BCE DIVIDEND REINVESTMENT AND STOCK PURCHASE PLAN
(DRP)
HISTORICAL PURCHASE PRICES (quarterly)
Date
Dividend paid
Quarterly
purchase prices
July 15, 1975*
Oct 15, 1975
Jan 15, 1976
April 15, 1976
July 15, 1976
Oct 15, 1976
Jan 15, 1977
April 15, 1977
July 15, 1977
Oct 15, 1977
Jan 15, 1978**
April 15, 1978
July 15, 1978
Oct 15, 1978
Jan 15, 1979
April 15, 1979
April 26 ,1979
July 15, 1979
Oct 15, 1979
Jan 15, 1980
April 15, 1980
July 15, 1980
Oct 15, 1980
Jan 15, 1981
April 15, 1981
July 15, 1981
Oct 15, 1981
Jan 15, 1982
April 15, 1982
July 15, 1982
Oct 15, 1982
Jan 15, 1983
April 15, 1983
July 15, 1983
Oct 15, 1983
Jan 15, 1984
April 15, 1984
July 15, 1984
Oct 15, 1984
Jan 15, 1985
April 15, 1985
July 15, 1985
Oct 15, 1985
Jan 15, 1986
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
0.8600
0.8600
0.8600
0.8600
0.8600
0.9300
0.9300
1.0200
1.0200
1.0200
1.0200
1.0500
1.0500
1.0500
1.1400
1.1400
3 for 1 stock split
0.3800
0.3800
0.4100
0.4100
0.4100
0.4100
0.4500
0.4500
0.4500
0.4500
0.4900
0.4900
0.4900
0.4900
0.5200
0.5200
0.5200
0.5200
0.5450
0.5450
0.5450
0.5450
0.5700
0.5700
0.5700
0.5700
0.5900
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
45.0426
42.4263
44.8644
46.4484
47.6874
49.8390
47.7543
49.1688
55.5063
53.3016
50.7774
51.8343
54.4110
59.8617
59.7192
63.5904
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
20.2944
19.4513
19.7600
17.2069
19.1425
17.8125
18.7150
17.2544
17.9431
16.4825
17.4681
18.0381
16.7794
19.4869
22.6219
24.3438
24.7831
28.2388
30.5781
27.8825
30.2813
31.6113
33.0006
36.8956
41.3963
38.7600
37.7744
April 15, 1986
July 15, 1986
Oct 15, 1986
Jan 15, 1987
April 15, 1987
July 15, 1987
Oct 15, 1987
Jan 15, 1988***
April 15, 1988
July 15, 1988
Oct 15, 1988
Jan 15, 1989
April 15, 1989
July 15, 1989
Oct 15, 1989
Jan 15, 1990
April 15, 1990
July 15, 1990
Oct 15, 1990
Jan 15, 1991
April 15, 1991
July 15, 1991
Oct 15, 1991
Jan 15, 1992
April 15, 1992
July 15, 1992
Oct 15, 1992
Jan 15, 1993
April 15, 1993
July 15, 1993
Oct 15, 1993
Jan 15, 1994
April 15, 1994
July 15, 1994
Oct 15, 1994
Jan 15, 1995
April 15, 1995
July 15, 1995
Oct 15, 1995
Jan 15, 1996
April 15, 1996
July 15, 1996
Oct 15, 1996
Jan 15, 1997
April 15, 1997
May 15, 1997
July 15, 1997
Oct 15, 1997
Jan 15, 1998
April 15, 1998
July 15, 1998
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
0.5900
0.5900
0.5900
0.6000
0.6000
0.6000
0.6000
0.6100
0.6100
0.6100
0.6100
0.6200
0.6200
0.6200
0.6200
0.6300
0.6300
0.6300
0.6300
0.6400
0.6400
0.6400
0.6400
0.6500
0.6500
0.6500
0.6500
0.6600
0.6600
0.6600
0.6600
0.6700
0.6700
0.6700
0.6700
0.6800
0.6800
0.6800
0.6800
0.6800
0.6800
0.6800
0.6800
0.6800
0.6800
2 for 1 stock split
0.3400
0.3400
0.3400
0.3400
0.3400
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
37.7269
36.2900
34.6038
37.1331
39.1518
39.9356
35.3162
36.7125
39.0875
36.9625
38.5125
37.1500
37.0875
40.9125
42.5625
45.1500
41.0875
38.3000
35.3000
39.1500
41.5500
42.9375
45.1500
49.2500
45.2875
46.1625
43.0625
42.2000
44.0375
45.2375
43.8250
46.2625
49.7500
46.6625
47.9875
43.7625
43.0625
43.7250
44.9625
47.9875
49.5675
55.8450
59.3000
66.7600
62.6700
$
$
$
$
$
42.0300
43.2350
46.7100
57.4050
63.8700
Oct 15, 1998
Jan 15, 1999
April 15, 1999
July 15, 1999
Oct 15, 1999
Jan 15, 2000
April 15, 2000
May 1, 2000
July 15, 2000
Oct 15, 2000
Jan 15, 2001
April 15, 2001
July 15, 2001
Oct 15, 2001
Jan 15, 2002
April 15, 2002
July 15, 2002
Oct 15, 2002
Jan 15, 2003
April 15, 2003
July 15, 2003
Oct 15, 2003
Jan 15, 2004
April 15, 2004
July 15, 2004
Oct 15, 2004
Jan 15, 2005
April 15, 2005
July 15, 2005
Oct 15, 2005
Jan 15, 2006
April 15, 2006
July 15, 2006
July 10, 2006
Oct 15, 2006
Jan 15, 2007
April 15, 2007
July 15, 2007
Oct 15, 2007
Jan 15, 2008
April 15, 2008
July 15, 2008
Oct 15, 2008
Jan 15, 2009
April 15, 2009
July 15, 2009
Oct 15, 2009
Jan 15, 2010
April 15, 2010
July 15, 2010
Oct 15, 2010
$
$
$
$
$
$
$
0.3400
0.3400
0.3400
0.3400
0.3400
0.3400
0.3400
Nortel distribution
$
0.3000
$
0.3000
$
0.3000
$
0.3000
$
0.3000
$
0.3000
$
0.3000
$
0.3000
$
0.3000
$
0.3000
$
0.3000
$
0.3000
$
0.3000
$
0.3000
$
0.3000
$
0.3000
$
0.3000
$
0.3000
$
0.3000
$
0.3300
$
0.3300
$
0.3300
$
0.3300
$
0.3300
$
0.3300
Bell Aliant distribution
$
0.3300
$
0.3300
$
0.3650
$
0.3650
$
0.3650
$
0.3650
$
0.3650
$
$
$
0.3650
$
0.3850
$
0.3850
$
0.4050
$
0.4050
$
0.4350
$
0.4350
$
0.4575
$
$
$
$
$
$
$
44.3550
60.4950
73.5450
74.7000
79.3421
124.3373
152.1014
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
36.9428
35.4584
40.9996
36.9850
40.8624
36.8679
35.6226
24.5166
27.0542
25.7184
29.7446
28.1240
31.0990
28.9269
28.8963
27.7829
26.5926
27.9748
29.8450
30.1809
29.3876
30.5334
28.6234
28.2591
26.3227
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
32.4693
30.0263
35.7111
41.2111
40.6136
38.5128
37.0093
24.5717
25.8629
24.1233
25.5020
28.1120
29.7151
31.7219
34.0430
Jan 15, 2011
April 15, 2011
July 15, 2011
Oct 15, 2011
Jan 15, 2012
April 15, 2012
July 15, 2012
Oct 15, 2012
Jan 15, 2013
April 15, 2013
July 15, 2013
Oct 15, 2013
Jan 15, 2014
April 15, 2014
July 15, 2014
Oct 15, 2014
Jan 15, 2015,
April 15, 2015,
July 15, 2015,
Oct 15, 2015,
Jan 15, 2016
April 15, 2016
July 15, 2016
Oct 15, 2016
Jan 15, 2017
April 15, 2017
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
0.4575
0.4925
0.5175
0.5175
0.5175
0.5425
0.5425
0.5675
0.5675
0.5825
0.5825
0.5825
0.5825
0.6175
0.6175
0.6175
0.6175
0.6500
0.6500
0.6500
0.6500
0.6825
0.6825
0.6825
0.6825
0.7175
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
35.5170
35.4887
38.1758
39.3070
42.2175
39.8448
42.5603
43.1336
41.9507
46.9547
43.6191
44.8210
46.4044
48.2443
48.6771
47.9114
55.0210
55.1921
53.7328
55.8947
54.9114
59.6896
62.6341
60.3279
58.0426
60.7576
*Implementation of the plan
**Jan 1978 - DRP modified to offer a 5% discount on the purchase of treasury shares
through reinvested common dividends. Note: No discount on shares purchased with
optional cash payments.
***Jan 1988 - Cancellation of the 5% discount on purchases of shares from Treasury
with dividends