Creation of a blind trust: Michael Sabia will not keep his BCE stock options

Michael Sabia, president and CEO of the Caisse de dépôt et placement du Québec, today announced that, following the publication of the circular to BCE shareholders and questions raised in the National Assembly, he and the Caisse’s legal advisors were finalizing the details for the creation of a blind trust to manage his assets, as planned. As part of this process, he has also agreed that, like his predecessor, Henri-Paul Rousseau, he would not retain his stock options.

About the Caisse de dépôt et placement du Québec
The Caisse de dépôt et placement du Québec is a financial institution that manages funds primarily for public and private pension and insurance plans. As at December 31, 2008, it held $120.1 billion of net assets. As one of the leading institutional fund managers in Canada, the Caisse invests in the main financial markets as well as in private equity and real estate. For more information: www.cdpq.com.