News Release
Feb. 17, 2003

DUKE ENERGY WILL RESPOND TO REQUEST FOR DOCUMENTS

CHARLOTTE, N.C. – Duke Energy said that it has received a Western District of North Carolina Grand Jury subpoena for documents related to last year’s audit by North Carolina and South Carolina utilities commissions of Duke Power’s regulatory reporting from 1998 to 2000.

 

The company received the subpoena Friday afternoon. The company said it would fully cooperate with the inquiry, as it has with previous reviews of this issue by the state commissions.

 

Duke Energy’s full response to the state commissions, filed in August 2001 after an exhaustive internal review of the issue, is available on the company’s Web site, www.duke-energy.com through this link, click here.

 

Duke Energy is a diversified multinational energy company with an integrated network of energy assets and expertise. The company manages a dynamic portfolio of natural gas and electric supply, delivery and trading businesses – meeting the energy needs of customers throughout North America and in key markets around the world. Duke Energy, headquartered in Charlotte, N.C., is a Fortune 500 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: Tom Williams
Phone: 704/373-4743
24 Hour Phone: 704/382-8333
Email: tcwillia@duke-energy.com