News Releases

Sierra Pacific Resources Schedules Earnings Webcast

RENO, Nev.
Nov 8, 2002

Senior management of Sierra Pacific Resources (NYSE: SRP) will discuss the company's third quarter financial results during a live webcast on Thursday, Nov. 14, at 7 a.m. Pacific Standard Time. Interested parties can access the webcast at: 7FA7FFC1A20BF1E067976B5

or on the company's web site at:

An archived version will remain on the Sierra Pacific Resources' web site for approximately one month following the live webcast. Those who would rather listen to the recording by telephone should call 1-888-211-2648. Use conference ID number 2620485 to access the recording.

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

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SOURCE: Sierra Pacific Resources

CONTACT: analyst, Vicki Erickson, +1-775-834-5646, or media, Karl
Walquist, +1-775-834-3891, both of Sierra Pacific Resources

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