News Release
March 17, 2000

DUKE ENERGY GAS TRANSMISSION NAMES NEW EXECUTIVE TEAM

HOUSTON - Duke Energy Gas Transmission (DEGT) today named Tom O'Connor, Theopolis Holeman, Dorothy Ables and Richard Kruse to new positions of senior vice presidents. This new market-oriented executive team will report to Robert B. Evans, president of Duke Energy Gas Transmission, and will be responsible for the management of Duke Energy's interstate natural gas pipelines.

"These changes reflect a re-alignment of our organization in a way which will enhance our ability to serve our growing customer base and to create value for Duke Energy," Evans said. "With the addition of East Tennessee Gas Pipeline and new projects such as Buccaneer, we are pleased to promote and recognize the talent in our organization as well as make the appropriate changes needed to serve the market."

Reporting to Evans are the following leadership team members:

Duke Energy Gas Transmission operates 11,400 miles of pipeline through its Texas Eastern Transmission Corporation, Algonquin Gas Transmission Company, East Tennessee Natural Gas Company, and with others, the Maritimes & Northeast Pipeline and the proposed Buccaneer Gas Pipeline Project in Florida.

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.

Contact: Gretchen Krueger
Phone: 713/627-4072
24 Hour Phone: 713/627-4072
Email: gdkrueger@duke-energy.com