News Release
March 02, 2000

DUKE/FLUOR DANIEL WINS CONTRACT TO OPERATE AND MAINTAIN MAINE POWER PLANT

CHARLOTTE, N.C -- Duke/Fluor Daniel (D/FD) announced today it has been awarded a five-year contract by Duke Energy North America (DENA) to provide operating plant services for DENA's Maine Independence Station, a 520-megawatt, natural gas-fired, combined-cycle power plant under construction in Penobscot County, Maine, near Veazie.

D/FD will be responsible for development of plant procedures, staffing and management of the operations and maintenance of the Maine plant. Staffing is in progress, and the plant is expected to employe about 20 when fully operational this summer. D/FD previously was awarded the engineering, procurement and construction contract in 1998.

"D/FD is providing operating plant services to other facilities in the United States," said Ted Rosiak Jr., vice president of operating plant services. "The success of these facilities depends on high reliability and efficient, low-cost operations. We’re pleased that Duke/Fluor Daniel was able to win this contract."

Duke Energy North America (DENA), a unit of Duke Energy, is a premier developer, owner and manager of a portfolio of merchant wholesale electric generation projects and facilities throughout the United States.

Duke/Fluor Daniel, formed in 1989 by Duke Energy and Fluor Daniel, provides comprehensive engineering, procurement, construction and operating plant services for fossil-fueled electric power generation facilities worldwide.

Duke Energy, a diversified multi-national energy company, creates value for customers and shareholders through an integrated network of energy assets and expertise. Duke Energy manages a dynamic portfolio of natural gas and electric supply, delivery and trading businesses -- generating revenues of nearly $22 billion in 1999. Duke Energy, headquartered in Charlotte, N.C., is a Fortune 100 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available on the Internet at: www.duke-energy.com.

Fluor Daniel is the engineering, procurement and construction unit of Fluor Corporation (NYSE:FLR). In 1999 Fluor Corp. revenues were $12.4 billion. Additional information on Fluor Corp. is available on the Internet at: www.fluor.com.

Contact: Keith Karpe (Fluor Corporation)
Phone: 949-349-7661
24 Hour Phone: 704-382-8333
Email: media_relations@duke-energy.com
Contact: Kate Perez (Duke Energy)
Phone: 713-627-6527
24 Hour Phone: 704-382-8333
Email: kcperez@duke-energy.com