News Release
September 15, 2003

DUKE ENERGY PRESIDENT AND COO FRED FOWLER WILL SPEAK AT RBC CAPITAL MARKETS NORTH AMERICAN ENERGY & POWER CONFERENCE TUESDAY

CHARLOTTE, N.C. – Duke Energy today announced that President and Chief Operating Officer Fred Fowler will speak at the RBC Capital Markets 2003 North American Energy & Power Conference at 10:55 a.m. (CT) on Tuesday, Sept. 16, 2003, in Houston.

A copy of the slide presentation will be available on Duke Energy’s investors Web site at http://www.duke-energy.com/investors/. Fowler’s presentation will also be audio cast live at Duke Energy’s investors Web site and archived for 30 days.

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
e-mail: thfrancisco@duke-energy.com