PNM Resources Management to Meet with Analysts and Investors

PNM Resources (NYSE: PNM) management will meet with energy industry analysts and investors during various meetings Nov. 16-18.

During the meetings, management expects to affirm the company’s 2009 earnings outlook range of $0.76 to $0.81 per diluted share. Supporting material for the investor meetings is available on PNM Resources’ web site at http://pnm.client.shareholder.com/investors/events.cfm.

Background:

PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2008 consolidated operating revenues from continuing and discontinued operations of $2.5 billion. Through its utility and energy subsidiaries, PNM Resources has more than 2,700 megawatts of generation resources and serves electricity to more than 884,000 homes and businesses in New Mexico and Texas. The company also has a 50-percent ownership of Optim Energy, which owns approximately 920 megawatts of generation. For more information, visit the company’s Web site at www.PNMResources.com.