CenterPoint Energy, Inc. -- Moody's corrects the insured rating for CUSIP 57652TAM9 issued by Matagorda County Navigation District Number One (TX)

New York, November 07, 2013 -- Moody's Investors Service has corrected the insured rating for Series 1998B (Non-AMT) US$75 mil 5.15% Revenue Refunding Bonds due November 1, 2029 (CUSIP 57652TAM9) issued by Matagorda County Navigation District Number One (TX) (Houston Industries Incorporated Project) to Baa1 from Baa2. The bonds are guaranteed by the financial guaranty insurance policy provided by National Public Finance Guarantee Corporation (rated Baa1). Due to an internal administrative error, the insured rating for these bonds was downgraded to Baa2 from Baa1 on August 19, 2013 when the underlying rating was upgraded to Baa2. Moody's has now removed the erroneous rating downgrade of the insured rating so that it is aligned with the rating of National Public Finance Guarantee Corporation.

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