B Split II Corp. Announces Redemption Prices for Capital Shares and Preferred
Shares

TORONTO, May 28 /CNW/ - B Split II Corp. announced today that the redemption prices for all outstanding Capital Shares and Preferred Shares to be paid on June 1, 2010 are as follows:

Redemption Price per Preferred Share: $9.75

Redemption Price per Capital Share: $11.0074

Holders of 96,280 Capital Shares requested delivery of and will receive their pro rata share of BCE Inc. common shares in payment for their Capital Shares.

B Split II Corp. is a mutual fund corporation created to hold a portfolio of common shares of BCE Inc. Capital Shares and Preferred Shares of B Split II Corp. are listed for trading on The Toronto Stock Exchange under the symbols BXN and BXN.PR.B respectively. The Capital Shares and Preferred Shares will be de-listed from The Toronto Stock Exchange as at the close of trading on June 1, 2010.

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For further information: Investor Relations, B Split II Corp., [phone], E-mail: [email protected], Web site: www.scotiamanagedcompanies.com