Toronto (ots/PRNewswire)

 www.nortel.com
    What:             Mike Zafirovski and Peter Currie will hold a Q&A
                      session on the March 10, 2006 press release for
                      accredited members of the press.
    Who:              - Mike Zafirovski, President and CEO, Nortel
                      - Peter Currie, Executive Vice President and CFO,
                        Nortel
                      - Bill Durling, Vice President, Corporate
                        Communications, Nortel
    When:             10 a.m. - 10:30 a.m. EST, Friday, March 10, 2006
    Where:            To participate in the audio teleconference and Q&A,
                      please call
                      - 1-888-638-1042 (North America ONLY)
                      - 1-212-231-6010 (International)
                      To take part in the audio Webcast, please visit -
                      http://www31.nortel.com/webcast.cgi?id(equal sign)4198
                      Please dial in at least 15 minutes prior to the start
                      of the event.
    What you'll need: What You Need To "Attend" the audio Webcast -
                      - A Pentium PC P133 or faster
                      - Sound card with speakers or headphones
                      - 28.8 Kbps modem or higher
                      - RealPlayer G2 required, available at www.real.com
    Archived Files:   A replay of the audio Webcast will be available at
                      11:30 a.m. EST at
                      http://www31.nortel.com/webcast.cgi?id(equal sign)4199

Contact:

For further information: Patricia Vernon, +1-(905)-863-1035,
patricve@nortel.com; Jay Barta, +1-(972)-685-2381, jbarta@nortel.com