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Duke Energy Announces Academic Scholars for 2007 May 11, 2007

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CHARLOTTE, N.C. -

Duke Energy announced today that 20 children of Duke Energy employees have been selected to receive the 2007 Duke Energy scholarships made possible by The Duke Energy Foundation.

Fifteen recipients will receive up to $5,000 per year for up to four consecutive years of undergraduate study at an accredited college or university in the United States or Canada. Five students were named alternates and will receive a one-time $1,000 scholarship.

Scholarship recipients must be graduating high school/secondary school seniors and are chosen annually by an independent committee of judges. The committee reviews and selects applicants based on their performance in academics, leadership and participation in school and community activities, honors and awards, work experience and financial need.

“The Duke Energy scholarship program is about supporting the work force of tomorrow and is indicative of the company's commitment to education as well as to our employees and retirees,” said Hilary Davidson, director, community & stakeholder relations. “We are proud that for the last four decades The Duke Energy Foundation's scholarship program has benefited hundreds of families across our service territory.”

SCHOLARSHIP WINNERS

David Barbee of Oakboro, N.C. – a student at West Stanly High School in Oakboro, he is the son of Cecil and Sue Barbee.

Holly Burchfield of Seneca, S.C. – a student at Seneca High School in Seneca, she is the daughter of Jack and Shelley Burchfield.

Daniel Byrnes of Charlotte, N.C. – a student at Charlotte Catholic High School, he is the son of William and Beverly Byrnes.

Eric Finan of New Richmond, Ohio – a student at New Richmond High School, he is the son of Jeff and Elaine Finan.

Erik Grayson of Easley, S.C. – a student at Liberty High School in Liberty, he is the son of Ken Grayson and Eva Haynie.

Emily Kelley of Easley, S.C. – a student at Easley High School, she is the daughter of Darryl and Pam Kelley.

Madison Lanier of Lincolnton, N.C. – a student at Lincolnton High School, she is the daughter of Todd and Vera Lanier.

Elisabeth Neely of Mount Holly, N.C. – a student at East Gaston High School in Mt. Holly, she is the daughter of Gary and Teresa Neely.

Sydney Owen of Charlotte, N.C. – a student at Myers Park High School, she is the daughter of Jeff and Robin Owen.

Annalise Petranoff of Indianapolis, Ind. – a student at North Central High School in Indianapolis, she is the daughter of Bill Petranoff and Sue Michael.

Kevin Plybon of Kernersville, N.C. – a student at North Carolina School of the Arts in Winston-Salem, he is the son of Jim and Claudia Plybon.

Olivia Reburn of Rock Hill, S.C. – a student at Northwestern High School in Rock Hill, she is the daughter of William and Martina Reburn.

Daniel Riffe of Cincinnati, Ohio – a student at St. Xavier High School in Cincinnati, he is the son of Larry and Bonnie Riffe.

Cole Taylor of Jamestown, N.C. – a student at Southwest Guilford High School in High Point, he is the son of Ronnie and Lisa Taylor.

Stephen Williamson of Newton, N.C. – a student at Bandys High School in Catawba, he is the son of John and Pam Williamson.

ALTERNATES

Jessica Glenn of Stanley, N.C. – a student at East Lincoln High School in Denver, she is the daughter of Jimmy and Crystal Glenn.

Christopher Herrick of Matthews, N.C. – a student at David Butler High School, he is the son of Joseph and Kerry Herrick.

Meredith Hope of Easley, S.C. – a student at Easley High School, she is the daughter of Chris and Lisa Hope.

John Randall of Matthews, N.C. – a student at Porter Ridge High School in Indian Trail, he is the son of Bruce P. Randall.

Hans Reichenbach of Fort Mill, S.C. – a student at Fort Mill High School, he is the son of Don and Denese Reichenbach.

Duke Energy Corp., one of the largest electric power companies in the United States, supplies and delivers energy to approximately 3.9 million U.S. customers. The company has nearly 37,000 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: Elizabeth Bennett
Phone: 704-382-7844
24-Hour Phone: 704-382-8333
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