X0202 4 2005-04-20 0001094093 PROGRESS ENERGY INC PGN 0001183046 HINNANT CLAYTON S 410 S. WILMINGTON STREET RALEIGH NC 27601 0 1 0 0 Sr. VP of major subsidiary Units based on value of Common Strock Common Stock 1076 1076 D Units based on value of Common Stock Common Stock 4121 4121 D Units based on value of Common Stock 2005-04-20 4 D 0 3274 42.54 D Common Stock 3274 26904 D Units based on value of Common Stock Common Stock 1434 1434 D Management Deferred Compensation Plan units are convertible at a rate of 1 for 1. Units will be settled 100 percent in cash in accordance with schedule provided in the Plan. Based upon papyment schedule selected on Election Form. Includes 56 units acquired between May 2004 and April 2005 through routine reinvestment of dividends that are exempt under Rule 16a-11. Management Incentive Compensation Plan units are convertible at a rate of 1 for 1. Includes 215 units acquired between May 2004 and April 2005 through routine reinvestment of dividends that are exempt under Rule 16a-11. Performance Share Sub-Plan units are convertible at a rate of 1 for 1. Includes 1,747 units acquired between May 2004 and April 2005 through routine reinvestment of dividends that are exempt under Rule 16a-11 and a forfeiture of 3,274 units in connection with the April 20, 2005 settlement transaction for Plan Year 2002 due to Plan provisions. Long-Term Incentive Plan units are convertible at a rate of 1 for 1. Includes 75 units acquired between May 2004 and April 2005 through routine reinvestment of dividends that are exempt under Rule 16a-11. Clayton S. Hinnant by Robert M. Williams pursuant to POA 2005-04-21