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Stock Trading History of Smith Hugh W

The following table details the trading activities (stock purchases, stock sales, and stock option exercises) reported to the Securities and Exchange Commission (SEC) by insider Smith Hugh W since year 2005. The trader's CIK number is 1285290. At the time of this reporting, Smith Hugh W is the SR VP, ENERGY RES of Pnm Resources Inc (stock ticker symbol PNM).

Stock purchases, sales, and option exercises reported by *Smith Hugh W* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2006-08-17	PNM	Pnm Resources Inc	Sale	3,050	28.22	86,071
2006-08-17	PNM	Pnm Resources Inc	Option Exercise	3,050	19.76	60,268

Insider trading activities including stock purchases, stock sales, and option exercises listed in the above table cannot be completely guaranteed as to their accuracy. For more information regarding the trades made by Smith Hugh W (SR VP, ENERGY RES of Pnm Resources Inc at the time of this reporting) see the Securities and Exchange Commission (SEC) website.