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 2300 41.97 A 106368 D Common Stock 2007-04-25 4 S 0 2300 52.07 D 104068 D Common Stock 2007-04-25 4 M 0 3300 41.97 A 107368 D Common Stock 2007-04-25 4 S 0 3300 52.08 D 104068 D Common Stock 2007-04-25 4 M 0 3100 41.97 A 107168 D Common Stock 2007-04-25 4 S 0 3100 52.09 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 52.10 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 52.11 D 104068 D Common Stock 2007-04-25 4 M 0 3014 41.97 A 107082 D Common Stock 2007-04-25 4 S 0 3014 52.12 D 104068 D Common Stock 2007-04-25 4 M 0 3878 41.97 A 107946 D Common Stock 2007-04-25 4 S 0 3878 52.13 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 2300 0 D 2012-09-30 Common Stock 2300 25200 D Employee Stock Option (right to buy) 41.97 2007-04-25 4 M 0 3300 0 D 2012-09-30 Common Stock 3300 21900 D Employee Stock Option (right to buy) 41.97 2007-04-25 4 M 0 3100 0 D 2012-09-30 Common Stock 3100 18800 D Employee Stock Option (right to buy) 41.97 2007-04-25 4 M 0 700 0 D 2012-09-30 Common Stock 700 18100 D Employee Stock Option (right to buy) 41.97 2007-04-25 4 M 0 1800 0 D 2012-09-30 Common Stock 1800 16300 D Employee Stock Option (right to buy) 41.97 2007-04-25 4 M 0 3014 0 D 2012-09-30 Common Stock 3014 13286 D Employee Stock Option (right to buy) 41.97 2007-04-25 4 M 0 3878 0 D 2012-09-30 Common Stock 3878 9408 D Units based on value of Common Stock Common Stock 795 795 D 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 second of three Form 4s covering transactions on April 25, 2007. Peter M. Scott III by Arlene S. Graves pursuant to POA 2007-04-27