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Oct 24, 2005

CenterPoint Energy Declares $0.06 Dividend; 2005 Annualized Dividend Totals $0.40 Per Share

CenterPoint Energy Declares $0.06 Dividend; 2005 Annualized Dividend Totals $0.40 Per Share

HOUSTON, Oct 24, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- CenterPoint Energy, Inc.'s (NYSE: CNP) board of directors today declared a dividend of $0.06 per common share, payable on Dec. 9, 2005, to shareholders of record as of the close of business on Nov. 16, 2005. This will bring the total dividend paid in 2005 to $0.40 per share, which is in line with the dividend that the company paid the last two years and is also consistent with the limitations imposed under the Public Utility Holding Company Act.

CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution and sales, and interstate pipeline and gathering operations. The company serves nearly five million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. Assets total approximately $16 billion. With more than 9,000 employees, CenterPoint Energy and its predecessor companies have been in business for more than 130 years. For more information, visit the Web site at http://www.CenterPointEnergy.com .

This news release includes forward-looking statements. Actual events and results may differ materially from those projected. The statements in this news release regarding future events and other statements that are not historical facts are forward-looking statements. Factors that could affect actual results include the financial performance CenterPoint Energy, the timing and impact of future regulatory decisions, and other factors discussed in CenterPoint Energy's Form 10-K for the period ended Dec. 31, 2004, and Form 10-Qs for the periods ended March 31 and June 30, 2005, and other filings with the Securities and Exchange Commission.

SOURCE CenterPoint Energy, Inc.

media, Leticia Lowe, +1-713-207-7702, or investors, Marianne Paulsen,
+1-713-207-6500, both of CenterPoint Energy, Inc.
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