Bell Canada Renews $3 Billion Shelf Prospectus

Bell Canada today announced the
filing, with the various securities authorities in all the provinces of
Canada, of a short form base shelf prospectus dated June 13, 2007.
This filing was made to renew Bell Canada’s current short form base shelf
prospectus and will enable Bell Canada to offer up to $3 billion of debt
securities from time to time over a 25-month period. Any issue of debt
securities under the shelf prospectus will require the filing of a prospectus
supplement.
Consistent with past practice, the shelf prospectus was renewed so as to
continue to provide Bell Canada with financial flexibility and efficient
access to Canadian capital markets.