News Release
Sept. 20, 1999

DUKE POWER'S McGUIRE NUCLEAR STATION SETS COMPANY RECORD

CHARLOTTE, N.C. -- Duke Power's McGuire Nuclear Station Unit 1 has set a company record for continuous operation at 442 days, 17 hours, 15 minutes.

Unit 1 entered a regularly scheduled refueling outage last Friday evening, Sept. 17, marking the first time since July 2, 1998, that the unit has been out of service for Duke Power customers. McGuire unit 1's record betters the old Duke standard, held by Oconee Nuclear Station Unit 2, by more than three days.

"Our employees' focus is always on the safe and reliable operation of both units," Brew Barron, station vice president said, "and this is one way that focus pays off. Their attention to preventive maintenance during our last refueling outage as well as outstanding work over this record run has made this achievement possible."

Barron noted that McGuire unit 1's performance helped the two-unit station produce more than one of every five kilowatt-hours of electricity Duke Power customers used during the unit's 15-month record run.

"I’m proud of everyone here at McGuire," Barron said, "and of the many others in Duke Energy who support our outages and operations. They have accomplished something good for our customers, and they can take a great deal of pride in their work."

McGuire Nuclear Station is a two-unit, 2,200-megawatt nuclear-fueled power plant located on Lake Norman, near Huntersville, N.C. Unit 1 began commercial operation in 1981, and unit 2 began commercial operation in 1984.

Duke Power, a business unit of Duke Energy, is one of the nation’s largest electric utilities and provides safe, reliable, competitively priced electricity to nearly two million customers in North Carolina and South Carolina. Duke Power operates three nuclear generating stations, eight coal-fired stations, 31 hydroelectric stations and numerous combustion turbine units. Total system capability is 19,252 megawatts.

Duke Energy (NYSE-DUK) is a global energy company with more than $29 billion in assets. Headquartered in Charlotte, N.C., the company reaches into more than 50 countries, producing energy, transporting energy, marketing energy and providing energy services. In the United States, Duke Energy companies provide electric service in North Carolina and South Carolina; operate interstate pipelines that deliver natural gas to various regions of the country; and are leading marketers of electricity, natural gas and natural gas liquids. Additional information about the company is available on the Internet at: www.duke-energy.com.

Contact: Joe Maher
Phone: (704) 382-8323
24 Hour Phone: (704) 382-8333
Email: jmaher@duke-energy.com