Nov 21, 2006

Nelnet Executives to Participate in FBR Investor Conference

LINCOLN, Neb., Nov 21, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Nelnet, Inc. (NYSE: NNI) today announced that Terry Heimes, Chief Financial Officer, and Todd Eicher, Chief Mergers and Acquisitions Officer, will present at the 2006 FBR Investor Conference to be held at The Grand Hyatt New York in New York City on Tuesday, November 28, 2006. The presentation is scheduled to begin at 10:55 a.m. (Eastern) and will be available live via Web cast at

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 3,700 associates, and has $22.9 billion in net student loan assets.

Additional information is available at

(code #: nnig)

SOURCE Nelnet, Inc.

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

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