Bell Canada signs another strategic multi-year contract with RBC Financial Group for an Internet Protocol communications solution

• 1,300 domestic RBC retail branches to convert to Bell's IP MPLS network
• Solution based on Cisco powered technology

MONTREAL, QC, June 27 2006 - Bell Canada, today announced another large scale IP (Internet Protocol) based implementation with RBC Financial Group. In January 2006, Bell Canada announced that it will work with its partners Cisco Systems Canada and IBM Canada to implement a fully managed solution for RBC, converting approximately 8,400 of the Bank's phone lines to Voice over Internet Protocol (VoIP) at its head office location. Today, Bell Canada announced that it will convert RBC's approximately 1,300 branch offices from a legacy frame relay network to a consolidated IP Multi Protocol Label Switching (MPLS) network.

"We worked closely with RBC to design a scalable MPLS solution that will allow them to quickly increase bandwidth and easily add new applications to meet the needs of their growing business," said Renato Discenza, Senior Vice President, Enterprise Accounts, Bell Canada. "An IP MPLS network for RBC's branch offices will deliver a consistent, superior level of service while ensuring the most efficient use of the organization's resources. The agreement, once again demonstrates that Bell's strategy to become the Information Communications and Technology (ICT) leader in Canada is working."

The IP MPLS solution will provide RBC with the following benefits:

• A robust and flexible converged IP communications platform that will reduce operational costs
• Take advantage of the existing infrastructure and network through the layering applications into this environment
• Allow the future capability of converging voice and data traffic to one single network
• Improved network reliability, scalability and greater efficiencies"

"At RBC we are continuously identifying innovative solutions that enhance our client service and help grow our business," said Dick Swadley, Executive Vice President of IT infrastructure for RBC. Bell is providing us with a single, consolidated next-generation solution for all of our branches and moves us to a much more functional, flexible and strategic platform while continuing to deliver high quality service and support to our customers."