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PNM Resources to Host First Quarter 2007 Earnings Conference Call

Released : 04/30/2007

ALBUQUERQUE, N.M.--(BUSINESS WIRE)--

PNM Resources will announce first quarter earnings results and other company information during a conference call and Web cast at 9 a.m. ESTTuesday, May 8. Earnings will be announced after market closes on May 7.

Speaking on the call will be Jeff Sterba, PNM Resources chairman, president and CEO, and Chuck Eldred, senior vice president and CFO.

    Participants within the United States call: (866) 831-6267

    Participants outside the United States call: (617) 213-8857

    Pass code: 53333893

The call will be broadcast live and the presentation available at www.PNMResources.com.

A transcript of the call also will be on PNM Resources' Web site as soon as possible. A replay of the conference call will be available through May 15, 2007:

    Participants within the United States call: (888) 286-8010

    Participants outside the United States call: (617) 801-6888

    Pass code: 71764615

    Background:

PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, NM, with 2006 consolidated operating revenues of $2.5 billion. Through its utility and energy subsidiaries, PNM Resources serves electricity to more than 835,000 homes and businesses in New Mexico and Texas and natural gas to more than 492,000 customers in New Mexico. Its utility subsidiaries are PNM and Texas-New Mexico Power. Other subsidiaries include First Choice Power, a deregulated competitive retail electric provider in Texas, and Avistar, an unregulated energy technology company. With generation resources of more than 2,770 megawatts, PNM Resources and its subsidiaries sell power on the wholesale market throughout the Southwest, Texas and the West. The company also owns a 50-percent share of an energy joint venture with Cascade Investment, L.L.C. For more information, visit www.PNMResources.com.

Source: PNM Resources