Jun 02, 2005

Nelnet Executive to Participate in UBS Higher Education Investors Conference

LINCOLN, Neb., June 2, 2005 /PRNewswire-FirstCall via COMTEX/ -- Nelnet, Inc. (NYSE: NNI) today announced that Terry Heimes, Chief Financial Officer of Nelnet, will participate in the UBS Higher Education Investors Conference, to be held at The Westin New York at Times Square in New York City on June 15, 2005. The presentation is scheduled to begin at 9:00 a.m. (Eastern), and will be available live via Web cast at http://www.nelnetinvestors.net/medialist.cfm.

Nelnet is one of the leading education finance companies in the United States and is focused on providing quality products and services to students and schools nationwide. Nelnet ranks among the nation's leaders in terms of total net student loan assets with $14.5 billion as of March 31, 2005. Headquartered in Lincoln, Nebraska, it originates, consolidates, securitizes, holds, and services student loans, principally loans originated under the Federal Family Education Loan Program of the U.S. Department of Education.

Additional information is available at www.nelnet.net.

(code #: nnig)

SOURCE Nelnet, Inc.

Media, Sheila Odom, +1-402-458-2329, or Investors, Cheryl Watson, +1-317-469-2064,
both of Nelnet, Inc.

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