MONTREAL, Quebec,Nov. 30 2000 --Bell Canada today announced the
offering of $200 million of MTN Debentures pursuant to its medium term
debenture program. The offering of additional 6.25% Debentures, Series M-8,
maturing December 1, 2003, will be issued at a price of $100.209 plus $0.86
per $1000 of accrued interest, for a yield to the investor of 6.172%
compounded semi-annually. A pricing supplement relating to this issue will be
filed by Bell Canada with the various securities commissions in all provinces
of Canada.
    Scotia Capital Inc., CIBC World Markets Inc., BMO Nesbitt Burns Inc.,
RBC Dominion Securities Inc., TD Securities Inc., Merrill Lynch Canada Inc.,
National Bank Financial Inc. and HSBC Securities (Canada) Inc. will be acting
as agents with respect to this offering of additional Series M-8 Debentures.
    Bell Canada provides a full range of communications services to
customers, including wired and wireless local and long distance telephone
services, Internet access, high-speed data services and directories.
Bell Canada, its telecom partners and subsidiaries provide services through
13.6 million access lines, including 11 million in Ontario and Québec.
Bell Canada also serves more than 2.3 million wireless customers through
Bell Mobility. Bell Canada is 80% owned by BCE Inc. of Montréal and 20% owned
by SBC Corporation of San Antonio, Texas. Bell Canada's Internet Web site is
located at http://www.bell.ca. News releases, speeches and
background
information are in the Newsroom. Our e-mail address is forum@bell.ca.



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For further information: Jean-Charles Robillard, Corporate
Communications, (514) 786-3908