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Q1 2004 Conference Call - Wednesday, April 28, 2004

Nortel Networks hosted a teleconference/audio webcast with the financial community to discuss certain management changes and provide an update on the independent review, planned restatements and related matters and the delay in the availability of the financial results for the first quarter of 2004.

  • Nortel Networks announces William Owens as new President and CEO
  • Terminates President and CEO, and former CFO and Controller
  • Company provides update on Audit Committee Independent Review and Planned Restatements

Wednesday, April 28, 2004
8:45 AM Eastern Time

Speakers:
    Lynton (Red) Wilson, Chairman of the Board
    William Owens, President & Chief Executive Officer
    Bill Kerr, Chief Financial Officer
Chairperson:

    Angela McMonagle, Vice President, Corporate Marketing & Investor Relations

Listen to the conference replay:

North America:
1-800-383-0935
Passcode: 21194235#
International:
1-402-530-5545 
Passcode: 21194235#
Nortel Networks Employees:
 ESN 250-5545
Passcode: 21194235#

This replay is available until 11:59 p.m. ET, May 12, 2004.


Investor Contacts:
Investor Relations
Nortel Networks
(888) 901-7286
(905) 863-6049
investor@nortel.com
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