News Release
Sept. 21, 2000

DUKE ENERGY EMPLOYEE MURRAY NIXON RECEIVES 1999 PINNACLE AWARD

CHARLOTTE, N.C. – Miriam (Murray) K. Nixon, an information technology project manager for Duke Energy North America (DENA), was presented a 1999 Pinnacle Award today by Duke Energy Chairman, President and Chief Executive Officer Richard B. Priory in ceremonies at the Charlotte Convention Center. The Pinnacle Award annually recognizes Duke Energy employees for outstanding contributions to the company’s business success.

Nixon led the design and implementation of the first real-time performance and cost-monitoring system in North America.

The computer system gathers all pricing, cost and power supply data from DENA’s merchant power plants and makes it immediately available online to other DENA personnel through an Internet browser. It has improved DENA’s ability to accurately assess quantities of electricity available for the open market, which improves the company’s ability to help maintain the stability of the regional power grid and deliver on commitments. The system has provided DENA opportunities to become a key player in areas of the country going through deregulation, where reliable power generating resources are scarce.

Nixon’s extensive knowledge of the merchant generation commercial market enabled her to take a visionary approach to crafting the fundamental system requirements. Designed to be flexible, the real-time system can be modified and expanded to other Duke Energy business units.

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: Danny Gibbs
Phone: 704/373-6680
24 Hour Phone: 704/382-8333
Email: dpgibbs@duke-energy.com