23</font></B><font face="Times New Roman" size="2" color="#000080">&nbsp;</font></TD>
				<TD width=1%><font size="2" color="#000080" face="Times New Roman">
&nbsp;	</font></TD>
	<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
126&nbsp;
	</font></TD>
	<TD width=1%><font size="2" color="#333333" face="Times New Roman">
&nbsp;	</font></TD>
	<TD width=10% align=right><B><font face="Times New Roman" size="2" color="#000080">55</font></B><font face="Times New Roman" size="2" color="#000080">&nbsp;</font></TD>
	<TD width=1%><font size="2" color="#000080" face="Times New Roman">
&nbsp;	</font></TD>
	<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,224&nbsp;
	</font></TD>
				<td width=2% align=right></td>
			</TR>
			<TR>
				<td width="18%"></td>
				<td width="2%"></td>
				<TD colspan=9>
<HR noshade size=1>
	</TD>
			</TR>
			<TR valign="bottom">
				<td width=18% align=center></td>
				<td width=2% align=center></td>
				<TD width=35%>
                  <p style="text-indent: -12; margin-left: 12"><B><font face="Times New Roman" size="2"><font color="#333333">Operating income</font></font></B><font face="Times New Roman" size="2"><font color="#333333">&nbsp;<B>before restructuring and other items</B>&nbsp;</font></font></p>
                </TD>
				<TD width=10% align=right><B><font face="Times New Roman" size="2" color="#000080">1,002</font></B><font face="Times New Roman" size="2" color="#000080">&nbsp;</font></TD>
				<TD width=1%><font size="2" color="#000080" face="Times New Roman">
&nbsp;	</font></TD>
	<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
940&nbsp;
	</font></TD>
	<TD width=1%><font size="2" color="#333333" face="Times New Roman">
&nbsp;	</font></TD>
	<TD width=10% align=right><B><font face="Times New Roman" size="2" color="#000080">4,103</font></B><font face="Times New Roman" size="2" color="#000080">&nbsp;</font></TD>
	<TD width=1%><font size="2" color="#000080" face="Times New Roman">
&nbsp;	</font></TD>
	<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
4,118&nbsp;
	</font></TD>
				<td width=2% align=right></td>
			</TR>
			<TR>
				<td width="18%"></td>
				<td width="2%"></td>
				<TD colspan=9>
<HR noshade size=1>
	</TD>
			</TR>
			<tr>
				<td width="18%"></td>
				<td width="2%"></td>
				<td colspan="9">
					<HR noshade size=1>
				</td>
			</tr>
		</TABLE>
<font face="Times New Roman">
		<BR>
</font>
		<TABLE width="100%" border=0 cellspacing=0 cellpadding=0>
<TR valign="bottom">
				<td width=18% align=left></td>
				<td width=2% align=left></td>
				<TD width=35% align=left>
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
BELL&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right><B><font size="2" face="Times New Roman" color="#000080">Q4 2005</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;</font></TD>
				<TD width=1%><font size="2" color="#000080" face="Times New Roman">
&nbsp;	</font></TD>
	<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
Q4 2004&nbsp;
	</font></TD>
	<TD width=1%><font size="2" color="#333333" face="Times New Roman">
&nbsp;	</font></TD>
	<TD width=10% align=right><B><font size="2" face="Times New Roman" color="#000080">2005</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;</font></TD>
	<TD width=1%><font size="2" color="#000080" face="Times New Roman">
&nbsp;	</font></TD>
	<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
2004&nbsp;
	</font></TD>
				<td width=2% align=right></td>
			</TR>
<TR>
				<td width="18%"></td>
				<td width="2%"></td>
				<TD colspan=9>
<HR noshade size=1>
	</TD>
			</TR>
			<TR valign="bottom">
				<td width=18% align=left></td>
				<td width=2% align=left></td>
				<TD width=35% align=left>
                  <p style="text-indent: -12; margin-left: 12"><B><font size="2" face="Times New Roman"><font color="#333333">Operating&nbsp;Income</font></font></B><font size="2" face="Times New Roman"><font color="#333333">&nbsp;</font></font></p>
                </TD>
				<TD width=10% align=right><B><font size="2" face="Times New Roman" color="#000080">884</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;</font></TD>
				<TD width=1%><font size="2" color="#000080" face="Times New Roman">
&nbsp;	</font></TD>
	<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
731&nbsp;
	</font></TD>
	<TD width=1%><font size="2" color="#333333" face="Times New Roman">
&nbsp;	</font></TD>
	<TD width=10% align=right><B><font size="2" face="Times New Roman" color="#000080">3,755</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;</font></TD>
	<TD width=1%><font size="2" color="#000080" face="Times New Roman">
&nbsp;	</font></TD>
	<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
2,695&nbsp;
	</font></TD>
				<td width=2% align=right></td>
			</TR>
			<TR valign="bottom">
				<td width=18% align=center></td>
				<td width=2% align=center></td>
				<TD width=35%>
                  <p style="text-indent: -12; margin-left: 12"><font size="2" face="Times New Roman">Restructuring and other items&nbsp;</font></p>
                </TD>
				<TD width=10% align=right><B><font size="2" face="Times New Roman" color="#000080">24</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;</font></TD>
				<TD width=1%><font size="2" color="#000080" face="Times New Roman">
&nbsp;	</font></TD>
	<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
123&nbsp;
	</font></TD>
	<TD width=1%><font size="2" color="#333333" face="Times New Roman">
&nbsp;	</font></TD>
	<TD width=10% align=right><B><font size="2" face="Times New Roman" color="#000080">54</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;</font></TD>
	<TD width=1%><font size="2" color="#000080" face="Times New Roman">
&nbsp;	</font></TD>
	<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,219&nbsp;
	</font></TD>
				<td width=2% align=right></td>
			</TR>
			<TR>
				<td width="18%"></td>
				<td width="2%"></td>
				<TD colspan=9>
<HR noshade size=1>
	</TD>
			</TR>
			<TR valign="bottom">
				<td width=18% align=center></td>
				<td width=2% align=center></td>
				<TD width=35%>
                  <p style="text-indent: -12; margin-left: 12"><B><font size="2" face="Times New Roman"><font color="#333333">Operating income before restructuring</font></font></B><font size="2" face="Times New Roman"><font color="#333333">&nbsp;<B>and other items</B>&nbsp;</font></font></p>
                </TD>
				<TD width=10% align=right><B><font size="2" face="Times New Roman" color="#000080">908</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;</font></TD>
				<TD width=1%><font size="2" color="#000080" face="Times New Roman">
&nbsp;	</font></TD>
	<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
854&nbsp;
	</font></TD>
	<TD width=1%><font size="2" color="#333333" face="Times New Roman">
&nbsp;	</font></TD>
	<TD width=10% align=right><B><font size="2" face="Times New Roman" color="#000080">3,809</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;</font></TD>
	<TD width=1%><font size="2" color="#000080" face="Times New Roman">
&nbsp;	</font></TD>
	<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
3,914&nbsp;
	</font></TD>
				<td width=2% align=right></td>
			</TR>
			<TR>
				<td width="18%"></td>
				<td width="2%"></td>
				<TD colspan=9>
<HR noshade size=1>
	</TD>
			</TR>
			<tr>
				<td width="18%"></td>
				<td width="2%"></td>
				<td colspan="9">
					<HR noshade size=1>
				</td>
			</tr>
			<tr>
				<td width="18%"></td>
				<td width="2%"></td>
				<td colspan="9" width="80%"><font size="2" color="#333333" face="Times New Roman"><BR>
					</font>
                  <b><font face="Times New Roman" size="3" color="#000080">Net Earnings Before Restructuring and Other Items and Net Gains on Investments</font></b>
					<p><font size="2" color="#333333" face="Times New Roman">The term net earnings before restructuring and other items and net gains on investments does not have any standardized meaning prescribed by Canadian GAAP. It is therefore unlikely to be comparable to similar measures presented by other companies.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We use net earnings before restructuring and other items and net gains on investments, among other measures, to assess the operating performance of our ongoing business without the effects of after-tax restructuring and other items and net gains on investments.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We exclude these items because they affect the comparability of our financial results and could potentially distort the analysis of trends in business performance. The exclusion of these items does not imply they are non-recurring.<br>
							&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The most comparable Canadian GAAP financial measure is net earnings applicable to common shares. The table below is a reconciliation of net earnings applicable to common shares to net earnings before restructuring and other items and net gains on investments on a consolidated basis and per common share.<br>&nbsp;</p>
				</td>
			</tr>
		</TABLE>

		<TABLE width="100%" border=0 cellspacing=0 cellpadding=0>
<TR valign="bottom">
				<td rowspan="8" valign="top" width="18%">
					<p></p>
				</td>
				<td width=2% align=left></td>
				<TD width=23% align=left>
                  <p style="text-indent: -12; margin-left: 12"><font size="2" face="Times New Roman" color="#333333">
&nbsp;
	</font></p>
                </TD>
				<TD colspan=3 align=center><B><font color="#000080"><font size="2" face="Times New Roman">Q4 2005</font></font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;</font></TD>
				<td align=center width="1%"></td>
				<TD colspan=3 align=center><font size="2" face="Times New Roman" color="#333333">
Q4 2004
	</font></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
&nbsp;
	</font></TD>
				<TD colspan=3 align=center>
<B><font size="2" face="Times New Roman" color="#000080">2005</font></B>
	</TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
&nbsp;
	</font></TD>
				<TD colspan=3 align=center><font size="2" face="Times New Roman" color="#333333">
2004
	</font></TD>
				<td width=2% align=left></td>
			</TR>
			<TR valign="bottom">
				<td width=2% align=left></td>
				<TD width=23%>
<p style="text-indent: -12; margin-left: 12">
<font color="#333333" size="2" face="Times New Roman">
&nbsp;</font>
</p>
	</TD>
				<TD width=6% align=right><font size="2" face="Times New Roman" color="#000080">
&nbsp;
	<B>TOTAL</B></font></TD>
				<td width=1% align=left></td>
				<TD width=6% align=right><B><font size="2" face="Times New Roman" color="#000080">PER<br>
							SHARE</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;</font></TD>
				<td width=1% align=right></td>
				<TD width=6% align=right><font size="2" face="Times New Roman" color="#333333">
TOTAL
	</font></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" face="Times New Roman" color="#333333">PER<br>
						SHARE </font></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
&nbsp;
	</font></TD>
				<TD align="right" width=6%><B><font size="2" face="Times New Roman" color="#000080">TOTAL</font></B></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#000080">
&nbsp;
	</font></TD>
				<TD width=6% align=right><B><font size="2" face="Times New Roman" color="#000080">PER<br>
							SHARE</font></B></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" face="Times New Roman" color="#333333">
TOTAL
	</font></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" face="Times New Roman" color="#333333">PER<br>
						SHARE </font></TD>
				<td width=2% align=left></td>
			</TR>
			<TR>
				<td width="2%"></td>
				<TD colspan=17>
<HR noshade size=1>
	</TD>
			</TR>
			<TR valign="bottom">
				<td width=2% align=left></td>
				<TD width=23% align=left>
                  <p style="text-indent: -12; margin-left: 12"><B><font size="2" face="Times New Roman" color="#333333">Net earnings applicable to common shares</font></B></p>
                </TD>
				<TD width=6% align=right><B><font size="2" face="Times New Roman" color="#000080">413 </font></B> </TD>
				<td width=1% align=right></td>
				<TD width=6% align=right><B><font size="2" face="Times New Roman" color="#000080">0.44</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;</font></TD>
				<td width=1% align=right></td>
				<TD width=6% align=right><font size="2" face="Times New Roman" color="#333333">
417
	</font></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" face="Times New Roman" color="#333333">
0.45
	</font></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,891</font></B>
	</TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#000080">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">2.04</font></B>
	</TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" face="Times New Roman" color="#333333">
1,523
	</font></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" face="Times New Roman" color="#333333">
1.65
	</font></TD>
				<td width=2% align=left></td>
			</TR>
			<TR valign="bottom">
				<td width=2% align=left></td>
				<TD width=23% align=left>
                  <p style="text-indent: -12; margin-left: 12"><font size="2" face="Times New Roman" color="#333333">
Restructuring and other items&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right><B><font color="#000080"><font size="2" face="Times New Roman">16</font></font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;</font></TD>
				<td width=1% align=right></td>
				<TD width=6% align=right><B><font color="#000080"><font size="2" face="Times New Roman">0.02</font></font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;</font></TD>
				<td width=1% align=right></td>
				<TD width=6% align=right><font size="2" face="Times New Roman" color="#333333">
62
	</font></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" face="Times New Roman" color="#333333">
0.04
	</font></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">38</font></B>
	</TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#000080">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">0.04</font></B>
	</TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" face="Times New Roman" color="#333333">
772
	</font></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" face="Times New Roman" color="#333333">
0.83
	</font></TD>
				<td width=2% align=left></td>
			</TR>
<TR valign="bottom">
				<td width=2% align=left></td>
				<TD width=23% align=left>
                  <p style="text-indent: -12; margin-left: 12"><font size="2" face="Times New Roman" color="#333333">
Net gains on investments&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right><B><font color="#000080"><font size="2" face="Times New Roman">&#150;</font></font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;</font></TD>
				<td width=1% align=right></td>
				<TD width=6% align=right><B><font color="#000080"><font size="2" face="Times New Roman">&#150;</font></font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;</font></TD>
				<td width=1% align=right></td>
				<TD width=6% align=right><font size="2" face="Times New Roman" color="#333333">
(62
	</font></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" face="Times New Roman" color="#333333">
(0.04
	</font></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
)&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">(28</font></B>
	</TD>
				<TD width=1% align=left><B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;</font></TD>
				<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">(0.03</font></B>
	</TD>
				<TD width=1% align=left><font color="#333333" size="2" face="Times New Roman"><B>)</B>&nbsp;</font></TD>
				<TD width=6% align=right><font size="2" face="Times New Roman" color="#333333">
(423
	</font></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" face="Times New Roman" color="#333333">
(0.46
	</font></TD>

    <td width=2% align=left><font size="2" face="Times New Roman" color="#333333">)</font></td>
			</TR>
			<TR>
				<td width="2%"></td>
				<TD colspan=17>
<HR noshade size=1>
	</TD>
			</TR>
			<TR valign="bottom">
				<td width=2% align=left></td>
				<TD width=23% align=left>
                  <p style="text-indent: -12; margin-left: 12"><font color="#333333" size="2" face="Times New Roman"><B>Net earnings before restructuring</B> <B>and other items and net gains</B>  <B>on investments</B>&nbsp;</font></p>
                </TD>
				<TD width=6% align=right><font size="2" color="navy" face="Times New Roman"><b>429</b>&nbsp;</font><font size="2" face="Times New Roman" color="#333333">&nbsp; </font></TD>
				<td width=1% align=right></td>
				<TD width=6% align=right><font size="2" color="navy" face="Times New Roman"><b>
0.46&nbsp;
	</b></font></TD>
				<td width=1% align=right></td>
				<TD width=6% align=right><font size="2" face="Times New Roman" color="#333333">
417
	</font></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" face="Times New Roman" color="#333333">
0.45
	</font></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,901</font></B>
	</TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#000080">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">2.05</font></B>
	</TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" face="Times New Roman" color="#333333">
1,872
	</font></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" face="Times New Roman" color="#333333">
2.02
	</font></TD>
				<td width=2% align=left></td>
			</TR>
			<tr valign="bottom">
				<td valign="top" width="18%"></td>
				<td width=2% align=left></td>
				<td colspan="17" align=left>
					<HR noshade size=1 color="#333333">
				</td>
			</tr>
			<tr valign="bottom">
				<td valign="top" width="18%"></td>
				<td width=2% align=left></td>
				<td colspan="17" align=left>
					<HR noshade size=1 color="#333333">
				</td>
			</tr>
		</TABLE>
&nbsp;
<P> <font size="2" face="Times New Roman"><FONT color="#000080">18&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</FONT><FONT size=2 color="#333333">&nbsp;</FONT>&nbsp;Q4
  Investor Briefing</font></P>

<HR noshade align="center" width="100%" size=1 color="#333333">
		<P>
</P>
		<TABLE width="100%" border=0 cellspacing=0 cellpadding=0>
			<tr valign="bottom">
				<td width=18% align=left valign="top"><font face="Times New Roman"><i><font size="2" color="navy">Free Cash Flow<br>
							</font></i><font size="2" color="navy">We define free cash flow as cash from operating activities after capital expenditures, total dividends and other investing activities.</font></font></td>
				<td width=2% align=left></td>
				<td colspan="9" align=left width="80%">
					<p><b><font size="3" color="navy" face="Times New Roman">Free Cash Flow</font></b></p>
					<p><font face="Times New Roman" size="2" color="#333333">The term free cash flow does not have any standardized meaning prescribed by Canadian GAAP. It is therefore unlikely to be comparable to similar measures presented by other companies. Free cash flow is presented on a consistent basis from period to period.<br>
                    &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We consider free cash flow to be an important indicator of the financial strength and performance of our business because it shows how much cash is available to repay debt and to reinvest in our company. We believe that certain investors and analysts use free cash flow when valuing a business and its underlying assets.<br>
                    &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The most comparable Canadian GAAP financial measure is cash from operating activities. The table below is a reconciliation of free cash flow to cash from operating activities on a consolidated basis.</font><br>&nbsp;</p>
				</td>
			</tr>
			<tr valign="bottom">
				<td width=18% align=left></td>
				<td width=2% align=left></td>
				<td width=35% align=left></td>
				<td width=10% align=right></td>
				<td width=1% align=left></td>
				<td width=10% align=right></td>
				<td width=1% align=left></td>
				<td width=10% align=right></td>
				<td width=1% align=left></td>
				<td width=10% align=right></td>
				<td width=2% align=left></td>
			</tr>
			<TR valign="bottom">
				<td width=18% align=left></td>
				<td width=2% align=left></td>
				<TD width=35% align=left><font size="2" face="Times New Roman" color="#333333">
&nbsp;
	</font></TD>
				<TD width=10% align=right>
<B><font size="2" face="Times New Roman" color="#000080">Q4 2005</font></B>
	</TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#000080">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" face="Times New Roman" color="#333333">
Q4 2004
	</font></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
&nbsp;
	</font></TD>
				<TD width=10% align=right>
<B><font size="2" face="Times New Roman" color="#000080">2005</font></B>
	</TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#000080">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" face="Times New Roman" color="#333333">
2004
	</font></TD>
				<td width=2% align=left></td>
			</TR>
<TR>
				<td width="18%"></td>
				<td width="2%"></td>
				<TD colspan=9>
<HR noshade size=1>
	</TD>
			</TR>
			<TR valign="bottom">
				<td width=18% align=left></td>
				<td width=2% align=left></td>
				<TD align=left width="35%">
                  <p style="text-indent: -12; margin-left: 12"><font color="#333333" face="Times New Roman" size="2"><B>Cash from operating activities</B>&nbsp;</font></p>
                </TD>
				<td align="right" width="10%"><B><font size="2" face="Times New Roman" color="#000080">1,585</font></B></td>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#000080">
&nbsp;
	</font></TD>
				<TD align="right" width=10%><font size="2" face="Times New Roman" color="#333333">1,279 </font></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
&nbsp;
	</font></TD>
				<TD align="right" width=10%><B><font size="2" face="Times New Roman" color="#000080">5,559</font></B></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#000080">
&nbsp;
	</font></TD>
				<TD align="right" width=10%><font size="2" face="Times New Roman" color="#333333">
5,443
	</font></TD>
				<td width=2% align=left></td>
			</TR>
			<TR valign="bottom">
				<td width=18% align=center></td>
				<td width=2% align=center></td>
				<TD width=35%>
                  <p style="text-indent: -12; margin-left: 12"><font size="2" face="Times New Roman" color="#333333">
Capital expenditures&nbsp;
	</font></p>
                </TD>
				<TD align="right" width="10%"><B><font size="2" face="Times New Roman" color="#000080">(831</font></B></TD>
				<td width="1%"><B><font size="2" face="Times New Roman" color="#000080">)</font></B></td>
				<td align="right" width="10%"><font size="2" face="Times New Roman" color="#333333">
(1,043
	</font></td>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
)&nbsp;
	</font></TD>
				<TD width=10% align=right>
<B><font size="2" face="Times New Roman" color="#000080">(3,428</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080" face="Times New Roman" size="2"><B>)</B>&nbsp;</font></TD>
				<TD width=10% align=right><font size="2" face="Times New Roman" color="#333333">
(3,319
	</font></TD>
				<td width=2% align=left><font size="2" face="Times New Roman" color="#333333">
)&nbsp;
	</font></td>
			</TR>
			<TR valign="bottom">
				<td width=18% align=center></td>
				<td width=2% align=center></td>
				<TD width=35%>
                  <p style="text-indent: -12; margin-left: 12"><font size="2" face="Times New Roman" color="#333333">
Total dividends paid&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" face="Times New Roman" color="#000080">(363</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080" face="Times New Roman" size="2"><B>)</B>&nbsp;</font></TD>
				<TD width=10% align=right><font size="2" face="Times New Roman" color="#333333">
(347
	</font></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
)&nbsp;
	</font></TD>
				<TD width=10% align=right>
<B><font size="2" face="Times New Roman" color="#000080">(1,473</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080" face="Times New Roman" size="2"><B>)</B>&nbsp;</font></TD>
				<TD width=10% align=right><font size="2" face="Times New Roman" color="#333333">
(1,381
	</font></TD>
				<td width=2% align=left><font size="2" face="Times New Roman" color="#333333">
)&nbsp;
	</font></td>
			</TR>
<TR valign="bottom">
				<td width=18% align=center></td>
				<td width=2% align=center></td>
				<TD width=35%>
                  <p style="text-indent: -12; margin-left: 12"><font color="#333333" face="Times New Roman" size="2">Other investing&nbsp;activities&nbsp;</font></p>
                </TD>
				<TD width=10% align=right>

<B><font size="2" face="Times New Roman" color="#000080">32</font></B>

	</TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#000080">
&nbsp;
	</font></TD>
				<TD width=10% align=right>

    <font size="2" face="Times New Roman" color="#333333">
(10
	</font>

	</TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
)</font></TD>
				<TD width=10% align=left>

<p align="right">

<B><font size="2" face="Times New Roman" color="#000080">4</font></B>

</p>

	</TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#000080">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

    <p align="right"><font size="2" face="Times New Roman" color="#333333">
127
	</font></p>

	</TD>
				<td width=2% align=left></td>
			</TR>
<TR>
				<td width="18%"></td>
				<td width="2%"></td>
				<TD colspan=9>
<HR noshade size=1>
	</TD>
			</TR>
<TR valign="bottom">
				<td width=18% align=center></td>
				<td width=2% align=center></td>
				<TD width=35%>
                  <p style="text-indent: -12; margin-left: 12"><font color="#333333" face="Times New Roman" size="2"><B>Free cash flow</B>&nbsp;</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" face="Times New Roman" color="#000080">423</font></B>
	</TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#000080">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" face="Times New Roman" color="#333333">
(121
	</font></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
)&nbsp;
	</font></TD>
				<TD width=10% align=right>
<B><font size="2" face="Times New Roman" color="#000080">662</font></B>
	</TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#000080">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" face="Times New Roman" color="#333333">
870
	</font></TD>
				<td width=2% align=left></td>
			</TR>
<TR valign="bottom">
				<td width=18% align=center></td>
				<td width=2% align=center></td>
				<TD width=35%>
                  <p style="text-indent: -12; margin-left: 12"><font size="2" face="Times New Roman" color="#333333">
Restructuring and&nbsp;other items&nbsp;</font></TD>
				<TD width=10% align=right>
<B><font size="2" face="Times New Roman" color="#000080">23</font></B>
	</TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#000080">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" face="Times New Roman" color="#333333">
126
	</font></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
&nbsp;
	</font></TD>
				<TD width=10% align=right>
<B><font size="2" face="Times New Roman" color="#000080">55</font></B>
	</TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#000080">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" face="Times New Roman" color="#333333">
1,224
	</font></TD>
				<td width=2% align=left></td>
			</TR>
			<TR>
				<td width="18%"></td>
				<td width="2%"></td>
				<TD colspan=9>
<HR noshade size=1>
	</TD>
			</TR>
			<TR valign="bottom">
				<td width=18% align=center></td>
				<td width=2% align=center></td>
				<TD width=35%>
                  <p style="text-indent: -12; margin-left: 12"><font size="2"><B><font face="Times New Roman" color="#333333">Free cash flow before restructuring and </font></B><font face="Times New Roman" color="#333333"><B>other items</B>&nbsp;
	</font></font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" face="Times New Roman" color="#000080">446</font></B>
	</TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#000080">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" face="Times New Roman" color="#333333">
5
	</font></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#333333">
&nbsp;
	</font></TD>
				<TD width=10% align=right>
<B><font size="2" face="Times New Roman" color="#000080">717</font></B>
	</TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#000080">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" face="Times New Roman" color="#333333">
2,094
	</font></TD>
				<td width=2% align=left></td>
			</TR>
			<TR>
				<td width="18%"></td>
				<td width="2%"></td>
				<TD colspan=9>
<HR noshade size=1>
	</TD>
			</TR>
			<tr>
				<td width="18%"></td>
				<td width="2%"></td>
				<td colspan="9">
					<HR noshade size=1>
				</td>
			</tr>
		</TABLE>
&nbsp;
<P> <font size="2" face="Times New Roman"><FONT color="#000080">19&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</FONT><FONT size=2 color="#333333">&nbsp;</FONT>&nbsp;Q4
  Investor Briefing</font></P>

<HR noshade align="center" width="100%" size=1 color="#333333">

<a name="supplementary"></a>
<P>
<font size="6" face="Times New Roman" color="#000080">
Supplementary Financial Information</font></P>
<P>
<font size="4" face="Times New Roman" color="#000080">BCE Consolidated </font><font size="2" face="Times New Roman" color="#000080"><SUP>(1)</SUP></font></P>
<P>
<font size="2" color="#333333" face="Times New Roman">
Consolidated Operational Data</font></P>
<TABLE border=0 cellspacing=0 cellpadding=0 width="100%">
<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">Q4</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
Q4</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">Total</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
Total</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" face="Times New Roman" color="#333333">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" face="Times New Roman" color="#333333">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" face="Times New Roman" color="#333333">&nbsp;</font>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
<I>($ millions, except per share amounts)</I>&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">2005</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
2004</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
$ change</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
% change</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">2005</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
2004</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
$ change</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
% change</font>
	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
</TR>
<TR>
				<TD colspan=17>
<HR noshade size=1>
	</TD>
			</TR>
<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
<B>Operating revenues</B>&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">4,986</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
4,769</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
217</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom"><font size="2" color="#333333" face="Times New Roman">4.6%</font></TD>
	<TD width=1% align=left valign="bottom">

	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">19,105</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
18,368</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
737</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">4.0%</font>
	</TD>
	<TD width=2% align=left valign="bottom">

	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
Operating expenses&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">(3,128</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<B>
<font size="2" color="#000080" face="Times New Roman">
)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(2,975</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(153</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">(5.1%</font>
	</TD>
	<TD width=1% align=right valign="bottom">
<p align="left"><font size="2" color="#333333" face="Times New Roman">)</font>
	</TD>
	<TD width=6% align=right valign="bottom">
 <B>
<font size="2" color="#000080" face="Times New Roman"> (11,508</font>
</B>
	</TD>
	<TD width=1% align=right valign="bottom">
<p align="left"><B><font size="2" color="#000080" face="Times New Roman">)</font></B>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">(10,938</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">)</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(570</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">(5.2%</font>
	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">)&nbsp;</font>
	</TD>
</TR>
<TR>
				<TD colspan=17>
					<HR noshade size=1>
				</TD>
			</TR>
<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
<B>EBITDA</B>&nbsp;<SUP>(2)</SUP>&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">1,858</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
1,794</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
64</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom"><font size="2" color="#333333" face="Times New Roman">3.6%</font></TD>
	<TD width=1% align=left valign="bottom">

	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">7,597</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
7,430</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
167</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom"><font size="2" color="#333333" face="Times New Roman">2.2%</font></TD>
	<TD width=2% align=left valign="bottom">

	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
<B><I>EBITDA margin </I></B><SUP>(3)</SUP>&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><I><font size="2" color="#000080" face="Times New Roman">37.3%</font></I></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<I><font size="2" color="#333333" face="Times New Roman">37.6%</font></I>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<I><font size="2" color="#333333" face="Times New Roman">(0.3) pts</font></I>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<B><I><font size="2" color="#000080" face="Times New Roman">39.8</font></I></B><font color="#000080"><B><font size="2" face="Times New Roman"><I>%</I></font></B></font></TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom"><I><font size="2" color="#333333" face="Times New Roman">40.5%</font></I></TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<I><font size="2" color="#333333" face="Times New Roman">(0.7) pts</font></I>
	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
Amortization expense&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">(791</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<B>
<font size="2" color="#000080" face="Times New Roman">
)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(787</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(4</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">(0.5%</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">)</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">(3,114</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<B>
<font size="2" color="#000080" face="Times New Roman">
)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(3,056</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(58</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom"><font size="2" color="#333333" face="Times New Roman">(1.9%</font></TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">)&nbsp;</font>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
Net benefit plans cost&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">(65</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<B>
<font size="2" color="#000080" face="Times New Roman">
)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(67</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
2</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">3.0%</font>
	</TD>
	<TD width=1% align=left valign="bottom">

	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">(380</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<B>
<font size="2" color="#000080" face="Times New Roman">
)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(256</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(124</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">(48.4%</font>
	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">)&nbsp;</font>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
Restructuring and other items&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">(23</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<B>
<font size="2" color="#000080" face="Times New Roman">
)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(126</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
103</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">81.7%</font>
	</TD>
	<TD width=1% align=left valign="bottom">

	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">(55</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<B>
<font size="2" color="#000080" face="Times New Roman">
)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(1,224</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
1,169</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">95.5%</font>
	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">&nbsp;</font>
	</TD>
</TR>
<TR>
				<TD colspan=17>
<HR noshade size=1>
	</TD>
			</TR>
<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
<B>Operating income</B>&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">979</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
814</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
165</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">20.3%</font>
	</TD>
	<TD width=1% align=left valign="bottom">

	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">4,048</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
2,894</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
1,154</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">39.9%</font>
	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">&nbsp;</font>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
Other income&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">(17</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<B>
<font size="2" color="#000080" face="Times New Roman">
)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
17</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(34</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
n.m.</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">8</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
407</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(399</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">(98.0%</font>
	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">)&nbsp;</font>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
Interest expense&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">(246</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<B>
<font size="2" color="#000080" face="Times New Roman">
)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(244</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(2</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">(0.8%</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">)</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">(981</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<B>
<font size="2" color="#000080" face="Times New Roman">
)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(999</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
18</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">1.8%</font>
	</TD>
	<TD width=2% align=left valign="bottom">

	</TD>
</TR>
<TR>
				<TD colspan=17>
<HR noshade size=1>
	</TD>
			</TR>
<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
<B>Pre-tax earnings from continuing operations</B>&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">716</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
587</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
129</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom"><font size="2" color="#333333" face="Times New Roman">22.0%</font></TD>
	<TD width=1% align=left valign="bottom">

	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">3,075</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
2,302</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
773</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">33.6%</font>
	</TD>
	<TD width=2% align=left valign="bottom">

	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
Income taxes&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">(224</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<B>
<font size="2" color="#000080" face="Times New Roman">
)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(193</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(31</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom"><font size="2" color="#333333" face="Times New Roman">(16.1%</font></TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">)</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">(893</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<B>
<font size="2" color="#000080" face="Times New Roman">
)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(681</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(212</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">(31.1%</font>
	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">)&nbsp;</font>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
Non-controlling interest&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">(74</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<B>
<font size="2" color="#000080" face="Times New Roman">
)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(40</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(34</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom"><font size="2" color="#333333" face="Times New Roman">(85.0%</font></TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">)</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">(267</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<B>
<font size="2" color="#000080" face="Times New Roman">
)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(174</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(93</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">(53.4%</font>
	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">)&nbsp;</font>
	</TD>
</TR>
<TR>
				<TD colspan=17>
<HR noshade size=1>
	</TD>
			</TR>
<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
<B>Earnings from continuing operations</B>&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">418</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
354</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
64</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom"><font size="2" color="#333333" face="Times New Roman">18.1%</font></TD>
	<TD width=1% align=left valign="bottom">

	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">1,915</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
1,447</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
468</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">32.3%</font>
	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">&nbsp;</font>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
Discontinued operations&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">12</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
11</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
1</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom"><font size="2" color="#333333" face="Times New Roman">9.1%</font></TD>
	<TD width=1% align=left valign="bottom">

	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">46</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
77</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<p align="right">
<font size="2" color="#333333" face="Times New Roman">
(31</font></p>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">(40.3%</font>
	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">)&nbsp;</font>
	</TD>
</TR>
<TR>
				<TD colspan=17>
<HR noshade size=1>
	</TD>
			</TR>
<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
<B>Net earnings before extraordinary gain</B>&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">430</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
365</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
65</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom"><font size="2" color="#333333" face="Times New Roman">17.8%</font></TD>
	<TD width=1% align=left valign="bottom">

	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">1,961</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
1,524</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
437</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">28.7%</font>
	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">&nbsp;</font>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
Extraordinary gain&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">&#150;</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
69</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(69</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom"><font size="2" color="#333333" face="Times New Roman">(100.0%</font></TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">)</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">&#150;</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
69</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(69</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">(100.0%</font>
	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">)&nbsp;</font>
	</TD>
</TR>
<TR>
				<TD colspan=17>
<HR noshade size=1>
	</TD>
			</TR>
<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
<B>Net earnings</B>&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">430</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
434</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(4</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom"><font size="2" color="#333333" face="Times New Roman">(0.9%</font></TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">)</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">1,961</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
1,593</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
368</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">23.1%</font>
	</TD>
	<TD width=2% align=left valign="bottom">

	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
Dividends on preferred shares&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">(17</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<B>
<font size="2" color="#000080" face="Times New Roman">
)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(17</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&#150;</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom"><font size="2" color="#333333" face="Times New Roman">0.0%</font></TD>
	<TD width=1% align=left valign="bottom">

	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">(70</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<B>
<font size="2" color="#000080" face="Times New Roman">
)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(70</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&#150;</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">0.0%</font>
	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">&nbsp;</font>
	</TD>
</TR>
<TR>
				<TD colspan=17>
<HR noshade size=1>
	</TD>
			</TR>
<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
<B>Net earnings applicable to common shares</B>&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">413</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
417</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(4</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom"><font size="2" color="#333333" face="Times New Roman">(1.0%</font></TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">)</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">1,891</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
1,523</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
368</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">24.2%</font>
	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">&nbsp;</font>
	</TD>
</TR>
<TR>
				<TD colspan=17>
<HR noshade size=1>
	</TD>
			</TR>
			<tr>
				<td colspan="17">
					<HR noshade size=1>
				</td>
			</tr>
			<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
<B>Net earnings per common share &#150; basic</B>&nbsp;</font></p>
	</TD>
				<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
 <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Continuing operations&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">$0.43</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$0.37</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$0.06</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom"><font size="2" color="#333333" face="Times New Roman">16.2%</font></TD>
	<TD width=1% align=left valign="bottom">

	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">$1.99</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$1.49</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$0.50</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">33.6%</font>
	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">&nbsp;</font>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
 <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Discontinued operations&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">$0.01</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$0.01</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
$ &#150;</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom"><font size="2" color="#333333" face="Times New Roman">0.0%</font></TD>
	<TD width=1% align=left valign="bottom">

	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">$0.05</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$0.09</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$(0.04</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">(44.4%</font>
	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">)&nbsp;</font>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
 <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Extraordinary gain&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">$ &#150;</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$0.07</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$(0.07</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom"><font size="2" color="#333333" face="Times New Roman">(100.0%</font></TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">)</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">$ &#150;</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$0.07</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$(0.07</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">(100.0%</font>
	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">)&nbsp;</font>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
 <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Net earnings&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">$0.44</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$0.45</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$(0.01</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">(2.2%</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">)</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">$2.04</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$1.65</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$0.39</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">23.6%</font>
	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">&nbsp;</font>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
<B>Net earnings per common share &#150; diluted</B>&nbsp;</font></p>
	</TD>
				<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
 <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Continuing operations&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">$0.43</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$0.37</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$0.06</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom"><font size="2" color="#333333" face="Times New Roman">16.2%</font></TD>
	<TD width=1% align=left valign="bottom">

	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">$1.99</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$1.49</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$0.50</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">33.6%</font>
	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">&nbsp;</font>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
 <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Discontinued operations&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">$0.01</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$0.01</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
$ &#150;</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom"><font size="2" color="#333333" face="Times New Roman">0.0%</font></TD>
	<TD width=1% align=left valign="bottom">

	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">$0.05</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$0.09</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$(0.04</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">(44.4%</font>
	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">)&nbsp;</font>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
 <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Extraordinary gain&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">$ &#150;</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$0.07</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$(0.07</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom"><font size="2" color="#333333" face="Times New Roman">(100.0%</font></TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">)</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">$ &#150;</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$0.07</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$(0.07</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">(100.0%</font>
	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">)&nbsp;</font>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
 <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Net earnings&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">$0.44</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$0.45</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$(0.01</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom"><font size="2" color="#333333" face="Times New Roman">(2.2%</font></TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">)</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">$2.04</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$1.65</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$0.39</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom"><font size="2" color="#333333" face="Times New Roman">23.6<B><I>%</I></B></font></TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">&nbsp;</font>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
<B>Dividends per common share</B>&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">$0.33</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$0.30</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$0.03</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom"><font size="2" color="#333333" face="Times New Roman">10.0%</font></TD>
	<TD width=1% align=left valign="bottom">

	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">$1.32</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$1.20</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$0.12</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom"><font size="2" color="#333333" face="Times New Roman">
10.0<B><I>%</I></B></font></TD>
	<TD width=2% align=left valign="bottom">

	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
<B>Average number of common shares outstanding &#150; basic (millions)</B>&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">927.3</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
925.3</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">
					<div align="right">
						<font size="2" color="navy" face="Times New Roman"><b>
926.8</b></font></div>
				</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom"><font size="2" color="#333333" face="Times New Roman">
924.6</font></TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
</TR>
<TR>
				<TD colspan=17>
<HR noshade size=1>
	</TD>
			</TR>
			<tr>
				<td colspan="17">
					<HR noshade size=1>
				</td>
			</tr>
			<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
<B>The following items are included in net earnings:</B>&nbsp;</font></p>
	</TD>
				<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
 <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Net gains (losses) on investments&nbsp;</font></p>
	</TD>
				<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
 <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Continuing operations&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">&#150;</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
64</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">29</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
389</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
 <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Discontinued operations&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">&#150;</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(2</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">(1</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<B>
<font size="2" color="#000080" face="Times New Roman">
)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
34</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="41%">
 <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Restructuring and other items&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">(16</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<B>
<font size="2" color="#000080" face="Times New Roman">
)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(62</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">(38</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<B>
<font size="2" color="#000080" face="Times New Roman">
)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(772</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
</TR>
<TR>
				<TD colspan=17>
<HR noshade size=1>
	</TD>
			</TR>
<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
<B>Total</B>&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">(16</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<B>
<font size="2" color="#000080" face="Times New Roman">
)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&#150;</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">(10</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<B>
<font size="2" color="#000080" face="Times New Roman">
)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
(349</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
</TR>
<TR>
				<TD colspan=17>
<HR noshade size=1>
	</TD>
			</TR>
<TR valign="bottom">
				<TD align=left width="41%">
<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
<B>Impact on net earnings per share</B>&nbsp;</font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">$(0.02</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<B>
<font size="2" color="#000080" face="Times New Roman">
)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
$ &#150;</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">$(0.01</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<B>
<font size="2" color="#000080" face="Times New Roman">
)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$(0.37</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
)&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=left valign="bottom">

	</TD>
	<TD width=2% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
</TR>
<tr>
				<TD align=left width="41%">
 <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>EPS before net gains (losses) on investments and</B>&nbsp;<B>restructuring and&nbsp;other&nbsp;items&nbsp;</B><SUP>(2)</SUP></font></p>
	</TD>
				<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">$0.46</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$0.45</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$0.01</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">2.2%</font>
	</TD>
	<TD width=1% align=left valign="bottom">

	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" color="#000080" face="Times New Roman">$2.05</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$2.02</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<font size="2" color="#333333" face="Times New Roman">$0.03</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#333333" face="Times New Roman">
&nbsp;</font>
	</TD>
	<TD width=6% align=right valign="bottom"><font size="2" color="#333333" face="Times New Roman">1.5%</font></TD>
	<TD width=2% align=left valign="bottom">

	</TD>
</tr>
<tr>
				<TD align=left colspan="17">
<HR noshade size=1>
	</TD>
			</tr>
<TR valign="bottom">
				<TD align=left colspan="17">
<HR noshade size=1>
	</TD>
			</TR>
</TABLE>
		<font size="2" face="Times New Roman">n.m.: not meaningful</font><BR>
<p><font size="2" face="Times New Roman"><font color="#000080">20&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</font><font size="2" color="#333333">&nbsp;</font>&nbsp;Q4
  Investor Briefing</font></p>
<hr noshade align="center" width="100%" size="1" color="#333333">

<P><font size="4" color="navy" face="Times New Roman">
BCE Consolidated </font><font size="2" color="navy" face="Times New Roman"><SUP>(1)</SUP></font></P>
<P><font size="2" color="#333333" face="Times New Roman">
Consolidated Operational Data &#150; Historical Trend</font></P>
<TABLE width="100%" border=0 cellspacing=0 cellpadding=0>
<TR valign="bottom">
				<TD align=left width="26%"><font color="#333333" face="Times New Roman" size="2">
&nbsp;</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">Total</font></B>
	</TD>
				<TD width=1% align=left><font size="2" face="Times New Roman" color="#000080">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
Total
	</font></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=2% align=left><font size="2" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><I><font size="2" color="#333333" face="Times New Roman">($ millions, except per share amounts)</font></I><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">2005</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">Q4 05</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
Q3 05
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
Q2 05
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
Q1 05
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
2004
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
Q4 04
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
Q3 04
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
Q2 04
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">Q1 04 </font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
				<TD colspan=21>
<HR noshade size=1>
	</TD>
			</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><B><font size="2" color="#333333" face="Times New Roman">Operating revenues</font></B><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">19,105</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">4,986</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
4,732
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
4,757
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
4,630
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
18,368
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
4,769
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
4,556
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
4,577
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
4,466
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
Operating expenses&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(11,508</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(3,128</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" face="Times New Roman">&nbsp;</font></font></TD>
				<TD align=right width="6%"><font size="2" color="#333333" face="Times New Roman">(2,868</font></TD>
				<td width="1%"><font size="2" color="#333333" face="Times New Roman">)</font></td>
				<td width="6%">
                  <p align="right"><font size="2" color="#333333" face="Times New Roman">(2,785</font></p>
                </td>
				<td width="1%"><font size="2" color="#333333" face="Times New Roman">)</font></td>
				<td width="6%">
                  <p align="right"><font size="2" color="#333333" face="Times New Roman"> (2,727</font></p>
                </td>
				<td width="1%"><font size="2" color="#333333" face="Times New Roman">)</font></td>
				<td width="6%">
                  <p align="right"><font size="2" color="#333333" face="Times New Roman"> (10,938</font></p>
                </td>
				<td width="1%"><font size="2" color="#333333" face="Times New Roman">)</font></td>
				<td width="6%">
                  <p align="right"><font size="2" color="#333333" face="Times New Roman"> (2,975</font></p>
                </td>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">)</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">(2,655) </font></TD>
				<td width="1%"></td>
				<td width="6%">
                  <p align="right"><font size="2" color="#333333" face="Times New Roman">(2,657</font></p>
                </td>
				<td width="1%"><font size="2" color="#333333" face="Times New Roman">)</font></td>
				<td width="6%">
                  <p align="right"><font size="2" color="#333333" face="Times New Roman"> (2,651</font></p>
                </td>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">)</font></TD>
</TR>
<TR>
				<TD colspan=21>
<HR noshade size=1>
	</TD>
			</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><B><font size="2" color="#333333" face="Times New Roman">EBITDA
	</font></B><font size="2" color="#333333" face="Times New Roman">&nbsp;<SUP>(2)</SUP></font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">7,597</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">1,858</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,864
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,972
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,903
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
7,430
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,794
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,901
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,920
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,815
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><B><I><font size="2" color="#333333" face="Times New Roman">EBITDA margin
	</font> </I></B><font size="2" color="#333333" face="Times New Roman"><SUP>(3)</SUP>&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><I><font size="2" color="#000080" face="Times New Roman">39.8%</font></I></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp;</font></TD>
				<TD width=6% align=right>
<B><I><font size="2" color="#000080" face="Times New Roman">37.3%</font></I></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp;</font></TD>
				<TD width=6% align=right>
<I><font size="2" color="#333333" face="Times New Roman">39.4%</font></I>
	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></TD>
				<TD width=6% align=right>
<I><font size="2" color="#333333" face="Times New Roman">41.5%</font></I>
	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></TD>
				<TD width=6% align=right>
<I><font size="2" color="#333333" face="Times New Roman">41.1%</font></I>
	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></TD>
				<TD width=6% align=right>
<I><font size="2" color="#333333" face="Times New Roman">40.5%</font></I>
	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></TD>
				<TD width=6% align=right>
<I><font size="2" color="#333333" face="Times New Roman">37.6%</font></I>
	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></TD>
				<TD width=6% align=right>
<I><font size="2" color="#333333" face="Times New Roman">41.7%</font></I>
	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></TD>
				<TD width=6% align=right><I><font size="2" color="#333333" face="Times New Roman">41.9%</font></I></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></TD>
				<TD width=6% align=right>
<I><font size="2" color="#333333" face="Times New Roman">40.6%</font></I>
	</TD>
				<TD width=2% align=left></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
Amortization expense&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(3,114</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(791</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(786
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(776
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(761
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(3,056
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(787
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(754
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(757
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(758
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
Net benefit plans cost&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(380</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(65</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(108
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(104
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(103
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(256
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(67
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(61
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(65
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(63
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
Restructuring and other items&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(55</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(23</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(31
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(5
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
4
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(1,224
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(126
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(1,081
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(14
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(3
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
</TR>
<TR>
				<TD colspan=21>
<HR noshade size=1>
	</TD>
			</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><B><font size="2" color="#333333" face="Times New Roman">Operating income</font></B><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">4,048</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">979</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
939
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,087
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,043
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
2,894
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
814
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
5
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,084
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
991
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
Other income&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">8</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(17</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(2
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
19
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
8
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
407
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
17
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
332
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
23
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
35
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
Interest expense&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(981</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(246</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(245
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(245
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(245
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(999
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(244
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(252
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(253
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(250
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
</TR>
<TR>
				<TD colspan=21>
<HR noshade size=1>
	</TD>
			</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><B><font size="2" color="#333333" face="Times New Roman">Pre-tax earnings from continuing operations</font></B><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">3,075</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">716</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
692
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
861
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
806
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
2,302
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
587
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
85
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
854
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
776
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
Income taxes&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(893</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(224</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(187
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(218
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(264
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(681
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(193
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
52
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(286
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(254
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
Non-controlling interest&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(267</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(74</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(57
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(73
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(63
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(174
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(40
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(47
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(39
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(48
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
</TR>
<TR>
				<TD colspan=21>
<HR noshade size=1>
	</TD>
			</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><B><font size="2" color="#333333" face="Times New Roman">Earnings from continuing operations</font></B><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">1,915</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">418</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
448
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
570
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
479
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,447
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
354
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
90
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
529
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
474
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
Discontinued operations&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">46</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">12</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
11
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
11
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
12
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
77
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
11
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
10
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
42
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
14
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
				<TD colspan=21>
<HR noshade size=1>
	</TD>
			</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><B><font size="2" color="#333333" face="Times New Roman">Net earnings before extraordinary gain</font></B><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">1,961</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">430</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
459
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
581
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
491
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,524
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
365
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
100
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
571
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
488
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
Extraordinary gain&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">&#150;</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">&#150;</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
&#150;
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
&#150;
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
&#150;
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
69
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
69
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
&#150;
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
&#150;
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
&#150;
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
				<TD colspan=21>
<HR noshade size=1>
	</TD>
			</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><B><font size="2" color="#333333" face="Times New Roman">Net earnings</font></B><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">1,961</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">430</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
459
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
581
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
491
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,593
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
434
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
100
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
571
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
488
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
Dividends on preferred shares&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(70</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(17</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(18
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(18
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(17
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(70
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(17
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(18
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(17
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(18
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
</TR>
<TR>
				<TD colspan=21>
<HR noshade size=1>
	</TD>
			</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><B><font size="2" color="#333333" face="Times New Roman">Net earnings applicable to common shares</font></B><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">1,891</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">413</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
441
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
563
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
474
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,523
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
417
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
82
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
554
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
470
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
				<TD colspan=21>
<HR noshade size=1>
	</TD>
			</TR>
			<tr>
				<td colspan="21">
					<HR noshade size=1>
				</td>
			</tr>
			<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><B><font size="2" color="#333333" face="Times New Roman">Net earnings per common share &#150; basic</font></B><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></p>
                </TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Continuing operations&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right><B><font size="2" color="#000080" face="Times New Roman">$1.99</font></B></TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><B><font size="2" color="#000080" face="Times New Roman">$0.43</font></B></TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.46</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.60</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.50</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$1.49</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.37</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.08</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.55</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.49</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Discontinued operations&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right><B><font size="2" color="#000080" face="Times New Roman">$0.05</font></B></TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><B><font size="2" color="#000080" face="Times New Roman">$0.01</font></B></TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.02</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.01</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.01</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.09</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.01</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.01</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.05</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.02</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Extraordinary gain&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">$ &#150;</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">$ &#150;</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
$ &#150;
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
$ &#150;
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
$ &#150;
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.07</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.07</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
$ &#150;
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
$ &#150;
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
$ &#150;
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Net earnings&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right><B><font size="2" color="#000080" face="Times New Roman">$2.04</font></B></TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><B><font size="2" color="#000080" face="Times New Roman">$0.44</font></B></TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.48</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.61</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.51</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$1.65</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.45</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.09</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.60</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.51</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><B><font size="2" color="#333333" face="Times New Roman">Net earnings per common share &#150; diluted</font></B><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></p>
                </TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Continuing operations&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right><B><font size="2" color="#000080" face="Times New Roman">$1.99</font></B></TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><B><font size="2" color="#000080" face="Times New Roman">$0.43</font></B></TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.46</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.60</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.50</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$1.49</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.37</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.08</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.55</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.49</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Discontinued operations&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right><B><font size="2" color="#000080" face="Times New Roman">$0.05</font></B></TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><B><font size="2" color="#000080" face="Times New Roman">$0.01</font></B></TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.02</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.01</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.01</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.09</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.01</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.01</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.05</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.02</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Extraordinary gain&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">$ &#150;</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">$ &#150;</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
$ &#150;
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
$ &#150;
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
$ &#150;
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.07</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.07</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
$ &#150;
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
$ &#150;
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
$ &#150;
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Net earnings&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right><B><font size="2" color="#000080" face="Times New Roman">$2.04</font></B></TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><B><font size="2" color="#000080" face="Times New Roman">$0.44</font></B></TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.48</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.61</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.51</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$1.65</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.45</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.09</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.60</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.51</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><B><font size="2" color="#333333" face="Times New Roman">Dividends per common share</font></B><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></p>
                </TD>
				<TD width=6% align=right><B><font size="2" color="#000080" face="Times New Roman">$1.32</font></B></TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><B><font size="2" color="#000080" face="Times New Roman">$0.33</font></B></TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.33</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.33</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.33</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$1.20</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.30</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.30</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.30</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.30</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><B><font size="2" color="#333333" face="Times New Roman">Average number of common shares outstanding &#150; basic&nbsp;(millions)</font></B><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">926.8</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">927.3</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
927.0
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
926.6
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
926.2
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
924.6
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
925.3
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
924.6
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
924.3
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
924.1
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
				<TD colspan=21>
<HR noshade size=1>
	</TD>
			</TR>
			<tr>
				<td colspan="21">
					<HR noshade size=1>
				</td>
			</tr>
			<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><B><font size="2" color="#333333" face="Times New Roman">The following items are included in net earnings:</font></B><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></p>
                </TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Net gains (losses) on investments&nbsp; </font></p>
                </TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 36"><font size="2" color="#333333" face="Times New Roman">Continuing operations&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">29</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">&#150;</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
&#150;
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
28
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
389
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
64
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
325
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
&#150;
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
&#150;
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 36"><font size="2" color="#333333" face="Times New Roman">Discontinued operations&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(1</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">&#150;</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
&#150;
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
&#150;
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(1
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
34
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(2
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(2
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
31
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
7
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Restructuring and other items&nbsp; </font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(38</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(16</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(21
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(3
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
2
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(772
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(62
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(725
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
16
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(1
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
</TR>
<TR>
				<TD colspan=21>
<HR noshade size=1>
	</TD>
			</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><B><font size="2" color="#333333" face="Times New Roman">Total</font></B><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(10</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(16</font></B>
	</TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(21
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
25
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
2
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(349
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
&#150;
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(402
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
47
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
6
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><B><font size="2" color="#333333" face="Times New Roman">Impact on net earnings per share</font></B><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></p>
                </TD>
				<TD width=6% align=right><B><font size="2" color="#000080" face="Times New Roman">$(0.01</font></B></TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=6% align=right><B><font size="2" color="#000080" face="Times New Roman">$(0.02</font></B></TD>
				<TD width=1% align=left><font color="#000080"><B><font size="2" face="Times New Roman">)</font></B><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$(0.02</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.03</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
$ &#150;
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$(0.37</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
$ &#150;
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$(0.43</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.05</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.01</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
			<TR>
				<TD colspan=21>
<HR noshade size=1>
	</TD>
			</TR>
			<TR valign="bottom">
				<TD align=left width="26%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">&nbsp;<B>EPS before net gains (losses) on investments and</B>&nbsp;<B>restructuring and other items&nbsp;</B><SUP>(2)</SUP></font></p>
                </TD>
				<TD width=6% align=right><B><font size="2" color="#000080" face="Times New Roman">$2.05</font></B></TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><B><font size="2" color="#000080" face="Times New Roman">$0.46</font></B></TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.50</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.58</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.51</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$2.02</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.45</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.52</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.55</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">$0.50</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
			<tr valign="bottom">
				<td colspan="21" align=left>
<HR noshade size=1>
				</td>
			</tr>
			<tr valign="bottom">
				<td colspan="21" align=left>
<HR noshade size=1>
				</td>
			</tr>
		</TABLE><BR>
<p><font size="2" face="Times New Roman"><font color="#000080">21&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</font><font size="2" color="#333333">&nbsp;</font>&nbsp;Q4
  Investor Briefing</font></p>
<hr noshade align="center" width="100%" size="1" color="#333333">
<p>&nbsp;</p>

<P><font size="2" color="#333333" face="Times New Roman">
Supplementary Financial Information</font></P>
<P><font size="4" color="navy" face="Times New Roman">
BCE Consolidated <SUP>(1)</SUP></font></P>
		<P><font size="2" color="#333333" face="Times New Roman">
Segmented Data</font></P>
		<table width="100%" border=0 cellspacing=0 cellpadding=0>
			<tr valign="bottom">
				<td align=left width="42%"><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><b><font face="Times New Roman" size="2" color="#000080">Q4</font></b></td>
				<td width=1% align=left><font face="Times New Roman" size="2" color="#000080">&nbsp; </font></td>
				<td width=6% align=right><font face="Times New Roman" size="2">Q4 </font></td>
				<td width=1% align=left><font face="Times New Roman" size="2">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font face="Times New Roman" size="2">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font face="Times New Roman" size="2">&nbsp; </font></td>
				<td width=6% align=right><b><font face="Times New Roman" size="2" color="#000080">Total</font></b></td>
				<td width=1% align=left><font face="Times New Roman" size="2" color="#000080">&nbsp; </font></td>
				<td width=6% align=right><font face="Times New Roman" size="2">Total </font></td>
				<td width=1% align=left><font face="Times New Roman" size="2">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font face="Times New Roman" size="2">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=2% align=left><font face="Times New Roman" size="2">&nbsp; </font></td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><i>($ millions, except where otherwise indicated)</i>&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">2005</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">2004 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">$ change </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">% change </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">2005</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">2004 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">$ change </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">% change </font></td>
				<td width=2% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
			</tr>
			<tr>
				<td colspan=17>
					<hr noshade size=1>
				</td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><b>Revenues</b>&nbsp; </font></p>
				</td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=2% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><b>Residential</b>&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">1,924</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">1,911 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">13 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">0.7%</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">7,599</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">7,502 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">97 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">1.3%</font></td>
				<td width=2% align=left></td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><b>Business</b>&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">1,627</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">1,535 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">92 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">6.0%</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp;</font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">6,120</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">5,851 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">269 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">4.6%</font></td>
				<td width=2% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><b>Aliant</b>&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">535</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">506 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">29 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">5.7%</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">2,097</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">2,033 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">64 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">3.1%</font></td>
				<td width=2% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><b>Other Bell Canada</b>&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">494</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">511 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">(17 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">(3.3 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">1,958</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">1,939 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">19 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">1.0%</font></td>
				<td width=2% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
			</tr>
			<tr valign="bottom">
				<td width="42%">
					<p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Inter-segment eliminations&nbsp; </font></p>
				</td>
				<td width=6% align=right>
					<p style="text-indent: -12; margin-left: 24"><b><font size="2" color="#000080" face="Times New Roman">(123</font></b></p>
				</td>
				<td width=1% align=left>
					<p align="left"><b><font size="2" color="#000080" face="Times New Roman">)</font></b><font size="2" color="#000080" face="Times New Roman">&nbsp;</font></p>
				</td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">(160 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">37 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">23.1%</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">(524</font></b></td>
				<td width=1% align=left><b><font size="2" color="#000080" face="Times New Roman">)</font></b><font size="2" color="#000080" face="Times New Roman">&nbsp;</font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">(538 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">14 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">2.6%</font></td>
				<td width=2% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
			</tr>
			<tr>
				<td colspan=17>
					<hr noshade size=1>
				</td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">&nbsp;Total Bell Canada&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">4,457</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">4,303 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">154 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">3.6%</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">17,250</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">16,787 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">463</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">2.8%</font></td>
				<td width=2% align=left></td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><b>Other BCE</b>&nbsp; </font></p>
				</td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=2% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Bell Globemedia&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">465</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">405 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">60 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">14.8%</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">1,555</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">1,420 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">135</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">9.5%</font></td>
				<td width=2% align=left></td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%" bordercolor="#333333" style="border-left-style: solid; border-top-style: solid;">
					<p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Advertising&nbsp; </font></p>
				</td>
				<td width=6% align=right bordercolor="#333333" style="border-top-style: solid"><b><font size="2" color="#000080" face="Times New Roman">354</font></b></td>
				<td width=1% align=left bordercolor="#333333" style="border-top-style: solid"><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right bordercolor="#333333" style="border-top-style: solid"><font size="2" color="#333333" face="Times New Roman">306 </font></td>
				<td width=1% align=left bordercolor="#333333" style="border-top-style: solid"><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right bordercolor="#333333" style="border-top-style: solid"><font size="2" color="#333333" face="Times New Roman">48 </font></td>
				<td width=1% align=left bordercolor="#333333" style="border-top-style: solid"><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right bordercolor="#333333" style="border-top-style: solid"><font size="2" color="#333333" face="Times New Roman">15.7%</font></td>
				<td width=1% align=left bordercolor="#333333" style="border-top-style: solid"><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right bordercolor="#333333" style="border-top-style: solid"><b><font size="2" color="#000080" face="Times New Roman">1,148</font></b></td>
				<td width=1% align=left bordercolor="#333333" style="border-top-style: solid"><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right bordercolor="#333333" style="border-top-style: solid"><font size="2" color="#333333" face="Times New Roman">1,041 </font></td>
				<td width=1% align=left bordercolor="#333333" style="border-top-style: solid"><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right bordercolor="#333333" style="border-top-style: solid"><font size="2" color="#333333" face="Times New Roman">107</font></td>
				<td width=1% align=left bordercolor="#333333" style="border-top-style: solid"><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right bordercolor="#333333" style="border-top-style: solid"><font size="2" color="#333333" face="Times New Roman">10.3%</font></td>
				<td width=2% align=left bordercolor="#333333" style="border-right-style: solid; border-top-style: solid"><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%" bordercolor="#333333" style="border-left-style: solid">
					<p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Subscriber&nbsp; </font></p>
				</td>
				<td width=6% align=right bordercolor="#333333"><b><font size="2" color="#000080" face="Times New Roman">86</font></b></td>
				<td width=1% align=left bordercolor="#333333"><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">77 </font></td>
				<td width=1% align=left bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">9 </font></td>
				<td width=1% align=left bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">11.7%</font></td>
				<td width=1% align=left bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right bordercolor="#333333"><b><font size="2" color="#000080" face="Times New Roman">320</font></b></td>
				<td width=1% align=left bordercolor="#333333"><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">298 </font></td>
				<td width=1% align=left bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">22</font></td>
				<td width=1% align=left bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">7.4%</font></td>
				<td width=2% align=left bordercolor="#333333" style="border-right-style: solid"><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
			</tr>
			<tr valign="bottom">
				<td width="42%" bordercolor="#333333" style="border-left-style: solid; border-bottom-style: solid">
					<p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Production and Sundry&nbsp; </font></p>
				</td>
				<td width=6% align=right bordercolor="#333333" style="border-bottom-style: solid"><b><font size="2" color="#000080" face="Times New Roman">25</font></b></td>
				<td width=1% align=left bordercolor="#333333" style="border-bottom-style: solid"><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right bordercolor="#333333" style="border-bottom-style: solid"><font size="2" color="#333333" face="Times New Roman">22 </font></td>
				<td width=1% align=left bordercolor="#333333" style="border-bottom-style: solid"><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right bordercolor="#333333" style="border-bottom-style: solid"><font size="2" color="#333333" face="Times New Roman">3 </font></td>
				<td width=1% align=left bordercolor="#333333" style="border-bottom-style: solid"><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right bordercolor="#333333" style="border-bottom-style: solid"><font size="2" color="#333333" face="Times New Roman">13.6%</font></td>
				<td width=1% align=left bordercolor="#333333" style="border-bottom-style: solid"><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right bordercolor="#333333" style="border-bottom-style: solid"><b><font size="2" color="#000080" face="Times New Roman">87</font></b></td>
				<td width=1% align=left bordercolor="#333333" style="border-bottom-style: solid"><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right bordercolor="#333333" style="border-bottom-style: solid"><font size="2" color="#333333" face="Times New Roman">81 </font></td>
				<td width=1% align=left bordercolor="#333333" style="border-bottom-style: solid"><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right bordercolor="#333333" style="border-bottom-style: solid"><font size="2" color="#333333" face="Times New Roman">6 </font></td>
				<td width=1% align=left bordercolor="#333333" style="border-bottom-style: solid"><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right bordercolor="#333333" style="border-bottom-style: solid"><font size="2" color="#333333" face="Times New Roman">7.4%</font></td>
				<td width=2% align=left bordercolor="#333333" style="border-right-style: solid; border-bottom-style: solid"><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Telesat&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">118</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">102 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">16 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">15.7%</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">475</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">362 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">113</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">31.2%</font></td>
				<td width=2% align=left></td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Other&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">13</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">19 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td align=right width="6%"><font size="2" color="#333333" face="Times New Roman">(6) </font></td>
				<td width="1%"></td>
				<td align="right" width="6%"><font size="2" color="#333333" face="Times New Roman">(31.6%</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">63</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">60 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">3</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">5.0%</font></td>
				<td width=2% align=left></td>
			</tr>
			<tr>
				<td colspan=17>
					<hr noshade size=1>
				</td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">&nbsp; &nbsp; Total Other BCE&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">596</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">526 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">70 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">13.3%</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">2,093</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">1,842 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">251</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">13.6%</font></td>
				<td width=2% align=left></td>
			</tr>
			<tr valign="bottom">
				<td width="42%">
					<p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Inter-segment eliminations&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">(67</font></b></td>
				<td width=1% align=left><b><font size="2" color="#000080" face="Times New Roman">)</font></b><font size="2" color="#000080" face="Times New Roman">&nbsp;</font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">(60 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
				<td align=right width="6%"><font size="2" color="#333333" face="Times New Roman">(7) </font></td>
				<td width="1%"></td>
				<td align="right" width="6%"><font size="2" color="#333333" face="Times New Roman">(11.7%</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">(238</font></b></td>
				<td width=1% align=left><b><font size="2" color="#000080" face="Times New Roman">)</font></b><font size="2" color="#000080" face="Times New Roman">&nbsp;</font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">(261 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">23 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">8.8%</font></td>
				<td width=2% align=left></td>
			</tr>
			<tr>
				<td colspan=17>
					<hr noshade size=1>
				</td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><b>Total revenues</b>&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">4,986</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">4,769 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">217 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">4.6%</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">19,105</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">18,368 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">737 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">4.0%</font></td>
				<td width=2% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
			</tr>
			<tr>
				<td colspan=17>
					<hr noshade size=1>
				</td>
			</tr>
			<tr>
				<td colspan="17">
					<hr noshade size=1>
				</td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><b>Operating income</b>&nbsp; </font></p>
				</td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=2% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><b>Residential</b>&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">444</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">464 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">(20 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">(4.3%</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">2,001</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">2,119 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">(118</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">(5.6%</font></td>
				<td width=2% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><b>Business</b>&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">236</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">183 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">53 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">29.0%</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">910</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">896 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">14</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">1.6%</font></td>
				<td width=2% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><b>Aliant</b>&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">105</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">23 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">82 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">n.m. </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">396</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">268 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">128</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">47.8%</font></td>
				<td width=2% align=left></td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><b>Other Bell Canada</b>&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">99</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">61 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">38 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">62.3%</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">448</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">(588 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">1,036</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">n.m. </font></td>
				<td width=2% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
			</tr>
			<tr>
				<td colspan=17>
					<hr noshade size=1>
				</td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">&nbsp; &nbsp; &nbsp;Total Bell Canada&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">884</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">731 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">153 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">20.9%</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">3,755</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">2,695 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">1,060</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">39.3%</font></td>
				<td width=2% align=left></td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><b>Other BCE</b>&nbsp; </font></p>
				</td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=2% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Bell Globemedia&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">101</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">103 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">(2 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">(1.9%</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">289</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">240 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">49</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">20.4%</font></td>
				<td width=2% align=left></td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Telesat&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">34</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">37 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">(3 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">(8.1%</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">157</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">141 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">16</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">11.3%</font></td>
				<td width=2% align=left></td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Other&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">(40</font></b></td>
				<td width=1% align=left><b><font size="2" color="#000080" face="Times New Roman">)</font></b><font size="2" color="#000080" face="Times New Roman">&nbsp;</font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">(57 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">17 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">29.8%</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">(153</font></b></td>
				<td width=1% align=left><b><font size="2" color="#000080" face="Times New Roman">)</font></b><font size="2" color="#000080" face="Times New Roman">&nbsp;</font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">(182 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">29</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">15.9%</font></td>
				<td width=2% align=left></td>
			</tr>
			<tr>
				<td colspan=17>
					<hr noshade size=1>
				</td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Total Other BCE&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">95</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">83 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">12 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">14.5%</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">293</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">199 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">94</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">47.2%</font></td>
				<td width=2% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
			</tr>
			<tr>
				<td colspan=17>
					<hr noshade size=1>
				</td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><b>Total operating income</b>&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">979</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">814 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">165 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">20.3%</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">4,048</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">2,894 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">1,154</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">39.9%</font></td>
				<td width=2% align=left></td>
			</tr>
			<tr>
				<td colspan=17>
					<hr noshade size=1>
				</td>
			</tr>
			<tr>
				<td colspan=17>
					<hr noshade size=1>
				</td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><b>Capital expenditures </b><sup>(4)</sup>&nbsp; </font></p>
				</td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=2% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><b>Residential</b>&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">350</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">418 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">68 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">16.3%</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">1,519</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">1,371 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td align=right width="6%"><font size="2" color="#333333" face="Times New Roman">(148</font></td>
				<td width="1%"><font size="2">)</font></td>
				<td align="right" width="6%"><font size="2" color="#333333" face="Times New Roman">(10.8%</font></td>
				<td width=2% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><b>Business</b>&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">206</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">330 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">124 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">37.6%</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">897</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">1,008 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">111</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">11.0%</font></td>
				<td width=2% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><b>Aliant</b>&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">77</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">114 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">37 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">32.5%</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">363</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">295 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td align=right width="6%"><font size="2" color="#333333" face="Times New Roman">(68</font></td>
				<td width="1%"><font size="2" color="#333333" face="Times New Roman">)</font></td>
				<td align="right" width="6%"><font size="2" color="#333333" face="Times New Roman">(23.1%</font></td>
				<td width=2% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><b>Other Bell Canada</b>&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">103</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">123 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">20 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">16.3%</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">343</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">352 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">9</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">2.6%</font></td>
				<td width=2% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
			</tr>
			<tr>
				<td colspan=17>
					<hr noshade size=1>
				</td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Total Bell Canada&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">736</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">985 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">249 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">25.3%</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">3,122</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">3,026 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">(96</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">(3.2% </font></td>
				<td width=2% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><b>Other BCE</b>&nbsp; </font></p>
				</td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=left></td>
				<td width=2% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Telesat&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">62</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">40 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td align=right width="6%"><font size="2" color="#333333" face="Times New Roman">(22) </font></td>
				<td width="1%"></td>
				<td align="right" width="6%"><font size="2" color="#333333" face="Times New Roman">(55.0%</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">260</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">257 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">(3</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">(1.2% </font></td>
				<td width=2% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">&nbsp;Other&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">33</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">18 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td align=right width="6%"><font size="2" color="#333333" face="Times New Roman">(15) </font></td>
				<td width="1%"></td>
				<td align="right" width="6%"><font size="2" color="#333333" face="Times New Roman">(83.3%</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">46</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">36 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td align=right width="6%"><font size="2" color="#333333" face="Times New Roman">(10 </font></td>
				<td width="1%"><font size="2" color="#333333" face="Times New Roman">)</font></td>
				<td align="right" width="6%"><font size="2" color="#333333" face="Times New Roman">(27.8%</font></td>
				<td width=2% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
			</tr>
			<tr>
				<td colspan=17>
					<hr noshade size=1>
				</td>
			</tr>
			<tr valign="bottom">
				<td align=left width="42%">
					<p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><b>Total capital expenditures</b>&nbsp; </font></p>
				</td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">831</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">1,043 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">212 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">20.3% </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><b><font size="2" color="#000080" face="Times New Roman">3,428</font></b></td>
				<td width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">3,319 </font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">(109</font></td>
				<td width=1% align=left><font size="2" color="#333333" face="Times New Roman">)&nbsp; </font></td>
				<td width=6% align=right><font size="2" color="#333333" face="Times New Roman">(3.3%</font></td>
				<td width=2% align=left><font size="2" color="#333333">)&nbsp; </font></td>
			</tr>
			<tr>
				<td colspan=17>
					<hr noshade size=1>
				</td>
			</tr>
			<tr>
				<td colspan="17">
					<hr noshade size=1>
				</td>
			</tr>
		</table>

        <font size="2" face="Times New Roman">n.m.: not meaningful</font>
		<BR>
<p><font size="2" face="Times New Roman"><font color="#000080">22&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</font><font size="2" color="#333333">&nbsp;</font>&nbsp;Q4
  Investor Briefing</font></p>
<hr noshade align="center" width="100%" size="1" color="#333333">
<p>&nbsp;</p>

<P><font size="4" color="navy" face="Times New Roman">
BCE Consolidated </font><font size="2" color="navy" face="Times New Roman"><SUP>(1)</SUP></font></P>
<P><font color="#333333" face="Times New Roman" size="2">
Segmented Data &#150; Historical Trend</font></P>
<TABLE width="100%" border=0 cellspacing=0 cellpadding=0>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font color="#000080" size="2" face="Times New Roman">Total</font></B>
	</TD>
				<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">
&nbsp;</font>
	</TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font color="#000080" size="2" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font color="#333333" size="2" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font color="#333333" size="2" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font color="#333333" size="2" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font color="#333333" size="2" face="Times New Roman">
Total
	</font></TD>
				<TD width=1% align=left>
<font size="2" face="Times New Roman">
&nbsp;</font>
	</TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left>
<font size="2" face="Times New Roman">
&nbsp;</font>
	</TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left>
<font size="2" face="Times New Roman">
&nbsp;</font>
	</TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left>
<font size="2" face="Times New Roman">
&nbsp;</font>
	</TD>
				<TD width=6% align=left>

	</TD>
				<TD width=2% align=left>
<font size="2" face="Times New Roman">
&nbsp;</font>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><I>($ millions, except where otherwise indicated)</I>&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">2005</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">Q4 05</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
Q3 05
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
Q2 05
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
Q1 05
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
2004
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
Q4 04
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
Q3 04
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
Q2 04
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
Q1 04
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
	<TD colspan=21>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Revenues</B>&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Residential</B>&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">7,599</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">1,924</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,929
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,890
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,856
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
7,502
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,911
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,908
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,858
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,825
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Business</B>&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">6,120</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">1,627</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,516
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,499
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,478
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
5,851
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,535
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,440
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,441
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,435
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Aliant</B>&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">2,097</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">535</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
520
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
518
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
524
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
2,033
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
506
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
497
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
526
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
504
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Other Bell Canada</B>&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">1,958</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">494</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
500
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
485
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
479
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,939
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
511
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
486
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
468
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
474
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD width="29%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">
Inter-segment eliminations&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(524</font></B>
	</TD>
				<TD width=1% align=left><B><font size="2" color="#000080" face="Times New Roman">)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(123</font></B>
	</TD>
				<TD width=1% align=left><B><font size="2" color="#000080" face="Times New Roman">)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(139
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(134
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(128
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(538
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(160
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(125
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(121
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(132
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
</TR>
<TR>
	<TD colspan=21>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Total Bell Canada&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">17,250</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">4,457</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
4,326
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
4,258
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
4,209
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
16,787
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
4,303
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
4,206
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
4,172
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
4,106
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Other BCE</B>&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Bell Globemedia&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">1,555</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">465</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
335
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
399
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
356
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,420
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
405
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
302
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
371
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
342
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%" style="border-left-style: solid; border-top-style: solid" bordercolor="#333333">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Advertising&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right style="border-top-style: solid" bordercolor="#333333">
<B><font size="2" color="#000080" face="Times New Roman">1,148</font></B>
	</TD>
				<TD width=1% align=left style="border-top-style: solid" bordercolor="#333333"><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right style="border-top-style: solid" bordercolor="#333333">
<B><font size="2" color="#000080" face="Times New Roman">354</font></B>
	</TD>
				<TD width=1% align=left style="border-top-style: solid" bordercolor="#333333"><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right style="border-top-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
233
	</font></TD>
				<TD width=1% align=left style="border-top-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right style="border-top-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
300
	</font></TD>
				<TD width=1% align=left style="border-top-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right style="border-top-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
261
	</font></TD>
				<TD width=1% align=left style="border-top-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right style="border-top-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
1,041
	</font></TD>
				<TD width=1% align=left style="border-top-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right style="border-top-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
306
	</font></TD>
				<TD width=1% align=left style="border-top-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right style="border-top-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
209
	</font></TD>
				<TD width=1% align=left style="border-top-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right style="border-top-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
277
	</font></TD>
				<TD width=1% align=left style="border-top-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right style="border-top-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
249
	</font></TD>
				<TD width=2% align=left style="border-right-style: solid; border-top-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%" style="border-left-style: solid" bordercolor="#333333">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Subscriber&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">320</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">86</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
79
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
78
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
77
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
298
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
77
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
73
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
74
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
74
	</font></TD>
				<TD width=2% align=left style="border-right-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD width="29%" style="border-left-style: solid; border-bottom-style: solid" bordercolor="#333333">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">
Production and Sundry&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right style="border-bottom-style: solid" bordercolor="#333333">
<B><font size="2" color="#000080" face="Times New Roman">87</font></B>
	</TD>
				<TD width=1% align=left style="border-bottom-style: solid" bordercolor="#333333"><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right style="border-bottom-style: solid" bordercolor="#333333">
<B><font size="2" color="#000080" face="Times New Roman">25</font></B>
	</TD>
				<TD width=1% align=left style="border-bottom-style: solid" bordercolor="#333333"><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right style="border-bottom-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
23
	</font></TD>
				<TD width=1% align=left style="border-bottom-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right style="border-bottom-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
21
	</font></TD>
				<TD width=1% align=left style="border-bottom-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right style="border-bottom-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
18
	</font></TD>
				<TD width=1% align=left style="border-bottom-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right style="border-bottom-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
81
	</font></TD>
				<TD width=1% align=left style="border-bottom-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right style="border-bottom-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
22
	</font></TD>
				<TD width=1% align=left style="border-bottom-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right style="border-bottom-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
20
	</font></TD>
				<TD width=1% align=left style="border-bottom-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right style="border-bottom-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
20
	</font></TD>
				<TD width=1% align=left style="border-bottom-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right style="border-bottom-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
19
	</font></TD>
				<TD width=2% align=left style="border-right-style: solid; border-bottom-style: solid" bordercolor="#333333"><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Telesat&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">475</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">118</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
112
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
137
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
108
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
362
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
102
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
91
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
85
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
84
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Other&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">63</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">13</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
15
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
24
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
11
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
60
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
19
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
12
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
19
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
10
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
	<TD colspan=21>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Total Other BCE&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">2,093</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">596</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
462
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
560
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
475
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,842
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
526
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
405
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
475
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
436
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD width="29%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">
Inter-segment eliminations&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(238</font></B>
	</TD>
				<TD width=1% align=left><B><font size="2" color="#000080" face="Times New Roman">)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(67</font></B>
	</TD>
				<TD width=1% align=left><B><font size="2" color="#000080" face="Times New Roman">)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(56
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(61
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(54
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(261
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(60
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(55
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(70
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(76
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
</TR>
<TR>
	<TD colspan=21>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Total revenues</B>&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">19,105</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">4,986</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
4,732
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
4,757
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
4,630
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
18,368
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
4,769
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
4,556
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
4,577
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
4,466
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
	<TD colspan=21>
<HR noshade size=1>
	</TD>
</TR>
<TR>
	<TD colspan=21>
<HR noshade size=1>
				</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%" height="10">
                </TD>
				<TD width=6% align=left height="10">

	</TD>
				<TD width=1% align=left height="10"></TD>
				<TD width=6% align=left height="10">

	</TD>
				<TD width=1% align=left height="10"></TD>
				<TD width=6% align=left height="10">

	</TD>
				<TD width=1% align=left height="10"></TD>
				<TD width=6% align=left height="10">

	</TD>
				<TD width=1% align=left height="10"></TD>
				<TD width=6% align=left height="10">

	</TD>
				<TD width=1% align=left height="10"></TD>
				<TD width=6% align=left height="10">

	</TD>
				<TD width=1% align=left height="10"></TD>
				<TD width=6% align=left height="10">

	</TD>
				<TD width=1% align=left height="10"></TD>
				<TD width=6% align=left height="10">

	</TD>
				<TD width=1% align=left height="10"></TD>
				<TD width=6% align=left height="10">

	</TD>
				<TD width=1% align=left height="10"></TD>
				<TD width=6% align=left height="10">

	</TD>
				<TD width=2% align=left height="10"></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Operating income</B>&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Residential</B>&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">2,001</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">444</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
479
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
552
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
526
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
2,119
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
464
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
569
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
560
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
526
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Business</B>&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">910</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">236</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
213
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
221
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
240
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
896
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
183
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
245
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
227
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
241
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Aliant</B>&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">396</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">105</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
105
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
99
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
87
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
268
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
23
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
71
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
92
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
82
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Other Bell Canada</B>&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">448</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">99</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
111
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
109
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
129
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(588
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
61
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(898
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
138
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
111
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
	<TD colspan=21>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Total Bell Canada&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">3,755</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">884</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
908
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
981
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
982
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
2,695
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
731
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(13
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,017
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
960
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Other BCE</B>&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Bell Globemedia&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">289</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">101</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
29
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
95
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
64
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
240
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
103
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
23
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
74
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
40
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Telesat&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">157</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">34</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
43
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
43
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
37
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
141
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
37
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
39
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
34
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
31
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Other&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(153</font></B>
	</TD>
				<TD width=1% align=left><B><font size="2" color="#000080" face="Times New Roman">)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(40</font></B>
	</TD>
				<TD width=1% align=left><B><font size="2" color="#000080" face="Times New Roman">)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(41
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(32
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(40
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(182
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(57
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(44
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(41
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
(40
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
</TR>
<TR>
	<TD colspan=21>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Total Other BCE&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">293</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">95</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
31
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
106
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
61
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
199
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
83
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
18
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
67
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
31
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
	<TD colspan=21>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Total operating income</B>&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">4,048</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">979</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
939
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,087
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,043
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
2,894
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
814
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
5
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,084
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
991
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
	<TD colspan=21>
<HR noshade size=1>
	</TD>
</TR>
			<tr>
				<td colspan="21">
<HR noshade size=1>
				</td>
			</tr>
			<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Capital expenditures </B><SUP>(4)</SUP>&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
			<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Residential</B>&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">1,519</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">350</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
434
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
394
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
341
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,371
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
418
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
377
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
331
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
245
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Business</B>&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">897</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">206</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
249
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
246
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
196
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,008
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
330
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
183
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
281
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
214
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Aliant</B>&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">363</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">77</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
100
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
104
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
82
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
295
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
114
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
51
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
45
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
85
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Other Bell Canada</B>&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">343</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">103</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
90
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
103
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
47
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
352
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
123
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
125
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
58
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
46
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
	<TD colspan=21>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Total Bell Canada&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">3,122</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">736</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
873
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
847
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
666
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
3,026
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
985
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
736
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
715
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
590
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Other BCE</B>&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=left>

	</TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Telesat&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">260</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">62</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
91
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
53
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
54
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
257
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
40
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
64
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
88
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
65
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Other&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">46</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">33</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
4
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
5
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
4
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
36
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
18
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
5
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
9
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
4
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
	<TD colspan=21>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="29%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Total capital expenditures</B>&nbsp;
	</font></p>
                </TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">3,428</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right>
<B><font size="2" color="#000080" face="Times New Roman">831</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
968
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
905
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
724
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
3,319
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
1,043
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
805
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
812
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=6% align=right><font size="2" color="#333333" face="Times New Roman">
659
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
	<TD colspan=21>
<HR noshade size=1>
				</TD>
</TR>
			<tr>
				<td colspan="21">
<HR noshade size=1>
				</td>
			</tr>
		</TABLE><BR>
<p><font size="2" face="Times New Roman"><font color="#000080">23&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</font><font size="2" color="#333333">&nbsp;</font>&nbsp;Q4
  Investor Briefing</font></p>
<hr noshade align="center" width="100%" size="1" color="#333333">
<p>&nbsp;</p>

<P><font size="2" color="#333333" face="Times New Roman">
Supplementary Financial Information</font></P>
<P><font size="4" color="navy" face="Times New Roman">
BCE Consolidated </font><font size="2" color="navy" face="Times New Roman"><SUP>(1)</SUP></font></P>
<P><font size="2" color="#333333" face="Times New Roman">
Consolidated Balance Sheet Data</font></P>
<TABLE width="100%" border=0 cellspacing=0 cellpadding=0>
<TR valign="bottom">
				<TD align=left width="42%"><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right>
<B><font size="2" face="Times New Roman" color="#000080">December 31</font></B>
	</TD>
				<TD width=1% align=left>
<font color="#000080">
&nbsp;</font>
	</TD>
				<TD width=10% align=right><font size="2" face="Times New Roman">
September 30
	</font></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" face="Times New Roman">
June 30
	</font></TD>
				<TD width=1% align=left><font size="2" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" face="Times New Roman">
March 31
	</font></TD>
				<TD width=1% align=left>&nbsp;

	</TD>
				<TD width=10% align=right><font size="2" face="Times New Roman">
December 31
	</font></TD>
				<TD width=2% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><I>($ millions, except where otherwise indicated)</I>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">2005</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
2005
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
2005
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
2005
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
2004
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
	<TD colspan=11>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>ASSETS</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Current assets</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Cash and cash equivalents&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">363</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
415
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
332
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
482
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
313
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Accounts receivable&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">1,766</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,806
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,728
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,914
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,951
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Other current assets&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">1,142</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,333
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,060
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,205
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,061
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Current assets of discontinued operations&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">402</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
378
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
369
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
368
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
383
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
	<TD colspan=11>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Total current assets</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">3,673</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
3,932
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
3,489
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
3,969
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
3,708
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Capital assets</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">22,062</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
21,941
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
21,761
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
21,087
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
21,104
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Other long-term assets</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">2,914</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
2,667
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
2,667
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
2,720
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
2,628
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Indefinite-life intangible assets</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">3,031</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
2,973
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
2,973
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
2,951
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
2,916
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Goodwill</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">7,887</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
7,900
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
7,854
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
7,814
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
7,756
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Non-current assets of discontinued operations</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">1,063</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,073
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,070
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,034
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,028
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
	<TD colspan=11>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Total assets</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">40,630</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
40,486
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
39,814
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
39,575
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
39,140
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
	<TD colspan=11>
<HR noshade size=1>
	</TD>
</TR>
			<tr>
				<td colspan="11">
<HR noshade size=1>
				</td>
			</tr>
			<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>LIABILITIES</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Current liabilities</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Accounts payable and accrued liabilities&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">3,435</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
3,287
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
3,060
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
3,052
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
3,444
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Interest payable&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">182</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
266
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
189
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
283
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
183
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Dividends payable&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">343</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
325
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
325
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
325
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
297
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Debt due within one year&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">1,373</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,260
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,494
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,423
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,272
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD width="42%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">
Current liabilities of discontinued operations&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">281</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
279
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
280
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
272
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
271
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
	<TD colspan=11>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Total current liabilities</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">5,614</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
5,417
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
5,348
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
5,355
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
5,467
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Long-term debt</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">12,119</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
12,558
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
12,407
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
12,185
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
11,685
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Other long-term liabilities</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">5,028</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
4,758
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
4,506
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
4,718
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
4,834
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Non-current liabilities of discontinued operations</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">250</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
251
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
170
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
195
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
222
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
	<TD colspan=11>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Total liabilities</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">23,011</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
22,984
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
22,431
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
22,453
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
22,208
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
	<TD colspan=11>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Non-controlling interest</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">2,898</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
2,892
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
2,905
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
2,914
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
2,908
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
	<TD colspan=11>
<HR noshade size=1>
	</TD>
</TR>
			<tr>
				<td colspan="11">
<HR noshade size=1>
				</td>
			</tr>
			<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>SHAREHOLDERS&#146; EQUITY</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Preferred shares</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">1,670</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,670
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,670
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,670
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,670
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
	<TD colspan=11>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Common shareholders&#146; equity</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Common shares&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">16,806</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
16,806
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
16,794
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
16,790
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
16,781
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Contributed surplus&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">1,081</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,076
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,071
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,065
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1,061
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Deficit&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(4,763</font></B>
	</TD>
				<TD width=1% align=left><B><font size="2" color="#000080" face="Times New Roman">)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
(4,871
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
(5,005
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
(5,264
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
(5,432
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 24"><font size="2" color="#333333" face="Times New Roman">Currency translation adjustment&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">(73</font></B>
	</TD>
				<TD width=1% align=left><B><font size="2" color="#000080" face="Times New Roman">)</font></B><font size="2" color="#000080" face="Times New Roman">&nbsp;</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
(71
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
(52
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
(53
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
(56
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
)&nbsp;
	</font></TD>
</TR>
<TR>
	<TD colspan=11>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Total common shareholders&#146; equity</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">13,051</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
12,940
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
12,808
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
12,538
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
12,354
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
	<TD colspan=11>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Total shareholders&#146; equity</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">14,721</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
14,610
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
14,478
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
14,208
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
14,024
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
	<TD colspan=11>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Total liabilities and shareholders&#146; equity</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">40,630</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
40,486
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
39,814
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
39,575
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
39,140
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
	<TD colspan=11>
<HR noshade size=1>
	</TD>
</TR>
<TR>
	<TD colspan=11>
<HR noshade size=1>
				</TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%" height="10">
                </TD>
				<TD width=10% align=right height="10">
	</TD>
				<TD width=1% align=left height="10"></TD>
				<TD width=10% align=right height="10"></TD>
				<TD width=1% align=left height="10"></TD>
				<TD width=10% align=right height="10"></TD>
				<TD width=1% align=left height="10"></TD>
				<TD width=10% align=right height="10"></TD>
				<TD width=1% align=left height="10"></TD>
				<TD width=10% align=right height="10"></TD>
				<TD width=2% align=left height="10"></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Number of common shares outstanding</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">927.3</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
927.3
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
926.7
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
926.4
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
925.9
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
	<TD colspan=11>
<HR noshade size=1>
	</TD>
</TR>
			<tr>
				<td colspan="11">
<HR noshade size=1>
				</td>
			</tr>
			<TR>
	<TD colspan=11>
      <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></p>
    </TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Total Net Debt</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">13,129</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
13,403
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
13,569
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
13,126
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
12,644
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Total Capitalization</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">30,748</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
30,905
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
30,952
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
30,248
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
29,576
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR>
	<TD colspan=11>
      <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></p>
    </TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Key ratios</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=left>

	</TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Net debt: Total Capitalization</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">42.7%</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">43.4%</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">43.8%</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">43.4%</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">42.8%</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">&nbsp; </font></TD>
</TR>
<TR valign="bottom">
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>Net debt: Trailing 12 month EBITDA</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">1.73</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1.78
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1.79
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1.75
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
1.70
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</TR>
<tr>
				<TD align=left width="42%">
                  <p style="text-indent: -12; margin-left: 12"><font size="2" color="#333333" face="Times New Roman"><B>EBITDA: Interest (trailing 12 month)</B>&nbsp;
	</font></p>
                </TD>
				<TD width=10% align=right>
<B><font size="2" color="#000080" face="Times New Roman">7.74</font></B>
	</TD>
				<TD width=1% align=left><font size="2" color="#000080" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
7.69
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
7.68
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
7.56
	</font></TD>
				<TD width=1% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
				<TD width=10% align=right><font size="2" color="#333333" face="Times New Roman">
7.44
	</font></TD>
				<TD width=2% align=left><font size="2" color="#333333" face="Times New Roman">
&nbsp;
	</font></TD>
</tr>
</TABLE>
<BR>
<p><font size="2" face="Times New Roman"><font color="#000080">24&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</font><font size="2" color="#333333">&nbsp;</font>&nbsp;Q4
  Investor Briefing</font></p>
<hr noshade align="center" width="100%" size="1" color="#333333">
<p>&nbsp;</p>

<P><font size="4" color="navy" face="Times New Roman"> BCE Consolidated</font></P>
<P><FONT face="Times New Roman" color=#333333 size=2>Consolidated Cash Flow Data</FONT></P>
<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>

    <TR vAlign=bottom>
      <TD align=left width="29%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>Q4</FONT></B></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp;</FONT> </TD>
      <TD align=right width="10%"><FONT face="Times New Roman" size=2>Q4</FONT>
      </TD>
      <TD align=left width="1%"><FONT face="Times New Roman"
      size=2>&nbsp;</FONT> </TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="1%"><FONT face="Times New Roman"
      size=2>&nbsp;</FONT> </TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>Total</FONT></B></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp;</FONT> </TD>
      <TD align=right width="10%"><FONT face="Times New Roman"
      size=2>Total</FONT> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman"
      size=2>&nbsp;</FONT> </TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="2%"><FONT face="Times New Roman"
      size=2>&nbsp;</FONT> </TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 12px; TEXT-INDENT: -12px"><FONT size=2><I><FONT
      face="Times New Roman" color=#333333>($ millions, except where otherwise
          indicated)</FONT></I><FONT face="Times New Roman"
      color=#333333>&nbsp;</FONT></FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>2005</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>2004 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>$ change </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>2005</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>2004 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>$ change </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
    </TR>
    <TR>
      <TD colSpan=13> <HR noShade SIZE=1> </TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 12px; TEXT-INDENT: -12px"><FONT size=2><B><FONT
      face="Times New Roman" color=#333333>Cash flows from operating activities</FONT></B><FONT face="Times New Roman"
      color=#333333>&nbsp;</FONT></FONT></P></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 24px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Earnings from continuing operations&nbsp;
          </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>418</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>354 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>64 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>1,915</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>1,447 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>468 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 36px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Adjustments to reconcile earnings
          from continuing&nbsp;operations to cash flows from operating activities:&nbsp;
          </FONT></P></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 36px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Amortization expense&nbsp; </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>791</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>787 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>4 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>3,114</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>3,056 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>58 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 36px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Net benefit plans cost&nbsp;
          </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>65</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>67 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(2 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>380</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>256 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>124 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 36px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Restructuring and other items&nbsp;
          </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>23</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>126 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(103 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>55</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>1,224 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(1,169 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 36px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Net gains on investments&nbsp;
          </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>1</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>12 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(11 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(33</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(320 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>287 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 36px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Future income taxes&nbsp; </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>465</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>62 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>403 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>746</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(35 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>781 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 36px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Non-controlling interest&nbsp;
          </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>74</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>40 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>34 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>267</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>174 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>93 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 36px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Contributions to employee pension
          plans&nbsp; </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(65</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(24 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(41 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(226</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(112 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(114 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 36px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Other employee future benefit
          plan payments&nbsp; </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(24</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(22 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(2 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(93</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(81 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(12 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 36px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Payments of restructuring and
          other items&nbsp; </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(23</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(214 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>191 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(176</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(253 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>77 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 36px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Operating assets and liabilities</FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(140</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>91 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(231 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(390</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>87 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(477 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
    </TR>
    <TR>
      <TD colSpan=13> <HR noShade SIZE=1> </TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 12px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>&nbsp; </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>1,585</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>1,279 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>306 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>5,559</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>5,443 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>116 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
    </TR>
    <TR>
      <TD colSpan=13> <HR noShade SIZE=1> </TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 24px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Capital expenditures&nbsp; </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(831</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(1,043 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>212 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(3,428</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(3,319 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(109 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 24px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Other investing activities&nbsp;
          </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>32</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(10 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>42 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>4</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>127 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(123 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 24px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Cash dividends paid on preferred
          shares&nbsp; </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(22</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(21 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(1 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(86</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(85 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(1 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 24px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Cash dividends paid by subsidiaries
          to non-controlling interest&nbsp; </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(35</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(49 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>14 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(192</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(188 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(4 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
    </TR>
    <TR>
      <TD colSpan=13> <HR noShade SIZE=1> </TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 12px; TEXT-INDENT: -12px"><FONT size=2><B><FONT
      face="Times New Roman" color=#333333>Free Cash Flow from operations, before
          common dividends</FONT>&nbsp;</B><FONT face="Times New Roman"
      color=#333333><SUP>(2)</SUP> </FONT></FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>729</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>156 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>573 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>1,857</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>1,978 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(121 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 24px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Cash dividends paid on common
          shares&nbsp; </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(306</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(277 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(29 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(1,195</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(1,108 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(87 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
    </TR>
    <TR>
      <TD colSpan=13> <HR noShade SIZE=1> </TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 12px; TEXT-INDENT: -12px"><FONT size=2><B><FONT
      face="Times New Roman" color=#333333>Free Cash Flow from operations, after
          common dividends</FONT>&nbsp;</B><FONT face="Times New Roman"
      color=#333333><SUP>(2)</SUP> </FONT></FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>423</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(121 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>544 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>662</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>870 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(208 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 24px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Business acquisitions&nbsp;
          </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(50</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(334 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>284 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(228</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(1,118 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>890 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 24px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Business dispositions&nbsp;
          </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>&#150;</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>&#150; </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>&#150; </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>&#150;</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>20 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(20 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 24px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Increase in investments&nbsp;
          </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(17</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(38 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>21 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(233</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(58 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(175 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 24px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Decrease in investments&nbsp;
          </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>12</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>&#150; </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>12 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>19</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>713 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(694 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
    </TR>
    <TR>
      <TD colSpan=13> <HR noShade SIZE=1> </TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 12px; TEXT-INDENT: -12px"><FONT size=2><B><FONT
      face="Times New Roman" color=#333333>Free Cash Flow after investments and
          divestitures</FONT></B><FONT face="Times New Roman"
      color=#333333>&nbsp;</FONT></FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>368</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(493 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>861 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>220</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>427 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(207 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
    </TR>
    <TR>
      <TD colSpan=13> <HR noShade SIZE=1> </TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 12px; TEXT-INDENT: -12px"><FONT size=2><B><FONT
      face="Times New Roman" color=#333333>Other financing activities</FONT></B><FONT face="Times New Roman"
      color=#333333>&nbsp;</FONT></FONT></P></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 24px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Increase (decrease) in notes
          payable and bank advances&nbsp; </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(187</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>7 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(194 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(66</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>130 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(196 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 24px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Issue of long-term debt&nbsp;
          </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>&#150;</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>56 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(56 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>1,190</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>1,306 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(116 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 24px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Repayment of long-term debt&nbsp;
          </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(196</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(580 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>384 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(1,178</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(2,256 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>1,078 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 24px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Issue of common shares&nbsp;
          </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>&#150;</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>16 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(16 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>25</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>32 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(7 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 24px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Issue of equity securities by
          subsidiaries to non-controlling interest&nbsp; </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>&#150;</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>1 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(1 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>1</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>8 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(7 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 24px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Redemption of equity securities
          by subsidiaries from non-controlling interest&nbsp; </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(18</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>&#150; </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(18 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(78</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(58 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(20 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 24px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Other financing activities&nbsp;
          </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(19</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(18 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(1 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(64</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(81 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>17 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
    </TR>
    <TR>
      <TD colSpan=13> <HR noShade SIZE=1> </TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 24px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>&nbsp; </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(420</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(518 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>98 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(170</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(919 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>749 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
    </TR>
    <TR>
      <TD colSpan=13> <HR noShade SIZE=1> </TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 12px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Cash provided by (used in) continuing
          operations&nbsp; </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(52</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(1,011 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>959 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>50</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(492 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>542 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 12px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Cash provided by (used in) discontinued
          operations&nbsp; </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>22</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>5 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>17 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>15</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>150 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(135 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
    </TR>
    <TR>
      <TD colSpan=13> <HR noShade SIZE=1> </TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 12px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Net increase (decrease) in cash
          and cash equivalents&nbsp; </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>(30</FONT></B> </TD>
      <TD align=left width="1%"><FONT color=#000080 size=2><B><FONT
      face="Times New Roman">)</FONT></B><FONT
      face="Times New Roman">&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(1,006 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>976 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>65</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(342 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>407 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 12px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Cash and cash equivalents at
          beginning of period&nbsp; </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>475</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>1,386 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(911 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>380</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>722 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(342 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>)&nbsp; </FONT></TD>
    </TR>
    <TR>
      <TD colSpan=13> <HR noShade SIZE=1> </TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 12px; TEXT-INDENT: -12px"><FONT size=2><B><FONT
      face="Times New Roman" color=#333333>Cash and cash equivalents at end of
          period</FONT></B><FONT face="Times New Roman"
      color=#333333>&nbsp;</FONT></FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>445</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>380 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>65 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>445</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>380 </FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>65 </FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
    </TR>
    <TR>
      <TD colSpan=13> <HR noShade SIZE=1> </TD>
    </TR>
    <TR>
      <TD align=left width="29%" height=10> <P style="MARGIN-LEFT: 24px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Consists of:</FONT> </P></TD>
      <TD align=left width="10%" height=10></TD>
      <TD align=left width="1%" height=10></TD>
      <TD align=left width="10%" height=10></TD>
      <TD align=left width="1%" height=10></TD>
      <TD align=left width="10%" height=10></TD>
      <TD align=left width="1%" height=10></TD>
      <TD align=left width="10%" height=10></TD>
      <TD align=left width="1%" height=10></TD>
      <TD align=left width="10%" height=10></TD>
      <TD align=left width="1%" height=10></TD>
      <TD align=left width="10%" height=10></TD>
      <TD align=left width="2%" height=10></TD>
    </TR>
    <TR>
      <TD align=left width="29%" height=10> <P style="MARGIN-LEFT: 36px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Cash and cash equivalents of
          continuing operations</FONT> </P></TD>
      <TD vAlign=bottom align=right width="10%" height=10><FONT
      face="Times New Roman" color=#000080 size=2><B>363</B></FONT> </TD>
      <TD vAlign=bottom align=right width="1%" height=10></TD>
      <TD vAlign=bottom align=right width="10%" height=10><FONT
      face="Times New Roman" color=#333333 size=2>313</FONT> </TD>
      <TD vAlign=bottom align=right width="1%" height=10></TD>
      <TD vAlign=bottom align=right width="10%" height=10><FONT
      face="Times New Roman" color=#333333 size=2>50</FONT> </TD>
      <TD vAlign=bottom align=right width="1%" height=10></TD>
      <TD vAlign=bottom align=right width="10%" height=10><B><FONT
      face="Times New Roman" color=#000080 size=2>363</FONT></B> </TD>
      <TD vAlign=bottom align=right width="1%" height=10></TD>
      <TD vAlign=bottom align=right width="10%" height=10><FONT
      face="Times New Roman" color=#333333 size=2>313</FONT> </TD>
      <TD vAlign=bottom align=right width="1%" height=10></TD>
      <TD vAlign=bottom align=right width="10%" height=10><FONT
      face="Times New Roman" color=#333333 size=2>50</FONT> </TD>
      <TD align=left width="2%" height=10></TD>
    </TR>
    <TR>
      <TD align=left width="29%" height=10> <P style="MARGIN-LEFT: 36px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Cash and cash equivalents of
          discontinued operations</FONT> </P></TD>
      <TD vAlign=bottom align=right width="10%" height=10><FONT
      face="Times New Roman" color=#000080 size=2><B>82</B></FONT> </TD>
      <TD vAlign=bottom align=right width="1%" height=10></TD>
      <TD vAlign=bottom align=right width="10%" height=10><FONT
      face="Times New Roman" color=#333333 size=2>67</FONT> </TD>
      <TD vAlign=bottom align=right width="1%" height=10></TD>
      <TD vAlign=bottom align=right width="10%" height=10><FONT
      face="Times New Roman" color=#333333 size=2>15</FONT> </TD>
      <TD vAlign=bottom align=right width="1%" height=10></TD>
      <TD vAlign=bottom align=right width="10%" height=10><B><FONT
      face="Times New Roman" color=#000080 size=2>82</FONT></B> </TD>
      <TD vAlign=bottom align=right width="1%" height=10></TD>
      <TD vAlign=bottom align=right width="10%" height=10><FONT
      face="Times New Roman" color=#333333 size=2>67</FONT> </TD>
      <TD vAlign=bottom align=right width="1%" height=10></TD>
      <TD vAlign=bottom align=right width="10%" height=10><FONT
      face="Times New Roman" color=#333333 size=2>15</FONT> </TD>
      <TD align=left width="2%" height=10></TD>
    </TR>
    <TR>
      <TD colSpan=13> <HR noShade SIZE=1> </TD>
    </TR>
    <TR>
      <TD align=left width="29%" height=10><FONT face="Times New Roman"
      color=#333333 size=2><B>Total</B></FONT> </TD>
      <TD vAlign=bottom align=right width="10%" height=10><B><FONT
      face="Times New Roman" color=#000080 size=2>445</FONT></B> </TD>
      <TD vAlign=bottom align=right width="1%" height=10></TD>
      <TD vAlign=bottom align=right width="10%" height=10><FONT
      face="Times New Roman" color=#333333 size=2>380</FONT> </TD>
      <TD vAlign=bottom align=right width="1%" height=10></TD>
      <TD vAlign=bottom align=right width="10%" height=10><FONT
      face="Times New Roman" color=#333333 size=2>65</FONT> </TD>
      <TD vAlign=bottom align=right width="1%" height=10></TD>
      <TD vAlign=bottom align=right width="10%" height=10><B><FONT
      face="Times New Roman" color=#000080 size=2>445</FONT></B> </TD>
      <TD vAlign=bottom align=right width="1%" height=10></TD>
      <TD vAlign=bottom align=right width="10%" height=10><FONT
      face="Times New Roman" color=#333333 size=2>380</FONT> </TD>
      <TD vAlign=bottom align=right width="1%" height=10></TD>
      <TD vAlign=bottom align=right width="10%" height=10><FONT
      face="Times New Roman" color=#333333 size=2>65</FONT> </TD>
      <TD align=left width="2%" height=10></TD>
    </TR>
    <TR>
      <TD colSpan=13> <HR noShade SIZE=1> </TD>
    </TR>
    <TR>
      <TD colSpan=13> <HR noShade SIZE=1> </TD>
    </TR>
    <TR>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 12px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333></FONT>&nbsp;</P></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 12px; TEXT-INDENT: -12px"><FONT size=2><B><FONT
      face="Times New Roman" color=#333333>Other information</FONT></B><FONT
      face="Times New Roman" color=#333333>&nbsp;</FONT></FONT></P></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=left width="10%"></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 12px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Capital expenditures as a percentage
          of revenues&nbsp; </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>16.7%</FONT></B> </TD>
      <TD align=left width="1%"><FONT size=2><FONT face="Times New Roman"
      color=#000080>&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>21.9%</FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>5.2 pts</FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>17.9%</FONT></B> </TD>
      <TD align=left width="1%"><FONT size=2><FONT face="Times New Roman"
      color=#000080>&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>18.1%</FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>0.2 pts</FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp;</FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 12px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Cash flow per share <SUP>(5)</SUP>&nbsp;
          </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>$0.81</FONT></B></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>$0.26</FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>$0.55</FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>$2.30</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>$2.30</FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>$0.00</FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 12px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" color=#333333 size=2>Annualized cash flow yield <SUP>(6)</SUP>&nbsp;
          </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>11.3%</FONT></B> </TD>
      <TD align=left width="1%"><FONT size=2><FONT face="Times New Roman"
      color=#000080>&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>2.3%</FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>9.0 pts</FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>7.2%</FONT></B> </TD>
      <TD align=left width="1%"><FONT size=2><FONT face="Times New Roman"
      color=#000080>&nbsp;</FONT></FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>7.4%</FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" color=#333333
      size=2>(0.2)&nbsp;pts</FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman" color=#333333
      size=2>&nbsp;</FONT></TD>
    </TR>
    <TR vAlign=bottom>
      <TD align=left width="29%"> <P style="MARGIN-LEFT: 12px; TEXT-INDENT: -12px"><FONT
      face="Times New Roman" size=2>Common dividend payout&nbsp; </FONT></P></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>74.1%</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp;</FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman"
      size=2>66.4%</FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman" size=2>7.7 </FONT><FONT face="Times New Roman" color=#333333 size=2>pts</FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><B><FONT face="Times New Roman" color=#000080
      size=2>63.2%</FONT></B> </TD>
      <TD align=left width="1%"><FONT face="Times New Roman" color=#000080
      size=2>&nbsp;</FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman"
      size=2>72.8%</FONT></TD>
      <TD align=left width="1%"><FONT face="Times New Roman" size=2>&nbsp; </FONT></TD>
      <TD align=right width="10%"><FONT face="Times New Roman"
      size=2>(9.6)&nbsp;pts</FONT></TD>
      <TD align=left width="2%"><FONT face="Times New Roman"
    size=2>&nbsp;</FONT></TD>
    </TR>

</TABLE>
<P><BR>
</P>
<p><font size="2" face="Times New Roman"><font color="#000080">25&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</font><font size="2" color="#333333">&nbsp;</font>&nbsp;Q4
  Investor Briefing</font></p>
<hr noshade align="center" width="100%" size="1" color="#333333">
<p>&nbsp;</p>


<P>
<font size="2" face="Times New Roman" color="#333333">Supplementary Financial Information</font></P>
<P>
<font face="Times New Roman" size="4" color="#000080">BCE Consolidated</font></P>
<P>
<font size="2" face="Times New Roman" color="#333333">Consolidated Cash Flow Data &#150; Historical Trend</font></P>
<TABLE border=0 cellspacing=0 cellpadding=0 width="100%">
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">Total</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">Total
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<I><font size="2">($ millions, except where otherwise indicated)</font></I><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">2005</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">Q4 05</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">Q3 05
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">Q2 05
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">Q1 05
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">2004
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">Q4 04
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">Q3 04
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">Q2 04
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">Q1 04
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left colspan="21">
<hr size="1" color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Cash flows from operating activities</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Earnings from continuing operations&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,915</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">418</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">448
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">570
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">479
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,447
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">354
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">90
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">529
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">474
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Adjustments to
	reconcile earnings from continuing operations to cash flows from operating activities:&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%">
 <p style="text-indent: -12px; margin-left: 36px"><font size="2" face="Times New Roman" color="#333333">Amortization expense</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">3,114</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">791</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">786
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">776
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">761
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">3,056
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">787
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">754
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">757
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">758
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%">
 <p style="text-indent: -12px; margin-left: 36px"><font size="2" face="Times New Roman" color="#333333">Net benefit plans cost&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">380</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">65</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">108
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">104
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">103
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">256
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">67
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">61
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">65
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">63
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%">
 <p style="text-indent: -12px; margin-left: 36px"><font size="2" face="Times New Roman" color="#333333">Restructuring and other items&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">55</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">23</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">31
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">5
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(4
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,224
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">126
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,081
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">14
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">3
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%">
 <p style="text-indent: -12px; margin-left: 36px"><font size="2" face="Times New Roman" color="#333333">Net (gains) losses on investments&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(33</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">&#150;
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(32
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(2
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(320
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">12
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(327
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">&#150;
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(5
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%">
 <p style="text-indent: -12px; margin-left: 36px"><font size="2" face="Times New Roman" color="#333333">Future income taxes&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">746</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">465</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">111
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">63
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">107
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(35
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">62
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(184
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">34
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">53
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%">
 <p style="text-indent: -12px; margin-left: 36px"><font size="2" face="Times New Roman" color="#333333">Non-controlling interest&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">267</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">74</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">57
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">73
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">63
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">174
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">40
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">47
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">39
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">48
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%">
<p style="text-indent: -12px; margin-left: 36px"><font size="2" face="Times New Roman" color="#333333">Contributions to employee pension plans&nbsp;
</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(226</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(65</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(33
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(34
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(94
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(112
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(24
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(32
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(27
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(29
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%">
<p style="text-indent: -12px; margin-left: 36px"><font size="2" face="Times New Roman" color="#333333">Other employee future benefit plan payments&nbsp;
</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(93</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(24</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(24
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(22
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(23
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(81
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(22
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(13
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(22
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(24
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%">
<p style="text-indent: -12px; margin-left: 36px"><font size="2" face="Times New Roman" color="#333333">Payments of restructuring and other items&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(176</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(23</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(24
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(28
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(101
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(253
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(214
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(12
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(8
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(19
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%">
 <p style="text-indent: -12px; margin-left: 36px"><font size="2" face="Times New Roman" color="#333333">Operating assets and liabilities&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(390</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(140</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">195
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(72
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(373
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">87
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">91
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">368
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(284
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(88
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
</TR>
<tr>
	<TD width="29%" align=left colspan="21">
<hr size="1" color="#333333">
	</TD>
	</tr>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">5,559</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,585</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,655
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,403
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">916
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">5,443
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,279
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,833
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,097
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,234
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="100%" align=left colspan="21">
 <hr size="1" color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Capital expenditures&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(3,428</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(831</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(968
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(905
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(724
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(3,319
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(1,043
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(805
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(812
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(659
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Other investing activities&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">4</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">32</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(3
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(10
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(15
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">127
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(10
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(2
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">120
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">19
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Cash dividends paid on preferred shares&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(86</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(22</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(21
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(22
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(21
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(85
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(21
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(21
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(21
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(22
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Cash dividends
	paid by subsidiaries to non-controlling interest&nbsp; </font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(192</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(35</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(47
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(60
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(50
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(188
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(49
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(44
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(52
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(43
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
</TR>
<tr>
	<TD width="29%" align=left colspan="21">
<hr size="1" color="#333333">
	</TD>
	</tr>
<TR valign="bottom">
	<TD width="29%" align=left>
 <p style="text-indent: -12px; margin-left: 12px"><font face="Times New Roman" color="#333333"><font size="2">&nbsp;</font><B><font size="2">Free Cash Flow from operations, before</font></B><font size="2">&nbsp;<B>common dividends </B><SUP>(2)</SUP></font></font></p>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,857</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">729</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">616
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">406
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">106
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,978
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">156
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">961
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">332
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">529
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Cash dividends paid on common shares&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(1,195</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(306</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(306
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(305
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(278
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(1,108
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(277
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(277
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(277
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(277
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
</TR>
			<tr>
	<TD width="29%" align=left colspan="21">
<hr size="1" color="#333333">
	</TD>
	</tr>
			<TR valign="bottom">
	<TD width="29%" align=left>
 <p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">&nbsp;</font><font face="Times New Roman" color="#333333"><B><font size="2">Free Cash Flow from operations, after</font></B><font size="2"> </font></font><font size="2" face="Times New Roman" color="#333333"><B>common dividends&nbsp;</B><SUP>(2)</SUP></font></TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">662</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">423</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">310
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">101
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(172
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">870
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(121
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">684
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">55
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">252
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
			<TR valign="bottom">
	<TD width="29%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Business acquisitions&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(228</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(50</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(56
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(35
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(87
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(1,118
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(334
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(646
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(79
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(59
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Business dispositions&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">&#150;</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">&#150;</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">&#150;
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">&#150;
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">&#150;
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">20
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">&#150;
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">4
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">&#150;
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">16
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Increase in investments&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(233</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(17</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(75
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(13
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(128
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(58
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(38
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(12
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(8
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">&#150;
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Decrease in investments&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">19</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">12</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">&#150;
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">5
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">2
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">713
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">&#150;
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">707
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">&#150;
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">6
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<tr>
	<TD width="29%" align=left colspan="21">
<hr size="1" color="#333333">
	</TD>
	</tr>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Free Cash Flow after investments and divestitures</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">220</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">368</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">179
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">58
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(385
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">427
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(493
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">737
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(32
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">215
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<tr>
	<TD width="29%" align=left colspan="21">
<hr size="1" color="#333333">
	</TD>
	</tr>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Other financing activities</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Increase (decrease) in notes payable and bank advances&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(66</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(187</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(65
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">341
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(155
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">130
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">7
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">173
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(69
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">19
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Issue of long-term debt&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,190</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">&#150;</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">200
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">205
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">785
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,306
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">56
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">11
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,238
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Repayment of long-term debt&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(1,178</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(196</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(209
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(719
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(54
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(2,256
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(580
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(98
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(714
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(864
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Issue of common shares&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">25</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">&#150;</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">12
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">4
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">9
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">32
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">16
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">8
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">4
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">4
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Issue of equity securities and convertible debentures by subsidiaries to non-controlling interest&nbsp; </font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">&#150;</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">&#150;
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">&#150;
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">8
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">&#150;
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">&#150;
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">7
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Redemption of
	equity securities by subsidiaries from non-controlling interest&nbsp; </font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(78</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(18</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(22
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(21
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(17
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(58
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">&#150;
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(4
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(12
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(42
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Other financing activities&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(64</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(19</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(13
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(18
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(14
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(81
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(18
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(18
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">3
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(48
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
</TR>
<tr>
	<TD width="29%" align=left colspan="21">
<hr size="1" color="#333333">
	</TD>
	</tr>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(170</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(420</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(96
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(208
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">554
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(919
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(518
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">72
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(787
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">314
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<tr>
	<TD width="29%" align=left colspan="21">
<hr size="1" color="#333333">
	</TD>
	</tr>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Cash provided by (used in) continuing operations&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">50</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(52</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">83
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(150
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">169
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(492
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(1,011
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">809
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(819
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">529
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Cash provided by (used in) discontinued operations&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">15</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">22</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">12
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">4
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(23
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">150
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">5
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">&#150;
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(115
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">260
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<tr>
	<TD width="29%" align=left colspan="21">
<hr size="1" color="#333333">
	</TD>
	</tr>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Net increase (decrease) in cash and cash equivalents&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">65</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(30</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">95
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(146
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">146
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(342
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(1,006
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">809
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(934
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">789
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Cash and cash equivalents at beginning of period&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">380</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">475</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">380
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">526
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">380
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">722
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,386
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">577
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,511
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">722
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<tr>
	<TD width="29%" align=left colspan="21">
<hr size="1" color="#333333">
	</TD>
	</tr>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Cash and cash equivalents at end of period</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">445</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">445</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">475
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">380
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">526
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">380
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">380
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,386
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">577
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,511
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<tr>
	<TD width="29%" align=left colspan="21">
<hr size="1" color="#333333">
	</TD>
	</tr>
<TR valign="bottom">
	<TD width="29%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Consists of:&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
 <p style="text-indent: -12px; margin-left: 36px"><font size="2" face="Times New Roman" color="#333333">Cash and cash equivalents of continuing operations&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">363</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">363</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">415
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">332
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">482
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">313
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">313
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,327
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">521
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,085
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=right>
<p style="text-indent: -12px; margin-left: 36px" align="left"><font size="2" face="Times New Roman" color="#333333">Cash and cash equivalents of discontinued operations&nbsp;
</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">82</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">82</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">60
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">48
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">44
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">67
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">67
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">59
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">56
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">426
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<tr>
	<TD width="29%" align=left colspan="21">
<hr size="1" color="#333333">
	</TD>
	</tr>
<TR valign="bottom">
	<TD width="29%" align=left>
 <p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">&nbsp; &nbsp; &nbsp;<B>Total</B>&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">445</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">445</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">475
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">380
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">526
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">380
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">380
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,386
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">577
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,511
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<tr>
	<TD width="29%" align=left colspan="21">
<hr size="1" color="#333333">
	</TD>
	</tr>
<TR valign="bottom">
	<TD width="100%" align=left colspan="21">
<hr size="1" color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
	<TD width="6%" align=left>

    <font face="Times New Roman" color="#000080">

	&nbsp;</font></TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#000080">
&nbsp;</font></TD>
	<TD width="6%" align=left>

    <font face="Times New Roman" color="#000080">

	&nbsp;</font></TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#000080">
&nbsp;</font></TD>
	<TD width="6%" align=left>

    <font face="Times New Roman" color="#333333">

	&nbsp;</font></TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
	<TD width="6%" align=left>

    <font face="Times New Roman" color="#333333">

	&nbsp;</font></TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
	<TD width="6%" align=left>

    <font face="Times New Roman" color="#333333">

	&nbsp;</font></TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
	<TD width="6%" align=left>

    <font face="Times New Roman" color="#333333">

	&nbsp;</font></TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
	<TD width="6%" align=left>

    <font face="Times New Roman" color="#333333">

	&nbsp;</font></TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
	<TD width="6%" align=left>

    <font face="Times New Roman" color="#333333">

	&nbsp;</font></TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
	<TD width="6%" align=left>

    <font face="Times New Roman" color="#333333">

	&nbsp;</font></TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
	<TD width="6%" align=left>

    <font face="Times New Roman" color="#333333">

	&nbsp;</font></TD>
	<TD width="2%" align=left>
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Other information</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Capital expenditures as a percentage of revenues&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">17.9%</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">16.7%</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">20.5%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="6%" align=right><font size="2" face="Times New Roman" color="#333333">19.0%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">15.6%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">18.1%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">21.9%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="6%" align=right><font size="2" face="Times New Roman" color="#333333">17.7%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">17.7%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">14.8%</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Cash flow per share <SUP>(5)</SUP>&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">$2.30</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">$0.81</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">$0.74
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">$0.54
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">$0.21
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">$2.30
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">$0.26
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">$1.11
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">$0.31
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">$0.62
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Annualized cash flow yield <SUP>(6)</SUP>&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">7.2%</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right><B><font size="2" face="Times New Roman" color="#000080">11.3%</font></B></TD>
	<TD width=1% align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">8.3%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">6.0%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1.5%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">7.4%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="6%" align=right><font size="2" face="Times New Roman" color="#333333">2.3% </font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">15.3%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">5.4%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">8.3%</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<tr>
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Common dividend payout&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right valign="bottom">
<B><font size="2" face="Times New Roman" color="#000080">63.2%</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right valign="bottom">
<B><font size="2" face="Times New Roman" color="#000080">74.1%</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right valign="bottom">
<font size="2" face="Times New Roman" color="#333333">69.4%</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="6%" align=right valign="bottom">
<font size="2" face="Times New Roman" color="#333333">54.2%</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="6%" align=right valign="bottom">
<font size="2" face="Times New Roman" color="#333333">58.6%</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="6%" align=right valign="bottom">
<font size="2" face="Times New Roman" color="#333333">72.8%</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="6%" align=right valign="bottom">
<font size="2" face="Times New Roman" color="#333333">66.4% </font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="6%" align=right valign="bottom">
<font size="2" face="Times New Roman" color="#333333">337.8%</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="6%" align=right valign="bottom">
<font size="2" face="Times New Roman" color="#333333">50.0%</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="6%" align=right valign="bottom"><font size="2" face="Times New Roman" color="#333333">58.9%</font></TD>
	<TD width="2%" align=left valign="bottom">
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</tr>
</TABLE><font size="2" face="Times New Roman"><BR>
</font>
<p><font size="2" face="Times New Roman"><font color="#000080">26&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</font><font size="2" color="#333333">&nbsp;</font>&nbsp;Q4
  Investor Briefing</font></p>
<hr noshade align="center" width="100%" size="1" color="#333333">
<p>&nbsp;</p>
<p><font size="2" face="Times New Roman">Proportionate Net Debt, Preferreds and EBITDA</font></p>
<P>
<B><font size="2" face="Times New Roman">BCE Corporate and Bell Canada Net debt and preferreds</font></B></P>
<TABLE border=0 cellspacing=0 cellpadding=0 width="100%">
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<I><font size="2" face="Times New Roman" color="#333333">At December 31, 2005</font></I><font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="10%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<B><font size="2" face="Times New Roman" color="#000080">Bell</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">Inter-
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<B><font size="2" face="Times New Roman" color="#000080">Total</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width=2% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="10%" align=right>
<font size="2" face="Times New Roman" color="#333333">Bell Canada
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<B><font size="2" face="Times New Roman" color="#000080">Canada</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">company
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<B><font size="2" face="Times New Roman" color="#000080">Bell</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">BCE Inc.</font></B>
	</TD>
	<TD width=2% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<I><font size="2" face="Times New Roman" color="#333333">($ millions, except where otherwise indicated)</font></I><font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="10%" align=right>
<font size="2" face="Times New Roman" color="#333333">(excl. Aliant) </font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<font size="2" face="Times New Roman" color="#333333">Aliant
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<B><font size="2" face="Times New Roman" color="#000080">Statutory</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">eliminations
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<B><font size="2" face="Times New Roman" color="#000080">Canada</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">Corporate</font></B>
	</TD>
	<TD width=2% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left colspan="13">
<hr size="1" color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Cash and cash equivalents&nbsp;
	</font>
	</TD>
	<TD width="10%" align=right>
<font size="2" face="Times New Roman" color="#333333">(38
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<font size="2" face="Times New Roman" color="#333333">(195
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<B><font size="2" face="Times New Roman" color="#000080">(233</font></B>
	</TD>
	<TD width="1%" align=left>
<font face="Times New Roman" color="#000080">
<B><font size="2">)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<B><font size="2" face="Times New Roman" color="#000080">(233</font></B>
	</TD>
	<TD width="1%" align=left>
<font face="Times New Roman" color="#000080">
<B><font size="2">)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">3</font></B>
	</TD>
	<TD width=2% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Long-term debt&nbsp;
	</font>
	</TD>
	<TD width="10%" align=right>
<font size="2" face="Times New Roman" color="#333333">9,279
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<font size="2" face="Times New Roman" color="#333333">898
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<B><font size="2" face="Times New Roman" color="#000080">10,177</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">(339
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<B><font size="2" face="Times New Roman" color="#000080">9,838</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,700</font></B>
	</TD>
	<TD width=2% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Debt due within one year&nbsp;
	</font>
	</TD>
	<TD width="10%" align=right>
<font size="2" face="Times New Roman" color="#333333">818
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<font size="2" face="Times New Roman" color="#333333">18
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<B><font size="2" face="Times New Roman" color="#000080">836</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">(96
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<B><font size="2" face="Times New Roman" color="#000080">740</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">300</font></B>
	</TD>
	<TD width=2% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Long-term note receivable from BCH&nbsp;
	</font>
	</TD>
	<TD width="10%" align=right>
<font size="2" face="Times New Roman" color="#333333">(498
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<font size="2" face="Times New Roman" color="#333333">&#150;
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<B><font size="2" face="Times New Roman" color="#000080">(498</font></B>
	</TD>
	<TD width="1%" align=left>
<font face="Times New Roman" color="#000080">
<B><font size="2">)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">498
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<B><font size="2" face="Times New Roman" color="#000080">&#150;</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">&#150;</font></B>
	</TD>
	<TD width=2% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">PPA fair value increment <SUP>(7)</SUP>&nbsp;
	</font>
	</TD>
	<TD width="10%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<B><font size="2" face="Times New Roman" color="#000080">99</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">&#150;</font></B>
	</TD>
	<TD width=2% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
</TR>
<tr>
	<TD width="43%" align=left colspan="13">
<hr size="1" color="#333333">
	</TD>
	</tr>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<B><font size="2" face="Times New Roman" color="#333333">Net debt</font></B><font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="10%" align=right>
<font size="2" face="Times New Roman" color="#333333">9,561
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<font size="2" face="Times New Roman" color="#333333">721
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<B><font size="2" face="Times New Roman" color="#000080">10,282</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">63
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<B><font size="2" face="Times New Roman" color="#000080">10,444</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">2,003</font></B>
	</TD>
	<TD width=2% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Preferred shares &#150; Bell Canada <SUP>(8)</SUP>&nbsp;
	</font>
	</TD>
	<TD width="10%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,100
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,100</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,100</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">&#150;</font></B>
	</TD>
	<TD width=2% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Preferred shares &#150; Aliant <SUP>(8)</SUP>&nbsp;
	</font>
	</TD>
	<TD width="10%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<font size="2" face="Times New Roman" color="#333333">172
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<B><font size="2" face="Times New Roman" color="#000080">172</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<B><font size="2" face="Times New Roman" color="#000080">172</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">&#150;</font></B>
	</TD>
	<TD width=2% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Perpetual Preferred shares &#150; BCE&nbsp;
	</font>
	</TD>
	<TD width="10%" align=right>
<font size="2" face="Times New Roman" color="#333333">&#150;
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<font size="2" face="Times New Roman" color="#333333">&#150;
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<B><font size="2" face="Times New Roman" color="#000080">&#150;</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<B><font size="2" face="Times New Roman" color="#000080">&#150;</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,670</font></B>
	</TD>
	<TD width=2% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Nortel common shares at market&nbsp;
	</font>
	</TD>
	<TD width="10%" align=right>
<font size="2" face="Times New Roman" color="#333333">&#150;
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<font size="2" face="Times New Roman" color="#333333">&#150;
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<B><font size="2" face="Times New Roman" color="#000080">&#150;</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<B><font size="2" face="Times New Roman" color="#000080">&#150;</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(52</font></B>
	</TD>
	<TD width=2% align=left>
<font face="Times New Roman" color="#000080">
<B><font size="2">)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
</TR>
<tr>
	<TD width="43%" align=left colspan="13">
<hr size="1" color="#333333">
	</TD>
	</tr>
<tr>
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<B><font size="2" face="Times New Roman" color="#333333">Net debt and preferreds</font></B><font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="10%" align=right>
<font size="2" face="Times New Roman" color="#333333">10,661
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<font size="2" face="Times New Roman" color="#333333">893
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<B><font size="2" face="Times New Roman" color="#000080">11,554</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">63
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width=8% align=right>
<B><font size="2" face="Times New Roman" color="#000080">11,716</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">3,621</font></B>
	</TD>
	<TD width=2% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
</tr>
<tr>
	<TD width="45%" align=left colspan="13">
<hr size="1" color="#333333">
	</TD>
	</tr>
<tr>
	<TD width="45%" align=left colspan="13">
<hr size="1" color="#333333">
	</TD>
	</tr>
</TABLE><font size="2" face="Times New Roman"><BR>
</font>
<P>
<B><font size="2" face="Times New Roman" color="#333333">Proportionate net debt and preferreds, Trailing EBITDA</font></B></P>
<TABLE border=0 cellspacing=0 cellpadding=0 width="100%">
			<tr valign="bottom">
				<td colspan="6" align=left><font face="Times New Roman" color="#333333"><I><font size="2">For the quarter ended December 31, 2005</font></I><font size="2">&nbsp;</font></font></td>
				<td width=1% align=left></td>
				<td width="6%" align=left></td>
				<td width=1% align=left></td>
				<td width="6%" align=left></td>
				<td width=1% align=left></td>
				<td width="6%" align=left></td>
				<td width=1% align=left></td>
				<td width="6%" align=left></td>
				<td width=1% align=left></td>
				<td width="6%" align=left></td>
				<td width=1% align=left></td>
				<td width="6%" align=right></td>
				<td width=1% align=left></td>
				<td width="6%" align=left></td>
				<td width=1% align=left></td>
				<td width="6%" align=left></td>
				<td width=1% align=left></td>
				<td width="6%" align=left></td>
				<td width="2%" align=left></td>
			</tr>
			<TR valign="bottom">
	<TD width="15%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman"><font size="2"> </font></font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">Propor-</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="15%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">tionate</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="15%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">%
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">net debt</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	<p align="right"></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="15%" align=left rowspan="2">
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<I><font size="2">($ millions, except where otherwise indicated)</font></I><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">owned
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">and pre-</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="27%" colspan="7" align="center">
<p><font size="2" face="Times New Roman" color="#333333">Total&nbsp;EBITDA </font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="27%" align=center colspan="7"><p><font size="2" face="Times New Roman" color="#333333">Proportionate&nbsp;EBITDA</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">by BCE
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">ferreds</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">Q4 05
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">Q3 05
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">Q2 05
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">Q1 05
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">Trailing
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">Q4 05
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">Q3 05
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">Q2 05
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">Q1 05
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">Trailing
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan="25">
<hr size="1" color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="15%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Bell Canada (excluding Aliant)&nbsp;
</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">100%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="6%" align=left>
<p align="right">
<B><font size="2" face="Times New Roman" color="#000080">10,823</font></B>
	</TD>
	<TD width="1%" align=left>
<B><font size="2" face="Times New Roman" color="#000080">*</font></B></TD>
	<TD width="6%" align=left>
<p align="right"><font face="Times New Roman" color="#333333"><B><font size="2">&nbsp;</font></B><font size="2">1,504</font></font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,578
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,618
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,605
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">6,305
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,504
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,578
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,618
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,605
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">6,305
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="15%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Aliant&nbsp;
</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">53.2%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">475</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">225
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">226
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">221
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">210
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">882
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">120
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">120
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">117
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">112
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">469
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=25>
<hr size="1" color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="21%" colspan=2 align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333"><B>Total Bell Canada Consolidated</B>
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">11,298</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,729
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,804
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,839
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,815
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">7,187
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,624
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,698
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,735
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,717
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">6,774
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="15%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Other BCE</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="15%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Bell Globemedia&nbsp;
</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">68.5%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">260</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">120
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">46
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">114
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">83
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">363
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">73
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">23
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">68
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">49
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">213
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="15%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Telesat&nbsp;
</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">100%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">276</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">65
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">70
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">71
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">63
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">269
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">65
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">70
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">71
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">63
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">269
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="15%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Corporate and other&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">100%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">3,613</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(36
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(36
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(39
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(37
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(148
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(36
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(36
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(39
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(37
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">(148
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=25>
<hr size="1" color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="15%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Total Other BCE&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">4,149</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">149
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">80
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">146
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">109
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">484
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">102
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">57
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">100
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">75
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman" color="#333333">334
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<tr>
	<TD width="15%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Inter-segment eliminations&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
				<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
				<TD valign="bottom" width="6%" align=right></TD>
				<TD valign="bottom" width=1% align=left><font face="Times New Roman" color="#000080"><font size="2">&nbsp; </font></font></TD>
				<TD valign="bottom" width="6%" align=right><font size="2" color="#333333" face="Times New Roman">(20</font></TD>
				<TD valign="bottom" width=1% align=left><font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font></TD>
				<TD valign="bottom" width="6%" align=right><font size="2" face="Times New Roman" color="#333333">(20  </font></TD>
				<TD valign="bottom" width=1% align=left><font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font></TD>
				<TD valign="bottom" width="6%" align=right><font size="2" face="Times New Roman" color="#333333">(13</font></TD>
				<TD valign="bottom" width=1% align=left><font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font></TD>
				<TD valign="bottom" width="6%" align=right><font size="2" face="Times New Roman" color="#333333">(21
	</font></TD>
				<TD valign="bottom" width=1% align=left><font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font></TD>
				<TD valign="bottom" width="6%" align=right><font size="2" face="Times New Roman" color="#333333">(74  </font></TD>
				<TD valign="bottom" width=1% align=left><font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font></TD>
				<TD valign="bottom" width="6%" align=right><font size="2" face="Times New Roman" color="#333333">(20 </font></TD>
				<TD valign="bottom" width=1% align=left><font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font></TD>
				<TD valign="bottom" width="6%" align=right><font size="2" face="Times New Roman" color="#333333">(20</font></TD>
				<TD valign="bottom" width=1% align=left><font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font></TD>
				<TD valign="bottom" width="6%" align=right><font size="2" face="Times New Roman" color="#333333">(13  </font></TD>
				<TD valign="bottom" width=1% align=left><font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font></TD>
				<TD valign="bottom" width="6%" align=right><font size="2" face="Times New Roman" color="#333333">(21 </font></TD>
				<TD valign="bottom" width=1% align=left><font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font></TD>
				<TD valign="bottom" width="6%" align=right><font size="2" face="Times New Roman" color="#333333">(74</font></TD>
				<TD valign="bottom" width="2%" align=left><font size="2" face="Times New Roman" color="#333333">)</font></TD>
</tr>
<tr>
	<TD align=left colspan="25">
<hr size="1" color="#333333">
	</TD>
	</tr>
<tr>
	<TD width="15%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Total</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">15,447</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,858</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,864</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,972</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,903</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">7,597</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,706</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,735</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,822</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,771</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">7,034</font></B>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
</tr>
<TR valign="bottom">
	<TD align=left colspan="25">
<hr size="1" color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan="25">
<hr size="1" color="#333333">
	</TD>
</TR>
</TABLE>

<TABLE border=0 cellspacing=0 cellpadding=0 width="100%">
<TR valign="bottom">
	<TD width="1%" align=left valign="top">
<font size="2" face="Times New Roman" color="#333333">*</font></TD>
	<TD width="99%" align=left valign="top">
<font size="2" face="Times New Roman" color="#333333">Bell Canada (excl. Aliant) net debt and preferreds of $10,661 million plus $63 million of inter-company eliminations plus $99 million upon consolidation (PPA fair value increment).</font></TD>
</TR>
</TABLE><font size="2" face="Times New Roman"><BR>
</font>
<p><font size="2" face="Times New Roman"><font color="#000080">27&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</font><font size="2" color="#333333">&nbsp;</font>&nbsp;Q4
  Investor Briefing</font></p>
<hr noshade align="center" width="100%" size="1" color="#333333">
<p>&nbsp;</p>

<P>
<font size="2" face="Times New Roman">Supplementary Financial Information</font></P>
<P>
<font face="Times New Roman" size="4" color="#000080">Bell Canada Consolidated </font><font size="2" face="Times New Roman" color="#000080"><SUP>(1)</SUP></font></P>
<P>
<font size="2" face="Times New Roman">Operational Data</font></P>
<TABLE border=0 cellspacing=0 cellpadding=0 width="100%" height="10">
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">&nbsp;</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">Q4</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">Q4
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">Total</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">Total
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<I><font size="2">($ millions, except where otherwise indicated)</font></I><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">2005</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">2004
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">$ change
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">% change </font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">2005</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">2004
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">$ change
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">% change
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=17 width="35%">
<hr size="1" color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Revenues</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Local and access&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,343</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,397
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(54
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(3.9%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">5,446</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">5,572
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(126
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(2.3%</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Long distance&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">478</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">560
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>
<p align="right"><font size="2" face="Times New Roman" color="#333333">(82</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">)</font></TD>
	<TD width="7%" align=left>
<p align="right"><font size="2" face="Times New Roman" color="#333333">(14.6%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">2,044</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">2,327
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(283
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(12.2%</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Wireless&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">812</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">742
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">70
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">9.5%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">3,097</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">2,818
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">279
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">9.9%</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Data&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,097</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">963
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">134
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">13.9%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">4,015</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">3,640
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">375
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">10.3%</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Video&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">268</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">219
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">49
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">22.4%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">976</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">850
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">126
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">14.8%</font></TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Terminal sales and other&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">459</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">422
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">37
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">8.8%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,672</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,580
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">92
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">5.8%</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR>
	<TD colspan=17 width="35%">
<hr size="1" color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Total operating revenues</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">4,457</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,303
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">154
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">3.6%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">17,250</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">16,787
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">463
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">2.8%</font>
	</TD>
	<TD width="2%" align=left>

	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Operating expenses&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(2,728</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(2,624
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(104
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(4.0%</font>
	</TD>
	<TD width="1%" align=right>
<p align="left"><font size="2" face="Times New Roman" color="#333333">)</font></TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(10,063</font></B></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">) </font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(9,676
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(387
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(4.0%</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
</TR>
<TR>
	<TD colspan=17 width="35%">
<hr size="1" color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">EBITDA</font>&nbsp;</B><font size="2"><SUP>(2)</SUP></font></font></TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,729</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,679
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">50
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">3.0%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">7,187</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">7,111
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">76
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">1.1%</font></TD>
	<TD width="2%" align=left>

	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><I><font size="2">EBITDA margin (%) </font> </I></B><font size="2"><SUP>(3)</SUP>&nbsp;
	</font>
</font>
	</TD>
	<TD width="7%" align=right>
<B><I><font size="2" face="Times New Roman" color="#000080">38.8%</font></I></B>
	</TD>
	<TD width=1% align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<I><font size="2" face="Times New Roman" color="#333333">39.0%</font></I>
	</TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#333333"><font size="2">&nbsp;
	</font></font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<I><font size="2" face="Times New Roman" color="#333333">(0.2)&nbsp;pts</font></I>
	</TD>
	<TD width=1% align=left>&nbsp;</TD>
	<TD width="7%" align=right>
<B><I><font size="2" face="Times New Roman" color="#000080">41.7%</font></I></B>
	</TD>
	<TD width=1% align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<I><font size="2" face="Times New Roman" color="#333333">42.4%</font></I>
	</TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#333333"><font size="2">&nbsp;
	</font></font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<I><font size="2" face="Times New Roman" color="#333333">(0.7)&nbsp;pts</font></I>
	</TD>
	<TD width="2%" align=left></TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Amortization expense&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(755</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(763
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">8
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1.0%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(2,989</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(2,962
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(27
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">(0.9%</font></TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Net benefit plans cost&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(66</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(62
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(4
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">(6.5%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(389</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(235
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(154
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">(65.5%</font></TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Restructuring and other items&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(24</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(123
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">99
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">80.5%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(54</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(1,219
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,165
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">95.6%</font></TD>
	<TD width="2%" align=left>

	</TD>
</TR>
<TR>
	<TD colspan=17 width="35%">
<hr size="1" color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Operating income</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">884</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">731
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">153
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">20.9%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">3,755</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">2,695
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,060
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">39.3%</font></TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Other income&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">&#150;</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">20
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>
<p align="right"><font size="2" face="Times New Roman" color="#333333">(20</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">)</font></TD>
	<TD align="right" width="7%">
<font size="2" face="Times New Roman" color="#333333">(100.0%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">39</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">183
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(144
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">(78.7%</font></TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Interest expense&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(208</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(212
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1.9%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(827</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(863
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">36
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">4.2%</font></TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR>
	<TD colspan=17 width="35%">
<hr size="1" color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Pre-tax earnings</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">676</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">539
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">137
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">25.4%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">2,967</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">2,015
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">952
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">47.2%</font></TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Income taxes&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(138</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(140
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">2
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1.4%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(743</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(506
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(237
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">(46.8%</font></TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Non-controlling interest&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(22</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">8
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(30
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">n.m.
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(71</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">9
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(80
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">n.m.
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=17 width="35%">
<hr size="1" color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Net earnings before extraordinary gain</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">516</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">407
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">109
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">26.8%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">2,153</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,518
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">635
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">41.8%</font></TD>
	<TD width="2%" align=left>

	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Extraordinary gain&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">&#150;</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">69
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>
<p align="right"><font size="2" face="Times New Roman" color="#333333">&nbsp;(69</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">)</font></TD>
	<TD width="7%" align=left>
<p align="right"><font size="2" face="Times New Roman" color="#333333">(100.0%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">&#150;</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">69
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>
<p align="right"><font size="2" face="Times New Roman" color="#333333">&nbsp;(69</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">)</font></TD>
	<TD align="right" width="7%">
<font size="2" face="Times New Roman" color="#333333">(100.0%</font></TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
</TR>
<TR>
	<TD colspan=17 width="35%">
<hr size="1" color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Net earnings</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">516</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">476
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">40
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">8.4%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">2,153</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,587
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">566
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">35.7%</font></TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Dividends on preferred shares&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(14</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(11
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>
<p align="right"><font size="2" face="Times New Roman" color="#333333">(3 </font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">)</font></TD>
	<TD width="7%" align=left>
<p align="right"><font size="2" face="Times New Roman" color="#333333">(27.3%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(55</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(60
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">5
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">8.3%</font></TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR>
	<TD colspan=17 width="35%">
<hr size="1" color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Net earnings applicable to common shares</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">502</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">465
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">37
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">8.0%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">2,098</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,527
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">571
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">37.4%</font></TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR>
	<TD colspan=17 width="35%">
<hr size="1" color="#333333">
	</TD>
</TR>
<TR>
	<TD colspan=17 width="35%">
					<hr size="1" color="#333333">
				</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width="2%" align=left>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Other information</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Cash flow information</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Free Cash Flow (FCF)</font>&nbsp;</B><font size="2"><SUP>(2)</SUP></font></font></TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Cash from operating activities&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,630</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,293
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">337
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">26.1%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">5,508</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">5,333
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">175
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">3.3%</font></TD>
	<TD width="2%" align=left>

	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Capital expenditures&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(736</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(985
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">249
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">25.3%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(3,122</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(3,026
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(96
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(3.2%</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Dividends and distributions&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(404</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(351
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>
<p align="right"><font size="2" face="Times New Roman" color="#333333">&nbsp;(53</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">)</font></TD>
	<TD width="7%" align=left>
<p align="right"><font size="2" face="Times New Roman" color="#333333">(15.1%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(1,747</font></B>
	</TD>
	<TD width=1% align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(1,736
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(11
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(0.6%</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Other investing items&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(8
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">9
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">n.m.
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">5</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(15
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">20
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">n.m.</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=17 width="35%">
<hr size="1" color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Total</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">491</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(51
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">542
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">n.m.
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">644</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">556
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">88
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">15.8
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">%&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=17 width="35%">
<hr size="1" color="#333333">
	</TD>
</TR>
<tr>
	<TD width="100%" align=left colspan="17">
<hr size="1" color="#333333">
	</TD>
	</tr>
<tr>
	<TD width="35%" align=left>
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
	<TD width="7%" align=right>
<font face="Times New Roman" color="#000080">
&nbsp;</font></TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#000080">
&nbsp;</font></TD>
	<TD width="7%" align=right>
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
	<TD width="7%" align=left>

    <font face="Times New Roman" color="#333333">

	&nbsp;</font></TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
	<TD width="7%" align=right>
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
	<TD width="7%" align=right>
<font face="Times New Roman" color="#000080">
&nbsp;</font></TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#000080">
&nbsp;</font></TD>
	<TD width="7%" align=right>
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
	<TD width="7%" align=left>

    <font face="Times New Roman" color="#333333">

	&nbsp;</font></TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
	<TD width="7%" align=right>
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
	<TD width="2%" align=left>
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
</tr>
<tr>
	<TD width="35%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Capital expenditures as a percentage of revenues (%)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">16.5%</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">22.9%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">6.4&nbsp;pts</font></TD>
	<TD width=1% align=left></TD>
	<TD width="7%" align=right><B><font size="2" face="Times New Roman" color="#000080">18.1%</font></B></TD>
	<TD width=1% align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">18.0%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(0.1) pts</font>
	</TD>
	<TD width="2%" align=left></TD>
</tr>
</TABLE><font size="2" face="Times New Roman"><BR>
</font>
<p>&nbsp;</p>
<TABLE border=0 cellspacing=0 cellpadding=0 width="100%">
<TR valign="bottom">
	<TD width="83%" align=left>
<font face="Times New Roman">
<B><font size="2">Balance Sheet Information</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">Dec. 31</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman">Dec. 31
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="83%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">2005</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman">2004
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=5 width="83%">
<hr size="1" color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="83%" align=left>
<font face="Times New Roman">
<B><font size="2">Net Debt</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="83%" align=left>
 <font size="2" face="Times New Roman">&nbsp; &nbsp; &nbsp;Long-term debt&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">10,177</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman">9,166
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="83%" align=left>
 <font size="2" face="Times New Roman">&nbsp; &nbsp; &nbsp;Debt due within one year&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">836</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman">1,352
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="83%" align=center>
<p align="left"><font size="2" face="Times New Roman">Less: Cash and cash equivalents&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(233</font></B>
	</TD>
	<TD width="1%" align=left>
<font face="Times New Roman" color="#000080">
<B><font size="2">)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman">(32
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=5 width="83%">
<hr size="1" color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="83%" align=left>
<font face="Times New Roman">
<B><font size="2">Total Net Debt</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">10,780</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman">10,486
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="83%" align=left>
<font size="2" face="Times New Roman">Non-controlling interest&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,212</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman">1,229
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="83%" align=left>
<font size="2" face="Times New Roman">Total shareholders&#146; equity&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">10,135</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman">9,670
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=5 width="83%">
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="83%" align=left>
<font face="Times New Roman">
<B><font size="2">Total Capitalization</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">22,127</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman">21,385
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=5 width="83%">
<hr size="1" color="#333333">
	</TD>
</TR>
<tr>
	<TD colspan=5 width="83%">
					<hr size="1" color="#333333">
				</TD>
</tr>
<TR>
	<TD colspan=5 width="83%">
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="83%" align=left>
<font size="2" face="Times New Roman">Net Debt: Total Capitalization&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">48.7%</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman">49.0%</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp; </font>
	</TD>
</TR>
			<TR valign="bottom">
	<TD width="83%" align=left>
<font size="2" face="Times New Roman">Net Debt: Trailing 12 month EBITDA&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1.50</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman">1.47
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
			<tr>
	<TD width="83%" align=left>
<font size="2" face="Times New Roman">EBITDA : Interest (trailing 12 month)&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">8.69</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman">8.24
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</tr>
			<tr>
				<td width="83%" align=left><font size="2">n.m.: not meaningful</font></td>
				<td width="7%" align=right></td>
				<td width="1%" align=left></td>
				<td width="7%" align=right></td>
				<td width="2%" align=left></td>
			</tr>
		</TABLE><p>&nbsp;</p>
<p><font size="2" face="Times New Roman"><font color="#000080">28&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</font><font size="2" color="#333333">&nbsp;</font>&nbsp;Q4
  Investor Briefing</font></p>
<hr noshade align="center" width="100%" size="1" color="#333333">
<p>&nbsp;</p>

<P>
<font face="Times New Roman" size="4" color="#000080">Bell Canada Consolidated </font><font size="2" face="Times New Roman" color="#000080"><SUP>(1)</SUP></font></P>
<P>
<font size="2" face="Times New Roman">Operational Data &#150; Historical Trend</font></P>
<TABLE border=0 cellspacing=0 cellpadding=0 width="100%">
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">Total</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">Total
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman">
<I><font size="2">($ millions, except where otherwise indicated)</font></I><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">2005</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">Q4 05</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">Q3 05
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">Q2 05
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">Q1 05
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">2004
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">Q4 04
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">Q3 04
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">Q2 04
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">Q1 04
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=21 width="29%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman">
<B><font size="2">Revenues</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width=6% align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman">Local and access&nbsp;
	</font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">5,446</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,343</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">1,367
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">1,368
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">1,368
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">5,572
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">1,397
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">1,395
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">1,401
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">1,379
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman">Long distance&nbsp;
	</font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">2,044</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">478</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">510
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">518
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">538
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">2,327
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">560
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">589
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">572
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">606
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman">Wireless&nbsp;
	</font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">3,097</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">812</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">801
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">771
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">713
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">2,818
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">742
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">727
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">698
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">651
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman">Data&nbsp;
	</font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">4,015</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,097</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">1,001
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">966
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">951
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">3,640
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">963
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">915
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">870
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">892
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman">Video&nbsp;
	</font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">976</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">268</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">251
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">236
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">221
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">850
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">219
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">213
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">211
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">207
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman">Terminal sales and other&nbsp;
	</font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,672</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">459</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">396
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">399
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">418
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">1,580
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">422
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">367
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">420
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">371
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=21 width="29%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman">
<B><font size="2">Total operating revenues</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">17,250</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">4,457</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">4,326
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">4,258
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">4,209
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">16,787
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">4,303
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">4,206
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">4,172
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">4,106
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman">Operating expenses&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(10,063 </font> </B>
	</TD>
	<TD width="1%" align=right>
<p align="left">
<B><font size="2" face="Times New Roman" color="#000080">)</font></B></TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(2,728 </font> </B>
	</TD>
	<TD width="1%" align=right>
<p align="left"><b><font size="2" face="Times New Roman" color="#000080">)</font></b></TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(2,522 </font>
	</TD>
	<TD width="1%" align=right>
<p align="left"><font size="2" face="Times New Roman">)</font></TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(2,419 </font>
	</TD>
	<TD width="1%" align=right>
<p align="left"><font size="2" face="Times New Roman">)</font></TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(2,394</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(9,676 </font>
	</TD>
	<TD width="1%" align=right>
<p align="left"><font size="2" face="Times New Roman">)</font></TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(2,624</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(2,350
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(2,351 </font>
	</TD>
	<TD width="1%" align=right>
<p align="left"><font size="2" face="Times New Roman">)</font></TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(2,351</font></TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=21 width="29%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman">
<B><font size="2">EBITDA</font>&nbsp;</B><font size="2"><SUP>(2)</SUP></font></font></TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">7,187</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,729</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">1,804
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">1,839
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">1,815
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">7,111
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">1,679
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">1,856
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">1,821
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">1,755
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman">
<B><I><font size="2">EBITDA margin (%) </font> </I></B><font size="2"><SUP>(3)</SUP>&nbsp;
	</font>
</font>
	</TD>
	<TD width=6% align=right>
<B><I><font size="2" face="Times New Roman" color="#000080">41.7%</font></I></B>
	</TD>
	<TD width=1% align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><I><font size="2" face="Times New Roman" color="#000080">38.8%</font></I></B>
	</TD>
	<TD width=1% align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<I><font size="2" face="Times New Roman">41.7%</font></I>
	</TD>
	<TD width=1% align=left>
<font face="Times New Roman"><font size="2">&nbsp;
	</font></font>
	</TD>
	<TD width="6%" align=right>
<I><font size="2" face="Times New Roman">43.2%</font></I>
	</TD>
	<TD width=1% align=left>
<font face="Times New Roman"><font size="2">&nbsp;
	</font></font>
	</TD>
	<TD width="6%" align=right>
<I><font size="2" face="Times New Roman">43.1%</font></I>
	</TD>
	<TD width=1% align=left>
<font face="Times New Roman"><font size="2">&nbsp;
	</font></font>
	</TD>
	<TD width="6%" align=right>
<I><font size="2" face="Times New Roman">42.4%</font></I>
	</TD>
	<TD width=1% align=left>
<font face="Times New Roman"><font size="2">&nbsp;
	</font></font>
	</TD>
	<TD width="6%" align=right><I><font size="2" face="Times New Roman">39.0%</font></I></TD>
	<TD width=1% align=left>
<font face="Times New Roman"><font size="2">&nbsp;
	</font></font>
	</TD>
	<TD width="6%" align=right>
<I><font size="2" face="Times New Roman">44.1%</font></I>
	</TD>
	<TD width=1% align=left>
<font face="Times New Roman"><font size="2">&nbsp;
	</font></font>
	</TD>
	<TD width="6%" align=right>
<I><font size="2" face="Times New Roman">43.6%</font></I>
	</TD>
	<TD width=1% align=left>
<font face="Times New Roman"><font size="2">&nbsp;
	</font></font>
	</TD>
	<TD width="6%" align=right>
<I><font size="2" face="Times New Roman">42.7%</font></I>
	</TD>
	<TD width="2%" align=left>
<font face="Times New Roman"><font size="2">&nbsp;
	</font></font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman">Amortization expense&nbsp;
	</font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">(2,989</font></B>
	</TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#000080">
<B><font size="2">)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(755</font></B>
	</TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#000080">
<B><font size="2">)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(756
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(746
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(732
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(2,962
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(763
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(734
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(733
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(732
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman">Net benefit plans cost&nbsp;
	</font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">(389</font></B>
	</TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#000080">
<B><font size="2">)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(66</font></B>
	</TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#000080">
<B><font size="2">)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(110
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(107
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(106
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(235
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(62
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(55
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(58
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(60
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman">Restructuring and other items&nbsp;
	</font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">(54</font></B>
	</TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#000080">
<B><font size="2">)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(24</font></B>
	</TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#000080">
<B><font size="2">)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(30
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(5
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">5
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(1,219
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(123
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(1,080
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(13
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(3
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=21 width="29%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman">
<B><font size="2">Operating income (loss)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">3,755</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">884</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">908
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">981
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">982
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">2,695
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">731
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(13
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">1,017
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">960
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman">Other income&nbsp;
	</font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">39</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">&#150;</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">15
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">13
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">11
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">183
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">20
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">114
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">19
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">30
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman">Interest expense&nbsp;
	</font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">(827</font></B>
	</TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#000080">
<B><font size="2">)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(208</font></B>
	</TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#000080">
<B><font size="2">)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(207
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(206
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(206
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(863
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(212
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(215
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(216
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(220
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=21 width="29%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman">
<B><font size="2">Pre-tax earnings (loss)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">2,967</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">676</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">716
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">788
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">787
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">2,015
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">539
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(114
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">820
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">770
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman">Income taxes&nbsp;
	</font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">(743</font></B>
	</TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#000080">
<B><font size="2">)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(138</font></B>
	</TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#000080">
<B><font size="2">)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(198
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(178
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(229
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(506
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(140
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">75
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(245
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(196
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman">Non-controlling interest&nbsp;
	</font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">(71</font></B>
	</TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#000080">
<B><font size="2">)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(22</font></B>
	</TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#000080">
<B><font size="2">)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(16
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(17
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(16
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">9
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">8
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">2
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">9
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(10
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=21 width="29%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman">
<B><font size="2">Net earnings (loss) before extraordinary&nbsp;gain</font></B></font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">2,153</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">516</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">502
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">593
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">542
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">1,518
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">407
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(37
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">584
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">564
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman">Extraordinary gain&nbsp;
	</font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">&#150;</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">&#150;</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">&#150;
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">&#150;
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">&#150;
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">69
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">69
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">&#150;
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">&#150;
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">&#150;
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=21 width="29%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman">
<B><font size="2">Net earnings</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">2,153</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">516</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">502
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">593
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">542
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">1,587
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">476
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(37
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">584
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">564
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman">Dividends on preferred shares&nbsp;
	</font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">(55</font></B>
	</TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#000080">
<B><font size="2">)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(14</font></B>
	</TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#000080">
<B><font size="2">)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(14
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(13
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(14
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(60
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(11
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(16
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(17
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(16
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=21 width="29%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman">
<B><font size="2">Net earnings applicable to common shares</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">2,098</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">502</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">488
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">580
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">528
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">1,527
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">465
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(53
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">567
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">548
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=21 width="29%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR>
	<TD colspan=21 width="29%" height="10">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman">
<B><font size="2">Other information</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width=6% align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman">
<B><font size="2">Cash flow information</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width=6% align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman">
<B><font size="2">Free Cash Flow (FCF)</font>&nbsp;</B><font size="2"><SUP>(2)</SUP></font></font></TD>
	<TD width=6% align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman">Cash from operating activities&nbsp;
	</font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">5,508</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,630</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">1,551
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">1,467
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">860
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">5,333
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">1,293
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">1,756
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">1,089
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">1,195
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman">Capital expenditures&nbsp;
	</font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">(3,122</font></B>
	</TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#000080">
<B><font size="2">)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(736</font></B>
	</TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#000080">
<B><font size="2">)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(873
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(847
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(666
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(3,026
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(985
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(736
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(715
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(590
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman">Dividends and distributions&nbsp;
	</font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">(1,747</font></B>
	</TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#000080">
<B><font size="2">)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(404</font></B>
	</TD>
	<TD width=1% align=left>
<font face="Times New Roman" color="#000080">
<B><font size="2">)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(468
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(453
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(422
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(1,736
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(351
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(445
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(437
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(503
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman">Other investing items&nbsp;
	</font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">5</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">4
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">4
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(4
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(15
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(8
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">1
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(1
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(7
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=21 width="29%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman">
<B><font size="2">Total</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width=6% align=right>
<B><font size="2" face="Times New Roman" color="#000080">644</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">491</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">214
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">171
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(232
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">556
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(51
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">576
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">(64
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman">)&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right>
<font size="2" face="Times New Roman">95
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=21 width="29%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR>
	<TD colspan=21 width="29%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR>
	<TD colspan=21 width="29%">
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman">&nbsp;
	</font>
	</TD>
</TR>
<tr>
	<TD width="29%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman">Capital expenditures as a percentage of revenues (%)&nbsp;
</font>
	</TD>
	<TD width=6% align=right valign="bottom">
<B><font size="2" face="Times New Roman" color="#000080">18.1%</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right valign="bottom">
<B><font size="2" face="Times New Roman" color="#000080">16.5%</font></B>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="6%" align=right valign="bottom">
<font size="2" face="Times New Roman">20.2%</font>
	</TD>
	<TD width=1% align=left valign="bottom">
<font size="2" face="Times New Roman">&nbsp; </font>
	</TD>
	<TD width="6%" align=right valign="bottom"><font size="2" face="Times New Roman">19.9%</font></TD>
	<TD width=1% align=left valign="bottom">
<font size="2" face="Times New Roman">&nbsp; </font>
	</TD>
	<TD width="6%" align=right valign="bottom"><font size="2" face="Times New Roman">15.8%</font></TD>
	<TD width=1% align=left valign="bottom">
<font size="2" face="Times New Roman">&nbsp; </font>
	</TD>
	<TD width="6%" align=right valign="bottom"><font size="2" face="Times New Roman">18.0%</font></TD>
	<TD width=1% align=left valign="bottom">
<font size="2" face="Times New Roman">&nbsp; </font>
	</TD>
	<TD width="6%" align=right valign="bottom"><font size="2" face="Times New Roman">22.9%</font></TD>
	<TD width=1% align=left valign="bottom">
<font size="2" face="Times New Roman">&nbsp; </font>
	</TD>
	<TD width="6%" align=right valign="bottom"><font size="2" face="Times New Roman">17.5%</font></TD>
	<TD width=1% align=left valign="bottom">
<font size="2" face="Times New Roman">&nbsp; </font>
	</TD>
	<TD width="6%" align=right valign="bottom"><font size="2" face="Times New Roman">17.1%</font></TD>
	<TD width=1% align=left valign="bottom">
<font size="2" face="Times New Roman">&nbsp; </font>
	</TD>
	<TD width="6%" align=right valign="bottom"><font size="2" face="Times New Roman">14.4%</font></TD>
	<TD width="2%" align=left valign="bottom">
<font size="2" face="Times New Roman">&nbsp; </font>
	</TD>
</tr>
</TABLE>&nbsp;<p>&nbsp;</p>
<TABLE border=0 cellspacing=0 cellpadding=0 width="100%">
<TR valign="bottom">
	<TD width="54%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Balance Sheet Information</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">Dec. 31</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">Sept. 30
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">June 30
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">March 31
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">Dec. 31
	</font>
	</TD>
	<TD width=2% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="54%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">2005</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">2005
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">2005
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">2005
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">2004
	</font>
	</TD>
	<TD width=2% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=11 width="54%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="54%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Net Debt</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width=2% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="54%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Long-term debt&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">10,177</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">10,171
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">10,023
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">9,657
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">9,166
	</font>
	</TD>
	<TD width=2% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="54%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Debt due within one year&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">836</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,365
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,500
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,634
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,352
	</font>
	</TD>
	<TD width=2% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="54%" align=center>
<p align="left" style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Less: Cash and cash equivalents&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">(233</font></B>
	</TD>
	<TD width="1%" align=left>
<B><font size="2" face="Times New Roman" color="#000080">)</font></B><font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">(298
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">(169
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">(308
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">(32
	</font>
	</TD>
	<TD width=2% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=11 width="54%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="54%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Total Net Debt</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">10,780</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">11,238
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">11,354
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">10,983
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">10,486
	</font>
	</TD>
	<TD width=2% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="54%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Non-controlling interest&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,212</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,125
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,162
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,202
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,229
	</font>
	</TD>
	<TD width=2% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="54%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Total shareholders&#146; equity&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">10,135</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">10,067
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">9,957
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">9,796
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">9,670
	</font>
	</TD>
	<TD width=2% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=11 width="54%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="54%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Total Capitalization</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">22,127</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">22,430
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">22,473
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">21,981
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">21,385
	</font>
	</TD>
	<TD width=2% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=11 width="54%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="100%" align=left colspan="11">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="54%" align=left height="10">
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
	<TD width="8%" align=right height="10">
<font face="Times New Roman" color="#000080">
&nbsp;</font></TD>
	<TD width="1%" align=left height="10">
<font face="Times New Roman" color="#000080">
&nbsp;</font></TD>
	<TD width="8%" align=right height="10">
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
	<TD width="1%" align=left height="10">
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
	<TD width="8%" align=right height="10">
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
	<TD width="1%" align=left height="10">
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
	<TD width="8%" align=right height="10">
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
	<TD width="1%" align=left height="10">
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
	<TD width="8%" align=right height="10">
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
	<TD width=2% align=left height="10">
<font face="Times New Roman" color="#333333">
&nbsp;</font></TD>
</TR>
<TR valign="bottom">
	<TD width="54%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Net Debt: Total Capitalization&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><B><font size="2" face="Times New Roman" color="#000080">48.7%</font></B></TD>
	<TD width="1%" align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">50.1%</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">50.5%</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">50.0%</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">49.0%</font>
	</TD>
	<TD width=2% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="54%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Net Debt : Trailing 12 month EBITDA&nbsp;
</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1.50</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1.57
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1.58
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1.53
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1.47
	</font>
	</TD>
	<TD width=2% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<tr>
	<TD width="54%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">EBITDA : Interest (trailing 12 month)&nbsp;
</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">8.69</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">8.59
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">8.57
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">8.45
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">8.24
	</font>
	</TD>
	<TD width=2% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</tr>
</TABLE><font size="2" face="Times New Roman"><BR>
</font>
<p><font size="2" face="Times New Roman"><font color="#000080">29&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</font><font size="2" color="#333333">&nbsp;</font>&nbsp;Q4
  Investor Briefing</font></p>
<hr noshade align="center" width="100%" size="1" color="#333333">
<p>&nbsp;</p>

<P>
<font size="2" face="Times New Roman">Supplementary Financial Information</font></P>
<P>
<font face="Times New Roman" size="4" color="#000080">Bell Canada Consolidated </font><font size="2" face="Times New Roman" color="#000080"><SUP>(1)</SUP></font></P>
<P>
<font size="2" face="Times New Roman">Statistical Data</font></P>
<TABLE border=0 cellspacing=0 cellpadding=0 width="100%">
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">&nbsp;</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">Q4</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">Q4
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">Total</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">Total
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">2005</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">2004
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">% change
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">2005</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">2004
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">% change
	</font>
	</TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=13 width="43%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Wireline</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Local</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Network access services (k)&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Residential&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">7,985</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">8,392
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">(4.8%</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">7,985</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">8,392
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">(4.8%</font>
	</TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Business&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">4,596</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,513
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1.8%</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">4,596</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,513
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1.8%</font>
	</TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR>
	<TD colspan=13 width="43%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Total&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">12,581</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">12,905
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="3%" align=right>
<font size="2" face="Times New Roman" color="#333333">(2.5% </font>
	</TD>
	<TD width="1%">
<font size="2" face="Times New Roman" color="#333333">)&nbsp;</font></TD>
	<TD width="2%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">12,581</font></B></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">12,905
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">(2.5% </font>
	</TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
</TR>
<TR>
	<TD colspan=13 width="43%">
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">SmartTouch feature revenues ($M)&nbsp;
</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">217</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">233
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">(6.9%</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">890</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">939
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">(5.2%</font>
	</TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
</TR>
<TR>
	<TD colspan=13 width="43%">
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Long Distance (LD)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Conversation minutes (M)&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">4,567</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,559
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">0.2%</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">18,306</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">18,070
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1.3%</font>
	</TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Average revenue per minute ($)&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">0.096</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">0.109
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">(11.9%</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">0.102</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">0.117
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">(12.8% </font>
	</TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
</TR>
<TR>
	<TD colspan=13 width="43%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR>
	<TD colspan=13 width="43%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR>
	<TD colspan=13 width="43%" height="19">
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Data</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Equivalent access lines <SUP>(9) </SUP>(k) &#150; Ontario and Quebec&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Digital equivalent access lines (k)&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">5,034</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,335
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">16.1%</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">5,034</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,335
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">16.1%</font>
	</TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Internet subscribers <SUP>(10) </SUP>(k)&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">High Speed Internet net activations (k)&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">61</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">91
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">(33.0%</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">387</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">350
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">10.6%</font>
	</TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">High Speed Internet subscribers (k)&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">2,195</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,808
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">21.4%</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">2,195</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,808
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">21.4%</font>
	</TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Dial-up Internet subscribers (k)&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">586</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">743
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">(21.1%</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">586</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">743
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">(21.1%</font>
	</TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
</TR>
<TR>
	<TD colspan=13 width="43%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">2,781</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">2,551
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">9.0%</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">2,781</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">2,551
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">9.0%</font>
	</TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR>
	<TD colspan=13 width="43%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR>
	<TD colspan=13 width="43%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR>
	<TD colspan=13 width="43%">
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Wireless</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Cellular &amp; PCS net activations (k)&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Pre-paid&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">83</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">88
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">(5.7%</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">227</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">142
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">59.9% </font></TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Post-paid&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">127</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">129
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">(1.6%</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">289</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">371
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">(22.1%</font></TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
</TR>
<TR>
	<TD colspan=13 width="43%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">210</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">217
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">(3.2%</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">516</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">513
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">0.6%</font></TD>
	<TD width=4% align=left>

	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Cellular &amp; PCS subscribers (k)&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Pre-paid&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,428</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,201
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">18.9%</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,428</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,201
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">18.9%</font></TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Post-paid&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">4,013</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">3,724
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">7.8%</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">4,013</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">3,724
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">7.8%</font></TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR>
	<TD colspan=13 width="43%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">5,441</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,925
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">10.5%</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">5,441</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,925
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">10.5%</font></TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Average revenue per unit (ARPU) ($/month)&nbsp;
</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">51</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">50
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">2.0%</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">49</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">49
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">0.0%</font></TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Pre-paid&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">14</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">13
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">7.7%</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">14</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">12
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">16.7%</font></TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Post-paid&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">64</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">61
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">4.9%</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">61</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">61
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">0.0%</font></TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Churn (%) (average per month)&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1.5%</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1.4% </font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">(0.1) pts
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1.6</font></B><font color="#000080"><B><font size="2" face="Times New Roman">%</font></B></font></TD>
	<TD width="1%" align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1.3%</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">(0.3)&nbsp;pts</font>
	</TD>
	<TD width=4% align=left></TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Pre-paid&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><B><font size="2" face="Times New Roman" color="#000080">2.2</font></B><font color="#000080"><B><font size="2" face="Times New Roman">%</font></B></font></TD>
	<TD width="1%" align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">1.9%</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">(0.3) pts
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1.9</font></B><font color="#000080"><B><font size="2" face="Times New Roman">%</font></B></font></TD>
	<TD width="1%" align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1.9%</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">0.0&nbsp;pts</font>
	</TD>
	<TD width=4% align=left></TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Post-paid&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1.3</font></B><font color="#000080"><B><font size="2" face="Times New Roman">%</font></B></font></TD>
	<TD width="1%" align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1.2%</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">(0.1) pts
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><B><font size="2" face="Times New Roman" color="#000080">1.4</font></B><font color="#000080"><B><font size="2" face="Times New Roman">%</font></B></font></TD>
	<TD width="1%" align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1.1%</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">(0.3)&nbsp;pts</font>
	</TD>
	<TD width=4% align=left></TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Usage per subscriber (min/month)&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">261</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">252
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">3.6%</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">255</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">248
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">2.8%</font></TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Cost of acquisition (COA) <SUP>(11) </SUP>($/sub)&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">409</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">402
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">(1.7%</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">406</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">411
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">1.2%</font></TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Wireless EBITDA ($ millions)&nbsp;
</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">311</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">274
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">13.5%</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,307</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,187
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">10.1%</font></TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Wireless EBITDA margin <SUP>(12)</SUP>&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">37.1</font></B><font color="#000080"><B><font size="2" face="Times New Roman">%</font></B></font></TD>
	<TD width="1%" align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">36.2%</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">0.9&nbsp;pts
	</font>
	</TD>
	<TD width="1%" align=left></TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">41.2</font></B><font color="#000080"><B><font size="2" face="Times New Roman">%</font></B></font></TD>
	<TD width="1%" align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">41.5%</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">(0.3)&nbsp;pts</font>
	</TD>
	<TD width=4% align=left></TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Wireless capital expenditures ($ millions)&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">58</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">125
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">53.6%</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">343</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">362
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">5.2%</font></TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Wireless capital expenditures as a percentage of revenue&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">7.1</font></B><font color="#000080"><B><font size="2" face="Times New Roman">%</font></B></font></TD>
	<TD width="1%" align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">16.8%</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">9.7&nbsp;pts</font>
	</TD>
	<TD width="1%" align=left></TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">11.1</font></B><font color="#000080"><B><font size="2" face="Times New Roman">%</font></B></font></TD>
	<TD width="1%" align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">12.8%</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1.7&nbsp;pts</font>
	</TD>
	<TD width=4% align=left></TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Paging subscribers (k)&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">347</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">427
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">(18.7%</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">347</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">427
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">(18.7%</font></TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Paging average revenue per unit ($/month)&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">10</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">9
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">11.1%</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">11</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">10
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">10.0%</font></TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR>
	<TD colspan=13 width="43%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR>
	<TD colspan=13 width="43%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR>
	<TD colspan=13 width="43%">
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Video (DTH and VDSL)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=left>

	</TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Total subscribers (k)&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,727</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,503
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">14.9%</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,727</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,503
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">14.9%</font></TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Net subscriber activations (k)&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">50</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">43
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">16.3%</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">224</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">116
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">93.1%</font></TD>
	<TD width=4% align=left>

	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">ARPU ($/month)&nbsp;
</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">52</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">49
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">6.1% </font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">50</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">49
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">2.0%</font></TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">COA ($/sub)&nbsp;
</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">258</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">537
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">52.0%</font></TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">375</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">571
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right><font size="2" face="Times New Roman" color="#333333">34.3%</font></TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Video EBITDA ($ millions)&nbsp;
</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">23</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">(4
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">n.m.
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">45</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">(19
	</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">n.m.
	</font>
	</TD>
	<TD width=4% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="43%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Churn (%) (average per month)&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1.0%</font></B>
	</TD>
	<TD width="1%" align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">0.8%</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">(0.2)&nbsp;pts</font>
	</TD>
	<TD width="1%" align=left></TD>
	<TD width="8%" align=right>
<font color="#000080">
<B><font size="2" face="Times New Roman">0.9%</font></B></font></TD>
	<TD width="1%" align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">1.0%</font>
	</TD>
	<TD width="1%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="8%" align=right>
<font size="2" face="Times New Roman" color="#333333">0.1&nbsp;pts</font>
	</TD>
	<TD width=4% align=left></TD>
</TR>
			<tr valign="bottom">
				<td width="43%" align=left><font size="1">n.m.: not meaningful</font></td>
				<td width="8%" align=right></td>
				<td width="1%" align=left></td>
				<td width="8%" align=right></td>
				<td width="1%" align=left></td>
				<td width="8%" align=right></td>
				<td width="1%" align=left></td>
				<td width="8%" align=right></td>
				<td width="1%" align=left></td>
				<td width="8%" align=right></td>
				<td width="1%" align=left></td>
				<td width="8%" align=right></td>
				<td width=4% align=left></td>
			</tr>
		</TABLE>
<font size="2" face="Times New Roman"><BR>
</font>
<p><font size="2" face="Times New Roman"><font color="#000080">30&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</font><font size="2" color="#333333">&nbsp;</font>&nbsp;Q4
  Investor Briefing</font></p>
<hr noshade align="center" width="100%" size="1" color="#333333">
<p>&nbsp;</p>

<P>
<font face="Times New Roman" size="4" color="#000080">Bell Canada Consolidated </font><font size="2" face="Times New Roman" color="#000080"><SUP>(1)</SUP></font></P>
<P>
<font size="2" face="Times New Roman">Statistical Data &#150; Historical Trend</font></P>
<TABLE border=0 cellspacing=0 cellpadding=0 width="100%">
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">Total</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">Total
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">2005</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">Q4 05</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">Q3 05
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">Q2 05
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">Q1 05
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">2004
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">Q4 04
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">Q3 04
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">Q2 04
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">Q1 04
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=21 width="20%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Wireline</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Local</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Network access services&nbsp;(k)</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Residential&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">7,985</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">8,133
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">8,189
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">8,332
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">8,392
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">8,427
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">8,390
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">8,476
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Business&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">4,596</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,570
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,538
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,518
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,513
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,535
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,548
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,541
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=21 width="20%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Total&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">12,581</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">12,703
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">12,727
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">12,850
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">12,905
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">12,962
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">12,938
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">13,017
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=21 width="20%">
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">SmartTouch feature revenues ($M)&nbsp;
</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">890</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">217</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">221
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">225
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">227
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">939
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">233
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">234
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">235
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">237
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=21 width="20%">
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Long Distance (LD)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Conversation minutes (M)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">18,306</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">4,567</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,484
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,667
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,588
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">18,070
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,559
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,435
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,498
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,578
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Average revenue per minute ($)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">0.102</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">0.096</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">0.105
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">0.101
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">0.107
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">0.117
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">0.109
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">0.120
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">0.118
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">0.120
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=21 width="20%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR>
	<TD colspan=21 width="20%">
					<hr noshade size=1 color="#333333">
				</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width=1% align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width=1% align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width=1% align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width=1% align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width=1% align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width=1% align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width=1% align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width=1% align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width=1% align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width="2%" align=left height="10">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Data</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left><p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Equivalent access lines <SUP>(9) </SUP>(k) &#150; Ontario&nbsp;and&nbsp;Quebec</font></TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Digital equivalent access lines&nbsp;(k)</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">5,034</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,847
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,634
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,469
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,335
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,197
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,083
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">3,983
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Internet subscribers <SUP>(10)</SUP>&nbsp;(k)</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">High Speed Internet net activations&nbsp;(k)</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">387</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">61</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">106
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">92
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">128
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">350
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">91
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">84
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">65
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">110
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">High Speed Internet subscribers&nbsp;(k)</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">2,195</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">2,134
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">2,028
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,936
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,808
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,717
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,633
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,568
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Dial-up Internet subscribers&nbsp;(k)</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">586</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">621
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">666
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">696
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">743
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">775
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">807
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">836
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=21 width="20%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">2,781</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">2,755
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">2,694
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">2,632
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">2,551
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">2,492
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">2,440
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">2,404
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=21 width="20%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR>
	<TD colspan=21 width="20%">
					<hr noshade size=1 color="#333333">
				</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width=1% align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width=1% align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width=1% align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width=1% align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width=1% align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width=1% align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width=1% align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width=1% align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width=1% align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width="2%" align=left height="10">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Wireless</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Cellular &amp; PCS net activations&nbsp;(k)</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Pre-paid&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">227</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">83</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">73
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">29
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">42
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">142
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">88
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">14
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">17
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">23
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Post-paid&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">289</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">127</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">50
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">117
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(5
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">371
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">129
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">95
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">78
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">69
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=21 width="20%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">516</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">210</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">123
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">146
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">37
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">513
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">217
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">109
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">95
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">92
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Cellular &amp; PCS subscribers&nbsp;(k)</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Pre-paid&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,428</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,345
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,272
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,243
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,201
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,113
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,099
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,082
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Post-paid&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">4,013</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">3,886
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">3,836
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">3,719
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">3,724
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">3,595
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">3,500
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">3,422
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=21 width="20%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">5,441</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">5,231
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">5,108
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,962
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,925
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,708
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,599
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4,504
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Average revenue per unit (ARPU) ($/month)&nbsp;
</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">49</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">51</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">51
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">50
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">46
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">49
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">50
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">50
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">50
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">47
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Pre-paid&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">14</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">14</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">14
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">16
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">11
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">12
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">13
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">12
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">11
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">11
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Post-paid&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">61</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">64</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">63
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">61
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">57
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">61
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">61
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">63
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">62
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">59
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Churn (%) (average per month)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1.6%</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1.5%</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1.5%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1.6%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">1.6%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1.3%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1.4% </font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">1.2%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">1.3%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1.3%</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Pre-paid&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1.9%</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">2.2%</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1.6%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">2.1%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">1.8%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1.9%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1.9% </font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">1.9%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">1.9%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">1.7%</font></TD>
	<TD width="2%" align=left>

	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
 <p style="text-indent: -12px; margin-left: 24px"><font size="2" face="Times New Roman" color="#333333">Post-paid&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1.4%</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1.3%</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1.5%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">1.4%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">1.6%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">1.1%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">1.2%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">1.0%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">1.1%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">1.1%</font></TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Usage per subscriber (min/month)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">255</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">261</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">265
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">262
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">232
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">248
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">252
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">258
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">257
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">224
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Cost of acquisition (COA) <SUP>(11) </SUP>($/sub)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">406</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">409</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">432
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">401
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">373
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">411
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">402
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">381
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">413
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">455
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Wireless EBITDA ($&nbsp;millions)</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,307</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">311</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">363
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">333
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">300
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,187
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">274
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">334
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">317
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">262
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Wireless EBITDA margin <SUP>(12)</SUP>&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">41.2%</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right><B><font size="2" face="Times New Roman" color="#000080">37.1%</font></B></TD>
	<TD width=1% align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">44.0%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">42.4%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">41.4%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">41.5%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">36.2%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">45.4%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">44.9%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">39.6%</font></TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Wireless capital expenditures ($&nbsp;millions)</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">343</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">58</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">103
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">118
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">64
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">362
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">125
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">95
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">77
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">65
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Wireless capital expenditures as a percentage of revenue&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">11.1%</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">7.1%</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">12.9%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">15.3%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">9.0%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">12.8%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">16.8%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">13.1%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">11.0%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">10.0%</font></TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Paging subscribers&nbsp;(k)</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">347</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">364
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">385
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">404
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">427
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">449
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">469
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">493
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Paging average revenue per unit ($/month)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">11</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">10</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">10
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">10
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">15
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">10
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">9
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">10
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">10
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">10
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR>
	<TD colspan=21 width="20%">
<HR noshade size=1 color="#333333">
	</TD>
</TR>
<TR>
	<TD colspan=21 width="20%">
					<hr noshade size=1 color="#333333">
				</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width=1% align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width=1% align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width=1% align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width=1% align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width=1% align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width=1% align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width=1% align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width=1% align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width=1% align=left height="10">
	</TD>
	<TD width="7%" align=left height="10">

	</TD>
	<TD width="2%" align=left height="10">
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px">
<font face="Times New Roman" color="#333333">
<B><font size="2">Video (DTH and VDSL)</font></B><font size="2">&nbsp;
	</font>
</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Total subscribers&nbsp;(k)</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1,727</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,677
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,595
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,532
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=left>

	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,503
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,460
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,427
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1,403
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Net subscriber activations&nbsp;(k)</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">224</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">50</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">82
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">63
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">29
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">116
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">43
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">33
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">24
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">16
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">ARPU ($/month)&nbsp;
</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">50</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">52</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">51
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">50
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">48
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">49
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">49
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">48
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">49
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">48
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">COA ($/sub)&nbsp;
</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">375</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">258</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">360
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">462
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">473
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">571
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">537
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">548
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">570
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">661
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<TR valign="bottom">
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Video EBITDA ($&nbsp;millions)</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">45</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">23</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#000080">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">12
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">6
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">4
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(19
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(4
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">(16
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">&#150;
	</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">1
	</font>
	</TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp;
	</font>
	</TD>
</TR>
<tr>
	<TD width="20%" align=left>
<p style="text-indent: -12px; margin-left: 12px"><font size="2" face="Times New Roman" color="#333333">Churn (%) (average per month)&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">0.9%</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right>
<B><font size="2" face="Times New Roman" color="#000080">1.0%</font></B>
	</TD>
	<TD width=1% align=left>
<font size="2" color="#000080" face="Times New Roman">&nbsp;
	</font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">1.0%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right>
<font size="2" face="Times New Roman" color="#333333">0.9%</font>
	</TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">0.8%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">1.0%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">0.8%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">1.1%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">1.0%</font></TD>
	<TD width=1% align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
	<TD width="7%" align=right><font size="2" face="Times New Roman" color="#333333">0.9%</font></TD>
	<TD width="2%" align=left>
<font size="2" face="Times New Roman" color="#333333">&nbsp; </font>
	</TD>
</tr>
</TABLE><font size="2" face="Times New Roman"><BR>
</font>
<p><font color="#000080" size="2" face="Times New Roman">3</font><font size="2" face="Times New Roman"><font color="#000080">1&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</font><font size="2" color="#333333">&nbsp;</font>&nbsp;Q4
  Investor Briefing</font></p>
<hr noshade align="center" width="100%" size="1" color="#333333">
<p>&nbsp;</p>
<a name="notes"></a>
<table border="0" width="100%" id="table1" cellspacing="0" cellpadding="0">
	<tr>
		<td width="18%"><font face="Times New Roman">&nbsp;</font></td>
		<td width="2%"><font face="Times New Roman">&nbsp;</font></td>
		<td colspan="2"><b><font size="4" color="#000080" face="Times New Roman">Accompanying Notes</font></b><p>&nbsp;</td>
	</tr>
	<tr>
		<td width="18%"><font face="Times New Roman">&nbsp;</font></td>
		<td width="2%"><font face="Times New Roman">&nbsp;</font></td>
		<td width="3%" valign="top"><font size="2" color="#333333" face="Times New Roman">(1)</font></td>
		<td valign="top" width="77%"><font size="2" color="#333333" face="Times New Roman">We have
		reclassified some of the figures for the comparative period to make them
		consistent with the current period&rsquo;s presentation. On December 16, 2005,
		BCE announced its decision to sell its stake in CGI and that CGI would
		purchase 100 million of the class A shares held by BCE. As at December
		31, 2005 BCE has accounted for CGI as a discontinued operation and no
		longer proportionally consolidates its financial results.</font></td>
	</tr>
	<tr>
		<td width="18%"><font face="Times New Roman">&nbsp;</font></td>
		<td width="2%"><font face="Times New Roman">&nbsp;</font></td>
		<td width="3%" valign="top"><font size="2" color="#333333" face="Times New Roman">(2)</font>
		<p>&nbsp;</td>
		<td valign="top" width="77%"><B><font size="2" color="#333333" face="Times New Roman">Non-GAAP Financial Measures<br>
							EBITDA</font></B><br>
      &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<font size="2" face="Times New Roman, Times, serif">The term, EBITDA (earnings
      before interest, taxes, depreciation and amortization), does not have any
      standardized meaning prescribed by Canadian generally accepted accounting
      principles (GAAP). It is therefore unlikely to be comparable to similar
      measures presented by other companies. EBITDA is presented on a consistent
      basis from period to period.<br>
      &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We define EBITDA as operating revenues less
      operating expenses, which means it represents operating income before amortization
      expense, net benefit plans cost, and restructuring and other items.<br>
      &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We use EBITDA, among other measures, to assess
      the operating performance of our ongoing businesses without the effects
      of amortization expense, net benefit plans cost, and restructuring and other
      items. We exclude amortization expense and net benefit plans cost because
      they largely depend on the accounting methods and assumptions a company
      uses, as well as non-operating factors, such as the historical cost of capital
      assets and the fund performance of a company&#146;s pension plans. We exclude
      restructuring and other items because they are transitional in nature.<br>
      &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EBITDA allows us to compare our operating
      performance on a consistent basis. We believe that certain investors and
      analysts use EBITDA to measure a company&#146;s ability to service debt
      and to meet other payment obligations, or as a common valuation measurement
      in the telecommunications industry.<br>
      &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EBITDA should not be confused with net cash
      flows from operating activities. The most comparable Canadian GAAP financial
      measure is operating income. </font></font></P>
      <P align="left">
<B><font size="2" color="#333333" face="Times New Roman">EPS before net gains (losses) on investments and restructuring and other items<br>
</font></B>
<font size="2" color="#333333" face="Times New Roman">The term, EPS (earnings per share) before net gains (losses) on investments and restructuring and other items, does not have any standardized meaning prescribed by GAAP. It is therefore unlikely to be comparable to similar measures presented by
other companies. <br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We use EPS before net gains (losses) on investments and restructuring and other items, among other measures, to assess the operating performance of our ongoing businesses without the effects of after-tax restructuring
and other items and net gains on investments. We exclude these items because they affect the comparability of our financial results and could potentially distort the analysis of trends in business performance. The exclusion of these items does not
imply they are necessarily non-recurring.<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The most comparable Canadian GAAP financial measure is EPS.</font></P>
<P align="left">
<B><font size="2" color="#333333" face="Times New Roman">FREE CASH FLOW<br>
</font></B>
<font size="2" color="#333333" face="Times New Roman">The term, free cash flow, does not have any standardized meaning prescribed by Canadian GAAP. It is therefore unlikely to be comparable to similar measures presented by other companies. Free cash flow is presented on a consistent basis from period
to period.<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We define free cash flow as cash from operating activities after capital expenditures, total dividends and other investing activities.<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We consider free cash flow to be an important indicator of the financial strength and performance of our business because it shows how much cash is available to repay debt and to reinvest in our company. We believe that
certain investors and analysts use free cash flow when valuing a business and its underlying assets.</font></P>
		</td>
	</tr>
</table>




<P>&nbsp;
</P>
<P> <font size="2" face="Times New Roman"> <FONT color="#000080">32&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</FONT><FONT size=2 color="#333333">&nbsp;</FONT>&nbsp;Q4
  Investor Briefing</font></P>

<HR noshade align="center" width="100%" size=1 color="#333333">
<P>&nbsp; </P>
<table border="0" width="100%" id="table2" cellspacing="0" cellpadding="0">
  <tr>
    <td width="18%"><font face="Times New Roman">&nbsp;</font></td>
    <td width="2%"><font face="Times New Roman">&nbsp;</font></td>
    <td width="3%" valign="top"><font face="Times New Roman">&nbsp;</font></td>
    <td width="77%" valign="top"> <P align="left"> <font size="2" face="Times New Roman">&nbsp;The
        most comparable Canadian GAAP financial measure is cash from operating
        activities.<br>
        </font></P></td>
  </tr>
</table>
<table border="0" width="100%" id="table3" cellspacing="0" cellpadding="0">
  <tr>
    <td width="18%"><font face="Times New Roman">&nbsp;</font></td>
    <td width="2%"><font face="Times New Roman">&nbsp;</font></td>
    <td width="3%" valign="top"><font size="2" color="#333333" face="Times New Roman">(3)</font></td>
    <td width="77%" valign="top"><P align="left"><font face="Times New Roman"><font size="2">EBITDA
        margin is calculated as follows:</font></font><br>
      </P></td>
  </tr>
  <tr>
    <td colspan="4" align="center"><font size="2">EBITDA</font></td>
  </tr>
  <tr>
    <td colspan="4" align="center"><hr width="100" size="1" noshade color="#333333"></td>
  </tr>
  <tr>
    <td colspan="4" align="center"><font size="2"><font size="2">Operating revenues</font></font></td>
  </tr>
</table>
<table border="0" width="100%" id="table4" cellspacing="0" cellpadding="0">
  <tr>
    <td width="18%"><font face="Times New Roman">&nbsp;</font></td>
    <td width="2%"><font face="Times New Roman">&nbsp;</font></td>
    <td width="3%" valign="top"><font size="2" color="#333333" face="Times New Roman">(4)</font></td>
    <td width="77%" valign="top"> <P align="left"> <font size="2" face="Times New Roman">Effective
        Q2 2005 the total Wireless capital expenditures are segregated between
        the Residential and Business segments. Prior quarters have been restated
        accordingly.</font></P></td>
  </tr>
</table>
<table border="0" width="100%" id="table5" cellspacing="0" cellpadding="0">
  <tr>
    <td width="18%"><font face="Times New Roman">&nbsp;</font></td>
    <td width="2%"><font face="Times New Roman">&nbsp;</font></td>
    <td width="3%" valign="top"><font size="2" color="#333333" face="Times New Roman">(5)</font></td>
    <td width="77%" valign="top"><P align="left"><font face="Times New Roman"><font size="2">Cash
        flow per share is calculated as follows:</font></font><br>
      </P></td>
  </tr>
  <tr>
    <td colspan="4" align="center"><font size="2">Cash flow from operations less
      capital expenditures</font></td>
  </tr>
  <tr>
    <td colspan="4" align="center"><hr width="320" size="1" noshade color="#333333"></td>
  </tr>
  <tr>
    <td colspan="4" align="center"><font size="2"><font size="2">Average number
      of common shares outstanding during the period</font></font></td>
  </tr>
</table>
<table border="0" width="100%" id="table6" cellspacing="0" cellpadding="0">
  <tr>
    <td width="18%"><font face="Times New Roman">&nbsp;</font></td>
    <td width="2%"><font face="Times New Roman">&nbsp;</font></td>
    <td width="3%" valign="top"><font size="2" color="#333333" face="Times New Roman">(6)</font></td>
    <td width="77%" valign="top"><P align="left"><font face="Times New Roman"><font size="2">Annualized
        cash flow yield is calculated as follows:</font></font><br>
      </P></td>
  </tr>
  <tr>
    <td colspan="4" align="center"><font size="2">Free cash flow from operations
      before common dividends</font></td>
  </tr>
  <tr>
    <td colspan="4" align="center"><hr width="300" size="1" noshade color="#333333"></td>
  </tr>
  <tr>
    <td colspan="4" align="center"><font size="2">Number of common shares outstanding
      at end of period<br>
      multiplied by share price at end of period</font></td>
  </tr>
  <tr>
    <td width="23%" colspan="3"></td>
    <td align="left"><font size="2">Note: to annualize, multiply the most recent
      quarter&#146;s resultant by 4.</font></td>
  </tr>
</table>
<table border="0" width="100%" id="table7" cellspacing="0" cellpadding="0">
  <tr>
    <td width="18%"><font face="Times New Roman">&nbsp;</font></td>
    <td width="2%"><font face="Times New Roman">&nbsp;</font></td>
    <td width="3%" valign="top"><font size="2" color="#333333" face="Times New Roman">(7)</font></td>
    <td width="77%" valign="top"> <P align="left"> <font size="2" face="Times New Roman">Reflects
        an increase in the total Bell&nbsp;Canada debt as a result of the completion
        of the purchase price allocation (PPA) relating to the repurchase of SBC&rsquo;s
        20% interest in Bell&nbsp;Canada, which resulted in an increase in long-term
        debt of $165 million. This increase in long-term debt will be applied
        against interest expense ($4 million in Q4 2005) over the remaining terms
        of the related long-term debt.</font></P></td>
  </tr>
</table>
<table border="0" width="100%" id="table8" cellspacing="0" cellpadding="0">
  <tr>
    <td width="18%"><font face="Times New Roman">&nbsp;</font></td>
    <td width="2%"><font face="Times New Roman">&nbsp;</font></td>
    <td width="3%" valign="top"><font size="2" color="#333333" face="Times New Roman">(8)</font></td>
    <td width="77%" valign="top"> <P align="left"> <font size="2" face="Times New Roman">At
        the BCE Consolidated level, Third Party Preferred Shares reflected in
        the financial statements of subsidiaries are included in non-controlling
        interest on the balance sheet.</font></P></td>
  </tr>
</table>
<table border="0" width="100%" id="table9" cellspacing="0" cellpadding="0">
  <tr>
    <td width="18%"><font face="Times New Roman">&nbsp;</font></td>
    <td width="2%"><font face="Times New Roman">&nbsp;</font></td>
    <td width="3%" valign="top"><font size="2" color="#333333" face="Times New Roman">(9)</font></td>
    <td width="77%" valign="top"> <P align="left"> <font size="2" face="Times New Roman">Digital
        equivalent access lines are derived by converting low capacity data lines
        (DS-3 and lower) to the equivalent number of voice grade access lines.
        Broadband equivalent access lines are derived by converting high capacity
        data lines (higher than DS-3) to the equivalent number of voice grade
        access lines.</font></P></td>
  </tr>
</table>
<TABLE border=0 cellspacing=0 cellpadding=0 width="100%">
  <TR valign="bottom">
    <TD width="23%" align=left><font face="Times New Roman">&nbsp;</font></TD>
    <TD width="17%" align=left><font face="Times New Roman"><B><font size="2">Conversion
      factors</font></B>&nbsp;</font></TD>
    <TD width="1%"><font size="2" face="Times New Roman">&nbsp;</font></TD>
    <TD width="8%" align=left><font size="2" face="Times New Roman">&nbsp;</font></TD>
    <TD width="51%" align=left><font face="Times New Roman">&nbsp;</font></TD>
  </TR>
  <TR valign="bottom">
    <TD width="23%" align=left> <font face="Times New Roman"> &nbsp;</font></TD>
    <TD width="17%" align=left> <font size="2" face="Times New Roman">DS-0&nbsp;
      </font> </TD>
    <TD width="1%"> <font size="2" face="Times New Roman">&nbsp; </font> </TD>
    <TD width="8%" align=right> <font size="2" face="Times New Roman">1&nbsp;
      </font> </TD>
    <TD width="51%" align=right> <font face="Times New Roman"> &nbsp;</font></TD>
  </TR>
  <TR valign="bottom">
    <TD width="23%" align=left> <font face="Times New Roman"> &nbsp;</font></TD>
    <TD width="17%" align=left> <font size="2" face="Times New Roman">Basic ISDN&nbsp;
      </font> </TD>
    <TD width="1%"> <font size="2" face="Times New Roman">&nbsp; </font> </TD>
    <TD width="8%" align=right> <font size="2" face="Times New Roman">2&nbsp;
      </font> </TD>
    <TD width="51%" align=right> <font face="Times New Roman"> &nbsp;</font></TD>
  </TR>
  <TR valign="bottom">
    <TD width="23%" align=left> <font face="Times New Roman"> &nbsp;</font></TD>
    <TD width="17%" align=left> <font size="2" face="Times New Roman">Primary
      ISDN&nbsp; </font> </TD>
    <TD width="1%"> <font size="2" face="Times New Roman">&nbsp; </font> </TD>
    <TD width="8%" align=right> <font size="2" face="Times New Roman">23&nbsp;
      </font> </TD>
    <TD width="51%" align=right> <font face="Times New Roman"> &nbsp;</font></TD>
  </TR>
  <TR valign="bottom">
    <TD width="23%" align=left> <font face="Times New Roman"> &nbsp;</font></TD>
    <TD width="17%" align=left> <font size="2" face="Times New Roman">DS-1, DEA&nbsp;
      </font> </TD>
    <TD width="1%"> <font size="2" face="Times New Roman">&nbsp; </font> </TD>
    <TD width="8%" align=right> <font size="2" face="Times New Roman">24&nbsp;
      </font> </TD>
    <TD width="51%" align=right> <font face="Times New Roman"> &nbsp;</font></TD>
  </TR>
  <TR valign="bottom">
    <TD width="23%" align=left> <font face="Times New Roman"> &nbsp;</font></TD>
    <TD width="17%" align=left> <font size="2" face="Times New Roman">DS-3&nbsp;
      </font> </TD>
    <TD width="1%"> <font size="2" face="Times New Roman">&nbsp; </font> </TD>
    <TD width="8%" align=right> <font size="2" face="Times New Roman">672&nbsp;
      </font> </TD>
    <TD width="51%" align=right> <font face="Times New Roman"> &nbsp;</font></TD>
  </TR>
  <TR valign="bottom">
    <TD width="23%" align=left> <font face="Times New Roman"> &nbsp;</font></TD>
    <TD width="17%" align=left> <font size="2" face="Times New Roman">OC-3&nbsp;
      </font> </TD>
    <TD width="1%"> <font size="2" face="Times New Roman">&nbsp; </font> </TD>
    <TD width="8%" align=right> <font size="2" face="Times New Roman">2,016&nbsp;
      </font> </TD>
    <TD width="51%" align=right> <font face="Times New Roman"> &nbsp;</font></TD>
  </TR>
  <TR valign="bottom">
    <TD width="23%" align=left> <font face="Times New Roman"> &nbsp;</font></TD>
    <TD width="17%" align=left> <font size="2" face="Times New Roman">OC-12&nbsp;
      </font> </TD>
    <TD width="1%"> <font size="2" face="Times New Roman">&nbsp; </font> </TD>
    <TD width="8%" align=right> <font size="2" face="Times New Roman">8,064&nbsp;
      </font> </TD>
    <TD width="51%" align=right> <font face="Times New Roman"> &nbsp;</font></TD>
  </TR>
  <TR valign="bottom">
    <TD width="23%" align=left> <font face="Times New Roman"> &nbsp;</font></TD>
    <TD width="17%" align=left> <font size="2" face="Times New Roman">OC-48&nbsp;
      </font> </TD>
    <TD width="1%"> <font size="2" face="Times New Roman">&nbsp; </font> </TD>
    <TD width="8%" align=right> <font size="2" face="Times New Roman">32,256&nbsp;
      </font> </TD>
    <TD width="51%" align=right> <font face="Times New Roman"> &nbsp;</font></TD>
  </TR>
  <TR valign="bottom">
    <TD width="23%" align=left> <font face="Times New Roman"> &nbsp;</font></TD>
    <TD width="17%" align=left> <font size="2" face="Times New Roman">OC-192&nbsp;
      </font> </TD>
    <TD width="1%"> <font size="2" face="Times New Roman">&nbsp; </font> </TD>
    <TD width="8%" align=right> <font size="2" face="Times New Roman">129,024&nbsp;
      </font> </TD>
    <TD width="51%" align=right> <font face="Times New Roman"> &nbsp;</font></TD>
  </TR>
  <TR valign="bottom">
    <TD width="23%" align=left> <font face="Times New Roman"> &nbsp;</font></TD>
    <TD width="17%" align=left> <font size="2" face="Times New Roman">10 Base
      T&nbsp; </font> </TD>
    <TD width="1%"> <font size="2" face="Times New Roman">&nbsp; </font> </TD>
    <TD width="8%" align=right> <font size="2" face="Times New Roman">155&nbsp;
      </font> </TD>
    <TD width="51%" align=right> <font face="Times New Roman"> &nbsp;</font></TD>
  </TR>
  <TR valign="bottom">
    <TD width="23%" align=left> <font face="Times New Roman"> &nbsp;</font></TD>
    <TD width="17%" align=left> <font size="2" face="Times New Roman">100 Base
      T&nbsp; </font> </TD>
    <TD width="1%"> <font size="2" face="Times New Roman">&nbsp; </font> </TD>
    <TD width="8%" align=right> <font size="2" face="Times New Roman">1,554&nbsp;
      </font> </TD>
    <TD width="51%" align=right> <font face="Times New Roman"> &nbsp;</font></TD>
  </TR>
  <TR valign="bottom">
    <TD width="23%" align=left> <font face="Times New Roman"> &nbsp;</font></TD>
    <TD width="17%" align=left> <font size="2" face="Times New Roman">Gigabit
      E&nbsp; </font> </TD>
    <TD width="1%"> <font size="2" face="Times New Roman">&nbsp; </font> </TD>
    <TD width="8%" align=right> <font size="2" face="Times New Roman">15,554&nbsp;
      </font> </TD>
    <TD width="51%" align=right> <font face="Times New Roman"> &nbsp;</font></TD>
  </TR>
</TABLE>
<table border="0" width="100%" id="table10" cellspacing="0" cellpadding="0">
  <tr>
    <td width="18%"><font face="Times New Roman">&nbsp;</font></td>
    <td width="2%"><font face="Times New Roman">&nbsp;</font></td>
    <td width="3%" valign="top"><font size="2" color="#333333" face="Times New Roman">(10)</font></td>
    <td width="77%" valign="top"> <P align="left"> <font size="2" face="Times New Roman">High
        Speed Internet subscribers include Residential, Business and Wholesale.
        Dial-up Internet subscribers include Residential and Business.</font></P></td>
  </tr>
</table>
<table border="0" width="100%" id="table11" cellspacing="0" cellpadding="0">
  <tr>
    <td width="18%"><font face="Times New Roman">&nbsp;</font></td>
    <td width="2%"><font face="Times New Roman">&nbsp;</font></td>
    <td width="3%" valign="top"><font size="2" color="#333333" face="Times New Roman">(11)</font></td>
    <td width="77%" valign="top"> <P align="left"> <font size="2" face="Times New Roman">Includes
        allocation of selling costs from Bell&nbsp;Canada and excludes costs of
        migrating from analog to digital. Cost of Acquisition (COA) per subscriber
        is reflected on a consolidated basis.</font></P></td>
  </tr>
</table>
<table border="0" width="100%" id="table12" cellspacing="0" cellpadding="0">
  <tr>
    <td width="18%"><font face="Times New Roman">&nbsp;</font></td>
    <td width="2%"><font face="Times New Roman">&nbsp;</font></td>
    <td width="3%" valign="top"><font size="2" color="#333333" face="Times New Roman">(12)</font></td>
    <td width="77%" valign="top"> <P align="left"> <font size="2" face="Times New Roman">Wireless
        EBITDA margins are calculated based on total Wireless operating revenues
        (i.e. external revenues as shown on pages 10 and 11 plus inter-company
        revenues).</font></P></td>
  </tr>
</table>
<P> <font size="2" face="Times New Roman"> <FONT color="#000080">33&nbsp;&nbsp;&nbsp;
  Bell&nbsp;Canada Enterprises</FONT><FONT size=2 color="#333333">&nbsp;</FONT>&nbsp;Q4
  Investor Briefing</font></P>

<HR noshade align="center" width="100%" size=1 color="#333333">
<p><font size="2"><img src="logo_bce.gif" width="131" height="42"> <BR>
  </font></p>
<table cellSpacing="0" cellPadding="0" width="100%" border="0" id="table13">
	<tr>

    <td vAlign="bottom" width="4%"><font size="2"> <img src="recycle.jpg" width="23" height="30"></font></td>
		<td width="96%"><font face="times new roman" color="#333333" size="2">
		BCE&nbsp;Inc.</font><p><font face="times new roman" color="#333333" size="2">
		1000, rue de La Gaucheti&egrave;re Ouest&nbsp;<br>
		Bureau 3700&nbsp;<br>
		Montr&eacute;al (Qu&eacute;bec)&nbsp;<br>
		H3B 4Y7&nbsp;<br>
		www.bce.ca</font></p>
		<font color="#333333"><font face="times new roman" size="2">
		Communications</font><br>
		<font face="times new roman" color="#333333" size="2">e-mail: bcecomms@bce.ca</font><br>
		<font face="times new roman" color="#333333" size="2">tel: 1 888
		932-6666</font><br>
		<font face="times new roman" color="#333333" size="2">fax: (514)
		870-4385</font><br>
&nbsp;</font><p><font face="times new roman" color="#333333" size="2">This
		document has been filed by BCE&nbsp;Inc. with&nbsp;<br>
		Canadian securities commissions and the U.S. Securities&nbsp;<br>
		and Exchange Commission. It can be found on&nbsp;<br>
		BCE&nbsp;Inc.&rsquo;s website at www.bce.ca, on SEDAR at&nbsp;<br>
		www.sedar.com and on EDGAR at www.sec.gov&nbsp;<br>
		or is available upon request from: </font></p>
		<p><font face="times new roman" color="#333333" size="2">Investor
		Relations&nbsp;<br>
		e-mail: investor.relations@bce.ca&nbsp;<br>
		tel: 1 800 339-6353&nbsp;<br>
		fax: (514) 786-3970</font></p>
		<p><font face="times new roman" color="#333333" size="2">For further
		information concerning the Dividend&nbsp;<br>
		Reinvestment and Stock Purchase Plan (DRP),&nbsp;<br>
		direct deposit of dividend payments, the elimination&nbsp;<br>
		of multiple mailings or the receipt of quarterly reports,&nbsp;<br>
		please contact:</font></p>
		<p><font face="times new roman" color="#333333" size="2">Computershare
		Trust&nbsp;<br>
		Company of Canada&nbsp;<br>
		100 University Avenue,&nbsp;<br>
		9th Floor,&nbsp;<br>
		Toronto, Ontario&nbsp;<br>
		M5J 2Y1&nbsp;<br>
		tel: (514) 982-7555&nbsp;<br>
		or 1 800 561-0934&nbsp;<br>
		fax: (416) 263-9394&nbsp;<br>
		or 1 888 453-0330&nbsp;<br>
		e-mail: bce@computershare.com</font></p>
		<p><font face="Times New Roman" color="#333333" size="2">PRINTED IN
		CANADA<br>
		</font><font size="2">02-06 BCE-4E</font></td>
	</tr>
</table>

<p>&nbsp;</p>
<hr width="100%" size=4 color=GRAY noshade>
<p>&nbsp;</p>
<P ALIGN="center"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="3"><B><font size="2" face="Arial, Helvetica, sans-serif">SIGNATURE</font></B></FONT></FONT></P>
<font size="2" face="Arial, Helvetica, sans-serif"> </font>
<p>&nbsp;</p>
<P ALIGN="LEFT"><FONT size="2" FACE="Arial, Helvetica, sans-serif">Pursuant to
  the requirements of the Securities Exchange Act of 1934, the Registrant has
  duly caused this report to be signed on its behalf by the undersigned, thereunto
  duly authorized.</FONT></P>
<P ALIGN="LEFT">&nbsp;</P>
<P ALIGN="LEFT">&nbsp;</P>
<table width="100%" border="0" cellpadding="0" cellspacing="0">
  <tr>
    <td width="45%">&nbsp;</td>
    <td width="45%"><FONT size="2" FACE="Arial, Helvetica, sans-serif"><b>BCE
      Inc. </b></FONT></td>
    <td width="10%">&nbsp;</td>
  </tr>
  <tr>
    <td width="45%"> <p>&nbsp;</p>
      <p>&nbsp;</p>
      <p>&nbsp;</p></td>
    <td width="45%" valign="bottom"><font size="2" face="Arial, Helvetica, sans-serif"><em>(signed)
      Siim A. Vanaselja</em><br>
      </font> <hr width=100% size=1 color=BLACK noshade> </td>
    <td width="10%"><font size="2" face="Arial, Helvetica, sans-serif"><br>
      <br>
      <br>
      <br>
      <br>
      </font> </td>
  </tr>
  <tr>
    <td width="45%">&nbsp;</td>
    <td width="45%"><FONT size="2" FACE="Arial, Helvetica, sans-serif">Siim A.
      Vanaselja<br>
      Chief Financial Officer</FONT></td>
    <td width="10%">&nbsp;</td>
  </tr>
  <tr>
    <td width="45%">&nbsp;</td>
    <td width="45%" valign="bottom"><font size="2" face="Arial, Helvetica, sans-serif">Date:
      February 1, 2006</font></td>
    <td width="10%"><font size="2" face="Arial, Helvetica, sans-serif"><br>
      <br>
      <br>
      </font></td>
  </tr>
</table>
<p>&nbsp;</p>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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