News Release
Oct. 19, 2000

DUKE ENERGY: WIRED STOCK TALK SET FOR OCT. 25

CHARLOTTE, N.C. – Current and potential investors of Duke Energy will get a chance to interact with top executives via the Internet as the company rolls out its Wired Stock Talk on Wednesday, Oct. 25.

The event, scheduled for 7:30 p.m. EDT, will feature a presentation from the company on its strategy and recent earnings report – followed by a live interactive question and answer session.

"Whether an investor has a million shares or one hundred, everyone is interested in following their investments," said Sue Becht, vice president of investor relations. "Duke Energy is committed to communicating to all interested investors – from someone who might become a small shareholder to the head of the largest mutual fund."

Becht and Richard Osborne, executive vice president, chief risk officer and chief financial officer, will conduct the session from the company’s headquarters in Charlotte. They will make a brief presentation and spend the remainder of the time responding to questions submitted by Internet participants.

"We want to talk about what’s on peoples’ minds," said Becht.

Those interested in the Wired Stock Talk can visit the "Investor" section of the Duke Energy Web site at www.duke-energy.com and make sure they have the proper technical support to hear and see the presentation.

Duke Energy, a diversified multinational 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: Randy Wheeless
Phone: 704-382-8379
24 Hour Phone: 704-382-8333
Email: crwheele@duke-energy.com