Reliant Energy's regulated operations, which will be called CenterPoint Energy upon completion of the company's restructuring, will be presented at the Banc of America Securities Energy & Power Conference, on Tuesday, June 18, 2002 by David M. McClanahan, who will be CenterPoint Energy's president and chief executive officer.

The live webcast of the presentation will begin at approximately 8:00 a.m. Eastern time. You are invited to access the presentation on the Internet at http://www.reliantenergy.com/ , in the Investors section. A replay of the presentation will be available approximately twenty-four hours after the live webcast.

CenterPoint Energy will include primarily the regulated businesses of electric transmission and distribution, natural gas distribution, pipelines and gathering, and 14,000 megawatts of power generation in Texas. It will be the country's second largest combined electricity and natural gas delivery company with almost 5 million metered customers.

Reliant Energy , based in Houston, Texas, is an international energy services and energy delivery company. The company has nearly 31,000 megawatts of power generation in operation in the U.S. as well as wholesale trading and marketing operations and nearly 3,500 megawatts of power generation in Western Europe. Reliant Energy's retail marketing and distribution operations serve approximately four million electricity and natural gas customers in the U.S. More information on Reliant Energy can be found on its web site at http://www.reliantenergy.com/ .

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SOURCE: Reliant Energy