TORONTO,Feb. 25 2000 --(TSE: TV) - CTV Inc. announced today that it has
been advised of the intention by BCE Inc. to make a take-over bid for all of
the outstanding CTV Common Shares in consideration for $38 per share in cash.
CTV's Board of Directors has been notified and will be meeting shortly.
    CTV Inc. is a leading Canadian communications company with conventional
television operations across Canada and an expanding presence in the specialty
television sector.
    Through its network operations, CTV reaches 99% of English-speaking
households, offering a wide range of quality news, sports, information and
entertainment programming. The company owns and operates 25 stations, of which
18 are CTV affiliates, six are CBC affiliates, and one is an independent
station, VTV. CTV also owns ASN, a satellite television service in the
Maritimes.
    Specialty channel holdings include: CTV Newsnet (100%); Talk TV (100%);
The Comedy Network (65.1%); CTV Pay-Per-View Sports (60%); CTV Sportsnet
(40%); Outdoor Life Network (33.34%); and History Television (12%).
    On March 5, 1999, CTV acquired a 68.46% interest in NetStar
Communications Inc. The acquisition of NetStar is currently held in trust
pending regulatory approval. NetStar owns The Sports Network Inc. (TSN); Le
Réseau des Sports (RDS) Inc.; Dome Productions Inc. (one of the largest mobile
production facilities in Canada) and, through its 80% owned subsidiary,
operates the Discovery Channel. NetStar also has a 24.95% interest in Viewer's
Choice Canada Inc.
    CTV Inc.'s shares trade on The Toronto Stock Exchange under the symbol
TV.
    %SEDAR: 00003099E



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For further information: Thomas Curzon, Vice-President, Corporate
Communications, (416) 332-5281