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Duke Energy declares quarterly dividend

                   Duke Energy declares quarterly dividend

PR Newswire

CHARLOTTE, N.C., Oct. 30, 2012

CHARLOTTE, N.C., Oct. 30, 2012 /PRNewswire/ --Duke Energy (NYSE: DUK) today
declared a quarterly cash dividend on its common stock of $0.765 per share.
The dividend is payable on Dec. 17, 2012, to shareholders of record at the
close of business Nov. 16, 2012.

(Logo: http://photos.prnewswire.com/prnh/20040414/DUKEENERGYLOGO )

The dividend automatically adjusted from $0.255 to $0.765 per share, as a
result of the 1-for-3 reverse stock split that occurred prior to the closing
of Duke Energy's merger with Progress Energy on July 2, 2012.

This is the 86^th consecutive year that Duke Energy has paid a quarterly cash
dividend on its common stock.

Headquartered in Charlotte, N.C., Duke Energy is a Fortune 250 company traded
on the New York Stock Exchange under the symbol DUK. More information about
the company is available on the Internet at: www.duke-energy.com.

MEDIA CONTACT:
Tom Shiel      704-382-2355
24-Hour:       800-559-3853
ANALYSTS:
Bob Drennan    704-382-4070
Bill Currens 704-382-1603

SOURCE Duke Energy

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