MONTREAL, Nov. 8 -- BCE Inc. (TSE, NYSE: BCE) today received
acceptance from the Toronto Stock Exchange of its notice of intention to make
a Normal Course Issuer Bid. The filing of this notice allows BCE to purchase
for cancellation up to 40,000,000 of its common shares, representing
approximately five per cent of BCE's 818,606,185 common shares outstanding as
of the close of the market on November 7, 2000. The total number of BCE common
shares outstanding includes approximately 174 million BCE common shares
recently issued in relation to the acquisition of Teleglobe.
    The purchase of BCE common shares under the issuer bid is intended to
reduce the dilution impact of shares issued under various company programs
including acquisitions, the Dividend Reinvestment Plan (DRIP) and employee
share plans. The company had also previously indicated that it would consider
an initial buyback program of up to $1B, which would be reduced by the cash
paid out under the plan of arrangement for the acquisition of Teleglobe. The
cash payment to Teleglobe shareholders totaled approximately $178 million.
    Purchase of the shares will be carried out through the Toronto Stock
Exchange or the New York Stock Exchange and will be made in accordance with
the by-laws and rules of such exchanges. Purchase of common shares could be
made from time to time, at market prices, during the period starting
November 10, 2000, and ending no later than November 9, 2001.
    BCE is Canada's largest communications company. Through its operations in
communications services, BCE provides residence and business customers in
Canada with wireline and wireless communications products and applications,
Internet access and high-speed data services, direct-to-home television
services and electronic commerce solutions. BCE has an extensive international
presence through Teleglobe, a leading provider of global broadband and
Internet services. BCE shares are listed in Canada, the United States and
Europe.

    NOTE:
    Certain statements made in this press release, which describe BCE's
intentions, expectations or predictions with respect to the purchase of its
common shares, are forward-looking and are subject to important risks and
uncertainties. The results or events predicted in these statements may differ
materially from actual results or events. Factors which could cause results or
events to differ from current expectations include, among other things: the
availability of BCE common shares to be purchased; the market price of BCE
common shares and the availability and cost of capital. For additional
information with respect to certain of these and other factors, see the
reports on Forms 6-K and 40-F filed by BCE with the United States Securities
and Exchange Commission. BCE disclaims any intention or obligation to update
or revise any forward-looking statements, whether as a result of new
information, future events or otherwise.



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For further information: Jean-Charles Robillard, Communications,
(514) 786-3908, Web site: www.bce.ca; George Walker, Investor
Relations,
(514) 870-2488