News Release
Nov. 02, 2001

SGT SELECTED TO REPLACE CALLAWAY STEAM GENERATORS

CHARLOTTE, N.C. -- The Steam Generating Team (SGT) Ltd. has been selected to replace steam generators at AmerenUE’s Callaway nuclear generating plant in Fulton, Mo. SGT is a limited liability company owned jointly by Duke Engineering & Services and Washington Group International Inc. Contract details and the value of the contract are not being disclosed.

SGT will provide project management, engineering, licensing, construction, quality assurance, support services and start-up testing for the steam generator replacement at the 1,235-megawatt Westinghouse-designed plant. Planning and preparations for the steam generator replacement project have begun, and the replacement is scheduled to take place during the fall 2005 outage.

"SGT has emerged as the leading steam generator replacement team in the industry," said Bill Fox, SGT president. "The experience and knowledge of SGT’s professionals continue to deliver quality results while meeting our clients’ scheduling, safety and financial goals for steam generator replacement."

SGT was recently awarded a contract to replace steam generators at Xcel Energy's Prairie Island nuclear plant. SGT has completed steam generator replacements for Consolidated Edison’s  Indian Point Unit 2, Wisconsin Electric Power Company’s Point Beach Unit 2 and Florida Power & Light’s St. Lucie Unit 1. The firm is currently under contract to replace steam generators at Constellation’s Calvert Cliffs units 1 and 2 and Duke Power’s Oconee Nuclear Station units 1, 2 and 3.

Washington Group International Inc. is an international engineering and construction firm with more than 30,000 employees at work in more than 35 countries. The company offers a full life-cycle of services as a preferred provider of premier science, engineering, construction, program management and development in 14 major markets: energy, environmental, government, heavy-civil, industrial, mining, nuclear-services, operations and maintenance, petroleum and chemicals, process, pulp and paper, telecommunications, transportation, and water-resources. Washington Group International is headquartered in Boise, Idaho. More information about the company is available on the Internet at: www.wgint.com.

Duke Engineering is an independently operated business affiliate of Duke Energy, headquartered in Charlotte, N.C. Duke Engineering specializes in energy and environmental projects and provides full-scope engineering, technical and professional services to clients around the world. Duke Engineering's nuclear group provides comprehensive design, engineering, procurement, construction management, retrofit, plant life extension, operations support, efficiency management and full life-cycle maintenance services, including spent fuel storage design and management.

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 more than $49 billion in 2000. 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: Phillip Carter
Phone: 704/382-3409
24 Hour Phone: 704/382-8333
Email: pcarter@dukeengineering.com