X0201 42003-10-01 0001094093 PROGRESS ENERGY INC PGN 0001183044 HABERMEYER H WILLIAM JR 100 CENTRAL AVE. ST. PETERSBURG FL 33701 0100Pres. & CEO - major subsidiaryUnits based on value of Common Stock2003-08-015J0240.45ACommon Stock2177DUnits based on value of Common Stock2003-08-015J025040.45ACommon Stock25018293DEmployee Stock Option (right to buy)44.752003-10-014A0340000A2004-10-012013-09-30Common Stock3400034000DManagement Deferred Compensation Plan units are convertible at a rate of 1 for 1.Units acquired through routine reinvestment of dividends that are exempt under Rule 16a-11.Units will be settled 100 percent in cash in accordance with schedule provided in the Plan.Based upon payment schedule selected on Election Form.Performance Share Sub Plan units are convertible at a rate of 1 for 1.The option vests in three equal annual installments beginning on October 1, 2004.H. William Habermeyer, Jr. by Robert M. Williams pursuant to POA2003-10-02