News Release
December 01, 2004

MEDIA ADVISORY: DUKE ENERGY GAS TRANSMISSION PRESIDENT AND CEO TOM O'CONNOR TO SPEAK AT WACHOVIA PIPELINE CONFERENCE

CHARLOTTE, N.C. – Duke Energy today announced that Tom O'Connor, Duke Energy Gas Transmission president and chief executive officer, will speak at the 3rd Annual Wachovia Pipeline Conference and Symposium in New York at 9 a.m. ET on Dec. 7, 2004.

O'Connor’s presentation will be available live by webcast along with accompanying slides on Duke Energy’s investors Web site at www.duke-energy.com/investors/. A replay of the presentation will be available shortly thereafter.

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. In 2004, the company celebrates a century of service with the 100th anniversary of its electric utility Duke Power. 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: http://www.duke-energy.com.

Contact: Randy Wheeless
Phone: 704/382-8379
24-Hour Phone: 704/382-8333
e-mail: crwheele@duke-energy.com