Annual Meeting
The 1999 Annual Meeting of Duke Energy Shareholders will be:

Date:	Thursday, April 15, 1999
Time:	10:00 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. Written requests should be addressed to:

Investor Relations Duke Energy Corporation P. O. Box 1005 Charlotte, NC 28201-1005

Stock Exchange Listing
Duke Energy’s common stock, First and Refunding Mortgage Bonds and certain issues of preferred stock are listed on the New York Stock Exchange. The company’s common stock trading symbol is DUK.

InvestorDirect Choice Plan
The InvestorDirect Choice Plan provides a simple and convenient way for interested parties to purchase common stock directly through the company withour 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 1998 report on SEC Form 10-K, the 1998 Statistical Supplement and an audiotape recording of excerpts from the 1998 Annual Report to Shareholders. Shareholders who wish to order Duke Energy’s Quarterly Reports should fill out and mail the enclosed postage-paid card.

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 72 consecutive years. Dividends on common and preferred stock in 1999 are expected to be paid on:
March 16, June 16, September 16 and December 16.

Bond Trustee
If you have any questions regarding your bond account, call (800) 275-2048 or write to: