The Network Layer Reachability Information (NLRI) is exchanged between BGP routers using UPDATE messages. An NLRI is composed of a LENGTH and a PREFIX. The length is a network mask in CIDR notation (eg. /25) specifying the number of network bits, and the prefix is the Network address for that subnet.
The NLRI is unique to BGP version 4 and allows BGP to carry supernetting information, as well as perform aggregation.
The NLRI would look something like one of these:
/25, 204.149.16.128
/23, 206.134.32
/8, 10
Only one NLRI is included in an UPDATE Message, though there may be multiple AS-paths and AS-path attributes.