PNM Resources Board Declares Quarterly Common Stock Dividend

The Board of Directors of PNM Resources (NYSE: PNM) today declared the regular quarterly dividend of $0.145 per share on its common stock, which has an indicated annual rate of $0.58 per share. The dividend is payable Aug. 15, 2012, to shareholders of record at the close of business Aug. 1, 2012.

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PNM Resources encourages analysts, investors and other interested parties to visit www.PNMResources.com and register to automatically receive company financial information by e-mail or RSS feeds. Once registered, participants can choose from a menu to automatically receive requested information, including news releases, notices of webcasts and filings with the U.S. Securities and Exchange Commission. Participants can unsubscribe at any time and will not receive information that was not requested.

Background:

PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2010 consolidated operating revenues of $1.7 billion. Through its regulated utilities, PNM Resources has approximately 2,530 megawatts of generation capacity and serves electricity to more than 730,000 homes and businesses in New Mexico and Texas. For more information, visit the company’s Web site at www.PNMResources.com.

Copyright Business Wire 2010

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