4 2003-06-05 1 0000078460 PIEDMONT NATURAL GAS CO INC PNY 0001238156 MAXHEIM JOHN H 0 0 0 1 Retired Director Common Stock 2003-06-05 2003-06-05 4 S 0 10000 40.39 D 141859.498 D Common Stock 2003-06-05 2003-06-05 4 S 0 300 39.92 D 141559.498 D Common Stock 2003-06-05 2003-06-05 4 S 0 1500 39.91 D 140059.498 D Common Stock 2003-06-05 2003-06-05 4 S 0 3200 39.81 D 136859.498 D Common Stock 2003-01-15 2003-01-15 4 P 0 71.144 35.14 A 136930.638 D Common Stock 2003-02-12 2003-02-12 4 P 0 74.074 33.75 A 137004.7 D Common Stock 2003-03-12 2003-03-12 4 P 0 73.844 33.855 A 137321.15 D All shares purchased in connection with Board of Directors adopted plan to invest earned Director fees in Company Common Stock. Includes shares of Common Stock acquired through Dividend Reinvestment and Stock Purchase Plan. The reporting person also owns 2,427 shares of Common Stock through an IRA. /s/ Martin C. Ruegsegger by power of attorney for John H. Maxheim 2003-06-05