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Conference Call - Thursday, August 19, 2004

Nortel Networks provided estimated limited preliminary 1st Half 2004 results and an update on other matters.

Nortel Networks hosted a teleconference/audio webcast with the investment community and provided an update to the market.

  • Estimated Unaudited Results for Q1, Q2 2004
  • Continued Expectation that Revenue Growth will Outpace the Market
  • New Streamlined Organization to Provide Seamless Approach to Converged Networks of the Future and Focused Employee Reductions to Reset Business Model
  • Update on Audit Committee Independent Review; Personnel Actions; Restatement Update
Thursday, August 19, 2004
8:30 AM ET



Listen to the conference replay:

North America:
1-800-383-0935
Passcode: 21205523#
International:
1-402-530-5545  
Passcode: 21205523#

This replay will be available until September 1, 2004 at 10:30 am ET.



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

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