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March 27, 2015 8:29 AM ET

Diversified Telecommunication Services

Company Overview of Bell Aliant Regional Communications, Limited Partnership

Company Overview

Bell Aliant Regional Communications, Limited Partnership provides information, communication, and technology services in Canada. The company’s products include voice, data, Internet, and video solutions; and value-added business solutions, such as data security and cloud computing, as well as FibreOP TV and Internet, Bell Satellite TV, and Home Phone. It serves customers in New Brunswick, Newfoundland, Labrador, Nova Scotia, and Prince Edward Island of Canada. The company is headquartered in Halifax, Canada.

7 South Maritime Centre

1505 Barrington Street

Halifax, NS B3J 2W3

Canada

Key Executives for Bell Aliant Regional Communications, Limited Partnership

Chief Executive Officer of Bell Aliant Regional Communications Inc, President of Bell Aliant Regional Communications Inc and Director of Bell Aliant Regional Communications Inc
Age: 56
Chief Legal Officer of Bell Aliant Regional Communications Inc, Executive Vice President of Corporate Services for Bell Aliant Regional Communications Inc and Secretary of Bell Aliant Regional Communications Inc
Age: 60
Senior Vice President of Customer Solutions - Bell Aliant Regional Communications Inc
Senior Vice President of Central for Bell Aliant Regional Communications Inc
Age: 54
Vice President of Corporate Development and Strategy - Bell Aliant Regional Communications Inc
Compensation as of Fiscal Year 2014.

Bell Aliant Regional Communications, Limited Partnership Key Developments

Bell Canada and Bell Aliant Complete Exchange of Bell Aliant Notes for Bell Canada Debentures

Bell Canada and Bell Aliant Regional Communications, Limited Partnership announced the completion of a previously announced transaction to exchange all Bell Aliant Medium Term and Floating Rate Medium Term Notes for Bell Canada Debentures having the same financial terms. Those terms include coupon, maturity and redemption price. Specifically, the following Bell Canada Debentures, which are fully and unconditionally guaranteed by BCE Inc., were issued in exchange for the previously held Bell Aliant Notes: Bell Canada 5.41% Debentures, Series M-32, due September 26, 2016 issued in exchange for Bell Aliant 5.41% Medium Term Notes, Series 2, due September 26, 2016; Bell Canada 5.52% Debentures, Series M-33, due February 26, 2019 issued in exchange for Bell Aliant 5.52% Medium Term Notes, Series 4, due February 26, 2019; Bell Canada 6.17% Debentures, Series M-34, due February 26, 2037 issued in exchange for Bell Aliant 6.17% Medium Term Notes, Series 5, due February 26, 2037; Bell Canada 4.37% Debentures, Series M-35, due September 13, 2017 issued in exchange for Bell Aliant 4.37% Medium Term Notes, Series 7, due September 13, 2017; Bell Canada 4.88% Debentures, Series M-36, due April 26, 2018 issued in exchange for Bell Aliant 4.88% Medium Term Notes, Series 8, due April 26, 2018; Bell Canada 3.54% Debentures, Series M-37, due June 12, 2020 issued in exchange for Bell Aliant 3.54% Medium Term Notes, Series 9, due June 12, 2020; and Bell Canada Floating Rate Debentures, Series M-38, due April 22, 2016 issued in exchange for Bell Aliant Floating Rate Medium Term Notes, Series 10, due April 22, 2016. The note exchange transaction is part of Bell's strategy to simplify its capital structure and enhance administrative efficiencies by concentrating public debt into a single issuer. As a result of the note exchange transaction, Bell Aliant and its guarantors have been discharged of their obligations under the Bell Aliant Notes and the related trust indenture.

Bell Aliant Regional Communications, Limited Partnership Announces Redemption Price for 6.29% Medium Term Notes Due February 2015

Bell Aliant Regional Communications, Limited Partnership announced that it would redeem the 6.29% medium term notes due February 17, 2015 on October 30, 2014. Now, Bell Aliant LP has determined the redemption price according to the method and process outlined in the trust indenture for the 2015 Notes. The redemption price is equal to the greater of the Canada Yield Price and the principal amount of the 2015 Notes, together with accrued and unpaid interest to but excluding the Redemption Date. The Canada Yield Price is a price equal to the price of the 2015 Notes calculated to provide a yield to maturity equal to the Government of Canada Yield plus 1% determined today, the third business day prior to the Redemption Date. The Government of Canada Yield is the yield to maturity, compounded semi-annually, which a non-callable Government of Canada Bond would carry if issued, in Canadian dollars in Canada, at 100% of its principal amount with a term to maturity equal to the remaining term to maturity of the 2015 Notes. The Government of Canada Yield used to calculate the redemption price of the 2015 Notes is the average of the rates calculated by two registered Canadian investment dealers selected by Bell Aliant LP.

Bell Aliant to Redeem $350 Million of 6.29% Medium Term Notes

Bell Aliant Inc. announced that Bell Aliant Regional Communications, Limited Partnership has given a notice to the registered holders of the 6.29% medium term notes due February 17, 2015 that it will redeem on October 30, 2014, the full $350 million principal amount outstanding, of the 2015 Notes. The 2015 Notes called for redemption will be redeemed on the Redemption Date at a redemption price equal to the greater of the Canada Yield Price and their principal amount, together with accrued and unpaid interest to, but excluding, the Redemption Date. Pursuant to the terms of the trust indenture governing the 2015 Notes, the Canada Yield Price is a price equal to the price of the 2015 Notes calculated to provide a yield to maturity equal to the Government of Canada Yield plus 1.00% on the third business day prior to the Redemption Date.

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