Bell Canada to redeem Series EA debentures due 2014

             Bell Canada to redeem Series EA debentures due 2014

PR Newswire

MONTREAL, Jan. 11, 2013

MONTREAL, Jan. 11, 2013 /PRNewswire/ - Bell Canada today announced that it
will redeem on February 11, 2013, prior to maturity, all of its outstanding
$149,641,000 principal amount of 10% Debentures, Series EA, due June 15, 2014
("Series EA Debentures").

The Series EA Debentures will be redeemed at a price equal to $1,113.389 per
$1,000 of principal amount of debentures plus $15.890 for accrued and unpaid
interest up to, but excluding, the date of redemption.

Registered holders of Series EA Debentures will receive a notice providing the
details of this redemption, including where to present their debentures for
payment.

About Bell
Bell is Canada's largest communications company, providing consumers and
business with solutions to all their communications needs. Bell Media is
Canada's premier multimedia company with leading assets in television, radio
and digital media. Bell is wholly owned by Montréal's BCE Inc. (TSX, NYSE:
BCE). For more information, please visit Bell.ca.

The Bell Mental Health Initiative is a multi-year charitable program that
promotes mental health across Canada with the Bell Let's Talk anti-stigma
campaign and support for community care, research and workplace best
practices. To learn more, please visit Bell.ca/LetsTalk.

SOURCE Bell Canada

Contact:

Media inquiries:
Jean Charles Robillard
Bell Communications
(514) 870-4739
jean_charles.robillard@bell.ca

Investor inquiries:
Thane Fotopoulos
BCE Investor Relations
(514) 870-4619
thane.fotopoulos@bell.ca