X0201 42003-08-07 0001094093 PROGRESS ENERGY INC PGN 0001195419 DAUGHERTY RICHARD L 1616 HUNTING RIDGE ROAD RALEIGH NC 27615 1000Units based on value of Common Stock2003-08-074A03740.01ACommon Stock3719685DUnits based on value of Common StockCommon Stock604431DDirector's Deferred Compensation Plan units convertible at a rate of 1 for 1.Units will be settled 100 percent in cash following the undersigned's retirement from the Board.Based upon payment schedule selected.Includes 267 units acquired through dividend reinvestment between May 1, 2003 and August 1, 2003.Director Stock Unit Plan units convertable at a rate of 1 for 1.Units will be settled 100 percent in cash following the undersigned's retirement from the Board.Based upon payment schedule selected.Units acquired through dividend reinvestment between May 1, 2003 and August 1, 2003.Richard L. Daugherty by Robert M. Williams pursuant to POA2003-08-08