Spectra Energy to Kickoff Investor ''Road Show'' on Dec. 11; Meeting to be Webcast
CHARLOTTE, N.C. -- Kicking off a week-long investor "road show," the chairman of Spectra Energy Corp and top management will host an investor meeting on Monday, Dec. 11, 2006, at 7:30 a.m. ET. A live audio Webcast of the kickoff meeting will be available via the Investors section of the Duke Energy Web site at: http://www.duke-energy.com/investors/.
The "road show" is intended to provide additional information to investors regarding Spectra Energy’s business and financial plans once the proposed stand-alone company is spun-off entirely to Duke Energy shareholders, targeted for Jan. 2, 2007.
Participating in Spectra Energy’s kickoff "road show" meeting will be:
On June 28, 2006, Duke Energy announced plans to create two separate publicly traded companies by spinning off Duke Energy’s natural gas businesses into a new company (subsequently named Spectra Energy) to Duke Energy shareholders. Upon the separation, Spectra Energy will operate primarily in three sectors of the natural gas industry: transmission and storage, distribution, and gathering and processing. The stock is expected to be traded on the New York Stock Exchange under the listing symbol SE.
Duke Energy is a diversified energy company with a portfolio of natural gas and