Duke Energy Corporation
Policy Committee

Standing, left to right: Fred Fowler, William Coley, Richard Priory, Ruth Shaw and Richard Osborne.
Seated: Harvey Padewer and Richard Blackburn.

Richard B. Priory
Chairman, President and Chief Executive Officer
52, joined Duke Energy in 1976; elected President of Duke Power in 1994; elected Chairman and Chief Executive Officer in 1997; elected President in 1998.

Richard W. Blackburn
Executive Vice President and General Counsel
56, joined Duke Energy in 1997. Prior to joining Duke Energy, Mr. Blackburn was President and Group Executive with NYNEX Worldwide Communications and Media Group.

William A. Coley
Group President, Duke Power
55, joined Duke Energy in 1966; elected President of Duke Power Company's Associated Enterprises Group in 1994; elected Group President of Duke Power in 1997.

Fred J. Fowler
Group President, Energy Transmission
53, joined Duke Energy in 1985; elected President of Trunkline in 1991; elected President of 1Source Corporation in 1993; elected President of Texas Eastern in 1994; elected Group President of Energy Transmission in 1997.

Richard J. Osborne
Executive Vice President and Chief Financial Officer
48, joined Duke Energy in 1975; elected Vice President and Chief Financial Officer in 1991; elected Executive Vice President and Chief Financial Officer in 1997.

Harvey J. Padewer
Group President, Energy Services
51, joined Duke Energy in 1998. Prior to joining Duke Energy, Mr. Padewer was Senior Vice President and General Manager of Utilicorp Energy Group.

Ruth G. Shaw
Executive Vice President and Chief Administrative Officer
51, joined Duke Energy in 1992 as Vice President, Corporate Communications; elected Senior Vice President, Corporate Resources in 1994; elected Executive Vice President and Chief Administrative Officer in 1997.