Year-End and Fourth Quarter 2005 Earnings

Duke Energy today reported 2005 basic earnings per share (EPS) of $1.94, or $1.82 billion in net income, compared to $1.59 per share in 2004, or $1.49 billion in net income. On a diluted basis, 2005 EPS was $1.88, compared to $1.54 in 2004.

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