SHAREHOLDER INFORMATION

ANNUAL MEETING
-The 2000 Annual Meeting of Duke Energy Shareholders will be:
  Date   Thursday, April 20, 2000
  Time   10 a.m.
  Place  O.J. Miller Auditorium
             Energy Center
             526 South Church Street
             Charlotte, North Carolina

SHAREHOLDER SERVICES
-Shareholders with questions about their stock accounts, legal transfer requirements, address changes, replacement dividend checks, replacement of lost certificates or other services should call (800)488-3853 or (704)382-3853.  E-mail requests should be sent to InvestDUK@duke-energy.com. Written requests should be addressed to:
  Investor Relations
  Duke Energy Corporation
  P. O. Box 1005
  Charlotte, NC  28201-1005

SHAREHOLDER INTERNET SERVICES
- Duke  Energy's Website provides investors with access to:
    -The latest company news, including news releases and financial bulletins;
    -SEC filings;
    -Stock performance;
    -Audio/visual webcasts of conference calls, announcements and meetings;
    -Information and enrollment in the InvestorDirect Choice Plan;
    -Sign-up for automatic e-mail updates.

To learn more about Internet-based services, visit Duke Energy on the Web at:
www.duke-energy.com or via e-mail at: InvestDUK@duke-energy.com

STOCK EXCHANGE LISTING
-Duke Energy's common stock, First and Refunding Mortgage Bonds and certain issues of preferred securities are listed on the New York Stock Exchange. The company's common stock trading symbol is DUK.

WEBSITE ADDRESS:
  www.duke-energy.com

INVESTORDIRECT CHOICE PLAN
-The InvestorDirect Choice Plan provides a simple and convenient way for interested parties to purchase common stock directly through the company without incurring brokerage fees. Bank drafts for monthly purchases as well as a safekeeping option for depositing certificates into the plan are available. The plan also provides for full reinvestment, direct deposit or cash payment of dividends.

FINANCIAL PUBLICATIONS
-Duke Energy will furnish to any shareholder, without charge, copies of the 1999 report on SEC Form 10-K, the 1999 Statistical Supplement and an audiotape recording of excerpts from the 1999 Annual Report.

DUPLICATE MAILINGS
-You will receive duplicate mailings of annual reports, proxy statements and other shareholder mailings if your shares are registered in different accounts. If you receive such duplications, please call Investor Relations for instructions on eliminating the duplicate mailings or combining your accounts.

TRANSFER AGENT AND REGISTRAR
-Duke Energy maintains shareholder records and acts as Transfer Agent and Registrar for the company’s common and preferred stock issues.

DIVIDEND PAYMENT
-Duke Energy has paid quarterly cash dividends on its common stock for 73 consecutive years. Dividends on common and preferred stock in 2000 are expected to be paid on March 16, June 16, September 18 and December 18.

BOND TRUSTEE
-If you have any questions regarding your bond account, call (800)275-2048 or write to:
  The Chase Bank of Texas, N. A.
  Corporate Trust Services
  P. O. Box 2320
  Dallas, TX  75221-2320

Duke Energy is an Equal Opportunity Employer.

This report is published solely to inform shareholders and is not to be considered an offer, or the solicitation of an offer, to buy or sell securities.

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