Houston, TX,- CenterPoint Energy Inc. (NYSE: CNP) announced today that it has successfully negotiated new, one-year credit facilities totaling $4.7 billion with a syndicate of 30 banks. The facilities replace similar facilities that expired yesterday.

HOUSTON, TX - CenterPoint Energy, Inc. (NYSE: CNP) said today it remains confident in its strong business fundamentals and its ability to implement its financing plans despite Standard & Poor's decision to reduce the company's corporate credit rating by one notch, to BBB from BBB+.

HOUSTON, TX - The Board of Directors of CenterPoint Energy, Incorporated (NYSE: CNP), formerly Reliant Energy, Inc., today declared a regular quarterly cash dividend of $0.16 per share of common stock payable on December 10, 2002, to holders of record as of the close of business on November 15,

HOUSTON, TX - On September 20, 2002, Reliant Energy, Incorporated (NYSE: REI) established 0.788603 as the distribution ratio for the previously declared distribution of Reliant Resources, Inc. (NYSE:RRI) common stock to the shareholders of Reliant Energy.

HOUSTON, TX - The Board of Directors of Reliant Energy, Incorporated (NYSE: REI) today declared a special stock dividend through which Reliant Energy will spin off its interest in Reliant Resources, Inc. (NYSE:RRI) to its shareholders. Holders of record as of the close of business on September 20,

HOUSTON, TX - The Board of Directors of Reliant Energy, Incorporated (NYSE: REI) today declared a special stock dividend through which Reliant Energy will spin off its interest in Reliant Resources, Inc. (NYSE:RRI) to its shareholders. Holders of record as of the close of business on September 20,

Reliant Energy, Incorporated (NYSE:REI) announced that its board of directors has received favorable solvency opinions for both Reliant Energy and its 83 percent owned subsidiary, Reliant Resources, Inc. (NYSE:RRI), in connection with the anticipated spin-off of the shares of Reliant Resources to

HOUSTON, TX - The Board of Directors of Reliant Energy, Incorporated (NYSE: REI) today declared a regular quarterly cash dividend of $0.16 per share of common stock payable on September 10, 2002, to holders of record as of the close of business on August 19, 2002.

HOUSTON, TX. - Reliant Energy, Incorporated (NYSE:REI) announced today that the Internal Revenue Service has issued a supplemental ruling confirming that the spin-off of Reliant Resources, Inc. (NYSE:RRI), its 83 percent owned subsidiary, will be tax-free to Reliant Energy and its shareholders

Houston, TX. - Reliant Energy, Incorporated (NYSE: REI) today reported net income for the second quarter of 2002, of $236 million, or $0.79 per diluted share, compared to net income of $316 million, or $1.08 per diluted share, for the second quarter of 2001.