Filed Pursuant to Rule 433

Registration No. 333-138510

November 18, 2008

Central Hudson Gas & Electric Corporation


Medium-Term Notes, Series F


$30,000,000 6.854% due November 1, 2013


Amended Term Sheet *


* Term Sheet, Dated November 13, 2008 has been amended solely to reflect a revised CUSIP number



Central Hudson Gas & Electric Corporation


Market Type:

Senior Unsecured MTN





Principal Amount:



Trade Date:

November 13, 2008


Settlement Date:

November 18, 2008


Final Maturity:

November 1, 2013


Interest Payment Dates:

May 1 and November 1, and at maturity


1st Coupon Payment Date:

May 1, 2009





US Treasury Benchmark:

UST 2.75% due October 31, 2013


US Treasury Yield:



Business day convention:



Re-offer Price:







$1,000 x $1,000



Joint Bookrunners:

Banc of America Securities LLC



J.P. Morgan Securities Inc.



KeyBanc Capital Markets Inc.



CUSIP: 15361G AT2


The security ratings above are not a recommendation to buy, sell or hold the securities hereby. The ratings may be subject to revision or withdrawal at any time by Moody's Investors Service, Standard & Poor's Ratings Services and Fitch Ratings. Each of the security ratings above should be evaluated independently of any other security rating.


The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-294-1322 at Banc of America Securities LLC, 1- 212-834-4533 at J.P. Morgan Securities Inc., and 1-866-227-6479 at KeyBanc Capital Markets Inc.