MEDIA ADVISORY: DUKE ENERGY AND CINERGY TO HOST ANALYST MEETING ON SEPT. 15; EVENT TO BE WEBCAST - Duke Energy

News Release
September 12, 2005

MEDIA ADVISORY: DUKE ENERGY AND CINERGY TO HOST ANALYST MEETING ON SEPT. 15; EVENT TO BE WEBCAST

CHARLOTTE, N.C. and CINCINNATI – Top executives from Duke Energy and Cinergy will update the financial community on the companies’ planned merger during an analyst meeting in Charlotte on Thursday, Sept. 15, 2005.

Both Duke Energy chairman of the board and chief executive officer Paul M. Anderson and James E. Rogers, chairman and chief executive officer of Cinergy, will present, as will Duke Energy’s David Hauser, group vice president and chief financial officer, and Tom O’Connor, group vice president and integration executive.   

A live webcast of the presentation will begin at approximately 1 p.m. ET and will include accompanying slides. It will be available via the investors' section of both companies at:  http://www.duke-energy.com/investors/ and http://cinergy.com/Investors/default.asp.  A replay of the presentation will be available immediately thereafter. The presentation may include certain non-GAAP financial measures as defined under Securities and Exchange Commission rules. In such event, a reconciliation of those measures to the most directly comparable GAAP measures will be available at:  http://www.duke-energy.com/investors/publications/gaap.

Corporate Profiles
Cinergy has a balanced, integrated portfolio consisting of two core businesses: regulated operations and commercial businesses. Cinergy’s integrated businesses make it a Midwest leader in providing both low-cost generation and reliable electric and gas service. More information about the company is available on the Internet at: http://www.cinergy.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 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: Duke Energy Media Contact: Randy Wheeless
Phone: 704/382-8379
24-Hour Phone: 704/382-8333
e-mail: crwheele@duke-energy.com
Contact: Cinergy Media Contact: Steve Brash
Phone: 513/287-2226
24-Hour Phone: n/a
e-mail: steve.brash@cinergy.com