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<SEC-DOCUMENT>0001206212-06-000154.txt : 20060622
<SEC-HEADER>0001206212-06-000154.hdr.sgml : 20060622
<ACCEPTANCE-DATETIME>20060622172817
ACCESSION NUMBER:		0001206212-06-000154
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		8
CONFORMED PERIOD OF REPORT:	20060622
FILED AS OF DATE:		20060622
DATE AS OF CHANGE:		20060622

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:		06920484

	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>m32092ore6vk.htm
<DESCRIPTION>FORM 6-K
<TEXT>
<HTML>
<HEAD>
<TITLE>e6vk</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>




<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>WASHINGTON, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM 6-K</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>REPORT OF FOREIGN PRIVATE ISSUER</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>Pursuant to Rule&nbsp;13a-16 or 15d-16 under<BR>
the Securities Exchange Act of 1934</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>For the month of: June&nbsp;2006 Commission File Number: 1-8481</B>
</DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>BCE Inc.</B>
</DIV>

<DIV align="center" style="font-size: 10pt"><I>(Translation of Registrant&#146;s name into English)</I></DIV>



<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>1000, rue de La Gaucheti&#232;re Ouest, Bureau 3700, Montr&#233;al, Qu&#233;bec H3B 4Y7, (514)&nbsp;870-8777</B><BR>
<I>(Address of principal executive offices)</I>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Indicate by check mark whether the Registrant files or will file annual reports under cover of<BR>
Form 20-F or Form 40-F.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">Form&nbsp;20-F&nbsp;<FONT face="Wingdings">&#111;</FONT>&nbsp;&nbsp;Form&nbsp;40-F&nbsp;<FONT face="Wingdings">&#254;</FONT>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">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&nbsp;12g3-2(b) under the
Securities Exchange Act of 1934.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">Yes&nbsp;<FONT face="Wingdings">&#111;</FONT>&nbsp;&nbsp;No&nbsp;<FONT face="Wingdings">&#254;</FONT>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">If &#147;Yes&#148; is marked, indicate below the file number assigned to the Registrant in connection with
Rule&nbsp;12g3-2(b): 82-<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">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.
</DIV>


<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>







<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<!-- TOC -->
<A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

<P><CENTER>
<TABLE border="0" width="90%" cellpadding="0" cellspacing="0">
<TR>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="76%"></TD>
</TR>
<TR><TD colspan="9"><A HREF="#000">SIGNATURE</A></TD></TR>
</TABLE>
</CENTER>
<!-- /TOC -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>






<!-- link1 "SIGNATURE" -->
<DIV align="left"><A NAME="000"></A></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURE</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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.
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="48%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="46%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left"><B>BCE Inc.</B></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left"><I>(signed)&nbsp;Patricia Olah</I></TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">Patricia A. Olah</TD>
</TR>
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">Corporate Secretary and
Lead Governance Counsel</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD colspan="3" align="left" valign="top">Date: June&nbsp;22, 2006</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt">&nbsp;
</DIV>


<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" valign="top"><IMG src="m32092orm3209200.gif" alt="(BELL CANADA ENTERPRISES)">
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top"><IMG src="m32092orm3209201.gif" alt="(COMPUTERSHARE LOGO)"><BR>
Computershare Trust Company of Canada<BR>
9<SUP style="font-size: 85%; vertical-align: text-top">th </SUP>Floor, 100 University Avenue<BR>
Toronto, Ontario M5J 2Y1<BR>
Telephone: 1 800 561-0934<BR>
BCE@computershare.com</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 50%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL COMMON SHARES

</DIV>

<DIV align="left" style="font-size: 12pt"><DIV style="border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>&nbsp;&nbsp;&nbsp;&nbsp;<B>Qualified
Purchaser Certification</B>
<DIV style="border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV></DIV>



<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>To:</B></TD>
    <TD>&nbsp;</TD>
    <TD><B>Computershare Trust Company of Canada (&#147;Computershare&#148;)</B></TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="margin-top: 1pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>And To:</B></TD>
    <TD>&nbsp;</TD>
    <TD><B>Bell Aliant Regional Communications Income Fund (the &#147;Fund&#148;)</B></TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="margin-top: 1pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>And To:</B></TD>
    <TD>&nbsp;</TD>
    <TD><B>BCE Inc. (&#147;BCE&#148;)</B></TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This Qualified Purchaser Certification is to be completed and returned to Computershare by
Qualified U.S. Shareholders no later than 5:01 p.m. (Montreal time) on the Effective Date of the
BCE Plan of Arrangement. BCE will announce the anticipated Effective Date by press release at a
future time. All capitalized terms used herein have the same meaning as defined in <I>Schedule&nbsp;B &#151; BCE
Plan of Arrangement </I>of the management proxy circular of BCE dated April&nbsp;12, 2006 (the &#147;Circular&#148;).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The U.S. Shareholder completing this form understands that:
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>as more fully described in the Circular, in connection with the Arrangement, (1)&nbsp;Qualified U.S.
Shareholders who hold more than 150 common shares as at 5:01 p.m. (Montreal time) on the Effective
Date who complete and return this Qualified Purchaser Certification by 5:01 p.m. (Montreal time) on
the Effective Date will be entitled to receive 0.0725 Units for each common share held at such time
and (2)&nbsp;Non-Qualified U.S. Shareholders and Qualified U.S.
Shareholders who hold no more than 150 common shares as at 5:01 p.m. (Montreal time) on the
Effective Date will be entitled to receive a cash payment in lieu of Units. As more fully described
in the Circular, no fractional Units will be distributed to Qualified U.S. Shareholders entitled to
receive Units in connection with the Arrangement. Such Qualified U.S. Shareholder will receive a
cash payment instead, as more fully described in the Circular;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Fund has not and will not be
registered as an &#147;investment company&#148; pursuant to the United States Investment Company Act of 1940,
as amended (the &#147;Investment Company Act&#148;) and, therefore, the transfer of the Units will be subject
to the restrictions of the Investment Company Act and the rules and regulations promulgated
thereunder; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>as more fully described in the Circular, in order to qualify as a Qualified
U.S. Shareholder in connection with the BCE Plan of Arrangement, a U.S.
Shareholder is required to certify to BCE and to the Fund that such U.S. Shareholder is a
&#147;Qualified Purchaser&#148; within the meaning of Section&nbsp;2(a)(51)(A) of the Investment Company Act and
a &#147;Qualified Institutional Buyer&#148; within the meaning of Rule&nbsp;144A of the United States Securities
Act of 1933, as amended (the &#147;Securities Act&#148;).</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="margin-top: 12pt; margin-left: 4%">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><FONT face="Wingdings" style="font-size: 17pt">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>Please mark an &#147;X&#148; in the box to indicate that as of the date hereof, you are, and will
be as of the date of distribution of the Units in accordance with the Arrangement, a
Qualified Purchaser and a Qualified Institutional Buyer.</TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Signature: Please date and sign this form on the reverse</B>
</DIV>


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">



&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;.

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>By signing this form below, you represent that you are a Qualified U.S Shareholder and agree
that:</B>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>You are receiving the Units for investment and not with a view to or for sale in connection
with any distribution of Units.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>You agree that if you decide to offer, sell or otherwise transfer or pledge all or any part of
the Units, you will not offer, sell or otherwise transfer or pledge any of such Units, directly or
indirectly, unless:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(i)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the sale is to the Fund; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(ii)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the sale is made outside the United States in accordance with the requirements of Rule&nbsp;904
of Regulation&nbsp;S under the Securities Act, and in compliance with applicable local laws and
regulations; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(iii)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>if such sale is within the United States or otherwise to a U.S. person,
the sale is to a person who at the time of the sale certifies that it is a Qualified Purchaser.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>You understand and acknowledge that upon the initial issuance of the Units, and until such
time as is no longer required under applicable requirements of the Investment Company Act, the
certificates representing the Units, and all certificates issued in exchange therefore or in
substitution thereof, shall bear on the face of such certificate the following legend:</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&#147;THE HOLDER HEREOF, BY PURCHASING THE SECURITIES REPRESENTED HEREBY, AGREES FOR THE BENEFIT OF
BELL ALIANT REGIONAL COMMUNICATIONS INCOME FUND (THE &#147;FUND&#148;) THAT SUCH SECURITIES MAY BE OFFERED,
SOLD OR OTHERWISE TRANSFERRED ONLY (A)&nbsp;TO THE FUND, (B)&nbsp;OUTSIDE THE UNITED STATES IN ACCORDANCE
WITH RULE 904 OF REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR (C)
WITHIN THE UNITED STATES OR TO A U.S. PERSON, TO A &#147;QUALIFIED PURCHASER&#148; (AS SUCH TERM IS DEFINED
IN SECTION 2(A)(51)(A) OF THE UNITED STATES INVESTMENT COMPANY ACT OF 1940, AS AMENDED).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">A NEW CERTIFICATE BEARING NO LEGEND MAY BE OBTAINED FROM THE TRANSFER AGENT OF THE FUND UPON
DELIVERY OF (1)&nbsp;THIS CERTIFICATE AND (2)&nbsp;A DULY EXECUTED DECLARATION, IN A FORM SATISFACTORY TO
THE FUND AND ITS TRANSFER AGENT, TO THE EFFECT THAT THE SALE OF THE SECURITIES REPRESENTED HEREBY
IS BEING MADE IN COMPLIANCE WITH RULE 904 OF REGULATION S UNDER THE UNITED STATES SECURITIES ACT
OF 1933, AS AMENDED.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>You acknowledge and agree that, (1)&nbsp;if you do not complete this form certifying that you are a
Qualified U.S. Shareholder and return this form duly completed by the date and time stated on the
front page hereof, to the address of Computershare indicated below, or (2)&nbsp;if you are a Qualified
U.S. shareholder and hold no more than 150 common shares as at 5:01 p.m. (Montreal time) on the
Effective Date, you will receive cash in lieu of Units pursuant to the procedures set forth in the
Circular.</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="m32092orm3209205.gif" alt="(SIGNATURE GRAPHIC)">
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>QUESTIONS AND FURTHER ASSISTANCE</B>
</DIV>


<DIV align="left" style="font-size: 10pt">Should you have any questions regarding the completion of the Qualified Purchaser Certification,
please contact BCE&#146;s information agent, at:</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Georgeson Shareholder</B>
</DIV>


<DIV align="left" style="font-size: 10pt">North American toll-free number: 1-866-520-3874</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Please send this form to the address indicated below:</B>
</DIV>

<DIV align="left">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="60%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="48%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="48%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>By Mail</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>By Hand or Courier</B></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Computershare Trust Company of Canada
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Computershare Trust Company of Canada</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">PO Box 7030
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">100 University Avenue</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">31 Adelaide Street East
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">9<SUP style="font-size: 85%; vertical-align: text-top">th </SUP>Floor</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Toronto, ON
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Toronto, Ontario</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">M5C 2K6
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">M5J 2Y1</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" valign="top"><IMG src="m32092orm3209200.gif" alt="(BELL CANADA ENTERPRISES)">
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top"><IMG src="m32092orm3209201.gif" alt="(COMPUTERSHARE LOGO)"><BR>
9th Floor, 100 University Avenue<BR>
Toronto, Ontario M5J 2Y1<BR>
Telephone 1-800-561-0934<BR>
BCE@computershare.com</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 50%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Holder Account Number</B>

</DIV>
<DIV align="left">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="50%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="88%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Use a <U>black
</U>or <U>blue
</U>pen. Print in
CAPITAL letters
inside the grey
areas as shown in
this example.
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="middle"><IMG src="m32092orm3209202.gif" alt="(GRAPHIC)"></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left" style="font-size: 12pt; margin-top: 6pt"><DIV style="border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>&nbsp;&nbsp;&nbsp;<B>Change
of Address Notification</B>
<DIV style="border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>New Address Details</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="m32092orm3209203.gif" alt="(ADDRESS GRAPHIC)">
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Authorized Signatures &#151; Sign Here &#151; This section </B><U><B>must </B></U><B>be completed for your instructions to
be executed.</B>
</DIV>


<DIV align="left" style="font-size: 10pt">I/We authorize you to act in accordance with my/our change of address instructions set out
above. I/We acknowledge that these instructions supercede and have priority over all previous
instructions in respect to my/our holdings.</DIV>



<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="m32092orm3209204.gif" alt="(SIGNATURE GRAPHIC)">
</DIV>


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 12pt; margin-top: 12pt"><DIV style="border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
&nbsp;&nbsp;&nbsp;<B>Change of Address Notification</B>
<DIV style="border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Signatures</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Sign in the spaces provided to authorize Computershare Trust Company of Canada
(&#147;Computershare&#148;) to act in accordance with the change address instructions. If all appropriate
signatures are not present, Computershare cannot execute the instructions.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Privacy Notice</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Computershare is committed to protecting your personal information. In the course of providing
services to you and our corporate clients, we receive non-public personal information about you -
from transactions we perform for you, forms you send us, other communications we have with you or
your representatives, etc. This information could include your name, address, social insurance
number, tax identification number, securities holdings and other financial information. We use this
to administer your account, to better serve your and our clients&#146; needs and for other lawful
purposes relating to our services. We have prepared a <I>Privacy Code </I>to tell you more about our
information practices and how your privacy is protected. It is available at our website,
computershare.com, or by writing us at 100 University Avenue, Toronto, Ontario, M5J 2Y1.
Computershare will use the information you are providing on this form in order to process your
request and will treat your signature(s) on this form as your consent to the above.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Please send this form to the address indicated below:</B>
</DIV>

<DIV align="left">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="70%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="48%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="48%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>BY MAIL</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>BY REGISTERED MAIL, HAND OR COURIER</B></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Computershare Trust Company of Canada
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Computershare Trust Company of Canada</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">PO Box 7030
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">100 University Avenue</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">31 Adelaide Street East
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">9<SUP style="font-size: 85%; vertical-align: text-top">th </SUP>Floor</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Toronto, ON
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Toronto, Ontario</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">M5C 2K6
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">M5J 2Y1</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt">&nbsp;
</DIV>


<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" valign="top"><IMG src="m32092orm3209200.gif" alt="(BELL CANADA ENTERPRISES)">
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top"><IMG src="m32092orm3209201.gif" alt="(COMPUTERSHARE LOGO)"><BR>
Computershare Trust Company of Canada<BR>
9<SUP style="font-size: 85%; vertical-align: text-top">th </SUP>Floor, 100 University Avenue<BR>
Toronto, Ontario M5J 2Y1<BR>
Telephone: 1 800 561-0934<BR>
BCE@computershare.com</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 50%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOTAL COMMON SHARES

</DIV>
<DIV align="left" style="font-size: 12pt; margin-top: 6pt"><DIV style="border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>&nbsp;&nbsp;&nbsp;<B>BCE
INC. &#151; LETTER OF TRANSMITTAL</B>
<DIV style="border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>TO:</B>&nbsp;&nbsp;<B>COMPUTERSHARE TRUST COMPANY OF CANADA (&#147;Computershare&#148;)</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The undersigned hereby represents and warrants that the undersigned is the owner of common shares
of BCE Inc. (&#147;BCE&#148;), which common shares are represented by the share certificate(s) delivered
herewith and represents and warrants that the undersigned has good title to the common shares
represented by the said certificate(s), free and clear of all liens, charges and encumbrances, and
has full power and authority to herewith deposit such common shares.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The share certificate(s) are hereby surrendered in exchange for a certificate representing
consolidated common shares of BCE, calculated according to a consolidation ratio of 0.915
consolidated common shares for each common share owned by a shareholder as at 5:01 p.m. (Montreal
time) on the effective date (the &#147;Effective Date&#148;). BCE will announce the anticipated Effective
Date by press release at a future time. No fractions of consolidated common shares will be issued
by BCE to registered shareholders pursuant to the share consolidation. Each registered shareholder
who would be entitled to a fractional consolidated common share will receive a cash payment
instead. As soon as reasonably practicable after the share consolidation is effective,
Computershare will aggregate and sell the fractions of consolidated common shares of all registered
shareholders. Fractional entitlements, net of commission expenses, will only be paid to registered
shareholders upon surrender of their share certificate(s) transmitted with the Letter of
Transmittal.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Lost Certificates</B>: If you cannot locate some or all of your certificates, read, complete and sign
Box A on the reverse of this form and mark the boxes below with an &#147;X&#148; corresponding to the
certificate number you cannot locate.
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left"><B>1.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Your BCE common share certificates are listed below. </B>Locate all of your certificates listed
below and attach them to the Letter of Transmittal.</TD>
</TR>

</TABLE>
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="14%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="23%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="14%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="23%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><B>Lost</B>
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" valign="top"><B>Certificate Number</B>
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" valign="top"><B>Number of Common Shares</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>Lost</B>
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" valign="top"><B>Certificate Number</B>
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" valign="top"><B>Number of Common Shares</B></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><FONT face="Wingdings" style="font-size: 17pt">&#111;</FONT>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><FONT face="Wingdings" style="font-size: 17pt">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><FONT face="Wingdings" style="font-size: 17pt">&#111;</FONT>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><FONT face="Wingdings" style="font-size: 17pt">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><FONT face="Wingdings" style="font-size: 17pt">&#111;</FONT>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><FONT face="Wingdings" style="font-size: 17pt">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><FONT face="Wingdings" style="font-size: 17pt">&#111;</FONT>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><FONT face="Wingdings" style="font-size: 17pt">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><FONT face="Wingdings" style="font-size: 17pt">&#111;</FONT>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><FONT face="Wingdings" style="font-size: 17pt">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>UnCertificated Share Total</B>
</DIV>


<DIV align="left" style="font-size: 10pt">12345678901234</DIV>



<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left"><B>2.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Signatures</B>: Please sign and date this form. The name(s) of the registered holder(s) are
listed in the Name and Address section, at the top of this form. All registered holders MUST
sign exactly as your name(s) appear(s) above.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="m32092orm3209205.gif" alt="(SIGNATURE GRAPHIC)">
</DIV>


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>INSTRUCTIONS:</B>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">1)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each registered shareholder holding share certificate(s) of BCE must deliver this Letter of
Transmittal, duly completed and signed, together with the share certificate(s) listed on the
front page of the Letter of Transmittal or on the Certificate Listing Form, as applicable, to
Computershare at the address listed below. The method of delivery to Computershare is at the
option and risk of the shareholder, but if mail is used, <B>registered mail is recommended.</B>
Computershare will not consider the requisite
documents received until they are physically received by Computershare.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">2)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Share certificate(s) registered in the name of the person by whom (or on whose behalf) the
Letter of Transmittal is signed, need not be endorsed nor accompanied by any share transfer
power of attorney unless such person wants the consolidated common share certificate to be
issued over to another holder (see the next paragraph).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">3)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If your consolidated common shares and cheque for the value of fractions of consolidated
common shares are to be issued to another holder other than the registered shareholder, you
are advised to read in full Section&nbsp;3(C) of the letter of instruction you received with this
Letter of Transmittal and comply with the procedures stated in that Section&nbsp;3(C).</TD>
</TR>

</TABLE>
</DIV>
<P>
<DIV style="width: 100%; border: 1px solid black; padding: 11px;">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>BOX A &#151; AFFIDAVIT OF LOST OR DESTROYED CERTIFICATES &#151; BCE INC.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">By checking any of the lost certificate box(es) on the front page of the Letter of Transmittal or
on the Certificate Listing Form, as applicable, and signing the bottom of this form, the
undersigned person(s) being fully sworn deposes and says that: &#147;I am the lawful owner of the
certificate(s) and the common shares represented thereby. The certificate(s) has(have) not been
endorsed, cashed, negotiated, transferred, assigned or otherwise disposed of. I have made a
diligent search for the certificate(s) and have been unable to find it (them), and make this
Affidavit for the purpose of the issue by BCE Inc. (&#147;BCE&#148;) of a new certificate representing my
entitlement to consolidated common shares without surrender of the certificate(s). I hereby agree
that if the certificate(s) should ever come into my hands, custody or power, I will immediately and
without consideration surrender the certificate(s) to BCE. In consideration of the issuance of a
new certificate representing my entitlement to consolidated common shares, I agree to completely
indemnify, protect and save harmless BCE, Computershare Trust Company of Canada (&#147;Computershare&#148;),
and any other party to the transaction (each, an &#147;Obligee&#148;), and Computershare&#146;s insurance broker,
Hunter Keilty Muntz &#038; Beatty Limited, from and against all losses, costs and damages, including
court costs and solicitors&#146; fees, which such person(s) may be subject to or liable for in respect
of the cancellation and replacement of the certificate(s). The rights accruing to the Obligees
under the preceding sentence shall not be limited by the negligence, inadvertence, accident,
oversight or breach of any duty or obligation on the part of the Obligees or their respective
officers, employees and agents, of their failure to inquire into, contest, or litigate any claim,
whenever such negligence, inadvertence, accident, oversight, breach or failure occurs or has
occurred. I authorize Computershare to deliver this Affidavit to Hunter Keilty Muntz &#038; Beatty
Limited which has underwritten a bond of indemnity to protect the foregoing parties.
</DIV>

<DIV align="left">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="85%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="15%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="20%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="25%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="20%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD nowrap valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>LOST CERTIFICATE BOND</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>$0.35 CAD</B></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 1px solid #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 1px solid #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD nowrap valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>PREMIUM CALCULATION</B>:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Common Shares Lost
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">X
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Bond Premium
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">=
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Total Premium Due</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Per Common Share</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(Minimum CAD $20.00)</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>INSTRUCTIONS:</B>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">1)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Multiply the number of common shares lost by the Bond Premium per common share noted above to
calculate the premium you owe. There is a minimum premium of CAD $20.00.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">2)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If you have lost your certificate(s) representing five or less of the common shares you hold
as at 5:01 p.m (Montreal time) on the Effective Date, the premium to replace such
certificate(s) has been waived by BCE. In such case, please sign this affidavit and indicate
the lost certificate number(s) on the front page of the Letter of Transmittal or on the
Certificate Listing Form, as applicable. No cheque is required.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">3)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Please send your certified cheque, bank draft or money order payable to &#147;Computershare Trust
Company of Canada&#148; for the total premium calculated above or the minimum premium amount of CAD
$20.00.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">4)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If any amount of lost share certificates represents a value of common shares as at 5:01 p.m
(Montreal time) on the Effective Date of more than CAD $250,000.00, please contact
Computershare for additional information.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">5)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The above quoted premium is valid until July&nbsp;10, 2007.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">6)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All registered shareholders MUST sign below exactly as their names appear on the front page
of this Letter of Transmittal. If your lost certificate(s) is (are)&nbsp;part of an estate or
trust, please contact Computershare for additional information.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="m32092orm3209206.gif" alt="(SIGNATURE GRAPHIC)">
</DIV>

</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Please send all certificates and other requisite documentation to the offices of Computershare as indicated below:</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="30%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>BY MAIL</B><BR>
Computershare Trust Company of Canada<BR>
PO Box 7030<BR>
31 Adelaide Street East<BR>
Toronto, ON<BR>
M5C 2K6
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>BY REGISTERED MAIL, HAND OR COURIER</B><BR>
Computershare Trust Company of Canada<BR>
100 University Avenue<BR>
9<SUP style="font-size: 85%; vertical-align: text-top">th </SUP>Floor<BR>
Toronto, Ontario<BR>
M5J 2Y1
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Mark an &#147;X&#148; in the box below if you wish
to pick-up your certificate and cheque at
Computershare Toronto Office.
<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="Wingdings" style="font-size: 17pt">&#111;</FONT></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">





<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="m32092orm3209200.gif" alt="(LOGO)">
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>IMPLEMENTATION OF THE BCE PLAN OF ARRANGEMENT</B>
</DIV>


<DIV align="center">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>



<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><FONT size="3"><B><I>LETTER OF INSTRUCTION</I></B>
</FONT></DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Dear Shareholder,
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">We are pleased to announce the implementation of the plan of arrangement described in detail in the
management proxy
circular of BCE Inc. (&#147;BCE&#148;) dated April&nbsp;12, 2006 (&#147;Circular&#148;), as approved by BCE common
shareholders at this year&#146;s
annual and special shareholder meeting held on June&nbsp;7, 2006 (the &#147;BCE Plan of Arrangement&#148;).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">BCE will announce the anticipated effective date (the &#147;Effective Date&#148;) of the BCE Plan of
Arrangement by press release
at a future time.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This letter contains instructions for shareholders who will own BCE common shares (&#147;common shares&#148;)
as at 5:01 p.m.
(Montreal time) on the Effective Date, outlining the necessary steps required for them to receive,
as provided for under
the BCE Plan of Arrangement:
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(1)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>certificates evidencing units (&#147;Units&#148;) in Bell Aliant Regional Communications Income Fund (the
&#147;Fund&#148;),</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(2)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>certificates evidencing consolidated common shares in BCE (&#147;Consolidated Common Shares&#148;), and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(3)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>where applicable, cash proceeds in lieu of entitlements to (i)&nbsp;Units, and (ii)&nbsp;fractional
consolidated common
shares.</TD>
</TR>

</TABLE>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">We remind you that complete details regarding the BCE Plan of Arrangement are contained in the
Circular.
The implementation of the BCE Plan of Arrangement remains subject to the satisfaction or waiver of
the closing
conditions with respect to the creation of the Fund.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Entitlement under the BCE Plan of Arrangement</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Subject to the terms of the BCE Plan of Arrangement, for each common share held as of 5:01 p.m.
(Montreal time) on the
Effective Date, shareholders will be entitled to:
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(i)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>0.0725 Units; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(ii)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>0.915 Consolidated Common Shares.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><U><B>DISTRIBUTION OF UNITS</B></U>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>A.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Shareholders Who are Not U.S. Shareholders</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">1)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Shareholders who are not U.S. Shareholders (as defined below) and hold more than 150 common
shares as of
5:01 p.m. (Montreal time) on the Effective Date will <I>automatically </I>receive 0.0725 Units for each
common share
held. Such shareholders can expect to receive a certificate representing their Units by first class
mail (postage
prepaid) shortly following the Effective Date. Fractions of Units however will not appear on Unit
certificates.
Instead, such fractions of Units will be aggregated and sold, and shareholders entitled thereto
will receive the net
cash proceeds from such sale, after commission expenses, in Canadian dollars, on a <I>pro rata </I>basis.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">2)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Shareholders who are not U.S. Shareholders who hold 150 or less common shares (a &#147;Small
Interest&#148;) as of
5:01 p.m. (Montreal time) on the Effective Date will not receive Units. The Units to which such
shareholders
would otherwise have been entitled under the BCE Plan of Arrangement will be aggregated and sold.
Such
shareholders will <I>automatically </I>receive the net cash proceeds from such sale, after commission
expenses, in
Canadian dollars, on a <I>pro rata </I>basis.</TD>
</TR>

</TABLE>
</DIV>

<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><I>Please note that</I>:
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Proceeds from the sale of Small Interests and fractional Units, as applicable, will be
distributed as soon as
acticable after the trade(s) settles.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Units will be credited to beneficial shareholders through their accounts with their financial
intermediary. As a
result, shareholders who hold their common shares through a financial intermediary (i.e. a bank,
trust company,
broker, nominee, etc.) will not receive individual Unit certificates shortly after the Effective
Date, but at such
time, their accounts will be adjusted to reflect their ownership in Units.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>B.</B></TD>
    <TD width="5%">&nbsp;</TD>
    <TD><B>U.S. Shareholders &#151; </B><B><I>Qualified Purchaser Certification</I></B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">1)</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>Shareholders who will be, at 5:01 p.m. (Montreal time) on the Effective Date, U.S. persons (as
defined under
U.S. securities laws) (&#147;U.S. Shareholders&#148;) and who hold more than 150 common shares at such time,
are
entitled to receive Units, provided (i)&nbsp;that they validly execute the Qualified Purchaser
Certification enclosed
with this letter (please note that only U.S. Shareholders will receive a Qualified Purchaser
Certification form),
and (ii)&nbsp;that such duly executed Qualified Purchaser Certification is received by Computershare
Trust Company
of Canada (&#147;Computershare&#148;) at the address indicated on that form no later than 5:01 p.m. (Montreal
time) on the
Effective Date.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD><I>Shareholders in this group </I><U><I>who satisfy</I></U><I> (i)&nbsp;and (ii)&nbsp;of the above paragraph </I>will receive
0.0725 Units for each
common share held as at 5:01 p.m. (Montreal time) on the Effective Date. Fractions of Units however
will not
appear on Unit certificates. Instead, such fractions of Units will be aggregated and sold, and
shareholders entitled
thereto will receive the net cash proceeds from such sale, after commission expenses, in Canadian
dollars, on a
<I>pro rata </I>basis.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD><I>Shareholders in this group who</I><U><I> do not satisfy</I></U><I> (i)&nbsp;and (ii)&nbsp;of the first paragraph of this
Section&nbsp;B </I><B>will not be
entitled to receive Units</B>. Rather, the Units to which such shareholders would otherwise have been
entitled will
be aggregated and sold, and such U.S. Shareholders will <I>automatically </I>receive the net cash
proceeds, after
commission expenses, in Canadian funds, on a <I>pro rata </I>basis.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">2)</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>U.S. Shareholders who hold Small Interests as at 5:01 p.m. (Montreal time) on the Effective Date
will not
receive Units. Rather, the Units to which such U.S. Shareholders would otherwise have been entitled
will be
aggregated and sold, and such U.S. Shareholders will <I>automatically </I>receive the net cash proceeds,
after
commission expenses, in Canadian funds, on a <I>pro rata </I>basis.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">3)</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>If U.S. Shareholders have any questions regarding the completion of the Qualified Purchaser
Certification form,
please contact BCE&#146;s information agent, Georgeson Shareholder, at 1-866-520-3874.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><I>Please note that</I>:
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Proceeds from the sale of Small Interests and fractional Units, as applicable, will be
distributed as soon as
practicable after the trade(s) settles.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>U.S. Shareholders who hold their common shares through a financial intermediary (i.e. a bank,
trust company,
broker, nominee, etc.) should contact that intermediary for instructions on how they are to attest
the information
contained in the Qualified Purchaser Certification form. Units will be credited to beneficial
shareholders through
their accounts with their financial intermediary. As a result, shareholders who hold their common
shares through
such an intermediary will not receive individual Unit certificates shortly after the Effective
Date, but at such
time, their accounts will be adjusted to reflect their ownership in Units.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Where the Qualified Purchaser Certification is executed by an executor, administrator, trustee,
guardian,
attorney-in-fact, agent, corporation, partnership or association, or is executed by any other
person acting in a
fiduciary or representative capacity, such person must so indicate when signing the Qualified
Purchaser
Certification and provide evidence of the signatory&#146;s authority to act. BCE and Computershare, may
at their
entire discretion require additional evidence of such authority to act or additional information.</TD>
</TR>

</TABLE>
</DIV>
<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>


<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B><u>DISTRIBUTION OF CONSOLIDATED COMMON SHARES</u></B>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>C.</B></TD>
    <TD width="5%">&nbsp;</TD>
    <TD><B>All BCE Common Shareholders</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">1)</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>Registered Shareholders must validly execute the letter of transmittal (&#147;Letter of Transmittal&#148;)
included with this
letter to receive a certificate evidencing their Consolidated Common Shares. Such shareholders must
return the
executed Letter of Transmittal to Computershare at the address indicated thereon, together with the
original
certificate(s) enumerated in the Letter of Transmittal.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>Shareholders can expect to receive a new share certificate representing their Consolidated Common
Shares as
soon as practicable following receipt by Computershare of a validly executed Letter of Transmittal
that is
accompanied by the relevant original share certificate(s) representing their common shares and any
other
material requested by BCE or Computershare, provided that such timeframe shall start at 5:01 p.m.
(Montreal
time) on the Effective Date in the event such documents are received prior thereto. Fractions of
Consolidated
Common Shares however will not appear on Consolidated Common Shares certificates. Instead, such
fractions
of Consolidated Common Shares will be aggregated and sold, and shareholders entitled thereto will
receive the
net cash proceeds from such sale, after commission expenses, in Canadian dollars, on a <I>pro rata</I>
basis. Such
proceeds will only be paid to registered shareholders upon surrender of their share certificate(s),
duly transmitted
to Computershare with the Letter of Transmittal.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">2)</TD>
    <TD width="5%">&nbsp;</TD>
    <TD><U>LOST ORIGINAL CERTIFICATES</U>: In the materials being transmitted with this letter,
shareholders are
receiving a list that identifies each certificate number that corresponds to their BCE common
shareholdings prior
to the date of mailing. If shareholders hold <U>10 certificates</U> or less, this list of holdings
will appear directly on the
Letter of Transmittal enclosed in their materials. If shareholders hold <U>more than 10
certificates</U>, the list of
holdings will appear on a separate certificate listing form (&#147;Certificate Listing Form&#148;) enclosed
with this letter. If
shareholders cannot locate some or all of the certificates mentioned on the Letter of Transmittal
or Certificate
Listing Form, as applicable, they must mark the appropriate &#147;<I>LOST</I>&#148; box corresponding to the number
of the lost
certificate with an &#147;X&#148;.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD><U>All shareholders who have lost original certificates</U> (whether they are marking lost
certificates on the Letter of
Transmittal or on the Certificate Listing form) must duly complete and sign <I>Box A &#151; Affidavit of
Lost or
Destroyed Certificates &#151; BCE Inc. </I>on the reverse side of the Letter of Transmittal and must pay a
bond premium
of CAD $0.35 per common share represented by the lost share certificate(s) (minimum of CAD $20.00).
The
stated rate is available until July&nbsp;10, 2007. <U>All shareholders who have lost original
certificates</U> must consequently
enclose a certified cheque, bank draft, or money order, payable to &#147;Computershare Trust Company of
Canada&#148;
with all other materials that are required to be returned to Computershare under this letter. If
shareholders have
lost certificate(s) representing five or less of the common shares they hold as at 5:01 p.m.
(Montreal time) on the
Effective Date, note that NO premium is required as such premium to replace such certificate(s) has
been waived
by BCE. If any amount of lost original certificates represents a value of common shares as at 5:01
p.m.
(Montreal time) on the Effective Date of more than CAD $250,000.00, then affected shareholder(s)
should
contact Computershare for additional information. If shareholders&#146; lost certificate(s) is (are)
part of an estate or
trust, please contact Computershare for additional information.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">3)</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>If shareholders receiving Consolidated Common Shares want the Consolidated Common Share
certificate(s) to
be issued over to another holder, then (i)&nbsp;the current share certificate(s) representing the
relevant common shares
that they wish to transfer, or (ii)&nbsp;a separate irrevocable share transfer power of attorney, must
be endorsed by the
registered holder of such share certificate(s). The registered holder&#146;s duly authorized
representative may also
endorse such documents, as long as proof of authority to act is provided. Shareholders may obtain a
share
transfer power of attorney form on the Internet at <U>www.computershare.com</U> or by calling
Computershare at the
number mentioned in the last paragraph of this letter. <B>The signature(s) endorsing the current share
certificate(s) or share transfer power of attorney, as applicable, must be guaranteed by an
Eligible
Institution (please refer to the following paragraph for further information)</B>. The validly endorsed
current
share certificate(s) and/or a separate irrevocable share transfer power of attorney, including the
guarantee by the
Eligible Institution, and proof of authority to act, where applicable, must be returned to
Computershare. The
registered shareholder or its duly authorized representative endorsing the current share
certificate(s) in this
manner must accompany these materials with a covering letter to Computershare that it signs,
stating that the
current share certificate(s) is/are being deposited with Computershare on the terms and conditions
outlined in the
Letter of Transmittal and BCE Plan of Arrangement, for the purposes of obtaining Consolidated
Common Shares</TD>
</TR>

</TABLE>
</DIV>
<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>


<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #textcolor#; background: #bgcolor#">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>which such registered shareholder or its duly authorized representative instructs Computershare to
transfer to the
other holder. The covering letter must also contain the mailing address of such other holder over
to whom the
Consolidated Common Shares are to be issued. Cheque(s) issued in lieu of fractions of Consolidated
Common
Shares will be made payable directly to such other holders receiving the Consolidated Common Share
certificate(s).</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>Shareholders endorsing their current share certificate(s) have the following list of options
available in respect of
signature guarantees from Eligible Institutions:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="11%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Canada and the U.S.A.: </B>Obtain a <I>Medallion Signature Guarantee </I>from a member of an
acceptable <I>Medallion Signature Guarantee Program </I>&#091;Transfer Agent Medallion Program
(STAMP), Stock Exchanges Medallion Program (SEMP), or New York Stock Exchange, Inc.
Medallion Signature Program (MSP)&#093;. Many commercial banks, savings banks, credit unions,
and all broker dealers participate in a <I>Medallion Signature Guarantee Program</I>. The guarantor
must affix a stamp bearing the words &#147;Medallion Guaranteed&#148;.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="11%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Canada: </B>Obtain a <I>Signature Guarantee </I>from a Canadian Schedule&nbsp;I chartered bank. The
guarantor must affix a stamp bearing the words &#147;Signature Guaranteed&#148;, as well as a signature,
its full name in print, and its alpha numeric signing number. <I>Signature Guarantees </I>are not
accepted from Treasury Branches, Credit Unions or Caisse Populaire, unless they are members
of a <I>Medallion Signature Guarantee Program</I>.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="11%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Outside North America: </B>Shareholders located outside North America will have to present the
certificate(s) and/or document(s) necessitating the signature guarantee to a local financial
institution that has a corresponding Canadian or American affiliate that is a member of an
acceptable <I>Medallion Signature Guarantee Program</I>. The local financial institution will
arrange for a signature to be over<B>-</B>guaranteed by such affiliate.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><I>Please note that</I>:
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Proceeds from the sale of fractional Consolidated Common Shares will be distributed as soon as
practicable after
the trade(s) settles.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Consolidated Common Shares of beneficial shareholders will be attributed to such shareholders
through their
respective accounts, by their financial intermediary. As a result, shareholders who hold their
common shares in
BCE through a financial intermediary (i.e. a bank, trust company, broker, nominee, etc.) will not
need to send a
Letter of Transmittal and original share certificate(s) to Computershare.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Until Computershare is in receipt of a validly executed Letter of Transmittal, the relevant
original share
certificate(s), and any other supporting documents as required by this letter, and subsequently
issues the
corresponding Consolidated Common Shares, <B>shareholders will not be able to sell or otherwise
transfer their
common shares.</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Where a Letter of Transmittal, share certificate, or share transfer power of attorney is executed
by an executor,
administrator, trustee, guardian, attorney-in-fact, agent, corporation, partnership or association,
or is executed by
any other person acting in a fiduciary or representative capacity, such person must so indicate
when signing the
Letter of Transmittal, share certificate, or share transfer power of attorney and provide evidence
of the
signatory&#146;s authority to act. BCE and Computershare, may at their entire discretion, acting
individually, require
additional evidence of such authority to act or additional information.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>D.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Dividend Reinvestment Plan Participants</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">1)</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>Common shares held by shareholders in a BCE dividend reinvestment plan will <I>automatically </I>be
consolidated on
the basis of 0.915 Consolidated Common Shares for each common share held as at 5:01 p.m. (Montreal
time) on
the Effective Date. Fractional Consolidated Common Shares that such shareholders are entitled to as
a result of
the consolidation provided for under the BCE Plan of Arrangement will remain in the dividend
reinvestment
plan. The dividend reinvestment plan statement next issued following the Effective Date will
reflect the
consolidated amount.</TD>
</TR>

</TABLE>
</DIV>

<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><U><B>MISCELLANEOUS</B></U>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">1)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>It is recommended that shareholders consult their tax advisor in respect of the tax consequences
of the BCE Plan
of Arrangement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">2)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Unit certificates, Consolidated Common Share certificates, and cheques for cash payments in lieu
of Units and/or
Consolidated Common Shares, as applicable, will be sent to the address of the registered
shareholder currently in
the books of BCE. If shareholders have changed address, they should complete the enclosed Change of
Address
Notification form and return same to Computershare with the Letter of Transmittal, original share
certificate(s),
Qualified Purchaser Certification, where required, and any other applicable supporting
documentation required,
at the address indicated on such materials. Registered shareholders also have the option of picking
up their
Consolidated Common Share certificates at an office of Computershare, instead of having these sent
to them at
the address specified in the Letter of Transmittal or on their Change of Address Notification form,
as applicable,
provided that such shareholders have elected to do so in the Letter of Transmittal.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">3)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>A security return envelope is enclosed in the envelope of materials being transmitted to
shareholders for their
convenience. It is recommended that all documents required by this letter to be sent by
shareholders to
Computershare are sent <B>by registered mail</B>. Computershare will not consider the requisite documents
received
until they are physically received by Computershare.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">4)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If the addressee is no longer the registered holder of the BCE common shares represented by the
certificates
listed on the Letter of Transmittal or on the Certificate Listing Form, as applicable, such
addressee must
complete the Letter of Transmittal or Certificate Listing Form, as applicable, only in respect of
those certificates
that represent the common shares of which they are the registered holder as at 5:01 p.m. (Montreal
time) on the
Effective Date. Such shareholder must return the mentioned materials on the address indicated on
such forms, as
applicable, along with a covering letter to Computershare, identifying the corresponding
certificate numbers in
respect of which it is no longer the registered holder.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">5)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>A Letter of Transmittal, Certificate Listing Form, affidavit, or any premium payment amount that
is not complete
or does not comply with the requirements for valid execution stated in this letter and in those
documents
themselves, or that is not provided along with appropriate original share certificate(s) and
requisite supporting
documentation, will be returned to the addressee with an explanation. Once the relevant
shareholder(s)
has/(have) made the necessary corrections, such shareholder(s) may re-submit all the appropriate
documentation
that is required to effect the exchange of their common share certificate(s) for Consolidated
Common Share
certificates.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">6)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Neither BCE, Computershare, nor their respective agents is under any obligation to notify a
shareholder of any
deficiency in the execution of a Letter of Transmittal or Qualified Purchaser Certification.
Neither BCE,
Computershare, nor their respective agents will accept any liability for failure to notify a
shareholder of a
deficiency in the execution of a Letter of Transmittal or Qualified Purchaser Certification. Any
question
concerning validity and timely receipt of a Letter of Transmittal or Qualified Purchaser
Certification will be
determined by BCE in its sole discretion.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">7)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If the implementation of the BCE Plan of Arrangement does not occur as a result of the closing
conditions with
respect to the creation of the Fund not having being satisfied or waived, or otherwise,
Computershare will return
to shareholders the original share certificate(s) it received from them by first class mail
(postage prepaid) as soon
as practicable.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">8)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>For further information, <B>you may contact Computershare at 1-800-561-0934</B>.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Sincerely,
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">BCE Inc.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">June&nbsp;22, 2006
</DIV>

<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

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