<SEC-DOCUMENT>0001309014-11-000820.txt : 20111209
<SEC-HEADER>0001309014-11-000820.hdr.sgml : 20111209
<ACCEPTANCE-DATETIME>20111209101558
ACCESSION NUMBER:		0001309014-11-000820
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20111209
FILED AS OF DATE:		20111209
DATE AS OF CHANGE:		20111209

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BCE INC
		CENTRAL INDEX KEY:			0000718940
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08481
		FILM NUMBER:		111252271

	BUSINESS ADDRESS:	
		STREET 1:		1 CARREFOUR ALEXANDER-GRAHAM-BELL
		CITY:			VERDUN
		STATE:			A8
		ZIP:			H3E 3B3
		BUSINESS PHONE:		514-786-3891

	MAIL ADDRESS:	
		STREET 1:		1 CARREFOUR ALEXANDER-GRAHAM-BELL
		CITY:			VERDUN
		STATE:			A8
		ZIP:			H3E 3B3

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BELL CANADA ENTERPRISES INC
		DATE OF NAME CHANGE:	19880111
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>htm_6367.htm
<DESCRIPTION>LIVE FILING
<TEXT>
<!-- HTML Header Page -->
<HTML>
<HEAD>
<TITLE>
BCE Inc.&nbsp;-&nbsp;Form&nbsp;6-K
</TITLE>
</HEAD>
<!-- End HTML Header Page --><!-- Cover Page Header -->
<BODY bgcolor=white text=black>
<HR NOSHADE>
<A NAME="DOCUMENT_TOP">&nbsp;</A>
<P align="center">
<FONT size="+1"><B>
UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549</B>
</P>

<P>
<CENTER>
<FONT SIZE="+2" FACE="Arial"><B>FORM 6-K</B></FONT><BR>

</CENTER>
</P>

<P>
<CENTER>
<FONT size="+1">
REPORT OF FOREIGN PRIVATE ISSUER<BR>PURSUANT TO RULE 13a-16 OR 15d-16<BR>UNDER THE SECURITIES EXCHANGE ACT OF 1934
</FONT>
</CENTER>
</P>
<P>
<CENTER>
December 9, 2011
</CENTER>
</P>
<P>
<CENTER>

</CENTER>
</P>
<!-- End Cover Page Header -->
<!-- Cover Page Registrant -->
<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="100%">
  <TR>
    <TD VALIGN="BOTTOM" ALIGN="CENTER" WIDTH="100%" COLSPAN="5">
	<FONT SIZE="+2"><B>BCE Inc.</B></FONT><BR>
	<FONT SIZE="-7">&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;</FONT>
    </TD>
  </TR>
  <TR>
    <TD VALIGN="CENTER" ALIGN="CENTER" WIDTH="100%" COLSPAN="5">
	<FONT SIZE="-1">(Translation of registrant&#146;s name into English)</FONT>
    </TD>
  </TR>
  <TR>
    <TD VALIGN="BOTTOM" ALIGN="CENTER" WIDTH="100%" COLSPAN="5">
	&nbsp;
    </TD>
  </TR>

  <TR>
    <TD VALIGN="BOTTOM" ALIGN="CENTER" WIDTH="100%" COLSPAN="5">
      <FONT FACE="Courier" SIZE="+0">1, Carrefour Alexander-Graham-Bell<br>Corporate Secretary's Office<br>Building A7<br>Verdun, Quebec H3E 3B3</FONT>
    </TD>
  </TR>
  <TR>
    <TD VALIGN="BOTTOM" ALIGN="CENTER" WIDTH="100%" COLSPAN="5">
        <FONT SIZE="-7">&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;</FONT><BR>
	    <FONT SIZE="-1">(Address of principal executive office)</FONT>
    </TD>
  </TR>
  <TR>
    <TD VALIGN="BOTTOM" ALIGN="CENTER" WIDTH="100%" COLSPAN="5">
	&nbsp;
    </TD>
  </TR>
</TABLE>
<!-- End Cover Page Registrant -->
<!-- Checkboxes Page -->
<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="100%">
  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="100%" COLSPAN="5">
	Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:&nbsp;&nbsp;[<FONT FACE="Courier">&nbsp;</FONT>]&nbsp;Form 20-F&nbsp;&nbsp;&nbsp;&nbsp;[<FONT FACE="Courier">x</FONT>]&nbsp;Form 40-F
    </TD>
  </TR>
  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" COLSPAN="5" WIDTH="100%">
        &nbsp;
    </TD>
  </TR>

  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" COLSPAN="5" WIDTH="100%">
        Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):&nbsp;&nbsp;[<FONT FACE="Courier">&nbsp;</FONT>]
    </TD>
  </TR>

  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" COLSPAN="5" WIDTH="100%">
        &nbsp;
    </TD>
  </TR>

  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" COLSPAN="5" WIDTH="100%">
        Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):&nbsp;&nbsp;[<FONT FACE="Courier">&nbsp;</FONT>]
    </TD>
  </TR>

  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" COLSPAN="5" WIDTH="100%">
        &nbsp;
    </TD>
  </TR>

  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" COLSPAN="5" WIDTH="100%">
        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:&nbsp;&nbsp;[<FONT FACE="Courier">&nbsp;</FONT>]&nbsp;Yes&nbsp;&nbsp;&nbsp;&nbsp;[<FONT FACE="Courier">x</FONT>]&nbsp;No
    </TD>
  </TR>

  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" COLSPAN="5" WIDTH="100%">
        &nbsp;
    </TD>
  </TR>
</TABLE>

<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="100%">
  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="100%">
        If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):&nbsp;&nbsp;&nbsp;<FONT FACE="Courier"><U>&nbsp;n/a&nbsp;</U></FONT>
    </TD>
  </TR>
  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="100%">
        &nbsp;
    </TD>
  </TR>
</TABLE>
<!-- End Checkboxes Page -->
<!-- HR Page Break  -->
<HR NOSHADE>
<DIV ALIGN="LEFT" STYLE="PAGE-BREAK-BEFORE:ALWAYS">
<!-- End HR Page Break --><!-- Report Page -->
<FONT SIZE="3">
<PRE>
Press Release - December 9, 2011
</PRE>
</FONT>
<!-- End Report Page -->
<!-- Page Break  -->
<HR NOSHADE>
<DIV ALIGN="LEFT" STYLE="PAGE-BREAK-BEFORE:ALWAYS">
 <!-- Page Break  -->
<DIV ALIGN="LEFT" STYLE="PAGE-BREAK-BEFORE:ALWAYS">
<!-- End Page Break -->
<!-- Signatures Page Header -->
<FONT SIZE="+1">
<CENTER>
<B>SIGNATURES</B>
</CENTER>
</FONT>
<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="100%">
  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="100%">
       &nbsp;
    </TD>
  </TR>
  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="100%">
       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.
    </TD>
  </TR>
  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="100%">
       &nbsp;
    </TD>
  </TR>
</TABLE>
<!-- End Signatures Page Header -->
<!-- Signatures Page Details -->
<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="100%">
  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="40%">
       &nbsp;
    </TD>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="4%%">
       &nbsp;
    </TD>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="56%">
       BCE Inc.
    </TD>
  </TR>

  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="40%">
       &nbsp;
    </TD>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="4%%">
       &nbsp;
    </TD>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="56%">
       &nbsp;
    </TD>
  </TR>

  <TR>
    <TD VALIGN="TOP" ALIGN="LEFT" WIDTH="40%">
       Date: December 9, 2011
    </TD>
    <TD VALIGN="TOP" ALIGN="LEFT" WIDTH="4%%">
       By:
    </TD>
    <TD VALIGN="TOP" ALIGN="LEFT" WIDTH="56%">
       Alain F. Dussault<BR><HR WIDTH="30%" NOSHADE>
    </TD>
  </TR>

  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="40%">
       &nbsp;
    </TD>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="4%%">
       Name:&nbsp;
    </TD>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="56%">
       Alain F. Dussault
    </TD>
  </TR>

  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="40%">
       &nbsp;
    </TD>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="4%%">
       Title:
    </TD>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="56%">
       Corporate Secretary
    </TD>
  </TR>
  <TR>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="40%">
       &nbsp;
    </TD>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="4%%">
       &nbsp;
    </TD>
    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="56%">
       &nbsp;
    </TD>
  </TR>
</TABLE>
<!-- End Signatures Page Details -->
<!-- HR Page Break  -->
<HR NOSHADE>
<DIV ALIGN="LEFT" STYLE="PAGE-BREAK-BEFORE:ALWAYS">
<!-- End HR Page Break --><!-- Exhibit Index Header Page -->
<CENTER>
<FONT SIZE="+1"><B>
EXHIBIT&nbsp;INDEX
</B></FONT>
</CENTER>
<BR>
<CENTER>
<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="60%">
  <TR VALIGN="BOTTOM">
    <TD NOWRAP ALIGN="LEFT" WIDTH="8%">
      <FONT SIZE="-1"><B>Exhibit No.</B></FONT>
    </TD>
    <TD WIDTH="15%">
      &nbsp;
    </TD>
    <TD NOWRAP ALIGN="LEFT" WIDTH="77%">
      <FONT SIZE="-1"><B>Description</B></FONT>
    </TD>
  </TR>
  <TR VALIGN="BOTTOM">
    <TD NOWRAP ALIGN="CENTER" WIDTH="8%">
      <HR SIZE="1" NOSHADE>
    </TD>
    <TD WIDTH="15%">
      &nbsp;
    </TD>
    <TD NOWRAP ALIGN="CENTER" WIDTH="77%">
      <HR ALIGN="LEFT" SIZE="1" WIDTH="88%" NOSHADE>
    </TD>
  </TR>
<!-- Exhibit Index Header Page -->
<!-- Exhibit Index Item -->
  <TR VALIGN="BOTTOM">
    <TD VALIGN="TOP" WIDTH="8%" nowrap>
      <FONT SIZE="-1">1<FONT>
    </TD>
    <TD WIDTH="15%">
       &nbsp;
    </TD>
    <TD ALIGN="LEFT" VALIGN="TOP" WIDTH="77%">
      <FONT SIZE="2">Press Release - December 9, 2011</FONT>
    </TD>
  </TR>
<!-- End Exhibit Index Item -->
<!-- ExhibitIndexFooter -->
  <TR VALIGN="BOTTOM">
    <TD VALIGN="TOP" WIDTH="8%" nowrap>
      &nbsp;
    </TD>
    <TD WIDTH="15%">
       &nbsp;
    </TD>
    <TD ALIGN="LEFT" VALIGN="TOP" WIDTH="77%">
      &nbsp;
    </TD>
  </TR>
</TABLE>
<!-- End ExhibitIndexFooter -->
<!-- HR Page Break  -->
<HR NOSHADE>
<DIV ALIGN="LEFT" STYLE="PAGE-BREAK-BEFORE:ALWAYS">
<!-- End HR Page Break --><!-- HTML Footer Page -->
</BODY>
</HTML>
<!-- End HTML Footer Page -->
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-1
<SEQUENCE>2
<FILENAME>exhibit1.htm
<DESCRIPTION>EX-1
<TEXT>
<!-- ExhibitContentHeader Page -->
<HTML>
<HEAD>
<TITLE>
Exhibit&nbsp;&nbsp;EX-1
</TITLE>
</HEAD>
<!-- End HTML Header Page -->
<!-- ExhibitContentPage -->

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


<P align="left" style="font-size: 10pt"><FONT style="font-size: 20pt">&#091;BCE INC. LOGO&#093; News release
</FONT>

<P align="left" style="font-size: 20pt"><FONT style="font-size: 11pt">For Immediate Release
</FONT>

<P align="center" style="font-size: 11pt"><FONT style="font-size: 14pt"><B>Bell acquires ownership position in Maple Leaf Sports and Entertainment &#151; MLSE</B></FONT><BR>
<FONT style="font-size: 11pt"><I>Investment secures access to premium Canadian sports content: Leafs, Raptors, Marlies,<BR>
Toronto FC<BR>
Accelerates Bell strategy to deliver best content across next generation networks to all screens<BR>
Strengthens leadership of TSN and RDS sports networks, new services like Bell Mobile TV</I></FONT>



<P align="left" style="font-size: 11pt">MONTR&#201;AL, December&nbsp;9, 2011 &#150; Bell today announced it has, in a joint ownership arrangement with
Rogers Communications Inc., purchased a net 75% ownership position in Maple Leaf Sports and
Entertainment (MLSE)&nbsp;from Ontario Teachers Pension Plan. MLSE is Canada&#146;s largest sports and
entertainment company and owner of the premier professional sports teams in Canada&#146;s largest
marketplace: The Toronto Maple Leafs, Toronto Raptors, Toronto Marlies and Toronto FC.


<P align="left" style="font-size: 11pt">&#147;MLSE teams are among the most popular major-league franchises in North America, iconic sports
brands watched and loved by millions of fans across our nation. As Canada&#146;s largest and most
established communications company, Bell is proud to be part of this all-Canadian acquisition of a
world leader in sports and entertainment,&#148; said George Cope, President and CEO of Bell Canada and
BCE. &#147;Bell&#146;s ownership in MLSE supports our promise to deliver the best content to Canadians across
every screen. With our advanced broadband network investments, next generation Bell TV, Mobility
and Internet services, and leading sports networks TSN and RDS, the Bell team looks forward to
bringing the Leafs, the Raptors, the Marlies and Toronto FC to fans in new and innovative ways.&#148;


<P align="left" style="font-size: 11pt">Bell&#146;s net cash commitment, following a planned leveraged recapitalization of MLSE, will total $398
million, representing a 28% equity interest in MLSE, and will be funded with cash on hand at
closing. Through a co-investment arrangement with Bell, the BCE Master Trust Fund, an independent
trust that holds and manages pension fund investments serving the pension obligations of BCE Group
pension plan participants, will contribute $135&nbsp;million toward the MLSE acquisition. The total
investments by Bell and the BCE Master Trust Fund equal the 37.5% equity interest to be acquired by
Rogers.


<P align="left" style="font-size: 11pt">In a concurrent transaction, Kilmer Sports Inc. (KSI)&nbsp;will increase its current 20.5% ownership
interest in MLSE to 25%. KSI is owned by Larry Tanenbaum, who will continue to serve as Chair of
MLSE and as a Governor of the NHL, the NBA and Major League Soccer.


<P align="left" style="font-size: 11pt">The transactions are expected to close in mid-2012 following required regulatory and league
approvals.


<P align="left" style="font-size: 11pt">&#147;I am excited to welcome our new partners Bell and Rogers,&#148; said Mr.&nbsp;Tanenbaum. &#147;I am proud this is
a Made-in-Canada deal that will bring resources and expertise to help us win on and off the ice,
court and pitch. This is a terrific path forward for our teams and our fans. It will ensure MLSE
continues to make a positive impact in Toronto and across this great country of ours.&#148;


<P align="left" style="font-size: 11pt">The acquisition secures on a long-term basis access to TV, mobile, digital online and radio
broadcast rights for both Bell and Rogers to the premier professional sports teams playing in
Canada&#146;s largest marketplace: MLSE also has major real estate and entertainment assets including
the Air Canada Centre and the Maple Leaf Square condominium and commercial complex, operates three
sports specialty TV channels, and is the exclusive partner of the NBA in Canada.


<P align="left" style="font-size: 11pt"><B>Bell&#146;s broadband strategy: Best content on all screens</B>
<BR>
Bell is executing its strategy to deliver Canada&#146;s best content across every screen with
significant investments in advanced network infrastructure, leading content assets, and innovative
broadband wireless, TV and Internet services. With capital expenditures of approximately $3&nbsp;billion
per year, Bell is delivering to Canadians...


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>World-leading new 4G LTE and HSPA&#043; mobile networks that are driving accelerated smartphone
and tablet penetration, and fast-growing new mobile media services like Bell Mobile TV. With
its unmatched access to a growing range of sports, news and entertainment content, Bell Mobile
TV video streams have more than doubled this year &#150; and the most-watched content is live
sports media.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Next generation fibre networks in Ontario and Qu&#233;bec supporting competitive new broadband
services like Bell Fibe TV and Fibe Internet that offer customers fast and innovative new ways
to access sports, news and entertainment media.</TD>
</TR>

</TABLE>


<P align="left" style="font-size: 11pt">Bell&#146;s MLSE investment also strengthens the sports leadership of Canada&#146;s #1 broadcaster, Bell
Media. Launched following Bell&#146;s acquisition this year of CTV, Bell Media operates the country&#146;s
leading roster of sports TV, radio and online broadcasting properties, including: the TSN and RDS
sports networks, Canada&#146;s most-watched English and French-language specialty channels; CTV,
Canada&#146;s lead Olympic broadcaster; other sports specialty channels such as TSN2, RDS2, RSI, TSN
Montr&#233;al Canadiens, TSN Winnipeg Jets and NHL Network Canada; and sports radio across Canada,
including TSN Radio in Montr&#233;al, Toronto and Winnipeg.


<P align="left" style="font-size: 11pt">Bell Media is also a co-owner, with Rogers Broadcasting Ltd., of Dome Productions, one of North
America&#146;s leading providers of sports and other event production and broadcast facilities.


<P align="left" style="font-size: 11pt"><B>About Maple Leaf Sports and Entertainment</B>
<BR>
MLSE is one of the world&#146;s premier sports and entertainment companies that owns the Toronto Maple
Leafs (NHL), the Toronto Raptors (NBA), the Toronto Marlies (AHL), Toronto FC (MLS), Air Canada
Centre, Maple Leaf Square and three digital channels &#150; Leafs TV, NBA TV Canada and GOLTV Canada.
MLSE has also invested in four of Toronto&#146;s sports facilities &#150; Ricoh Coliseum, home of the
Marlies, BMO Field, home of Toronto FC, Lamport Stadium, and the MasterCard Centre for Hockey
Excellence, the practice facility for the Maple Leafs and Marlies. MLSE operates and manages events
at Ricoh Coliseum and BMO Field.


<P align="left" style="font-size: 11pt"><B>About Bell</B>
<BR>
Headquartered in Montr&#233;al since 1880, Bell is Canada&#146;s largest communications company, providing
consumers and business with solutions to all their communications needs: Bell Mobility wireless,
high-speed Bell Internet, Bell Satellite TV and Bell Fibe TV, Bell Home Phone local and long
distance, and Bell Business Markets IP-broadband and information and communications technology
(ICT)&nbsp;services. Bell Media is Canada&#146;s premier multimedia company with leading assets in
television, radio and digital media, including CTV, Canada&#146;s #1 television network, and the
country&#146;s most-watched specialty channels<B>.</B>


<P align="left" style="font-size: 11pt">Bell is wholly owned by BCE Inc. (TSX, NYSE: BCE). For Bell product and service information, please
visit <U>Bell.ca</U>. For Bell Media, please visit <U>BellMedia.ca</U>. For BCE corporate
information, please visit <U>BCE.ca</U>.


<P align="left" style="font-size: 11pt"><B>Caution Concerning Forward-Looking Statements</B>
<BR>
Certain statements made in this news release, including, but not limited to, statements relating to
the proposed acquisition by Bell and the BCE Master Trust Fund, in a joint ownership arrangement
with Rogers Communications Inc., of a net 75% ownership position in Maple Leaf Sports and
Entertainment (MLSE)&nbsp;from Ontario Teachers Pension Plan, Bell&#146;s expected source of funds, the
expected closing date of the transaction, certain strategic benefits expected to result from the
transaction, and other statements that are not historical facts, are forward-looking.
Forward-looking statements, by their very nature, are subject to inherent risks and uncertainties
and are based on several assumptions which give rise to the possibility that actual results or
events could differ materially from our expectations expressed in or implied by such
forward-looking statements. As a result, we cannot guarantee that any forward-looking statement
will materialize and you are cautioned not to place undue reliance on these forward-looking
statements. The forward-looking statements contained in this news release describe our expectations
as of the date of this news release and, accordingly, are subject to change after such date. Except
as may be required by Canadian securities laws, we do not undertake any obligation to update or
revise any forward-looking statements contained in this news release, whether as a result of new
information, future events or otherwise. Forward-looking statements are provided herein for the
purpose of giving information about the proposed transaction referred to above and its expected
impact. Readers are cautioned that such information may not be appropriate for other purposes. The
timing and completion of the above-mentioned proposed transaction is subject to customary closing
conditions, termination rights and other risks and uncertainties including, without limitation, any
required regulatory and league approvals. Accordingly, there can be no assurance that the proposed
transaction will occur, or that it will occur on the timetable or on the terms and conditions
contemplated in this news release. The proposed transaction could be modified, restructured or
terminated. There can also be no assurance that the strategic benefits expected to result from the
transaction will be fully realized.


<P align="left" style="font-size: 11pt"><B>Media inquiries:</B>
<BR>
Jason Laszlo
<BR>
Bell Media Relations
<BR>
(905)&nbsp;614-6602
<BR>
Jason.Laszlo@bell.ca
<BR>
@Bell&#151;News


<P align="left" style="font-size: 11pt"><B>Investor inquiries:</B>
<BR>
Thane Fotopoulos
<BR>
BCE Investor Relations
<BR>
(514)&nbsp;870-4619
<BR>
Thane.Fotopoulos@bell.ca



<P align="center" style="font-size: 10pt; display: none">




<!-- v.121908 -->
</BODY>

<!-- End ExhibitContentPage -->
<!-- ExhibitContentFooter Page -->
</HTML>
<!-- ExhibitContentFooter Page -->
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
