Reliant Energy, Inc. Extends Consent Solicitation With Respect to Its Senior Secured Notes and Pennsylvania Economic Development Financing Authority Bonds

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Reliant Energy, Inc. Extends Consent Solicitation With Respect to Its Senior Secured Notes and Pennsylvania Economic Development Financing Authority Bonds

    HOUSTON, Oct. 11 /PRNewswire-FirstCall/ -- Reliant Energy, Inc.
announced today that it has extended the expiration date for its consent
solicitation relating to:
     *  Three series of its outstanding Senior Secured Notes (collectively,
        the "Notes"):

        *  9.25% Senior Secured Notes due 2010;

        *  9.50% Senior Secured Notes due 2013; and

        *  6.75% Senior Secured Notes due 2014; and

     *  Five series of Pennsylvania Economic Development Financing Authority's

        outstanding Exempt Facilities Revenue Bonds (Reliant Energy Seward,
        LLC Project) (collectively, the "Bonds"):

        *  Series 2001A;

        *  Series 2002A;

        *  Series 2002B;

        *  Series 2003A; and

        *  Series 2004A.
    The expiration date has been extended to 5 p.m., EDT, on Wednesday,
October 18, 2006, unless further extended or the consent solicitation is
terminated by Reliant Energy.
    The detailed terms and conditions of the consent solicitation are
contained in a consent solicitation statement dated July 26, 2006, and a
supplement dated August 28, 2006 to the consent solicitation statement.
Except for the extension of the expiration date, all terms and conditions
of the consent solicitation, as supplemented, are unchanged and remain in
full force and effect.
    This announcement is for informational purposes only and does not
constitute a solicitation of consents. Requests for documents may be
directed to Global Bondholder Services Corporation, the Information Agent,
by telephone at (866) 873-6300 (toll free) or (212) 430-3774. Questions
regarding the consent solicitation may be directed to Goldman, Sachs & Co.,
the Solicitation Agent, at (800) 828-3182 (toll-free) or (212) 902-0041.
    Reliant Energy, Inc. (NYSE: RRI) based in Houston, Texas, provides
electricity and energy services to retail and wholesale customers in the
United States. In Texas, the company provides service to approximately 1.9
million retail electricity customers, including residential and small
business customers and commercial, industrial, governmental and
institutional customers. Reliant also serves commercial, industrial,
governmental and institutional customers in the PJM (Pennsylvania, New
Jersey and Maryland) market.
    The company is one of the largest independent power producers in the
nation with approximately 16,000 megawatts of power generation capacity in
operation across the United States. These strategically located generating
assets utilize natural gas, fuel oil and coal. For more information, visit
http://www.reliant.com/corporate .

SOURCE Reliant Energy, Inc.

http://www.reliant.com/corporate
CONTACT:
investors, Dennis Barber, +1-713-497-3042, or
media, Pat Hammond, +1-713-497-7723, both of Reliant Energy, Inc.