CenterPoint Energy Transition Bond Company III, LLC

Ratings Assigned to 2008 Senior Secured Transition Bonds

CenterPoint Energy Transition Bond Company III, LLC
Ratings Assigned to the 2008 Transition Bonds and to the Senior Debt of the Servicer
September 26, 2017
Company	Security	Rating
Company	Security	Moody's	S&P	Fitch
CenterPoint Energy Transition Bond Company III, LLC (Issuer)	Transition Bonds	Aaa	AAA	AAA
CenterPoint Energy Houston Electric, LLC (Servicer)	Senior Secured Debt (First Mortgage Bonds and General Mortgage Bonds)	A1	A	A+

Rating Changes Since the Issuance of the Bonds
Date	Security	Agency	From	To
8/4/2009	First Mortgage Bonds	Moody's	Baa2	Baa1
8/4/2009	General Mortgage Bonds	Moody's	Baa2	Baa1
10/9/2009	General Mortgage Bonds	Fitch	BBB+	A-
8/3/2010	First Mortgage Bonds	Moody's	Baa1	A3
8/3/2010	General Mortgage Bonds	Moody's	Baa1	A3
11/22/2011	First Mortgage Bonds	S&P	BBB+	A-
11/22/2011	General Mortgage Bonds	S&P	BBB+	A-
5/21/2012	First Mortgage Bonds	Fitch	A-	A
5/21/2012	General Mortgage Bonds	Fitch	A-	A
2/14/2013	First Mortgage Bonds	S&P	A-	A
2/14/2013	General Mortgage Bonds	S&P	A-	A
8/19/2013	First Mortgage Bonds	Moody's	A3	A2
8/19/2013	General Mortgage Bonds	Moody's	A3	A2
1/30/2014	First Mortgage Bonds	Moody's	A2	A1
1/30/2014	General Mortgage Bonds	Moody's	A2	A1
9/26/2017	First Mortgage Bonds	Fitch	A	A+
9/26/2017	General Mortgage Bonds	Fitch	A	A+