Nelnet to Announce First Quarter Results

LINCOLN, Neb., April 29 /PRNewswire-FirstCall/ -- Nelnet, Inc. (NYSE: NNI)
today announced it will issue an earnings release for the first quarter of
2009 after market close on May 11, 2009. Nelnet will host a conference call to
discuss the results at 3:00 p.m. (Eastern) on May 13, 2009.

To access the call live, participants in the United States and Canada should
dial 877.723.9511 and international callers should dial 719.325.4812 at least
15 minutes prior to the call. A live audio webcast of the call will also be
available at www.nelnetinvestors.com under the Events & Webcasts menu.

A replay of the conference call will be available from 6:00 p.m. (Eastern) May
13, 2009, through midnight Saturday, May 23, 2009. To access the replay via
telephone within the United States and Canada, callers should dial
888.203.1112. International callers should dial 719.457.0820. All callers
accessing the replay will need to use the confirmation code 4079097. A replay
of the audio webcast will also be available at www.nelnetinvestors.com.

Information regarding the earnings release will be available on the website
provided above upon issue on May 11.

For more than 30 years, Nelnet has been helping families plan, prepare, and
pay for their education. Additional information is available at
www.nelnet.com.

(code #: nnif)

SOURCE Nelnet, Inc.

Media, Ben Kiser, +1-402-458-3024, or Investors, Phil Morgan, +1-402-458-3038,
both of Nelnet, Inc.