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BCE Statement

Friday December 5, 2008, 8:52 am EST

MONTREAL, Quebec, Dec. 5 /CNW Telbec/ - BCE Inc. (TSX, NYSE: BCE - News News) is today issuing a statement in response to certain rumours reported in the media regarding a possible minority investment in the company by some or all of the investor group led by Teachers' Private Capital, the private investment arm of the Ontario Teachers' Pension Plan, and affiliates of Providence Equity Partners Inc., Madison Dearborn Partners, LLC, and Merrill Lynch Global Private Equity.

While it is BCE's policy not to comment on rumours or speculation, in the interest of its shareholders, BCE is today confirming that no such offer has been made to the company.

The company continues to work with KPMG and the Purchaser to seek to satisfy all closing conditions under the June 29, 2007 Definitive Agreement, as amended.

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