Nortel Networks

Advisory - Nortel Business Update Teleconference

    Toronto, Canada (ots/PRNewswire) -

@@start.t1@@      8:30 a.m. Eastern Time
      Tuesday, May 16, 2006
      www.nortel.com
      What:        Nortel will host a teleconference/audio webcast with the
                      investment community.
      Who:         Mike Zafirovski, President and Chief Executive Officer
                      Peter Currie, Executive Vice President and Chief Financial
                      Officer
                      Terry Glofcheskie, Vice President Investor Relations
      When:        8:30 a.m. ET, Tuesday, May 16, 2006
      Where:      To participate via the teleconference, please call the
                      following numbers at least 15 minutes prior to the start of the
                      event.
                          -  North America 1-800-681-7958
                          -  International 1-212-231-6020
                      To participate via the audio webcast, please visit the
                      following webpage at least 15 minutes prior to the start of the
                      event. http://www.nortel.com/businessupdate
      Replay:    You can listen to the replay at:
                          -  North America 1-800-383-0935
                                Passcode: 21290984 followed by the number sign.
                          -  International 1-402-530-5545
                                Passcode: 21290984 followed by the number sign.
                      Audio webcast replay:
                      http://www.nortel.com/businessupdate@@end@@

ots Originaltext: Nortel Networks
Im Internet recherchierbar: http://www.presseportal.ch

Contact:
For further information: Investor Relations - (888)-901-7286,
+1-(905)-863-6049, investor@nortel.com; Media Relations - Patricia
Vernon, +1-(905)-863-1035, patricve@nortel.com



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