BCE announces date of Final Order hearing for approval of its plan of arrangement

    Montréal, Québec, Sept. 11 /CNW Telbec/ - BCE today announced that its
motion seeking a Final Order approving the proposed plan of arrangement under
which BCE will be acquired by a consortium led by Teachers' Private Capital,
the private investment arm of the Ontario Teachers' Pension Plan, Providence
Equity Partners and Madison Dearborn Partners will be heard on Wednesday,
October 10, 2007, at 9:30 a.m. The motion will be heard before the Superior
Court of Québec, sitting in the Commercial Division in and for the district of
Montréal, at the Montréal Courthouse, located at 1 Notre-Dame Street East in
Montréal, Québec, in room 16.12.
    Any person wishing to appear and be heard at the hearing must comply with
the terms of the Interim Order available in the "BCE Special Shareholder
Meeting" section of BCE's website at www.bce.ca. The Interim Order is also
attached as Appendix "I" to BCE's management proxy circular dated August 7,
2007, also available at www.bce.ca, as well as on SEDAR at www.sedar.com and
on EDGAR at www.sec.gov.
    BCE's special shareholder meeting will be held on September 21, 2007 at
9:30 a.m. at Centre Mont-Royal, 2200 Mansfield Street, Montréal, Québec, in
the auditorium Le Grand Salon. The transaction is expected to close in the
first quarter of 2008 and is subject to customary conditions, including
shareholder and regulatory approvals.

    About BCE

    BCE is Canada's largest communications company, providing the most
comprehensive and innovative suite of communication services to residential
and business customers in Canada. Under the Bell brand, the Company's services
include local, long distance and wireless phone services, high-speed and
wireless Internet access, IP-broadband services, information and
communications technology services (or value-added services) and
direct-to-home satellite and VDSL television services. Other BCE holdings
include Telesat Canada, a pioneer and world leader in satellite operations and
systems management, and an interest in CTVglobemedia, Canada's premier media
company. BCE shares are listed in Canada and the United States.

    Caution Concerning Forward-Looking Statements

    This news release contains forward-looking statements relating to the
proposed acquisition of BCE and other statements that are not historical
facts. Such forward-looking statements are subject to important risks,
uncertainties and assumptions. The results or events predicted in these
forward-looking statements may differ materially from actual results or
events. As a result, you are cautioned not to place undue reliance on these
forward-looking statements.
    The completion of the proposed transaction is subject to a number of
terms and conditions, including, without limitation: (i) approval of the CRTC,
Competition Bureau, Industry Canada and other applicable governmental
authorities, (ii) required BCE shareholder approval, (iii) necessary court
approval, and (iv) certain termination rights available to the parties under
the definitive agreement governing the terms of the transaction. These
approvals may not be obtained, the other conditions to the transaction may not
be satisfied in accordance with their terms, and/or the parties to the
definitive agreement may exercise their termination rights, in which case the
proposed transaction could be modified, restructured or terminated, as
applicable. Failure to complete the proposed transaction could have a material
adverse impact on the market price of BCE's shares. In addition, depending on
the circumstances in which the proposed transaction is not completed, BCE
could have to pay significant fees and costs as directed by the purchaser.
    The forward-looking statements contained in this news release are made as
of the date of this release. We disclaim any intention and assume no
obligation to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise. Additionally, we
undertake no obligation to comment on expectations of, or statements made by,
third parties in respect of the proposed transaction. For additional
information with respect to certain of these and other assumptions and risks,
please refer to the definitive agreement dated June 29, 2007, as well as BCE's
2007 Second Quarter MD&A dated July 31, 2007 and BCE's management proxy
circular dated August 7, 2007, all filed by BCE with the Canadian securities
commissions (available at www.sedar.com) and with the U.S. Securities and
Exchange Commission (available at www.sec.gov).

For further information:

For further information: Pierre Leclerc, Bell Canada, Media Relations,
(514) 391-2007, 1-877-391-2007, pierre.leclerc@bell.ca; Thane Fotopoulos, BCE,
Investor Relations, (514) 870-4619, thane.fotopoulos@bell.ca

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