X0202 4 2007-03-09 0001094093 PROGRESS ENERGY INC PGN 0001358752 Sims Paula J 410 S. WILMINGTON STREET RALEIGH NC 27601 0 1 0 0 Sr. Vice President Units based on value of Common Stock 2007-03-09 4 A 0 1114 41.5098 A Common Stock 1114 4602 D Units based on value of Common Stock Common Stock 314 314 D Units based on value of Common Stock Common Stock 13428 13428 D Management Incentive Compensation Plan units are convertible at a rate of 1 for 1. Based upon payment schedule selected by the reporting person on her Election Form. Units will be settled 100 percent in cash in accordance with schedule provided in the Plan. Includes 182 units acquired between April 2006 and February 2007 through routine dividend reinvestment transactions that are exempt under Rule 16a-11. 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 her Election Form. The reporting person may reallocate the value of the units in his Deferral Accounts among alternative investment accounts once per calendar month. Includes 17 units acquired between April 2006 and February 2007 through routine dividend reinvestment transactions that are exempt under Rule 16a-11. Performance Share Sub Plan units are convertible at a rate of 1 for 1. Units granted prior to January 1, 2005 will be settled 100 percent in cash. Units granted on or after January 1, 2005 will be settled 100 percent in Common Stock. Includes 700 units acquired between April 2006 and February 2007 through routine dividend reinvestment transactions that are exempt under Rule 16a-11. Paula J. Sims by Arlene S. Graves pursuant to POA 2007-03-15