HOUSTON, May 25, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- CenterPoint Energy, Inc. (NYSE: CNP) announced that Derrill Cody, David M. McClanahan and Robert T. O'Connell were re-elected to the company's board of directors at its annual shareholder meeting today. Also continuing as directors are Milton Carroll (chairman), Donald R. Campbell, John T. Cater, O. Holcombe Crosswell, Janiece M. Longoria, Thomas F. Madison, Michael E. Shannon and Peter S. Wareing.
(Photo: http://www.newscom.com/cgi-bin/prnh/20020930/CNPLOGO )
The company's shareholders also took the following actions at their annual meeting:
* Ratified the appointment of Deloitte & Touche LLP as the company's independent auditors for 2006; * Re-approved the material terms of the performance goals under the company's Short-Term Incentive Plan; and * Re-approved the material terms of the performance goals under the company's Long-Term Incentive Plan.
Also, a shareholder's proposal that called for the annual election of all members of the Board of Directors failed to obtain the vote required for passage and accordingly was not adopted by the shareholders.
CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution, competitive natural gas sales and services, and pipeline and field services operations. The company serves more than five million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. Assets total approximately $16 billion. With about 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 .
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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