News Release
Feb. 10, 1999

DUKE POWER PLANT PASSES YEAR 2000 TEST

CHARLOTTE, N.C. – At Duke Power’s Cliffside Steam Station in Rutherford County, North Carolina, the Year 2000 has already happened.

In late December 1998, Duke Power, the electric operations business unit of Duke Energy, turned controls and plant information systems forward at two units of the 760-megawatt coal-fired power plant to test further its Year 2000 work. No Year 2000 problems occurred at either unit. The test was done to validate the inventorying, assessment and remediation work and the initial testing that station employees have completed.

"This test confirms our belief that we can generate electricity without interruptions caused by Year 2000 problems," said Richard J. Osborne, Duke Energy chief financial officer and corporate sponsor of the Year 2000 Readiness Program.

The Year 2000 computer issue, or Y2K, refers to the computer programming practice of using two digits to represent a year. 1963, for example, was 63. Unless addressed, computers and embedded chips may recognize "00" as the year 1900 instead of 2000 and fail to operate as expected.

"We are on the final lap of our Year 2000 Readiness Program," said Sally Whitney, Duke Energy’s Year 2000 program director. "Our business units have essentially completed the first two phases of our program – inventory and assessment – and are concentrating on the third phase, remediation. This phase consists of replacing, repairing or retiring systems with Year 2000-related sensitivities followed by testing. We have already completed remediation of many systems and are well on our way to achieving Year 2000 readiness by June 1999."

Domestically and internationally, the corporation’s Year 2000 efforts are approximately 77 percent complete. In addition to remediation, the company is concentrating on contingency planning – which addresses unanticipated events that may occur with the date change – and monitoring Year 2000 readiness of key business associates, including external service providers and vendors.

"Since 1996, we have invested significant resources to address the Year 2000 issue effectively and efficiently," Whitney said. "As many as 200 Duke Energy employees and contractors have been dedicated full-time to addressing the issue. Approximately $65 million has been committed to cover the program’s cost. As our Year 2000 program is systematic and comprehensive, we anticipate business as usual on Jan. 1. Our goal is to continue to provide energy services reliably and safely on New Year’s Day 2000 and every day."

Information about the company’s Year 2000 program may be found on the Internet Web site at http://www.duke-energy.com/year2000.

Media Fact Sheet

Duke Energy Year 2000 Program

Major accomplishments for Duke Energy’s Year 2000 Readiness Program include the following:

Contact: Anne Sheffield
Phone: (704) 382-80063
24 Hour Phone: (704) 382-8333
Email: media_relations@duke-energy.com