




RRI Energy, Inc. (NYSE:RRI) today announced the expiration and final results of its previously announced cash tender offer (the "Tender Offer") to purchase up to $200,000,000 aggregate principal amount of its outstanding 6.75% Senior Secured Notes due 2014 (the "Notes") and Pennsylvania Economic Development Financing Authority's outstanding Exempt Facilities Revenue Bonds (Reliant Energy Seward, LLC Project) Series 2001A, 2002A, 2002B, 2003A and 2004A (the "Bonds"). The Tender Offer expired at 12:00 midnight, New York City time, on October 19, 2009.
$127,565,000 in aggregate principal amount of Notes and $2,085,000 in aggregate principal amount of Bonds were validly tendered and not withdrawn in the Tender Offer. RRI accepted for purchase all Notes and Bonds tendered at purchase prices of $102 per $1,000 principal amount for the Notes and $100 per $1,000 principal amount for the Bonds, which prices were determined pursuant to a modified Dutch auction procedure described in the Offer to Purchase dated September 21, 2009, as supplemented. The Company expects settlement of the tender offer to occur on October 21, 2009.
Deutsche Bank Securities Inc. served as the dealer manager for the Tender Offer and Global Bondholder Services Corporation served as the Information Agent and Depositary for the Tender Offer.
About RRI Energy, Inc.
RRI Energy, Inc. (NYSE:RRI), based in Houston, provides electricity to wholesale customers in the United States. The company is one of the largest independent power producers in the nation with more than 14,000 megawatts of power generation capacity across the United States. These strategically located generating assets use natural gas, fuel oil and coal. For more information, visit http://www.rrienergy.com. RRI routinely posts all important information on its investor page at this Web site.
This news release contains "forward-looking statements." Forward-looking statements are statements that contain projections, estimates or assumptions about our revenues, margins, capital structure and other financial items, and plans and objectives for future operations or about our future economic performance, economic and market conditions, possible transactions and dispositions, financings or offerings. In many cases you can identify forward-looking statements by terminology such as "anticipate," "estimate," "believe," "continue," "could," "intend," "may," "plan," "potential," "predict," "should," "will," "expect," "objective," "projection," "forecast," "goal," "guidance," "outlook," "effort," "target" and other similar words. However, the absence of these words does not mean that the statements are not forward-looking.
Actual results may differ materially from those expressed or implied by forward-looking statements as a result of many factors or events, including, but not limited to, legislative, regulatory and/or market developments, the outcome of pending lawsuits, governmental proceedings and investigations, the effects of competition, financial and economic market conditions, access to capital, the timing and extent of changes in commodity prices and interest rates, weather conditions and other factors we discuss or refer to in the "Risk Factors" section of our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission.
Each forward-looking statement speaks only as of the date of the particular statement and we undertake no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.



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