News Release
April 26, 2004

MEDIA ADVISORY: DUKE POWER CAROLINA COMPETITIVENESS FORUM

CHARLOTTE, N.C. -- Duke Power’s Carolina Competitiveness Forum will bring together approximately 300 top North Carolina and South Carolina leaders in business and industry, academia and   the non-profit sector to highlight strategies to enhance regional economic development. The forum is intended to be provocative, test some deeply held beliefs and promote new ideas. It will also kick-off Duke Power’s 100th anniversary celebration.  

The Carolina Competitiveness Forum will be held on Thursday, April 29, and Friday April 30. The media are invited to the following events:

  • 3:00 p.m. to 3:15 p.m., April 29 – A light-hearted media briefing featuring Duke Power founder James Buchanan “Buck” Duke and Duke Power President Ruth Shaw. (Buck Duke died in 1925, but has agreed to return for a guest appearance in honor of Duke Power’s 100th anniversary, which officially begins at the forum.) 
  • 7:15 p.m. to 8:30 p.m., April 29 – Comments at the forum’s centennial dinner by N.C. Governor Mike Easley, S.C. House of Representatives Speaker David Wilkins and Duke Power President Ruth Shaw.
     
  • 8:00 a.m. to 8:50 a.m., April 30 – Forum keynote address by Dr. Kenichi Ohmae, co-founder of McKinsey & Company’s strategic management practice, former director of McKinsey & Company’s Japan operations and author of 50 books.
      
  • 11:30 a.m. to 2:30 p.m., April 30 – Have a boxed lunch and hear the results of “real time” voting from the forum’s following morning breakout sessions:
     
    --  Future Role of Manufacturing in the Carolinas.
    --  Building on the Carolinas Competitive Advantages.
    --  Driver of Economic Development Transformation. 

A question and answer session for the news media will take place at 2 p.m. at the conclusion of the forum. It will feature Duke Power President Ruth Shaw; Dr. Kenichi Ohmae; and luncheon speakers Mark Kent, president and CEO of The Kent Manufacturing Company; Robert Ingram, vice chairman, pharmaceuticals, GlaxoSmithKline; and Linda Hudson, president, General Dynamics Armament and Technical Products.    

All forum media activities will be held at Charlotte’s Omni Hotel, located in uptown Charlotte on the corner of Trade and Tryon streets (132 East Trade Street, 704/377-0400). The location of the activities will be in or nearby the hotel’s grand ballroom.

For more information, contact:  Tom Williams, Duke Power public affairs, at 704/373-4743 or call the 24-hour media line at 704/382-8333 and select option #1.

Duke Power, a business unit of Duke Energy, is one of the nation’s largest electric utilities and provides safe, reliable, competitively priced electricity and value-added products and services to more than 2 million customers in North Carolina and South Carolina. In 2004, Duke Power celebrates 100 years of service. The company operates three nuclear generating stations, eight coal-fired stations, 31 hydroelectric stations and numerous combustion turbine units. Total system generating capability is approximately 19,900 megawatts. More information about Duke Power is available on the Internet at: www.dukepower.com.

Duke Energy is a diversified energy company with a portfolio of natural gas and electric businesses, both regulated and unregulated, and an affiliated real estate company. Duke Energy supplies, delivers and processes energy for customers in North America and selected international markets. Headquartered in Charlotte, N.C., Duke Energy 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
e-mail: tcwillia@duke-energy.com