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Duke Energy to Host Analyst Meeting

November 14, 2008

CHARLOTTE, N.C., Nov. 14 /PRNewswire-FirstCall/ — Duke Energy will host an analyst meeting on Friday, Nov. 21, in New York City.

(Logo: http://www.newscom.com/cgi-bin/prnh/20040414/DUKEENERGYLOGO )

James E. Rogers, chairman, president and chief executive officer, and David Hauser, group executive and chief financial officer, will be among the Duke Energy management who will discuss the company’s five-year capital expenditure plan, and earnings growth expectations from 2009 to 2013. Regulatory and growth initiatives also will be discussed.

A live webcast of the presentation will begin at approximately 8 a.m. ET. The webcast will be available via the investors’ section of Duke Energy’s Web site at: http://www.duke-energy.com/investors/ or by dialing 719-325-4810 outside the United States or 877-718-5092 in the United States. The confirmation code is 6679420. Please call in 10 to 15 minutes prior to the scheduled start time. A replay of the conference call will be available until Dec. 1, by dialing 719-457-0820 outside the United States or 888-203-1112 in the United States, with a confirmation code of 6679420. A replay of the webcast will be available by accessing the investors’ section of the company’s website.

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: http://www.duke-energy.com/ .

   Media Contact: Tom Shiel   Phone:         704-382-2355   24-Hour:       704-382-8333    ANALYSTS:   Sean Trauschke 980-373-7905  

Photo: http://www.newscom.com/cgi-bin/prnh/20040414/DUKEENERGYLOGOAP Archive: http://photoarchive.ap.org/PRN Photo Desk, photodesk@prnewswire.com

Duke Energy

CONTACT: Media: Tom Shiel, +1-704-382-2355, 24-Hour: +1-704-382-8333,Analysts: Sean Trauschke, +1-980-373-7905, both of Duke Energy

Web site: http://www.duke-energy.com/http://www.duke-energy.com/investors

Company News On-Call: http://www.prnewswire.com/comp/257451.html




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