Bell Canada Debenture Holders Receive Decision from the Supreme Court of Canada Approving BCE Plan of Arrangement



    Statement

    TORONTO, June 20 /CNW/ - The Committees comprising certain institutional
holders of the 1976, 1996 and 1997 Bell Canada debentures today received the
decision of the Supreme Court of Canada approving a plan of arrangement under
which BCE is to be acquired by a consortium led by the Ontario Teachers'
Pension Plan.
    The Committees contested the plan on behalf of those who have entrusted
money to its members to manage. While the Committees' members are disappointed
that the court disagreed with them on the merits, they believe they had a duty
to protect the interests of their clients in contesting the plan of
arrangement. They are proud to have defended the interests of their clients in
contesting the plan of arrangement.





For further information:

For further information: Susan Reisler, (416) 342-1843,
susan@mediaprofile.com

Organization Profile

BELL CANADA DEBENTUREHOLDERS

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