Progress Energy CFO Mulhern to Present at Merrill Lynch Conference Sept. 24

RALEIGH, N.C., Sept. 16  /PRNewswire-FirstCall/ -- Progress Energy (NYSE: PGN) Senior Vice President and Chief Financial Officer Mark Mulhern will participate in the Merrill Lynch Power & Gas Leaders Conference in New York on Wednesday, Sept. 24. His presentation will begin at approximately 9:15 a.m. EDT.

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A webcast of the live presentation and slide materials will be available at http://www.progress-energy.com/investor .  The webcast will be available in Windows Media format, and will be archived on the site for those unable to listen in real time.

Progress Energy, headquartered in Raleigh, N.C., is a Fortune 250 energy company with more than 21,000 megawatts of generation capacity and $9 billion in annual revenues. The company is observing its 100th anniversary in 2008. Progress Energy includes two major utilities that serve 3.1 million customers in the Carolinas and Florida. The company is the 2006 recipient of the Edison Electric Institute's Edison Award, the industry's highest honor, in recognition of its operational excellence. The company also is the first utility to receive the prestigious J.D. Power and Associates Founder's Award for customer service. Progress Energy serves two growing areas of the country, and the company is pursuing a balanced strategy for a secure energy future. That balance includes aggressive energy efficiency programs, investments in renewable energy technologies and a state-of-the-art electricity system. For more information about Progress Energy, visit the company's Web site at http://www.progress-energy.com/ . 

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DATASOURCE: Progress Energy



CONTACT:  Progress Energy Corporate Communications, [phone],

toll-free, +1-877-641-NEWS (6397)



Web site:  http://www.progress-energy.com/

http://www.progress-energy.com/investor 

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