X0201 4 2003-01-31 0 0000078460 PIEDMONT NATURAL GAS CO INC PNY 0001238148 KILLOUGH RAY B C/O PIEDMONT NATURAL GAS CO PO BOX 33068 CHARLOTTE NC 28233 0 1 0 0 Senior Vice President Common Stock 2003-01-31 2003-01-31 4 P 0 112.899 31.559 A 40221.442 D Common Stock 2003-04-21 2003-04-21 4 G 0 468 36.75 A 39753.442 D Common Stock 2003-04-30 2003-04-30 4 P 0 132.643 32.76 A 39886.085 D Common Stock 2003-07-31 2003-07-31 4 P 0 107.243 34.7305 A 39993.328 D Common Stock 2003-10-31 2003-10-31 4 P 0 122.079 35.595 A 40115.407 D Common Stock 2003-12-12 2003-12-12 4 J 0 1770 41.91 A 41885.407 D The Reporting Person acquired these shares through the Company's Employee Stock Purchase Plan. Shares acquired pursuant to Executive Long-Term Incentive Plan. Reporting Person indirectly owns 2,137.8669 shares by 401(k) as of November 25, 2003. /s/ Martin C. Ruegsegger by limited power of attorney for Ray B. Killough 2003-12-15