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Duke Energy Declares Quarterly Dividend May 6, 2010

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CHARLOTTE, N.C. -

Duke Energy has declared a quarterly cash dividend on its common stock of $0.24 per share. The dividend is payable on June 16, 2010, to shareholders of record at the close of business May 21, 2010.

This is the 84th consecutive year that Duke Energy has paid a quarterly cash dividend on its common stock.

Duke Energy is one of the largest electric power holding companies in the United States. Its regulated utility operations serve approximately 4 million customers located in five states in the Southeast and Midwest, representing a population of approximately 11 million people. Its commercial power and international business segments own and operate diverse power generation assets in North America and Latin America, including a growing portfolio of renewable energy assets in the United States.

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.  To learn more and contribute to the discussion about the energy issues of today and the possibilities of tomorrow see www.sheddingalight.org.


Contact: MEDIA - Tom Shiel
Phone: 704-382-2355
24-Hour Phone: 800-559-3853 (DUKE)
e-mail:
Contact: ANALYSTS - Bill Currens
Phone: 704-382-1603
24-Hour Phone:
e-mail:

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