Media Advisory: Duke Energy to Discuss Gas Transmission Unit and Initial 2006 Outlook During Investors' Chat Dec. 20 - Duke Energy

News Release
Dec. 14, 2005

Media Advisory: Duke Energy to Discuss Gas Transmission Unit and Initial 2006 Outlook During Investors' Chat Dec. 20

CHARLOTTE, N.C. – Duke Energy Gas Transmission President and Chief Executive Officer Martha Wyrsch will discuss the company’s view of the North American gas market and DEGT’s growth opportunities during an investors’ chat on Tuesday, Dec. 20, at 4 p.m. ET.

Also, Duke Energy Chairman of the Board and CEO Paul Anderson will provide the company’s initial 2006 outlook.

Investors and other interested persons can listen to the conference by dialing 800/946-0706, confirmation code 7456775. International callers should use 719/457-2638. Please dial in 10-15 minutes prior to the scheduled start time. In addition, interested parties may see slides and listen to the audio of the conference call by accessing the investors’ section (http://www.duke-energy.com/investors/)of the company’s Web site at: http://www.duke-energy.com. A replay of the conference call will be available through Dec. 29, 2005, midnight ET. The replay number is 888/203-1112, confirmation code 7456775. The international replay number is 719/457-0820, confirmation code 7456775.

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 the Americas. 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