Dividend History

IMPORTANT NOTE: Rates per share indicated below are the quarterly dividend payments made to shareholders as of the date of record, and are not adjusted retroactively for the three-for-one (3:1) stock split that took place in April 1979, the two-for-one (2:1) stock split that took place in May 1997, and the Nortel and Bell Aliant distributions that took place in May 2000 and July 2006 respectively.

Common shares of BCE Inc. (previously Bell Canada Enterprises Inc.) began trading on the Toronto Stock Exchange on April 28, 1983. Prior to such date, shares were traded as common shares of Bell Canada (now an indirect wholly-owned subsidiary of BCE Inc.). The BCE Inc. dividend rates indicated below constitute historical data and are presented only for information purposes. Such information should not be viewed or interpreted as an indication on future BCE Inc. dividend rates on its common shares. BCE Inc. hereby disclaims any liability for trades made in BCE Inc. common shares on the basis of such information.

For any other question, contact Investor Relations at 1 800 339-6353 or investor.relations@bce.ca

*Adjusted to reflect the 2:1 stock split in May 1997.
**Adjusted to reflect the distribution of Nortel Networks Corporation shares on which dividends were paid directly to BCE Inc. shareholders by Nortel Networks.