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America’s Premier Power Generation Company
... Creating Power for a Sustainable Future

Calpine Clarifies SEC Filing

08/13/2008
HOUSTON & SAN JOSE, Calif., Aug 13, 2008 (BUSINESS WIRE) -- Calpine Corporation (NYSE:CPN) filed yesterday with the Securities and Exchange Commission a Form S-3 Registration Statement. The registration statement was required to be filed after the Company's successful emergence from bankruptcy pursuant to a registration rights agreement entered into in connection with the Company's plan of reorganization.

About Calpine

Calpine Corporation is helping meet the needs of an economy that demands more and cleaner sources of electricity. Founded in 1984, Calpine is a major U.S. power company, currently capable of delivering nearly 24,000 megawatts of clean, cost-effective, reliable and fuel-efficient electricity to customers and communities in 18 states in the United States. Calpine owns, leases and operates low-carbon, natural gas-fueled and renewable geothermal power plants. Using advanced technologies, Calpine generates electricity in a reliable and environmentally responsible manner for the customers and communities it serves. Please visit www.calpine.com for more information.

Forward-Looking Statement

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted before the time the registration statement becomes effective absent an applicable exemption from the registration requirements of the Securities Act of 1933, as amended. This notice shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

SOURCE: Calpine Corporation

Calpine Corporation 
Media Relations:
Mel Scott, 713-570-4553
scottm@calpine.com
or
Investor Relations:
Andre Walker, 713-830-8775
andrew@calpine.com