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News

BCE announces the purchase through private agreements of 10.3 million common shares under its normal course issuer bid

BCE Inc. (TSX, NYSE: BCE) will purchase for cancellation 10.3 million of its commonshares pursuant to private agreements with arm’s-length third-party sellers.The common shares so purchased will be counted towards the 40 million commonshares that BCE is entitled to repurchase for cancellation under its normalcourse issuer bid approved on December 19, 2008.

Such purchases will be made pursuant to issuer bid exemption ordersissued by the Autorité des marchés financiers du Québec and the OntarioSecurities Commission, as applicable, and will take place by way of severaltransactions to be effected pursuant to the terms of the applicable orders,which provide that such purchases shall occur prior to May 31, 2009.

The pricethat BCE will pay for the common shares purchased by it under such agreementswill not exceed the prevailing market price of BCE’s common shares on theToronto Stock Exchange at the time of each purchase.

 [March 31, 2009]


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