X0201 42003-09-19 0001094093 PROGRESS ENERGY INC PGN 0001180427 MCCOY WILLIAM O 1450 RALEIGH ROAD, SUITE 300 CHAPEL HILL NC 27517 1000Units based on value of Common Stock2003-09-194A03543.245ACommon Stock3512309DUnits based on value of Common StockCommon Stock33453345DDirector's Deferred Compensation Plan units convertible at a rate of 1 for 1.Will be settled 100 percent in cash following the undersigned's retirement from the Board.Based upon payment schedule selected.Director's Stock Unit Plan units convertible at a rate of 1 for 1.Will be settled 100 percent in cash following the undersigned's retirement from the Board.Based upon payment schedule selected.William O. McCoy by Robert M. Williams pursuant to POA2003-09-22