MONTREAL,June 12 2006 --- On June 7, 2006, BCE Inc. (TSX, NYSE:
BCE) received approval from its common shareholders for the implementation of
a plan of arrangement (BCE Arrangement) providing for the distribution by BCE
of units in Bell Aliant Regional Communications Income Fund (Fund) and for the
consolidation of its outstanding common shares. The BCE Arrangement is subject
to final approval by the Superior Court of Québec and to the issuance of a
certificate of arrangement.
    At BCE's request, the Superior Court of Québec determined that it would
hear the Company's application for final approval of the BCE Arrangement on
Thursday, June 22, 2006. The hearing will take place at 1 Notre-Dame Est,
Montréal, Québec H2Y-1B6, in room 12.16, at 8:45 a.m.
    The distribution of units in the Fund to BCE common shareholders and the
concurrent share consolidation pursuant to the BCE Arrangement is expected to
take place shortly after the closing of the transactions leading to the
creation of the Fund. BCE will announce the anticipated effective date of the
BCE Arrangement by press release at a future time.
    BCE expects to finalize the BCE Arrangement once all of the closing
conditions with respect to the creation of the Fund are fulfilled and the
final approval of the Superior Court of Quebec is obtained.

    About BCE Inc.

    BCE is Canada's largest communications company. Through its 28 million
customer connections, BCE provides the most comprehensive and innovative suite
of communication services to residential and business customers in Canada.
Under the Bell brand, the Company's services include local, long distance and
wireless phone services, high-speed and wireless Internet access, IP-broadband
services, information and communications technology services (or value-added
services) and direct-to-home satellite and VDSL television services. Other BCE
businesses include Canada's premier media company, Bell Globemedia, and
Telesat Canada, a pioneer and world leader in satellite operations and systems
management. BCE shares are listed in Canada, the United States and Europe.

    BCE Caution Concerning Forward Looking Statements

    Certain statements made in this press release, including, but not limited
to, the expectation of the creation of the Fund, the proposed distribution of
units in the Fund to BCE common shareholders, the proposed common share
consolidation, and other statements that are not historical facts, are
forward-looking statements and are subject to important risks, uncertainties
and assumptions. In particular, in making these statements, BCE has assumed,
among other things, that the proposed creation of the Fund and related
transactions and subsequent distribution by BCE of units in the Fund and the
common share consolidation will receive the required regulatory and other
approvals and that the other conditions to the transactions will be satisfied
or waived in accordance with their terms. The results or events predicted in
these forward-looking statements may differ materially from actual results or
events. As a result, readers are cautioned not to place undue reliance on
these forward-looking statements.

    For additional information with respect to certain of these and other
assumptions and risk factors, please refer to (i) BCE Inc.'s MD&A for the year
ended December 31, 2005 dated March 1, 2006 filed by BCE Inc. with the
Canadian securities commissions (available on BCE's website at www.bce.ca and
on SEDAR at www.sedar.com), and with the U.S. Securities and
Exchange
Commission under Form 40-F (available on EDGAR at www.sec.gov), as
updated in
BCE Inc.'s 2006 First Quarter MD&A dated May 2, 2006, and (ii) the management
proxy circular of BCE dated April 12, 2006 which has also been filed with
these regulatory authorities. The forward-looking statements contained in this
press release represent BCE's expectations as of June 12, 2006 and,
accordingly, are subject to change after such date. However, BCE disclaims any
intention and assumes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise.



For further information: For media inquiries, please contact: Pierre
Leclerc, Bell Canada, Media Relations, (514) 391-2007, 1 877 391-2007,
pierre.leclerc@bell.ca