Duke Energy operating under heightened awareness

CHARLOTTE, N.C., Sept. 11, 2001 — Duke Energy and its business units are operating under a heightened state of security today as a result of the tragic events that have occurred.

The company’s electric generating and transmissions facilities and pipelines are operating normally.

“We are operating as normally as possible — considering the tragic circumstances that have occurred,” said Rick Priory, president, chairman and chief executive officer of Duke Energy. “We are working to ensure that the energy infrastructure we provide continues to operate without interruption.”

Duke Energy, a diversified multinational energy company, creates value for customers and shareholders through an integrated network of energy assets and expertise. Duke Energy manages a dynamic portfolio of natural gas and electric supply, delivery and trading businesses — generating revenues of more than $49 billion in 2000. Duke Energy, headquartered in Charlotte, N.C., is a Fortune 100 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.

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