Nortel to Publish Its Third Quarter Results on November 10th, 2008

TORONTO, ONTARIO--(Marketwire - November 05, 2008) - Nortel (TSX: NT)(NYSE: NT) will host a teleconference/audio webcast with the investment community to discuss its third quarter 2008 results. The earnings press release will be issued at approximately 6:00 a.m. ET over Marketwire and the corresponding presentation slides should be available about 30 minutes in advance of the conference call on Nortel's Investor Relations website. Mike Zafirovski, President and CEO, and Pavi Binning, Executive Vice President and CFO, will present the third quarter 2008 results during a live audio webcast and conference call. Date: Monday, November 10th, 2008 Time: 8:30 a.m. ET To take part in the audio Webcast, please visit: www.nortel.com/q3earnings2008 To participate in the audio teleconference and Q&A, please call: - North America 1-866-862-3927 - International 1-416-641-6127 Please dial in at least 15 minutes prior to the start of the event Replay: A replay of the audio teleconference will be available at 11:00 a.m. ET at: - North America 1-800-408-3053 Passcode: 3273396# - International 1-416-695-5800 Passcode: 3273396# Audio webcast replay: www.nortel.com/q3earnings2008 Contacts: Nortel Investors (905) 863-7171 Email: investor@nortel.com Nortel Jay Barta Media (972) 685-2381 Email: jbarta@nortel.com Nortel Mohammed Nakhooda Media (905) 863-7407 Email: mohammna@nortel.com Website: www.nortel.com This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.