sctoviza
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE TO
Tender Offer Statement
under Section 14(d)(1) or 13(e)(1) of the Securities Exchange Act of 1934
(Amendment No. 1)
CenterPoint Energy, Inc.
(Name of Subject Company (issuer))
CenterPoint Energy, Inc.
(Names of Filing Persons (identifying status as offeror, issuer or other person))
3.75% Senior Notes Due 2023
3.75% Senior Notes, Series B Due 2023
(Title of Class of Securities)
15189TAA5 and 15189TAC1
15189TAM9
(CUSIP Number of Class of Securities)
Rufus S. Scott
Senior Vice President, Deputy General Counsel and Assistant Corporate Secretary
CenterPoint Energy, Inc.
1111 Louisiana
Houston, Texas 77002
(713) 207-1111
(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications on Behalf of Filing Persons)
Copy to:
Gerald M. Spedale
Baker Botts L.L.P.
One Shell Plaza
910 Louisiana
Houston, Texas 77002-4995
(713) 229-1234
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Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) and
identify the filing with which the offsetting fee was previously paid. Identify the
previous filing registration statement number, or the Form or Schedule and the date of
its filing. |
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Check the box if the filing relates solely to preliminary communications made before the
commencement of a tender offer. |
Check the appropriate boxes below to designate any transactions to which the statement relates:
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third-party tender offer subject to Rule 14d-1. |
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issuer tender offer subject to Rule 13e-4. |
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going-private transaction subject to Rule 13e-3. |
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amendment to Schedule 13D under Rule 13d-2. |
Check the following box if the filing is a final amendment reporting the results of the tender offer: o
TABLE OF CONTENTS
This Amendment No. 1 amends and supplements the Tender Offer Statement on Schedule TO
(the Schedule TO) originally filed with the Securities and Exchange Commission on April 17, 2008
by CenterPoint Energy, Inc. (the Company) relating to the Companys offer to purchase its 3.75%
Senior Notes due 2023 (the Old Notes) and 3.75% Senior Notes, Series B due 2023 (the New Notes
and, together with the Old Notes, the Notes) that were issued by the Company, upon the terms and
conditions set forth in the Indenture dated as of May 19, 2003 (the Original Indenture) by and
between the Company and The Bank of New York Trust Company, National Association (successor to
JPMorgan Chase Bank), as Trustee, as amended and supplemented by Supplemental Indenture No. 1 dated
as of May 19, 2003 (Supplemental Indenture No. 1), under which the Old Notes were issued, and
Supplemental Indenture No. 6 dated as of August 23, 2005 (Supplemental Indenture No. 6 and,
together with Supplemental Indenture No. 1, the Supplemental Indentures), under which the New
Notes were issued (the Original Indenture, as amended and supplemented by the Supplemental
Indentures, the Indenture), the Company Notice dated April 17, 2008 (the Company Notice), and
the related offer materials filed as Exhibits (a)(1)(B) to (a)(1)(E) to the Schedule TO (which
Company Notice and related offer materials, as amended or supplemented from time to time,
collectively constitute the Option Materials).
This Amendment No. 1 to Schedule TO is intended to satisfy the disclosure requirements of
Rule 13e-4(c)(3) under the Securities Exchange Act of 1934, as amended.
ITEMS 1 through 9.
Items 1 through 9 of the Schedule TO, as well as the Company Notice, are hereby amended and
supplemented to reflect the following:
Conversion Rate Adjustment
On April 24, 2008, the Company declared a regular quarterly cash dividend on its common stock
of $0.1825 per share payable on June 10, 2008 to shareholders of record as of the close of
business on May 16, 2008. Pursuant to the terms of the Indenture, this cash dividend will require
an increase to the Conversion Rate (as defined in the Supplemental Indentures) of the Notes. Under
the terms of the Indenture, the increased Conversion Rate will be determined on May 13, 2008.
Notice of the increased Conversion Rate will be sent to holders on or after May 13, 2008.
Holders of the Old Notes that submit such Old Notes for conversion and otherwise satisfy the
conversion requirements of the Old Notes on or after May 19, 2008 will be entitled to the increased
Conversion Rate. Holders of the New Notes that submit such New Notes for conversion and otherwise
satisfy the conversion requirements of the New Notes on or after May 2, 2008 will be entitled to
the increased Conversion Rate.
As permitted by General Instruction F to Schedule TO, all of the information set forth in the
Option Materials is incorporated by reference into this Schedule TO.
Item 12 is hereby amended to read in its entirety as follows:
ITEM 12. Exhibits.
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(a)(1)(A)*
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Company Notice to the Holders of CenterPoint Energy, Inc. 3.75% Convertible Senior
Notes due 2023 and 3.75% Convertible Senior Notes, Series B due 2023, dated April 17,
2008. |
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(a)(1)(B)*
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¾
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Form of Purchase Notice. |
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(a)(1)(C)*
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¾
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Form of Notice of Withdrawal. |
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(a)(1)(D)*
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¾
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Substitute Form W-9. |
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(a)(1)(E)*
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¾
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Guidelines for Certification of Taxpayer Identification Number on Substitute Form W-9. |
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(a)(1)(F)
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¾
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The description of the Old Notes and the Indenture set forth under the caption
Description of the Notes in the Companys prospectus dated December 4, 2003. |
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(a)(1)(G)
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¾
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The description of the New Notes and the Indenture set forth under the caption
Description of the New Notes in the Companys prospectus dated July 19, 2005. |
1
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(a)(5)(A)*
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¾
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Company Press Release dated April 16, 2008. |
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(a)(5)(B)*
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¾
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Company Press Release dated April 17, 2008. |
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(a)(5)(C)*
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¾
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Notice of Redemption. |
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(a)(5)(D)
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¾
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Company Press Release dated April 25, 2008. |
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(a)(5)(E)
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¾
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Notice of Dividend Declaration Resulting in Conversion Rate Adjustment. |
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(b)
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¾
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$1,200,000,000 Second Amended and Restated Credit Agreement dated as of June 29,
2007, among the Company, Citibank, N.A., as Syndication Agent, Barclays Bank PLC,
Bank of America, National Association and Credit Suisse, Cayman Islands Branch, as
Co-Documentation Agents, JPMorgan Chase Bank, N.A., as Administrative Agent,
J.P. Morgan Securities Inc. and Citigroup Global Markets Inc., as Joint Lead
Arrangers and Bookrunners, and the banks named therein (incorporated by reference to
Exhibit 4.3 to the Companys Form 10-Q for the quarter ended June 30, 2007). |
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(d)(1)
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Indenture, dated as of May 19, 2003, between the Company and the Trustee
(incorporated by reference to Exhibit 4.1 to the Companys Current Report on Form 8-K
dated May 19, 2003). |
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(d)(2)
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¾
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Supplemental Indenture No. 1 dated as of May 19, 2003 between the Company and the
Trustee (incorporated by reference to Exhibit 4.2 to the Companys Current Report on
Form 8-K dated May 19, 2003). |
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(d)(3)
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¾
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Supplemental Indenture No. 6, dated as of August 23, 2005, between the Company and
the Trustee (incorporated by reference to Exhibit 4(g)(7) to the Companys Form 10-K
for the year ended December 31, 2005). |
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(g)
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Not applicable. |
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(h)
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Not applicable. |
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Previously filed as an exhibit to the Schedule TO filed on April 17, 2008. |
ITEM 13. Information Required by Schedule 13E-3.
Not
applicable.
2
SIGNATURE
After due inquiry and to the best of my knowledge and belief, I certify that the information
set forth in this statement is true, complete and correct.
Dated: April 25, 2008
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CENTERPOINT ENERGY, INC.
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By: |
/s/
Walter L. Fitzgerald |
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Walter L. Fitzgerald |
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Senior Vice President and Chief Accounting Officer |
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INDEX TO EXHIBITS
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(a)(1)(A)*
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¾
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Company Notice to the Holders of CenterPoint Energy, Inc. 3.75% Convertible Senior
Notes due 2023 and 3.75% Convertible Senior Notes, Series B due 2023, dated April 17,
2008. |
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(a)(1)(B)*
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¾
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Form of Purchase Notice. |
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(a)(1)(C)*
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¾
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Form of Notice of Withdrawal. |
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(a)(1)(D)*
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¾
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Substitute Form W-9. |
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(a)(1)(E)*
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¾
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Guidelines for Certification of Taxpayer Identification Number on Substitute Form W-9. |
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(a)(1)(F)
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¾
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The description of the Old Notes and the Indenture set forth under the caption
Description of the Notes in the Companys prospectus dated December 4, 2003. |
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(a)(1)(G)
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¾
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The description of the New Notes and the Indenture set forth under the caption
Description of the New Notes in the Companys prospectus dated July 19, 2005. |
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(a)(5)(A)*
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¾
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Company Press Release dated April 16, 2008. |
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(a)(5)(B)*
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¾
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Company Press Release dated April 17, 2008. |
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(a)(5)(C)*
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¾
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Notice of Redemption. |
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(a)(5)(D)
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¾
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Company Press Release dated April 25, 2008. |
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(a)(5)(E)
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¾
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Notice of Dividend Declaration Resulting in Conversion Rate Adjustment. |
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(b)
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¾
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$1,200,000,000 Second Amended and Restated Credit Agreement dated as of June 29,
2007, among the Company, Citibank, N.A., as Syndication Agent, Barclays Bank PLC,
Bank of America, National Association and Credit Suisse, Cayman Islands Branch, as
Co-Documentation Agents, JPMorgan Chase Bank, N.A., as Administrative Agent,
J.P. Morgan Securities Inc. and Citigroup Global Markets Inc., as Joint Lead
Arrangers and Bookrunners, and the banks named therein (incorporated by reference to
Exhibit 4.3 to the Companys Form 10-Q for the quarter ended June 30, 2007). |
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(d)(1)
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¾
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Indenture, dated as of May 19, 2003, between the Company and the Trustee
(incorporated by reference to Exhibit 4.1 to the Companys Current Report on Form 8-K
dated May 19, 2003). |
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(d)(2)
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¾
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Supplemental Indenture No. 1 dated as of May 19, 2003 between the Company and the
Trustee (incorporated by reference to Exhibit 4.2 to the Companys Current Report on
Form 8-K dated May 19, 2003). |
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(d)(3)
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¾
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Supplemental Indenture No. 6, dated as of August 23, 2005, between the Company and
the Trustee (incorporated by reference to Exhibit 4(g)(7) to the Companys Form 10-K
for the year ended December 31, 2005). |
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(g)
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¾
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Not applicable. |
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(h)
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¾
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Not applicable. |
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* |
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Previously filed as an exhibit to the Schedule TO filed on April 17, 2008. |
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exv99wa5wd
Exhibit (a)(5)(D)
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For more information contact
Media:
Leticia Lowe
Phone 713.207.7702
Investors:
Marianne Paulsen
Phone 713.207.6500 |
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For Immediate Release
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Page 1 of 2 |
CenterPoint Energy Announces Adjustment to Conversion
Rate of 3.75 Percent Convertible Senior Notes Due 2023
HOUSTON April 25, 2008 CenterPoint Energy, Inc. (NYSE: CNP) today announced that the
conversion rate of its 3.75 percent Convertible Senior Notes due 2023 (Old Notes) and 3.75 percent
Convertible Senior Notes, Series B due 2023 (New Notes) will be increased as a result of the April
24 declaration of CenterPoint Energys regular quarterly cash dividend, payable on June 10, 2008,
to shareholders of record as of the close of business on May 16, 2008. Under the terms of the
indenture governing the notes, the increased conversion rate will be determined on May 13, 2008.
Notice specifying the new conversion rate will be provided to holders on or after May 13, 2008.
Holders of the Old Notes who submit Old Notes for conversion and otherwise satisfy the
conversion requirements of the Old Notes on or after May 19, 2008 will be entitled to the increased
conversion rate. Holders of the New Notes who submit New Notes for conversion and otherwise satisfy
the conversion requirements of the New Notes on or after May 2, 2008 will be entitled to the
increased conversion rate.
On April 16, 2008, CenterPoint Energy announced the planned redemption of the notes on May 30,
2008 (Redemption Date). The redemption price will be $1,000 in cash plus accrued and unpaid
interest, including contingent interest, if any, to the Redemption Date. On April 17, 2008,
CenterPoint Energy announced that holders of the notes will have the option to require CenterPoint
Energy to purchase their notes on May 15, 2008 (Purchase Date) at a purchase price of $1,000 in
cash plus accrued and unpaid interest to the Purchase Date. The details of the redemption and the
option are provided in the communications related thereto. These communications also provide
additional details regarding the conversion of the notes.
This press release is for informational purposes only and does not constitute an offer to buy or
the solicitation of an offer to sell any notes. The tender offer is being made
only pursuant to the Company Notice dated April 17, 2008, and the related materials that
CenterPoint Energy has distributed to note holders through the Depository Trust Company and filed
with the Securities and Exchange Commission. Note holders are encouraged to carefully read these
documents, as revised by the amendments thereto filed with the Securities and Exchange Commission
on the date hereof, before deciding whether to exercise their option to require CenterPoint Energy
to purchase their notes as these documents contain important information regarding the details of
CenterPoint Energys obligation to purchase the notes. Holders of the notes and other interested
parties may obtain a free copy of these documents at the
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For more information contact
Media:
Leticia Lowe
Phone 713.207.7702
Investors:
Marianne Paulsen
Phone 713.207.6500 |
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For Immediate Release
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Page 2 of 2 |
Securities and Exchange Commissions Web site, www.sec.gov, at the companys Web site,
www.CenterPointEnergy.com, or from CenterPoint Energy, Inc. at 1111 Louisiana, Houston, Texas
77002, Attn: Investor Relations. Note holders are encouraged to read these materials carefully
prior to making any decision with respect to the purchase option.
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, interstate pipelines and field services operations. The company
serves more than five million metered customers primarily in Arkansas, Louisiana, Minnesota,
Mississippi, Oklahoma, and Texas. Assets total over $17 billion. With about 8,600 employees,
CenterPoint Energy and its predecessor companies have been in business for more than 130 years. For
more information, visit CenterPoint Energys Web site at 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 financial
performance and results of operations and other statements that are not historical facts are
forward-looking statements. Factors that could affect actual results include the timing and
outcome of appeals from the true-up proceedings, the timing and impact of future regulatory,
legislative and IRS decisions, effects of competition, weather variations, changes in CenterPoint
Energys or its subsidiaries business plans, financial market conditions, the timing and extent of
changes in commodity prices, particularly natural gas, the impact of unplanned facility
outages, and other factors discussed in CenterPoint Energys and its subsidiaries Form 10-Ks
for the period ended December 31, 2007, and other filings with the Securities and Exchange
Commission.
exv99wa5we
Exhibit (a)(5)(E)
NOTICE OF DIVIDEND DECLARATION
RESULTING IN CONVERSION RATE ADJUSTMENT
To the Holders of
3.75% Senior Notes due 2023 and
3.75% Senior Notes, Series B due 2023
of
CENTERPOINT ENERGY, INC.
NOTICE IS HEREBY GIVEN pursuant to the provisions of Section 811 of Supplemental Indenture
No. 1 dated as of May 19, 2003 (Supplemental Indenture No. 1), under which the 3.75% Senior Notes
due 2023 were issued, and Supplemental Indenture No. 6 dated as of August 23, 2005 (Supplemental
Indenture No. 6 and, together with Supplemental Indenture No. 1, the Supplemental Indentures),
under which the 3.75% Senior Notes, Series B due 2023 were issued, by and between CenterPoint
Energy, Inc., a Texas corporation (CNP), and The Bank of New York Trust Company, National
Association (successor to JPMorgan Chase Bank), as Trustee (the Trustee), which supplement the
Indenture dated as of May 19, 2003 by and between CNP and the Trustee, that CNP has declared a
dividend on its common stock, par value $0.01 per share, that will require an adjustment to the
Conversion Rate (as defined in the Supplemental Indentures) pursuant to Section 806 of the
Supplemental Indentures. The dividend is payable on June 10, 2008 to shareholders of record as of
the close of business on May 16, 2008. The adjustment to the Conversion Rate will be effective on
May 19, 2008. Notice of the adjusted Conversion Rate will be sent promptly on or after such date.
This Notice is being mailed to each holder of notes of record as of the close of business on
April 24, 2008.
Dated: April 25, 2008