X0202 4 2008-04-01 0001094093 PROGRESS ENERGY INC PGN 0001358752 Sims Paula J 410 S. WILMINGTON STREET RALEIGH NC 27601 0 1 0 0 Sr. VP of major subsidiary Common Stock 2008-04-01 4 M 0 562 A 23357 D Common Stock 2008-04-01 4 D 0 562 41.70 D 22795 D Common Stock 496 I Employee 401(k) Plan Units based on value of Common Stock 2008-04-01 4 M 0 562 D Common Stock 562 4285 D Units based on value of Common Stock Common Stock 330 330 D Management Incentive Compensation Plan units are convertible at a rate of 1 for 1. The units were settled 100 percent in cash in accordance with payment schedule selected by the reporting person on her Election Form. Includes 25 shares acquired through routine acquisitions of the Company's stock under Progress Energy's 401(k) Plan between February and March 2008. Includes 65 units acquired between November 2007 and March 2008 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 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 4 units acquired between November 2007 and March 2008 through routine dividend reinvestment transactions that are exempt under Rule 16a-11. Paula J. Sims by Arlene S. Graves pursuant to POA 2008-04-03