Sierra Pacific Resources
Contact: Andrea Smith
Phone: (702) 367-5683

For Immediate Release

Senior management of Sierra Pacific Resources will review the company's second quarter 2003 financial results and other matters during a conference call and webcast on Friday, Aug. 8, at 6:30 a.m. Pacific Daylight Time. Interested parties can access a live webcast of the call with the following link:

http://webcast.on24.com/clients/srp/030820.html

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

http://www.sierrapacificresources.com/investors/news/

An archived version of the webcast will remain on the Sierra Pacific Resources web site for approximately one month following the live webcast.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 800-615-3210 and use the conference call ID number, 229667, to access the recording.

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.

###