LINCOLN, Neb., Feb 16, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Nelnet (NYSE: NNI) announced today it will host an Investor Day on Wednesday, March 7, 2007 from 8:30 a.m. to approximately 12:00 p.m. (Eastern). The conference for investors and analysts will be held at One Madison Avenue, New York City and will include presentations from Chairman and Co-Chief Executive Officer Mike Dunlap and several other members of senior management. The theme of the presentations will be "Making Cents: Nelnet's Fee-Based Businesses in 2007."

A live Web cast of the presentations will be available at http://www.nelnetinvestors.net/medialist.cfm beginning at 9:00 a.m. (Eastern), following registration and a continental breakfast for attendees. A replay will be available on the company's Web site for 14 days.

If you have any questions about the meeting or would like to register to attend in person, please contact Nelnet Investor Relations at 317.469.2035.

For 28 years, Nelnet has been helping the education-seeking family plan for their education, pay for their education, and prepare for their careers. The company has invested hundreds of millions of dollars in products, services, and technology improvements for students and the educational institutions they attend. These services include live counseling to help families through all aspects of the financial aid process, benefits for borrowers, including tens of millions of dollars in fee reductions, and Nelnet sponsored scholarships. Nelnet serves students in 50 states, employs approximately 4,000 associates, and has $23.8 billion in net student loan assets.

Additional information is available at www.nelnet.net.

(code #: nnig)

SOURCE Nelnet

Media, Ben Kiser, +1-402-458-3024, or Investors, Cheryl Watson, +1-317-469-2064, both
for Nelnet

http://www.nelnetinvestors.net/medialist.cfm

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