Exhibit 99.1


     Statement Under Oath of Principal Executive Officer of Duke Energy
   Corporation, Regarding Facts and Circumstances Relating to Exchange Act
   Filings

I, Richard B. Priory, state and attest that:

         (1) To the best of my knowledge, based upon a review of the covered
reports of Duke Energy Corporation, and, except as corrected or supplemented in
a subsequent covered report:

             o    no covered report contained an untrue statement of a material
                  fact as of the end of the period covered by such report (or in
                  the case of a report on Form 8-K or definitive proxy
                  materials, as of the date on which it was filed); and

             o    no covered report omitted to state a material fact necessary
                  to make the statements in the covered report, in light of the
                  circumstances under which they were made, not misleading as of
                  the end of the period covered by such report (or in the case
                  of a report on Form 8-K or definitive proxy materials, as of
                  the date on which it was filed).

         (2) I have reviewed the contents of this statement with Duke Energy
Corporation's Audit Committee.

         (3) In this statement under oath, each of the following, if filed on or
before the date of this statement, is a "covered report":

             o    Annual Report on Form 10-K of Duke Energy Corporation for the
                  year ended December 31, 2001;

             o    all reports on Form 10-Q, all reports on Form 8-K and all
                  definitive proxy materials of Duke Energy Corporation filed
                  with the Commission subsequent to the filing of the Form 10-K
                  identified above; and

             o    any amendments to any of the foregoing.



/s/ Richard B. Priory                     Subscribed and sworn to
__________________________________        before me this 14th day of
Richard B. Priory                         August, 2002.
August 14, 2002                           /s/ Phoebe P. Elliott
                                          --------------------
                                          Notary Public
                                          My Commission Expires: June 26, 2006