News Release

Sept. 18, 2014
PNM Resources Honored As a Top 10 "Best Company for Diversity" by HispanicBusiness Inc.

Albuquerque: HispanicBusiness Inc. has again recognized PNM Resources, which includes utility operating companies PNM and TNMP, as one of the top companies in the nation for diversity.  The 2014 rankings rank PNM Resources seventh best among the 45 companies named. HispanicBusiness Inc. has been publishing the list of the best companies for diversity for 10 years. Last year PNM Resources was ranked number 12 among 50 companies. Companies on the list are rated according to five specific categories: board and leadership, recruitment, retention and promotion, marketing and community outreach, and supplier diversity.

"At PNM Resources, we are working to build a stronger company by fostering an inclusive, diverse culture where everyone feels welcomed and valued," said Pat Vincent-Collawn, PNM chairman, president and CEO. "We're proud that our employees, our board of directors, and our practices reflect the broad diversity of the communities we serve. We're honored that HispanicBusiness Inc. has again recognized our company for these efforts."

Companies named to the list are evaluated on a variety of diversity indicators and whether those elements extend throughout the company. More information may be found at:
http://www.hispanicbusiness.com/branded/2014/diversity_companies/2014_best_companies_overview.asp

With headquarters in Albuquerque, PNM is the largest electricity provider in New Mexico, serving more than 500,000 customers in dozens of communities across the state. PNM is a subsidiary of PNM Resources, an energy holding company also headquartered in Albuquerque. For more information, visit PNM.com.