News Release
Oct. 05, 2001

DUKE ENERGY VOLUNTEERS TO CREATE NEW OYSTER REEF AND MARSH HABITAT FOR GALVESTON BAY

Company’s successes in Northeast U.S. restoration projects lead to Texas partnership

HOUSTON – More than 50 Duke Energy volunteers will help construct an oyster reef and plant native marsh grass as part of the Galveston Bay Foundation Reef Roundup Event on Saturday, Oct. 6, from 9 a.m. until 2 p.m. A special ribbon cutting at 12:30 p.m. will officially open the new oyster reef at Sweetwater Marsh, Galveston Bay.

The reef construction and native grass planting will encourage marsh habitat growth in Galveston Bay. The reef will act as a wave barrier, making it possible for the marsh to become well established and prevent further shore erosion. In addition to the construction and planting projects, volunteers and their families will celebrate the event with educational activities, environmental games, bird watching and a special luncheon.

"This Duke Energy volunteer effort with the Galveston Bay Foundation marks the first step in establishing the Corporate Wetlands Restoration Partnership (CWRP) in Texas," said Emilio de Cardenas, director of the company’s environment, health and safety department in Houston. "We’ll build on successful alliances the CWRP developed in Maine and Massachusetts to improve the coastal wetland environment along the Gulf Coast. To advance future corporate recruiting efforts, we will use this as an example of the types of restoration projects that can be supported through this partnership."

The Galveston Bay Foundation Reef Roundup Event is the inaugural project for the Texas chapter of the CWRP. Duke Energy is the lead corporation in the Gulf Coast region, as well as in the Texas chapter of CWRP. The CWRP is a voluntary public-private partnership in which corporations join forces with federal and state agencies to restore wetlands and other aquatic habitats. Qualifying projects may receive matching federal funds to further enhance the success of the projects. Additional partnership events to promote sponsorship of environmental improvement projects in Texas and other Gulf Coast states will take place in the coming year. For more information on the CWRP, visit www.coastalamerica.com/text/cwrp.html.

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: Keith Schmidt
Phone: (713)627-4415
24 Hour Phone: (704)382-8333
Email: krschmidt@duke-energy.com