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Duke Energy Declares Quarterly Dividend May 8, 2008

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CHARLOTTE, N.C. -

Duke Energy has declared a quarterly cash dividend on its common stock of $0.22 per share. The dividend is payable on June 16, 2008, to shareholders of record on the close of business May 19, 2008.

This is the 82nd consecutive year that Duke Energy has paid a quarterly cash dividend on its common stock. 

Duke Energy, one of the largest electric power companies in the United States, supplies and delivers electricity to approximately 4 million U.S. customers in its regulated jurisdictions. The company has approximately 35,000 megawatts of electric generating capacity in the Midwest and the Carolinas, and natural gas distribution services in Ohio and Kentucky. In addition, Duke Energy has more than 4,000 megawatts of electric generation in Latin America, and is a joint-venture partner in a U.S. real estate company.

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: www.duke-energy.com.


Contact: Duke Energy Contact: Tom Shiel
Phone: 704.382.2355
24-Hour Phone:
e-mail:
Contact: ANALYSTS: Sean Trauschke
Phone: 980/373-7905
24-Hour Phone: 704/382-8333
e-mail:

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