1 25 th Anniversary  Corporate Responsibility For 125 years, we have demonstrated our dedication to  responsible corporate citizenship. Of course, corporate citizen- ship starts with running a successful business. Producing the  goods and services that customers need. Creating meaningful  jobs for Canadians. Generating a return for our shareholders  so we can keep investing. But our commitment to corporate  responsibility goes beyond the economic impact of our  operations. We are proud of our strong and internationally  recognized governance principles and structure that guide  our approach to business. We take seriously our duty to help  safeguard the environment and have substantially reduced  our environmental impact.  The people of Bell have added to our heritage of service  through their own actions. We see it every day, most recently  in their response to the tragedy of the Asian tsunami. Within  a month, Bell employees had helped raise a million dollars  for the relief effort. We have recently embarked on a new approach to social  investment, called “Connected to Communities.” Our goal  is to write a new chapter in our corporate citizenship by  searching for opportunities where the public need meets the  expertise of Bell. We intend to build upon our existing  corporate giving initiatives to focus on projects that encourage  economic development and the strengthening of social foun- dations at the community level. The program will concentrate  on initiatives that benefit children and youth, the generation  who will lead us in the  21st century. BCE’s full report on  corporate responsibility is available May 2, 2005 at www.bce.ca. We are the company that pioneered telecommunications in  Canada. There aren’t many businesses that can say they helped  connect a nation, but Bell Canada is one of them. There also  aren’t many businesses that last 25 years, let alone 125 years,  but Bell is one of those as well. Across farms and fields, lakes, rivers and mountaintops,  from city to village to town, stretching from the Atlantic  Ocean to the Pacific, we provide Canadians with their pre- ferred method of calling home on holidays, checking out the  latest news online, watching the game on TV or just talking  to a friend. At the same time, Canadian business and industry  rely on our network and our expertise. They count on Bell  to be there—no matter what. It is a proud legacy and for  125 years it has been uniquely the Bell Canada story. Our role in Canada’s history provides a strong foundation  as we face the challenges ahead. Those challenges are real,  but so too are the rewards. As the dramatic communications  revolution accelerates, society will reap countless benefits  from a faster, better-connected world. We confidently look  forward to that future. 29 ®