PNM Declares Preferred Dividend

  PNM Declares Preferred Dividend

Business Wire

ALBUQUERQUE, N.M. -- September 13, 2013

The Board of Directors of PNM, a subsidiary of PNM Resources (NYSE: PNM), has
declared the regular quarterly dividend of $1.145 per share on the 4.58
percent series of cumulative preferred stock. The preferred stock dividend is
payable October 15, 2013, to shareholders of record at the close of business
October 1, 2013.

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Background:

PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque,
N.M., with 2012 consolidated operating revenues of $1.3 billion. Through its
regulated utilities, PNM and TNMP, PNM Resources has approximately 2,538
megawatts of generation capacity and serves electricity to more than 738,000
homes and businesses in New Mexico and Texas. For more information, visit the
company’s Web site at www.PNMResources.com.

Contact:

PNM Resources
Analysts
Jimmie Blotter, 505-241-2227
Media
Pahl Shipley, 505-241-2782
 
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