April 28, 2008 08:00 ET

Nortel to Publish Its First Quarter Results on May 2nd, 2008

TORONTO, ONTARIO--(Marketwire - April 28, 2008) - Nortel (TSX:NT)(NYSE:NT) will host a teleconference/audio webcast with the investment community to discuss its first quarter 2008 results. The earnings press release will be issued at approximately 6:00 a.m. ET over Marketwire and the corresponding presentation slides should be available about 30 minutes in advance of the conference call on the Nortel's Investor Relations website.

Mike Zafirovski, President and CEO, and Pavi Binning, Executive Vice President and CFO, will present the first quarter 2008 results during a live audio webcast and conference call.

Date: Friday, May 2nd, 2008
Time: 8:30 a.m. ET

To take part in the audio Webcast, please visit:

To participate in the audio teleconference and Q&A, please call:

- North America 1-866-225-6564
- International 1-416-641-6139

- Please dial in at least 15 minutes prior to the start of the event -

Replay: A replay of the audio teleconference will be available at
11:00 a.m. ET at:

- North America 1-800-408-3053 Passcode: 3256865#
- International 1-416-695-5800 Passcode: 3256865#

Audio webcast replay:

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