News Release
Sept. 30, 1999

DUKE ENERGY EMPLOYEE RONNIE R. CAMPBELL RECEIVES 1998 PINNACLE AWARD

CHARLOTTE, N.C. -- Duke Energy CEO and President Rick Priory presented a 1998 Pinnacle Award to Ronnie R. Campbell, manager, fossil stations, Allen Steam Station, Riverbend Steam Station and Lincoln Combustion Turbine Station, at a luncheon on Thursday, Sept. 30, at the Charlotte Hilton at University Place. The Pinnacle Award recognizes Duke Energy employees for outstanding contributions to the company’s business success.

Campbell’s innovative recommendation to install ammonia-conditioning systems on the precipitators at Belews Creek Steam Station resulted in substantial cost savings to the company. The $868,000 systems saved Duke Energy the expense of an $80 million purchase of new replacement precipitators. The systems became fully operational in July 1998.

In addition to the large installation savings, this project resolved opacity restrictions. Opacity is an indication of ash emissions from the stacks. In the past, these restrictions had caused the station to lose approximately $10 million in lost generation of electricity. This was an excellent business decision that provided an innovative and effective technical solution at significant cost savings.

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 to approximately two million customers 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: Bryant Kinney
Phone: (704) 382-2208
24 Hour Phone: (704) 382-8333
Email: jbkinney@duke-energy.com