News Release
Jan. 16, 2001

MEDIA ADVISORY: DUKE ENERGY FOURTH QUARTER AND YEAR 2000 EARNINGS ANNOUNCEMENT SCHEDULE

CHARLOTTE, N.C. – Duke Energy will announce its fourth quarter and overall year 2000 earnings results after 4 p.m. ET on Thursday, Jan. 18.

An earnings conference call is scheduled for 10 a.m. ET on Friday, Jan. 19. Richard B. Priory, Duke Energy’s chairman, president and chief executive officer and Richard J. Osborne, chief risk officer, will discuss highlights.

The conference call can be accessed via Duke Energy’s Web site at http://www.duke-energy.com or by dialing 800/946-0782 in the United States or 719/457-2657 outside the United States. The confirmation code is 452479. Please call in 5-10 minutes prior to the scheduled start time.

A replay of the conference call will be available through Wednesday, Jan. 31, by dialing 888/203-1112 with a confirmation code of 452479. The international replay number is 719/457-0820, confirmation code 452479.

A replay also will be available on Duke Energy’s Web site by accessing the "investors" tab.

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