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PNM Resources To Host 2006 Earnings Conference Call

PNM Resources will announce 2006 earnings results and discuss 2007 earnings guidance during a conference call and Web cast at 9 a.m. EST Wednesday,
Feb. 14. Earnings will be announced after market closes on Feb. 13.

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

• Participants in the United States call: (866) 356-4441
• Participants outside the United States call: (617) 597-5396
• Pass code: 79897207

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 Feb. 21, 2007:

• Participants in the United States call: (888) 286-8010
• Participants outside the United States call: (617) 801-6888
• Pass code: 70123333

Background:
PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2005 consolidated operating revenues of $2.1 billion. Through its utility and energy service subsidiaries, PNM Resources supplies electricity to 788,000 homes and businesses in New Mexico and Texas and natural gas to 482,000 customers in New Mexico. Its utility and generation subsidiaries are PNM, Texas-New Mexico Power and Altura Energy. Other subsidiaries include First Choice Power, a deregulated competitive retail electric provider in Texas and Avistar, an energy research and development company. PNM Resources has generation resources of approximately 2,840 megawatts and sells power on the wholesale market throughout the Southwest. For more information, visit PNMResources.com.

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