Rogers Wireless and Rogers Cable to Combine

[Barry]

Rogers Communications have plans to combine Rogers Cable and Rogers Wireless. All security provided by bonds issued under the Cable deed of trust and the Wireless deed
of trust will be released on or about Thursday, June 28, 2007. Upon release of
the security under the deeds of trust, none of Cable's and Wireless' bank
debt, public debt or swaps will remain secured by such bonds.

The Wireless division issued a notice to redeem on June 21, 2007, all of the US$155 million principal amount of 9.75% senior secured debentures due 2016 at the redemption price plus accrued interest to the date of redemption. The redemption price will include a make whole premium based on the present values of the remaining scheduled payments.

These are the first steps in a reorganization move intended to combine Cable and Wireless Rogers division by July 1, 2007. The amalgamated entity will continue as RCI. Cable and Wireless will no longer be separate corporate entities and will cease to be reporting issuers.

The move is expected to save money on administration and other costs related to running the separate entities. RCI intends to cancel the currently outstanding $1 billion Cable bank credit facility, the $700 million Wireless bank credit facility and the $600 million bank credit facility of RCI's wholly owned subsidiary, Rogers Media Inc., and replace them with a new unsecured bank credit facility of similar aggregate size at RCI that is currently being arranged.

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