PNM provides more detail on proposed Western Resources acquisition

Investors can view the presentation on the PNM web site at pnm.com. A copy has also been filed with the Securities and Exchange Commission as a Form 8-K.

PITTSBURGH, Nov 15, 2000 (PRNewswire via COMTEX) — Strategic Energy announced today a five-year Power Supply Coordination agreement with Le Mont restaurant. Le Mont is an award-winning restaurant located on Mt. Washington in Pittsburgh, Pennsylvania. Strategic Energy provides objective management of electricity and natural gas supply for commercial and industrial end-users in deregulated markets through its detailed analysis of supplier alternatives.

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