Senior management of Sierra Pacific Resources (NYSE: SRP) will review the company's 2006 third quarter financial results, regulatory issues and other matters during a conference call and webcast on Friday, Nov. 3, at 7 a.m. Pacific Standard Time.

The webcast will be accessible on the Sierra Pacific Resources web site at:

www.sierrapacificresources.com

An archived version of the webcast will remain on the Sierra Pacific Resources web site for approximately one month following the live webcast. To listen to a recording of the call by telephone, call (800) 475-6701 and use the conference call access code, 845136, to listen to the recording. International callers should dial (320) 365-3844.

Headquartered in Nevada, Sierra Pacific Resources is a holding company whose principal subsidiaries are Nevada Power Company, the electric utility for most of southern Nevada, and Sierra Pacific Power Company, the electric utility for most of northern Nevada and the Lake Tahoe area of California. Sierra Pacific Power Company also distributes natural gas in the Reno-Sparks area of northern Nevada. Other subsidiaries include the Tuscarora Gas Pipeline Company, which owns 50 percent interest in an interstate natural gas transmission partnership.

First Call Analyst:
FCMN Contact: kwalquist@sppc.com

SOURCE: Sierra Pacific Resources

CONTACT: Media Contact: Karl Walquist, +1-775-834-3891, or Analyst
Contact: Britta Carlson, +1-702-367-5624

Web site: http://www.sierrapacificresources.com/