News Release
July 07, 2003

MEDIA ADVISORY: DUKE ENERGY SECOND QUARTER 2003 EARNINGS ANNOUNCEMENT SCHEDULE AND WEBCAST INFORMATION

CHARLOTTE, N.C. – Duke Energy will announce its second quarter 2003 earnings results at approximately 7 a.m. ET on Wednesday, July 30, 2003.

An earnings conference call for analysts is scheduled for 10 a.m. ET on Wednesday, July 30. The conference call can be accessed via the investors' section of Duke Energy’s Web site or by dialing 800/946-0786 in the United States or 719/457-2662 outside the United States. The confirmation code is 159448. Please call in five to 10 minutes prior to the scheduled start time. A replay of the conference call will be available by dialing 888/203-1112 with a confirmation code of 159448. The international replay number is 719/457-0820, confirmation code 159448. A replay and transcript also will be available by accessing the investors' section of the company’s Web site.

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: Terry Francisco
Phone: 704/373-6680
24 Hour Phone: 704/382-8333
Email: thfrancisco@duke-energy.com