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PNM Resources to Host Second Quarter 2007 Earnings Conference Call

Released : 07/26/2007

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

PNM Resources (NYSE: PNM) will announce second quarter earnings results and other company information during a conference call and Web cast at 9 a.m. ESTFriday, Aug. 3. Earnings will be announced after market closes on Aug. 2.

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

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.

     Analysts in the United States call:         (800) 901-5226
     Analysts outside the United States call:    (617) 786-4513
     Pass code:                                  51730127

Participants should dial in after 8:45 a.m. Eastern. The call will be broadcast live and the presentation available at www.PNMResources.com. A transcript of the call also will be on the Web site as soon as possible.

Background:

PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., 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 2,465 megawatts, PNM Resources and its subsidiaries market power throughout the Southwest, Texas and the West. In addition, the joint venture in which the company has a 50-percent ownership, owns approximately 305 megawatts of generation. For more information, visit www.PNMResources.com.

Source: PNM Resources