Teachers' encouraged by commencement of BCE process

    TORONTO, April 17 /CNW/ - The Ontario Teachers' Pension Plan is
encouraged that BCE's Board has decided to undertake a process to review
strategic alternatives to enhance shareholder value.
    "We are pleased that this process is not exclusive and we will continue
to review our options, including leading an alternative Canadian consortium,"
said Jim Leech, Senior Vice-President, Teachers' Private Capital. Teachers' is
BCE's largest shareholder.

    The Ontario Teachers' Pension Plan is an independent corporation
responsible for investing the $106 billion fund and administering the pensions
of Ontario's 167,000 elementary and secondary school teachers and 104,000
retired teachers.

For further information:

For further information: Debra Hanna, Ontario Teachers' Pension Plan,
(416) 730-5351, debra_hanna@otpp.com

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