X0202 4 2006-04-17 0001094093 PROGRESS ENERGY INC PGN 0001267185 LYASH JEFFREY J 100 CENTRAL AVENUE ST. PETERSBURG FL 33701 0 1 0 0 Sr. VP of major subsidiary Common Stock 2006-04-17 4 M 0 644 44.585 A 12044 D Common Stock 2006-04-17 4 D 0 644 44.585 D 11400 D Common Stock 4262 I Employee 401(k) Plan Units based on value of Common Stock Common Stock 249 249 D Units based on value of Common Stock 2006-04-17 4 M 0 644 44.585 D 2006-04-17 Common Stock 644 15993 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 the payment schedule selected by the reporting person on Election Form. The reporting person may reallocate the value of the units in his Deferral Accounts among alternative investment accounts once per calendar month. Performance Share Sub Plan units are convertible at a rate of 1 for 1. The units were granted for Plan Year 2003 and thus will be settled 100 percent in cash, using the March 31, 2006 closing price of the Company's common stock, which was $43.98, plus the May 1, 2006 dividend of $0.605. Reflects the forfeiture of 1,930 units in connection with the April 17, 2006 settlement transaction for Plan Year 2003 pursuant to Plan provisions. Jeffrey J. Lyash by Arlene S. Graves pursuant to POA 2006-04-19