4 2003-01-15 0 0000078460 PIEDMONT NATURAL GAS CO INC PNY 0001238169 RUSSELL DONALD S 1 0 0 0 Common Stock 2003-01-15 2003-01-15 4 P 0 18.981 35.14 A 67647.586 D Common Stock 2003-02-12 2003-02-12 4 P 0 19.763 33.75 A 67667.349 D Common Stock 2003-03-12 2003-03-12 4 P 0 167.39 33.855 A 67834.739 D Common Stock 2003-04-09 2003-04-09 4 P 0 18.497 36.06 A 67853.236 D Common Stock 2003-05-14 2003-05-14 4 P 0 18.108 36.835 A 67871.344 D Common Stock 2003-06-11 2003-06-11 4 P 0 16.617 40.14 A 67887.961 D Common Stock 2003-07-09 2003-07-09 4 P 0 16.983 39.275 A 67904.944 D Common Stock 2003-07-09 2003-07-09 4 S 0 2500 39.19 D 65404.944 D Common Stock 2003-07-10 2003-07-10 4 S 0 4500 39.076 D 60904.944 D All Shares purchased in connection with Board of Directors adopted plan to invest earned Director fees in Company Common Stock. /s/ Martin C. Ruegsegger as limited power of attorney for Donald S. Russell 2003-07-11