ARTHUR ANDERSEN LLP
August 11, 2000
Public Service Company of New Mexico:
We are aware that Public Service Company of New Mexico and subsidiaries has
incorporated by reference in its Registration Statement No. 33-65418, 333-03289,
333-03303, 333-32170 and 333-53367 its Form 10-Q for the quarter ended June 30,
2000, which includes our report dated August 11, 2000 covering the unaudited
interim financial information contained therein. Pursuant to Regulation C of the
Securities Act of 1933, that report is not considered a part of the registration
statement prepared or certified by our firm or a report prepared or certified by
our firm within the meaning of Sections 7 and 11 of the Act.
Very truly yours,
/s/ Arthur Andersen LLP
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Arthur Andersen LLP