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Media Advisory: Duke Energy to Announce Year-End and Fourth Quarter 2008 Earnings on Feb. 5 Jan. 6, 2009

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CHARLOTTE, N.C. -

Duke Energy will announce its year-end and fourth quarter 2008 earnings results at 7 a.m. ET Thursday, Feb. 5, 2009.

The company also will provide its 2009 adjusted diluted earnings per share (EPS) employee incentive target.

An earnings conference call for analysts is scheduled for 10 a.m. ET Thursday, Feb. 5. The conference call can be accessed via the investors' section (http://www.duke-energy.com/investors/) of Duke Energy's Web site or by dialing 719-325-4762 outside the United States or 877-719-9788 in the United States. The confirmation code is 3619134. Please call in five to 10 minutes prior to the scheduled start time. A replay of the conference call will be available until midnight ET, Feb. 15, 2009, by calling 719-457-0820 outside the United States or 888-203-1112 in the United States, and using the code 3619134. A replay and transcript also will be available by accessing the investors' section of the company's Web site.

Duke Energy, one of the largest electric power companies in the United States, supplies and delivers electricity to approximately 4 million U.S. customers and natural gas service to approximately 520,000 customers in its regulated jurisdictions. The company has approximately 35,000 net 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 net 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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