X0202 4 2007-04-25 0001094093 PROGRESS ENERGY INC PGN 0001183052 SCOTT PETER M III 410 S. WILMINGTON STREET RALEIGH NC 27601 0 1 0 0 Executive VP and CFO Common Stock 2007-04-25 4 M 0 11700 41.97 A 115768 D Common Stock 2007-04-25 4 S 0 11700 52.00 D 104068 D Common Stock 2007-04-25 4 M 0 1800 41.97 A 105868 D Common Stock 2007-04-25 4 S 0 1800 52.01 D 104068 D Common Stock 2007-04-25 4 M 0 1300 41.97 A 105368 D Common Stock 2007-04-25 4 S 0 1300 52.02 D 104068 D Common Stock 2007-04-25 4 M 0 900 41.97 A 104968 D Common Stock 2007-04-25 4 S 0 900 52.03 D 104068 D Common Stock 2007-04-25 4 M 0 100 41.97 A 104168 D Common Stock 2007-04-25 4 S 0 100 52.04 D 104068 D Common Stock 2007-04-25 4 M 0 2000 41.97 A 106068 D Common Stock 2007-04-25 4 S 0 2000 52.05 D 104068 D Common Stock 2007-04-25 4 M 0 700 41.97 A 104768 D Common Stock 2007-04-25 4 S 0 700 52.06 D 104068 D Common Stock 2554 I Employee 401(k) Plan Employee Stock Option (right to buy) 41.97 2007-04-25 4 M 0 11700 0 D 2012-09-30 Common Stock 11700 34300 D Employee Stock Option (right to buy) 41.97 2007-04-25 4 M 0 1800 0 D 2012-09-30 Common Stock 1800 32500 D Employee Stock Option (right to buy) 41.97 2007-04-25 4 M 0 1300 0 D 2012-09-30 Common Stock 1300 31200 D Employee Stock Option (right to buy) 41.97 2007-04-25 4 M 0 900 0 D 2012-09-30 Common Stock 900 30300 D Employee Stock Option (right to buy) 41.97 2007-04-25 4 M 0 100 0 D 2012-09-30 Common Stock 100 30200 D Employee Stock Option (right to buy) 41.97 2007-04-25 4 M 0 2000 0 D 2012-09-30 Common Stock 2000 28200 D Employee Stock Option (right to buy) 41.97 2007-04-25 4 M 0 700 0 D 2012-09-30 Common Stock 700 27500 D Units based on value of Common Stock Common Stock 795 795 D Includes 120 shares acquired through routine acquisitions of the Company's stock under Progress Energy's 401(k) Plan between February and March 2007. The options vested in three equal installments on October 1, 2003, 2004, and 2005, and were exercised pursuant to terms of a Rule 10b5-1 tranding plan adopted by the reporting person on March 15, 2007. 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 his Election Form. The reporting person may reallocate the value of the units in his Deferral Accounts among alternative investment accounts once per calendar month. This is the first of three Form 4s covering transactions on April 25, 2007. Peter M. Scott III by Arlene S. Graves pursuant to POA 2007-04-27