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Filed Pursuant to Rule 433
Registration Statement No. 333-145223
May 12, 2008
PRICING TERM SHEET
(to Preliminary Prospectus Supplement dated May 12, 2008)
         
Issuer:   CenterPoint Energy Resources Corp.
 
       
Security:   6.00% Senior Notes due 2018
 
       
Legal Format:   SEC Registered
 
       
Size:   $300,000,000
 
       
Trade Date:   May 12, 2008
 
       
Expected Settlement Date:   May 15, 2008
 
       
Maturity Date:   May 15, 2018
 
       
Coupon:   6.00%
 
       
Interest Payment Dates:   May 15 and November 15, commencing November 15, 2008
 
       
Price to Public:   99.171%
 
       
Benchmark Treasury:   3.875% due May 15, 2018
 
       
Benchmark Treasury Yield:   3.762%
 
       
Spread to Benchmark Treasury:   + 235 basis points
 
       
Re-offer Yield:   6.112%
 
       
Make-whole call:   At any time at a discount rate of Treasury plus 35 basis points
 
       
CUSIP:   15189Y AE6
 
       
Anticipated Ratings:
  Moody’s   Baa3
 
  S&P   BBB
 
  Fitch   BBB
 
       
Joint Book-Running Managers:   Barclays Capital Inc.
    Credit Suisse Securities (USA) LLC
    Lehman Brothers Inc.
 
       
Co-Managers:   HSBC Securities (USA) Inc.
    Lazard Capital Markets LLC
    RBC Capital Markets Corporation
    SunTrust Robinson Humphrey, Inc.
    Wachovia Capital Markets, LLC
    Wells Fargo Securities, LLC
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Barclays Capital Inc. toll free at 888-227-2275, ext. 2663, Credit Suisse Securities (USA) LLC toll free at 800-221-1037 or Lehman Brothers Inc. toll free at 888-603-5847.