News Release
June 11, 2004

MEDIA ADVISORY: DUKE ENERGY CFO TO ADDRESS DEUTSCHE BANK CONFERENCE ON JUNE 14

CHARLOTTE, N.C. – David Hauser, chief financial officer of Duke Energy, will address the Deutsche Bank 2004 Electric Power Conference on Monday, June 14, 2004. The presentation is scheduled to start at noonET. The event will also be webcast.

Investors and other interested persons can listen to the conference by accessing the investors’ section (http://www.duke-energy.com/investors/) of the company’s Web site at:  http://www.duke-energy.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. 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