Diversified Operations Capital Planning Control Regulated Commercial

Diversified Operations Capital Planning & Control Regulated Commercial Operations Regulated Fuels Progress Energy Inc System Planning & Operations Technical Services & Construction Transmission Department Progress Energy Service Company LLC Accounting Chief Compliance Officer Progress Energy Ventures Inc Competitive Commercial Operations Gas Production Organization Charts and Job Descriptions September 14, 2005

Chief Compliance Officer Frank A Schiller Vice President General Counsel, Legal Progress Energy Service Company Physical address – not mailing address 410 South Wilmington Street Raleigh, NC 27601 Phone 919 -546 -7919 2

Robert B Mc. Gehee Chairman & Chief Executive Officer Diversified Operations Don K Davis Executive Vice Pres Capital Plng & Control* Robert H Bazemore Jr Vice President Regulated Comm Ops* Robert F Caldwell Vice President Regulated Fuels* Paula J Sims Vice President PE Service Co, LLC Peter M Scott III President & CEO Progress Energy Inc William D Johnson President & COO Power Operations E Michael Williams Sr Vice President Sys Planning & Ops* R Erik Hansen Vice President Tech Svcs & Const Joel Y Kamya Vice President Transmission* Sarah S Rogers Vice President * Facilities between transmission employees and the wholesale merchant function or power marketing function are not shared. Access to facilities are controlled via card reader ID cards to prevent unauthorized access. Corp Relations John R Mc. Arthur Sr VP & Gen Counsel Legal Frank A Schiller Vice Pres Gen Counsel Progress Energy Svc Co Chief Compliance Officer Financial Services Geoffrey S Chatas Executive VP & CFO Accounting Jeffrey M Stone Vice Pres & Controller ** PE Ventures Inc* Mark F Mulhern President ** Competitive Commercial Ops* Vacant Senior Vice President Progress Energy Ventures Inc Gas Production* Robert M Deacy Senior Vice President Progress Fuels Corp Miscellaneous Unregulated Energy Affiliates ** Not part of Service Company. Will continue to operate as a Wholesale Marketing Affiliate. 3

Diversified Operations Robert B Mc. Gehee Chairman & Chief Executive Officer Diversified Operations Don K Davis Executive Vice President Capital Planning & Control Robert H Bazemore Jr Vice President Regulated Comm Ops Robert F Caldwell Vice President Regulated Fuels Paula J Sims Vice President Executive Vice President Diversified Operations Don K Davis Responsible for providing oversight and strategic direction for the following areas: l Sales to munis, cooperatives, other utilities, and energy marketers outside the Progress Energy retail service area l Operational decisions to support business plans in conformance with applicable regulatory requirements l Operation, marketing, and optimization of coal and synfuel production l Progress Telecom l Gas, oil, and coal procurement for PEC and PEF l Gas, oil, and coal transportation for PEC and PEF l Wholesale power term sales and procurement for PEC and PEF l Spot power sales and procurement for PEC and PEF 4

Capital Planning & Control Diversified Operations Don K Davis Executive Vice President Capital Planning & Control Robert H Bazemore Jr Responsible for providing oversight and strategic direction for the following areas: l Responsible for the planning, coordination, and governance of enterprise capital and major project spending l Works with major business units to develop and maintain long-term asset management plans 5

Regulated Commercial Operations Robert F Caldwell Vice President Account Management, Origination & Cogen-PEF Robert D Niekum Director Account Management & Origination-PEC Harold J James Jr Manager Portfolio Management, Structuring & Analysis Ramon W Boulmay Director Power Trading Operations Gary R Freeman Director Physical address – not mailing address 412 South Wilmington Street PEB 10 A 5 Raleigh, NC 27601 Vice President Regulated Commercial Operations Robert F Caldwell Responsible for providing oversight and strategic directions for the following areas: l Manage wholesale power term business development activities, including origination, sales, and purchases l Manage PEC’s and PEF’s contractual business relationships with existing municipals, EMC customers, joint plant owners, and with other wholesale customers l Manage commodity trading and procurement l Manage contractual delivery obligations l Manage portfolio optimization functions l Manage evaluation activities related to term power marketing 6

Regulated Commercial Operations Account Management, Origination & Cogen-PEF Robert D Niekum Director Account Management & Origination-PEF Michael A Carl Manager Senior Power Delivery Specialist (1) Senior Power Account Management Specialist (1) Director Account Management, Origination & Cogen-PEF l Execute long-term energy sales and purchase agreements with municipals, electric cooperatives, utilities and markets in FRCC l Support the development of interconnection agreements for regulated plants l Monitor regulatory issues involving regional energy markets l Arrange for and reserve transmission capacity via OASIS as needed to support sales and purchases of capacity for long-term sales 7

Regulated Commercial Operations Account Management, Origination & Cogen-PEF - Job Descriptions Senior Power Account Management Specialist l This position is responsible for identifying and developing new, long-term power purchase agreements and related business opportunities with co-generators and green power producers l Develops proposals, negotiates agreements, and prepares all internal approval documentation necessary for closure l Provides technical support for proposal preparation and contract negotiations l Provides technical expertise to ensure successful implementation of new and existing contracts l Administers PEF wholesale contracts and fulfiills its contract obligations in an efficient manner related to power reliability and contract billing l Develops new co-generation suppliers l Provides service support to co-generators 8

Regulated Commercial Operations Account Management & Origination-PEF Michael A Carl Manager Power Account Management Specialist (2) Senior Power Delivery Specialist (1) Senior Power Originator (2) Manager Account Management & Origination-PEF l Assumes role as PEF’s primary contact for assigned wholesale customers and manages all aspects of the Company’s business relationships in developing and administering executed power supply contracts l Manages customer and industry information and develops and implements comprehensive strategies and account plans for managing assigned accounts to ensure that PEF is maximizing its opportunities to retain and increase sales of electricity and related products and services 9

Regulated Commercial Operations Account Management & Origination-PEF - Job Descriptions Power Account Management Specialist l Administers PEF’s wholesale contracts and fulfills its contract obligations in an efficient manner related to power reliability and contract billing l Manages Company’s contractual business relationship with existing wholesale customers, utilities, and joint owners l Develops new wholesale customers l Provides sales and service support to wholesale customers Senior Power Delivery Specialist l Provides technical support for proposal preparation and contract negotiations l Provides technical expertise to ensure successful implementation of new and existing contracts l Provides technical support on issues related to FERC initiatives such as Regional Transmission Organizations (RTO) and Standard Market Design (SMD) l Provides technical expertise on power delivery issues which impact department business objectives l Assumes role as the primary technical interface for both external and internal customers and prospects in resolving power delivery issues for new and existing customers and power supply contracts l Directs the technical and regulatory aspects of power delivery to PEF wholesale customers. l Analyzes, arranges and reserves transmission capacity via OASIS to support sales and purchases of capacity for longterm sales and new projects Senior Power Originator l Responsible for market origination and development of all non-standard energy and capacity sales to utilities and power marketers l Responds to capacity and energy RFP’s from utilities and power marketers to provide creative and competitive energy solutions including the building of generation within other territorial boundaries l Successfully negotiates seasonal purchases of energy and capacity to help meet the growing needs of PEF customers 10

Regulated Commercial Operations Account Mgmt & Origination-PEC Harold L James Jr Manager Senior Power Delivery Specialist (1) Senior Power Account Management Specialist (4) Senior Power Originator (1) Lead Power Account Management Specialist (1) Manager Account Management & Origination-PEC l Execute long-term energy sales and purchase agreements with municipals, electric cooperatives, utilities and markets for PEC l Support the development of interconnection agreements for regulated plants l Monitor regulatory issues involving regional energy markets l Arrange for and reserve transmission capacity via OASIS as needed to support sales and purchases of capacity for long-term sales l Manage long-term wholesale contracts with municipals, electric cooperatives, utilities, joint owners, and other aggregators l Manage sales and services support l Manage account management activities l Support Term Marketing’s business development activities l Manage cogenerators and independent power producer contracts and relationships 11

Regulated Commercial Operations Account Management & Origination-PEC - Job Descriptions Senior Power Delivery Specialist l Provides technical support for proposal preparation and contract negotiations l Provides technical expertise to ensure successful implementation of new and existing contracts l Provides technical support on issues related to FERC initiatives such as Regional Transmission Organizations (RTO) and Standard Market Design (SMD) l Provide technical expertise on power delivery issues which impact department business objectives l Assumes role as the primary technical interface for both external and internal customers and prospects in resolving power delivery issues for new and existing customers and power supply contracts l Directs the technical and regulatory aspects of power delivery to PEC wholesale customers l Analyzes, arranges and reserves transmission capacity via OASIS to support sales and purchases of capacity for long-term sales and new projects Senior Power Account Management Specialist l Administers PEC’s wholesale contracts and fulfills its contract obligations in an efficient manner related to power reliability and contract billing l Manages Company’s contractual business relationship with existing wholesale customers, utilities, and joint owners l Develops new wholesale customers l Provides sales and service support to wholesale customers l Manages Company’s cogenerator/independent power producer contracts Senior Power Originator l Responsible for market origination and development of all non-standard energy and capacity sales to utilities and power marketers l Responds to capacity and energy RFP’s from utilities and power marketers to provide creative and competitive energy solutions including the building of generation within other territorial boundaries l Successfully negotiates seasonal purchases of energy and capacity to help meet the growing needs of PEC customers 12

Regulated Commercial Operations Account Management & Origination-PEC - Job Descriptions Lead Power Account Management Specialist l Manage long-term wholesale contracts with municipals, electric cooperatives, utilities, joint owners, and other aggregators l Manage sales and services support l Manage account management activities l Support Term Marketing’s business development activities l Manage cogenerators and independent power producer contracts and relationships 13

Regulated Commercial Operations Portfolio Management, Structuring & Analysis Ramon W Boulmay Director Senior Portfolio Analyst (1) Senior Structure Analyst (3) Portfolio Management Robert M Oliver Manager Director Portfolio Management, Structuring & Analysis l Manage pricing, structuring and evaluation of term origination transactions l Operational strategies and new business cases for asset optimization for regulated business l Develop and coordinate processes and procedures to integrate commitments between both economic opportunities and reliability requirements. l Communicate with the energy control centers, generating plants, and the marketing, trading, and fuels groups Senior Portfolio Analyst / Senior Structure Analyst l Evaluate term origination transactions l Determine market value of asset being purchased or sold l Coordinate with Strategic Planning and Regulatory Services to determine MW availability and cost to serve prospective term wholesale customers l Development of generation modeling systems l Maintain procedure guidelines 14

Regulated Commercial Operations Portfolio Management Robert M Oliver Manager Portfolio Analyst (3) Senior Structure Analyst (1) Senior Power Delivery Specialist (1) Manager Portfolio Management l Provides technical leadership to the Portfolio Management staff l Ensures standards of conduct and code of conduct compliance l Coordinates Portfolio Management activities with Generation Operations, Generation Dispatch, Fuel Procurement and Power Marketing and trading functions. 15

Regulated Commercial Operations Portfolio Management – Job Descriptions Portfolio Analyst / Senior Structure Analyst / Senior Power Delivery Specialist l Develop system load forecasts in conjunction with respective Energy Control Centers l Develop optimized economic unit commitment and dispatch plans to serve firm obligations, incorporating unit availability, operational constraints, fuel prices and availability, and market purchase opportunities l Forecast excess generation availability and pricing l Provide for generation constraint coordination and scheduling l Provide fuel burn forecasts l Provide post-analysis for excess generation sales and economic purchases. l Provide post-analysis of operational efficiency l Provide studies and analyses of generation in support of RFPs l Develop innovative methods for improved competitive positions l Optimize the commitment and scheduling of physical assets and financial instruments that include the company’s generating resources, purchased power, fuels, load management, and risk management alternatives l Identify opportunities for process improvements and work with affected groups to develop and execute implementation strategies l Support economic modeling, database management, information gathering, analysis, and reporting associated with the generation resource portfolio l Development, verification, and deployment of generation modeling information 16

Regulated Commercial Operations Power Trading Operations Gary R Freeman Director Real Time Trading John A Verderame Manager Power Trader (1) Senior Power Delivery Specialist (1) Director Power Trading Operations l Develop regulated trading strategies l Ongoing development and implementation of trading and operational strategies and new business cases for asset optimization for regulated business l Leading key projects, such as significant trade strategies, organizational changes, coordination projects, product development l Recruiting, training, managing, and developing section personnel l Develop and coordinate processes and procedures to integrate commitments between both economic opportunities and reliability requirements l Effectively and clearly communicate with the energy control centers, generating plants, and the marketing, trading, and fuels groups 17

Regulated Commercial Operations Power Trading Operations – Job Descriptions Power Trader / Senior Power Trader l Purchase energy on the wholesale market to fulfill PEC and PEF requirements next day to one year out l Sell excess energy from the PEC and PEF systems from next day to one year out l Resell excess off-system transmission purchased to DNRs into PEC and PEF. l Provide forward curve data to Enterprise Risk Management Senior Power Delivery Specialist l Manages short and long term transmission positions l Initiate service agreements with Transmission Providers l As a TC, perform security officer duties related to certificates for Oasis l Monitor and report on transmission grid availability and congestion l Assist in the development of transmission strategies to support generation assets 18

Regulated Commercial Operations Real Time Trading John A Verderame Manager Senior Real Time Trader (10) Manager Real Time Trading l Manage the personnel and profitability of the PEC and PEF Portfolios l Training and development of personnel staffing the real time trading desk l Insures code of conduct compliance of the real time trading desk employees Senior Real Time Trader l Purchase Hourly and same day pre-scheduled energy on the wholesale market to fulfill PEC and PEF native load obligations l Sell excess hourly and same day pre-scheduled energy and capacity from PEC and PEF resources l Reserve transmission capacity via OASIS as necessary to facilitate purchase and sales obligations l Complete NERC transaction tags as necessary to facilitate purchase and sales obligations l Monitors price movements from region to region and engage markets for purchases for resale l Coordinate with both Energy Control Centers to insure generation is adjusted to reflect wholesale transactions l Enter all transaction information into accounting system and check out with counter parties at the end of each day l Real time trading relief l IT system support l Procedure documentation l Trader training 19

Regulated Fuels Paula J Sims Vice President Coal Sasha Weintraub Director Fuel Forecasting & Regulatory Support Bruce Barkley Manager Fuel Strategy & Long-Term Origination Kyle Crake Director Gas & Oil Trading Pamela R Murphy Director Physical address – not mailing address 410 South Wilmington Street PEB 10 A 1 Raleigh, NC 27601 Vice President Regulated Fuels Paula J Sims Provides oversight and strategic direction for the following areas: l Fuel Strategy development and execution in support of the long-term generation forecast l Gas, oil, and coal procurement for PEC and PEF l Gas, oil, and coal transportation for PEC and PEF l Emissions management 20

Regulated Fuels Coal Sasha Weintraub Director Coal Procurement Brett Phipps Manager Coal Transportation Jerry Boyd Manager Senior Fuels Analyst (1) Director Coal l Prudently procure fuel and transportation for PEC coal-fired plants l Manage immediate and future availability of coal to meet generation requirements at PEC coal-fired plants l Ensure compliance and minimize costs of NOx and SO 2 emissions at all PGN plants. l Optimize costs associated with the coal value chain. Senior Fuels Analyst l Supports data requests for fossil fuel analyses, forecasts, and budgets l Prepares input for the generation and fuel forecast processes l Provides support for regulatory filings related to fuels. 21

Regulated Fuels Coal Procurement Brett Phipps Manager Senior Coal Procurement Agent (2) Coal Procurement Analyst (1) Quality Field Rep (1) Senior Engineer (1) Manager Coal Procurement l Manage coal procurement and hedging for PEC and PEF l Negotiate coal purchase contracts to ensure the on-going availability of competitively priced coals l Interface, communicate, and support the coal-fired power plants 22

Regulated Fuels Coal Procurement – Job Descriptions Senior Coal Procurement Agent l Negotiate the purchase of coal for PGN plants via short and long-term contracts l Coordinate with Legal the negotiation and execution of coal contracts l Purchase coal in order to remain in compliance with Risk and Credit guidelines Coal Procurement Analyst l Maintain records of coal shipments and quality for the Fuel Management System l Maintain oversight of contractual obligations and requirements l Provide guidance to the Quality Field Rep through daily communication Quality Field Rep l Visit coal suppliers to ensure sampling and loading techniques of suppliers meet contractual terms l Visit coal suppliers to ensure coal meets contractual qualities Senior Engineer l Coordinate the use and acceptance of various qualities of coal at PEC coal plants l Interact with the plant operators for all coal related issues impacting plant performance l Coordinate the use and acceptance of reagents and by-products coal at PEC coal plants 23

Regulated Fuels Coal Transportation Jerry Boyd Manager Senior Transportation Specialist (3) Lead Transportation Specialist (1) Coal Scheduler (2) Senior Engineer (1) Manager Coal Transportation l Optimize coal inventory at PGN fossil fuel plants l Oversee transportation of coal to the plants by all modes (rail, truck, and water) l Manage costs of private rail cars, including maintenance l Manage reagent procurement, delivery, and inventory (ammonia and limestone) l Manage transportation of by-products (gypsum and ash) 24

Regulated Fuels Coal Transportation – Job Descriptions Senior Transportation Specialist / Lead Transportation Specialist l Manage coal inventory at PGN fossil fuel plants l Coordinate transportation of coal to the plants by all modes (rail, truck, and water) l Manage reagent procurement, delivery, and inventory (ammonia and limestone) l Coordinate transportation of by-products (gypsum and ash) Coal Scheduler l Schedule shipments of coal via rail and barge with transportation companies/coal suppliers l Monitor transportation performance and interact with transportation companies/coal suppliers l Report on the status of coal shipments and deliveries Senior Engineer l Coordinate the use and acceptance of various qualities of coal at PEF coal plants l Interact with the plant operators for all coal related issues impacting plant performance l Coordinate the use and acceptance of reagents and by-products coal at PEF coal plants 25

Regulated Fuels Fuel Strategy & Long-Term Origination Kyle Crake Director Fuel Planning & Long-Term Origination Kent Fonvielle Manager PMI Business Development Lisa Cooper Director PMI Engineering & Operations Vacant Director Physical Address – not mailing address 100 East Davie Street TPP 10 Raleigh NC 27602 Director Fuel Strategy & Long-Term Origination l Manage the Dixie Fuels Ltd barge company l Manage the Progress Materials ash and technology company l Expand the PMI patented technology l Sell, construct, and operate PMI technology and ash solutions l Establishing and implementing PGN fuel strategy l Manage long term purchases of fuel and transportation services 26

Regulated Fuels Fuel Planning & Long-Term Origination Kent Fonvielle Manager Senior Gas Supply Rep (2) Senior Fossil Supply Rep (2) Senior Gas/Oil Engineer (1) Manager Fuel Planning & Long-Term Origination l Lead market analysis l Lead fuel and emissions strategy development l Manage long term purchases of fuel and transportation services l Assist in the planning and development of new generation Senior Gas Supply Rep / Senior Fossil Supply Rep l Perform market analysis l Research and recommend fuel and emissions strategy l Negotiate long term purchases of fuel and transportation services l Assist in the planning and development of new generation Senior Gas/Oil Engineer l Works directly with plant personnel on natural gas facilities operations and oil product stability l Assists new plant construction personnel with design and plant requirements for gas and oil facilities l Responsible for costs associated with the installation of gas and oil equipment 27

Regulated Fuels Progress Development PMI Business Materials VACANT Lisa Cooper Manager Director Sales Manager Robert Oliva Sales Manager Vacant Physical Address – not mailing address 100 East Davie Street TPP 10 Raleigh, NC 27601 Director PMI Business Development l Sell PMI technology and ash solutions l Permit CBO plants l Expand PMI technology l Promote ash utilization and environmental benefits Sales Manager l Sell PMI technology and ash solutions l Promote ash utilization and environmental benefits 28

Regulated Fuels PMI Engineering & Operations Vacant Director Plant Manager Bill Bartle Construction Chris Albers Manager Mechanical Engineer (1) Senior Mechanical Engineer (1) Director PMI Engineering & Operations l Expand PMI technology l Design and engineer plants l Oversee construction projects and procurement Plant Manager l Manage the Crystal River Aardelite plant and ash operations l Provide engineering, construction, and operation support to the CBO technology l Assist in the negotiation of contracts Mechanical Engineer / Senior Mechanical Engineer l Perform engineering research l Assist in operational tests l Perform engineering design and calculations l Execute engineering projects 29

Regulated Fuels Construction Chris Albers Manager Project Technical Specialist (1) Manager Construction l Manage vendor relationships l Manage construction projects l Assist in procurement and permitting Project Technical Specialist l Manage on-site construction activities l Assist in the procurement and negotiation of construction contracts l Manage vendor relationships 30

Regulated Fuels Fuel Forecasting & Regulatory Support Bruce Barkley Manager Senior Fuels Analyst (3) Manager Fuel Forecasting & Regulatory Support l Responsible for fuel and emissions forecasting. l Issue fuel reports internal and external. l Support the regulatory fuel filings. Senior Fuels Analyst l Supports data requests for fossil fuel analyses, forecasts, and budgets l Prepares input for the generation and fuel forecast processes l Provides support for regulatory filings related to fuels 31

Regulated Fuels Gas & Oil Trading Pamela R Murphy Director Gas & Oil Vacant Manager Senior Gas Trader (2) Gas Trader (1) Senior Financial Commodity Trader (1) Director Gas & Oil Trading l Acquires short- and long-term natural gas and transportation for PEC and PEF l Manages the overall day-to-day gas trading, hedging, and procurement plans l Optimizes natural gas assets to maximize profits and/or savings to ratepayers and company l Participates in project planning and plant supply requirements with term marketing with a focus on pipeline transportation and storage l Coordinates between pipelines to maximize profits and/or savings to ratepayers and company Senior Gas Trader / Gas Trader l Short-term procurement, trading, hedging and transportation of natural gas for PEC and PEF l Responsible for trading physical natural gas commodities l Assists in the development of seasonal supply contracts l Develops monthly and seasonal setup strategies for storage and supply requirements l Inputs trades into electronic deal capture system Senior Financial Commodity Trader l Responsible for executing PEC and PEF hedging strategy l Executes gas and oil financial products l Executes emissions credit trading l Develops and assists Gas Traders on overall management of short-term optimization strategies 32

Regulated Fuels Gas & Oil Vacant Manager Senior Oil Trader (1) Gas Scheduler (1) Senior Gas Scheduler (1) Manager Gas & Oil l Manages the fuel oil procurement program and hedging strategy for regulated oil-fired generation l Recommends to management requests for bid proposals; reviews and analyzes proposals received; and negotiates contracts for fuel oil supply and transportation l Participates in cross-functional project planning and implementation teams to ensure that gas and oil supply infrastructure and logistics are adequately considered in project planning and implementation l Manages the day-to-day natural gas scheduling for the regulated fleet l Oversees the gas/oil engineering responsibilities associated with new and existing gas/oil fired generation fleet 33

Regulated Fuels Gas & Oil – Job Descriptions Senior Oil Trader / Oil Trader l Develops oil procurement and logistics for oil-fired generation l Implements hedging strategy for No. 6 fuel oil for PEF l Negotiates term and spot market purchases of fuel oil l Reviews and recommends optimum fuel inventory targets and inventory management plans l Prepares and delivers testimony as required for various regulatory activities and reviews regulatory proposals to develop the company position, estimates impacts, and prepares recommendations for the company response Senior Gas Scheduler / Gas Scheduler l Responsible for pipeline nomination and scheduling l Monitors pipeline transportation contract imbalances l Maintains pipeline pool imbalances l Integrates suppliers scheduled vs. actual deliveries for consistency l Coordinates system data input with pipeline actual for billing 34

Progress Energy Inc Robert B Mc. Gehee Chairman & Chief Executive Officer Progress Energy Inc William D Johnson President & COO Operations Business Svcs Mark Wimberly Director Power Operations E Michael Williams Sr Vice President Transmission* Sarah S Rogers Vice President * For Carolinas & Florida President & COO Progress Energy Inc William D Johnson Responsible for providing oversight and strategic directions for the following areas: l Oversight of all Progress Energy energy supply and delivery facilities (generating plants, transmission and distribution): Planning and Dispatching, Operations, Maintenance, Reporting, Regulatory and Environmental Compliance l Focus on operating, maintaining, and leveraging total Energy Supply and Energy Delivery resources for maximum safety, eligibility and benefit l Direct reports include the CEOs of Progress Energy Carolinas and of Progress Energy Florida, respectively, Sr. VP Power Operations, Chief Nuclear Officer and Senior VP Nuclear Generation, and VP Transmission. 35

Business Services Operations Business Services Mark Wimberly Director RCO / Regulated Fuels Business Services Donna Massengill Manager Director Operations Business Services l Oversight of all financial planning and business planning for the Chief Operating Officer and the Operating Business Units which include the Nuclear Generation Group, Power Operations Group, Energy Delivery Carolina, Energy Delivery Florida, and Regulated Commercial Operations/Fuels. l Responsible for the coordination of performance goal setting including incentive performance targets for each Operating Business Unit. l Responsible for ensuring that appropriate business controls exist to allow management to effectively manage performance and accurately record costs. l Direct the strategic business planning process for the Chief Operating Officer and the operating business units. This includes collaboration with business unit executive management to establish clear strategic direction through the alignment of business unit plans with the corporate strategic business plan 36

Business Services RCO / Regulated Fuels Business Services Donna Massengill Manager Sr Bus Fin Analysts (2) Lead Risk Analyst (1) Manager RCO / Regulated Fuels Business Services l Provide financial support and consultation for Regulated Commercial Operations (RCO) VP and Regulated Fuels (RFD) VP and their respective management teams l Manage preparation and reporting of budget and long-term financial forecast for RCO l Manage monthly, quarterly, year-to-date and year end projected functional reporting and variance analysis for RCO and RFD l Participate with RFD in reviewing and analyzing Generation and Fuel forecast and fuel filings l Prime IT Governance structure and process for RCO and RFD l Prime business controls process for RCO and RFD Sr Business Financial Analyst l Provide financial support and consultation for Regulated Commercial Operations (RCO) VP and Regulated Fuels (RFD) VP and their respective management teams l Prepare and report budget and long-term financial forecast for RCO l Prepare monthly, quarterly, year-to-date and year end projected functional reporting and variance analysis for RCO and RFD l Ad-hoc projects and support to other team members as required Lead Business Financial Analyst l Liaison with Enterprise Risk Management organization with regard to risk reporting and analysis of RCO and RFD l Support Portfolio Management and RCO Structuring in risk analysis of Excess Generation sales and wholesale contracts l Model over/under-recovery of fuel by commodity l Ad-hoc projects and support to other team members as required 37

Power Operations E Michael Williams Sr Vice President Sys Planning & Ops R Erik Hansen Vice President Tech Svcs & Construction Joel Y Kamya Vice President Senior Vice President Power Operations E Michael Williams Responsible for providing oversight and strategic directions for the following areas: l Develops oil procurement and logistics for oil-fired generation l Implements hedging strategy for No. 6 fuel oil for PEF l Negotiates term and spot market purchases of fuel oil l Reviews and recommends optimum fuel inventory targets and inventory management plans l Prepares and delivers testimony as required for various regulatory activities and reviews regulatory proposals to develop the company position, estimates impacts, and prepares recommendations for the company response 38

System Planning & Operations R Erik Hansen Vice President Power System Ops-Carolina K Randy Wilkerson Director System Resource Planning Ben Crisp Director Power System Ops-Florida Eric S Grant Director System Support P Wayne Lewis Director Regional Planning Verne B Ingersoll II Director VP System Planning and Operations Department R Erik Hansen Responsible for providing oversight and strategic directions for the following areas: l Company capacity and energy supply plans l Operation of Company transmission and generation l Operational coordination with regional transmission organizations l Support of regional and national reliability organizations 39

System Planning & Operations Power Sys Ops-Carolina K Randy Wilkerson Director Lead Tech Proj Mgmt Spec Operations Support Lynn Mull Manager Pwr Sys Ops-Carolina Sammy Roberts Manager Pwr Sys Ops Training Jule Tate Manager Transmission Services Mike Anthony Manager Director Power System Operations-Carolina l Provide for transmission services and billing under the Pro Forma Tariff l Perform dispatch operation of the generation and transmission system l Provide generation and transmission system reliability analyses l Provide generation/control area regulation l Provide for generation outage coordination and scheduling l Manage the OASIS and requests for service under CP&L’s Open Access Transmission Tariff l Maintain compliance with FERC Orders on Open Access l Maintain compliance of NERC standards and policies l Participate in industry forums such as NERC/SERC/VACAR to adequately prepare for a deregulated environment l Provide training for dispatchers l Manage staffing Plan for control room l Provide liaison to NERC and SERC committees Lead Technical Project Management Specialist l Develop engineering solutions to and providing technical guidance to others for the implementation of network customers into the EMS, interface with our transmission network customers, maintain good relationships, and comply with FERC Order 888 l Develop the Network Operating and Network Integrated Transmission Service Agreements (as required by FERC), act as a liaison between SPOD and Energy Delivery for these engineering solutions, and ensure that the reliability of the Carolina power system is not jeopardized 40

System Planning & Operations Support Lynn Mull Manager Senior Financial Spec (2) System Power Admin (2) Tech Support Asst I (2) Manager Operations Support l Manage the resources required for: l Financial Reporting l Power and Transmission Billing activities l Administration of the Progress Energy Inc. regulated NERC/GADS Database l System Operations analytical, technical and administrative support l Oversee facilities management and support functions 41

System Planning & Operations Support - Job Descriptions Senior Financial Specialist l Administer the NERC-GADS Database - Certifying the integrity of all performance and outage data for the PGN Inc. regulated generation assets l Provide reports and analysis of plant performance data, transmission transactions and regulatory reporting l Develop billing programs that meet accounting requirements for new or revised power & transmission contracts l Perform all monthly billing activities to ensure accurate recording, collection and reconciliation of power & transmission revenues System Power Administrator l Department Financial Coordinator (budget development/cost management/variance reporting) l Technical/analytical support to NCEMPA telemetry system l NERC compliance reporting l Energy Accounting analysis l ECC billing administration l Contract Administrator for PGN’s Trans Open-Access Tariff l Transmission Services Help Desk l Interconnection Agreement administration l System Planning Impact/Facility Studies Project administration l OASIS Security Officer l Building and grounds contract administration l Invoice/contract/purchase request/procurement card payment processing & reconciliation Technical Support Assistant I l Clearance request support l 228 -I Distribution l Technical support to ECC’s Stop Test Tracking System l PGN’s Transmission Open-Access Tariff and transmission customer access support l Transmission and generation operations support l On-Call System administration l NCEMPA Telemetry System support l Maintenance/distribution of Substation & Transmission One-lines l Department Time Entry Coordinator l PGN’s OASIS Organization Chart Custodian l Invoice/contract/purchase request/procurement card payment processing & reconciliation 42

System Planning & Operations Power Sys Operations-Carolina Sammy Roberts Manager Power System Operations Neal Barrow Jeff Brinchek George Cole Gary Johnson Scott Lewter Supervisors System Operators (15) Manager Power System Operations-Carolina l Coordinate the control functions and manpower requirements l Project system conditions and plan resources for the next seven days l Responsible for maintaining system reliability and economics l Oversee OASIS and CP&L’s Open Access Transmission Tariff 43

System Planning & Operations Power System Operations-Carolina - Job Descriptions Supervisors Power System Operations l Responsible for overall operations in the control room l Next day planning, load forecasting l Unit commitment, reserve planning l Transmission system reliability System Operators Automatic Gen Control Desk l Responsible for running the AGC system l Coordinating interchange schedules with neighbor control areas l Processing Schedule Tags l Coordinating generating resource outputs to match load requirements System Operators Transmission Reliability Desk l Responsible for the state estimator model solutions, real-time contingency analysis l Maintaining system voltage profile System Operators Transmission Service Desk l Responsible for the real-time OASIS, the hourly and daily ATC values l Evaluating non-firm and short-term firm point-to-point transmission requests System Operators Transmission Switching Desk l Responsible for issuing transmission switching instructions l Coordinating unplanned transmission outages with field personnel, responding to transmission alarms 44

System Planning & Operations Power Sys Ops Training Jule Tate Manager Assoc Sys Operator (6) Pwr Sys Ops Training Team-FL Sr Eng (1) System Operator (3) Manager Power System Operations Training l Coordinate change for the ECC l Provide training for System Operators l Coordinate the control room staffing plan l Act as liaison to NERC and SERC committees l NERC Operating Compliance Program Monitor Associate System Operators l In System Operator Qualification Program Power Sys Ops Training Team-FL Sr Engineer / System Operator l Engineer/coordinator/instructor for the System Operator Training Program l Responsible for power system simulator operation l General control room and procedure support l Coordinate change for the ECC l Lead engineer for marketing Power System Operations Training l Monitoring of NERC Policy Changes 45

System Planning & Operations Transmission Services Mike Anthony Manager Engineer (3) Lead Engineer (3) Senior Engineer (2) Sr Eng Tech Supp Spec (2) Manager Transmission Services l Coordinate system reliability issues l Ensure compliance with FERC Orders and OATT l Ensure compliance with NERC, SERC and VACAR policies l Network customer operations contact and coordination l Provide oversight of Transmission Services personnel and functions l Regional coordination of transmission plans l Support the Security Coordinator planning process for the ECC Carolina’s 46

System Planning & Operations Transmission Services-Carolina - Job Descriptions Engineer l Coordinate ECC reliability drills l Ensure proper implementation of OATT l Long term ATC calculations (13 months beyond next peak season) l Marketer Interface/Business Practices l Perform generation/transmission outage reliability studies l Provide the control room with operating procedures l Short term ATC Calculations (through next peak season) l Support the Security Coordinator planning process for the ECC l Transmission Service request disposition l Update General Load Reduction Plan Lead Engineer l Administer generator interconnection and operating agreements l Administer network integration service applications and network operating agreements l Compliance monitoring l ECC transmission equipment outage request coordinator l Ensure proper implementation of OATT l FERC Form 715 Filing l Marketer Interface/Business Practices l Perform summer and winter operating studies l Perform transmission/generation outage reliability studies l Provide switching instructions for the control room l Support the Transmission Department with scheduling projects l Transmission Service request disposition 47

System Planning & Operations Transmission Services-Carolina - Job Descriptions Senior Engineer l Joint interconnection planning studies with other utilities l Perform transmission/generation outage reliability studies l Provide back-up to the Lead Engineers as needed l Provide the control room with operating procedures l Progress Energy Carolina’s Representative to the VST Study Group which develops power flow models for use in conducting interconnection operating and future year studies l Support the Security Coordinator planning process for the ECC Senior Engineer Technical Support Spec l ECC transmission equipment outage request coordinator l Joint Interconnection Planning studies with other Utilities l Provide long term ATC back-up and VST support for the Senior Engineer l Provide switching instructions to the control room l Progress Energy Carolina’s Representative to the VASTE Study Group which performs seasonal interconnected system operating studies and VASTE OASIS studies l Short term ATC calculations (through next peak season) l Support the Transmission Department with scheduling projects 48

System Planning & Operations Power System Ops-Florida Eric Grant Director Power Sys Operations Preston Pierce Manager Transmission Services Lee Schuster Manager Director Power System Operations-Florida l Provide for transmission services and billing under the Pro Forma Tariff l Perform dispatch operation of the generation and transmission system l Provide generation and transmission system reliability analyses l Provide generation/control area regulation l Provide for generation outage coordination and scheduling l Manage the OASIS and requests for service under FPC's Open Access Transmission Tariff l Maintain compliance with FERC Orders on Open Access l Maintain compliance of NERC standards and policies l Participate in industry forums such as NERC/FRCC/SERC to adequately prepare for a deregulated environment l Provide training for dispatchers l Manage staffing Plan for control room l Provide liaison to NERC and SERC and FRCC committees l Provide leadership, direction, and overall management for the Energy Control Center 49

System Planning & Operations Power Sys Operations-Florida Preston Pierce Manager Power System Operations Miles Albritton Rey Garcia Christopher Loving Supervisors (3) Dispatchers (22) Manager Power System Operations-Florida l Manage the resources required to operate the ECC control room in a FERC and NERC compliant manner l Manage the OASIS and requests for service under FPC’s Open Access Transmission Tariff Supervisors Power System Operations l Responsible for overall operations in the control room l Next day planning, load forecasting l Unit commitment, reserve planning l Transmission system reliability 50

System Planning & Operations Power System Operations-Florida - Job Descriptions Dispatcher Automatic Generation Control Desk l Responsible for running the AGC system l Coordinating generating resource outputs to match load requirements l Assess the need for FPC resources and/or off-system purchases to meet native load requirements l Monitor the transmission, generation, communication and computer systems and initiate the corrective actions necessary to maintain power system reliability l Responsible for maintaining system economics Dispatcher Interchange Coordination Desk l Responsible for coordinating interchange schedules with neighbor control areas l Processing schedule tags l Responsible for the real-time OASIS, the hourly and daily ATC values, evaluating non-firm and short-term firm point-to-point transmission requests l Respond to OASIS requests for service under FPC’s Open Access Transmission Tariff l Monitor the transmission, generation, communication and computer systems and initiate the corrective actions necessary to maintain power system reliability l Responsible for maintaining system economics Dispatcher Transmission Reliability Desk l Responsible for the state estimator model solutions l Real-time contingency analysis l Maintaining system voltage profile l Issuing transmission switching instructions l Coordinating unplanned transmission outages with field personnel l Responding to transmission alarms l Coordinate all scheduled activities and switching on the transmission system to ensure safety and reliability l Monitor the transmission, generation, communication and computer systems and initiate the corrective actions necessary to maintain power system reliability l Responsible for maintaining system economics 51

System Planning & Operations Transmission Services Lee Schuster Manager Associate Engineer (1) Lead Engineer (1) Senior Engineer (2) Lead Eng Tech Sup Spec (1) Sr Eng Tech Sup Spec (2) Senior Financial Specialist (1) Manager Transmission Services l Transmission customer interface l Transmission requests/NOA/NITSA l OASIS business practices l ATC/CBM/TRM calculations l Generator interconnection requests l Contract implementation l Transmission Expansion liaison l PEF/FRCC transmission database (PSSE) l Maintain EMS dynamic system model l Under-frequency relay program l RTO coordination liaison l Maintain operating and emergency procedures l Coordinate transmission outages and system reliability l Reporting, billing, and budgeting functions l Site physical security 52

System Planning & Operations Transmission Services-Florida - Job Descriptions Lead Engineer l Coordinate and perform generator interconnection studies l Coordinate and perform regional interconnection studies l Provide technical direction for ATC calculation activities l Represent FPC on regional reliability study groups and task forces Lead Eng Tech Sup Spec / Senior Engineering Technical Support Specialist l Develop and maintain database for load flow model and respond to special database requests l Maintain EMS dynamic system model l Act as agent to develop the transmission database for FRCC planning studies l Maintain the System Operator Reference Manual Senior Engineer l ATC calculations l Serve on FRCC ATC working group l Serve on NERC distribution factor task force l Perform transmission system operational analyses and studies l Evaluate long-term firm transmission service requests l ECC transmission equipment outage request coordinator l Supports the Transmission Expansion department with scheduling large projects l Provide transmission services, security coordination and reliability support l FRCC Operations Planning Coordinator (OPC) agent l General control room support, procedure support, and change control coordinator l Maintain system models and analyze results to support short-term operations l Assist in analyzing switching and tagging requirements l Summer/Winter operating studies Senior Financial Specialist l Short-term load forecasts l Support generation dispatch operations l Transmission billing, budgeting and accounting l Energy accounting, checkouts, regulatory and compliance reporting 53

System Planning and Operations Regional Planning Verne B Ingersoll II Director Project Leader II (1) Director Regional Planning l Manage RTO activities l Analyze emerging issues and restructuring activities l Manage regional reliability and power supply issues l Support regulatory activities Project Leader II l Represent Progress Energy’s interest on RTO related issues and developments l Stay current on RTO developments in the US and convey this knowledge to others within Progress Energy l Provide project management for RTO activities 54

System Planning & Operations System Resource Planning Ben Crisp Director Project Leader (3) Gen Modeling & Analysis Mike Jacob Manager Resource Planning Sam Waters Manager Director System Resource Planning l Direct development and application of market data intelligence in energy costing and resource optimization models l Provide Generation capacity planning for regulated utility plans, including regulatory submittals l Develop and implement Integrated Resource Plan for generation fleets l Prepare budget power estimates for fleet power cost tracking l Monitor fuels procurement and implement cost optimization programs for regulated fleets l Manage generation request for proposal process to insure best supply cost practices 55

System Planning & Operations System Resource Planning - Job Descriptions Project Leader l Coordinate and execute analyses that supports Progress Energy’s strategic business decisions related to industry restructuring, asset optimization, market penetration, and asset diversification l Perform analyses of market conditions, and create optimum strategic scenarios of generating and purchased power assets in a transitional market, as well as a fully deregulated market environment l Manage development and implementation of Requests for Proposals for power supply resources l Assess and develop methods for managing asset ownership risks l Optimize the mid-term transitional value of the existing portfolio of generating and contracted supply assets l Develop and maintain analytical methods, techniques, and tools, that provide state-of-the-art market analyses and intelligence reports l Translate analysis results into useable/actionable information and recommendations l Coordinate and lead strategic corporate projects that require a broad variety of generation resource, power marketing, technical analysis and strategic assessment skills l Monitor and review existing and proposed statues and regulatory processes that impact the resource planning function and interface with regulatory bodies related to such to represent corporate perspectives l Manages all aspects of planning and coordinates oversight for fuels procurement and utilization for regulated generations assets l Develops fuel consumption plans for regulated assets based on fleet operating forecasts l Coordinates oversight of fuel procurement and fuels management activities with Fuel Trading and Fuel Marketing groups to insure optimization of asset inventories and costs on behalf of regulated fleet 56

System Planning & Operations Generation Modeling & Analysis Mike Jacob Manager Financial Specialist (2) Lead Financial Specialist (1) Senior Engineer (1) Senior Financial Specialist (3) Manager Generation Modeling & Analysis l Reliability modeling and analysis l Generation portfolio optimization l Production cost studies l DSM cost-effectiveness evaluations 57

System Planning & Operations Generation Modeling & Analysis - Job Descriptions Financial Specialist l Provide technical database management and maintenance support for reliability and production cost modeling efforts l Perform quality control analysis to ensure data accuracy l Assist with using planning models and performing planning analyses l Develop, maintain and monitor generation and fuel related databases l Assist in the development of fuel clause testimony and back-up materials l Prepare reports and presentations Lead Financial Specialist l Valuation of existing generating assets l Production cost studies l Resource optimization and planning l Reliability modeling and analysis Senior Engineer / Senior Financial Specialist l Modeling and analysis in support of generation resource portfolio plans l Strategic generation operating simulations and scenarios l Generation system reliability analyses using the TIGER model l Production cost modeling l DSM cost-effectiveness evaluations 58

System Planning & Operations Resource Planning Sam Waters Manager Lead Engineer (1) Principal Engineer (1) Senior Financial Specialist (2) Manager Resource Planning l Generating asset valuation l Generating system optimization l Resource Planning – cost and reliability assessment l Market and industry analyses l Regulatory testimony and filings 59

System Planning & Operations Resource Planning - Job Descriptions Lead Engineer l Support RFP development and analyses l Perform evaluations of new resource options and re-powering/refurbishing at existing generating plants l Prepare certificate applications and regulatory filings l Manage the development of new processes/tools for maintaining planning data l Support generation siting activities Principal Engineer l Conduct generation resource portfolio planning and optimization studies l Lead new generation technology assessments l Perform RFP development and economic evaluation activities l Direct system reliability assessments Senior Financial Specialist l Support RFP analyses l Support power market analysis and system generation optimization studies l Develop busbar cost estimate for new generation alternatives l Conduct system reliability analyses l Prepare regulatory filings and responses to data requests l Provide technical and administrative support for production planning data maintenance l Provide technical and administrative support for Annual report of updates to the Resource Plan, the annual Integrated Supply Summary Report, the Triennial Resource Planning filing, and study reports l Maintain the resource planning document center l Provide support for monitoring the unit’s business planning and budgeting needs 60

System Planning & Operations System Support P Wayne Lewis Director Project Leader II (1) EMS Operations Gary J Leino Manager EMS Projects T C Thomas Manager Director System Support l Directs Engineering & Operations support to Energy Management System (EMS) operation l Provide development and maintenance of EMS Databases and Displays, l Coordinate leadership of on-going EMS software and hardware migrations Project Leader II l Manage EMS Project for Florida conversion l Coordination and development of EMS Support System integration and migration l Lead special projects as assigned by Director-System Support 61

System Planning & Operations EMS Operations Gary J Leino Manager Lead EMS Sup Spec (2) Lead Engineer (1) Sr Engr Technical Sup Spec(2) Sr EMS Sup Spec (3) Control System Tech I (3) Engineer (1) Engineering Tech (1) Eng Tech Sup Specialist (2) SPAC Tech (2) Manager EMS Operations l Manage Operations and Maintenance of Energy Management System functions l Manage RTU and MMI databases for transmission and distribution systems l Manage support for FERC, NERC and other regulatory requirements l Manage Operations and Support of ancillary Control Rm PC applications and tools 62

System Planning & Operations EMS Operations - Job Descriptions Lead / Senior EMS Sup Spec l EMS applications operations and support l Maintain the AGC suite of applications l Energy accounting systems operations and support l Maintain OASIS, Florida Transaction Management and Inter-Utility Data Link applications and infrastructure l Support PC and network applications users of the EMS data l Database, data acquisition and Man-Machine Interface maintenance l Rotational 7 x 24 on-call support to the ECC dispatch operations Lead / Engineer l Monitor the client-server network and EMS to prevent computer system outages l Optimize EMS and client-server network configuration for maximum utilization l Install system upgrades l Manage EMS upgrades and ancillary hardware support projects Engineering Technician / Sr Engineering Technical Support Spec l Update system one-line diagram information l Maintain and control identifiers for transmission system devices l Create new and edit existing substation one-line and tabular video displays for the EMS and the RUDI distribution project l Build the real-time transmission and distribution system model using database loading tools l Create and edit source files to produce input for the database loader for the EMS and RUDI distribution project l Provide mapboard hardware support l Prepare point assignments sheets for mapping field information into the EMS/SCADA database information l Commission field RTU communications protocols l Provide SCADA consulting services to other area of the company SPAC Technician / Control System Tech I l Provides H/W construction & maintenance of Control Room functions l Provides H/W construction & maintenance of Computer Room functions l Provides RTU / Front End processor configuration and maintenance support 63

System Planning & Operations EMS Projects T C Thomas Manager Princ Engineer (3) Princ EMS Sup Spec (1) Lead EMS Sup Spec (2) Senior EMS Sup Spec (6) EMS Sup Spec (1) Manager EMS Projects l Manage development of Energy Management System functions l Manage development for FERC, NERC, RTO and other regulatory requirements l Manage development and support of ancillary PC client server applications and tools Principal Engineer l EMS advanced power applications development and operational support l Lead and coordinate special projects Sr / Lead / Princ EMS Sup Spec l EMS applications development and support l Energy transactions systems development and support l Energy accounting systems development and support 64

Technical Services & Construction Joel Y Kamya Vice President Continuous Improvement Bernard C Cook Manager Engineering-POG Edgar D Brewer Director New Generation Project Tom Cornell Director Major Projects Gary C Tonnemacher Director Vice President Technical Services & Construction Joel Y Kamya Responsible include providing oversight and strategic directions for the following areas: l Provide project management and oversight for large construction projects l Ensure project development and site management functions are performed to meet project, plant, and department goals l Prepare and manage project budgets and schedules l Develop appropriate contingency plans to support all ongoing and planned project activities l Support development and implementation of contracting strategy for engineering, procurement, and construction contracts l Provide management and oversight for commissioning and startup testing of newly constructed plants l Manage the implementation of the project environmental control plan l Provide oversight for the project health and safety program l Maintain community relations at construction projects prior to and during construction l Secure all required environmental and regulatory permits necessary for construction of new power plants l Site and plan for new generation projects in PEF and PEC l Develop and manage all major project-related contracts l Provide all required engineering support to new generation construction projects 65

Technical Services & Construction – Job Descriptions Director Major Projects l Supports air compliance l Develops air compliance plans l Executes air compliance projects l Evaluates new air compliance technologies l Provides in-house technical expertise 66

Technical Services & Construction Continuous Improvement Bernard C Cook Manager Training Services Anthony Ware Supervisor Assoc Logistics Planning Analyst (1) Continuous Imp Specialist (4) Lead Cont Improvement Spec (2) Lead Craft/Technical Trainer (1) Lead Engineer (1) Manager Continuous Improvement l Responsible for improving POG productivity through People, Processes and Technology 67

Technical Services & Construction Continuous Improvement – Job Descriptions Associate Logistics Planning Analyst l Documentation liaison between PCD and CTOPS l Manage documentation associate with construction projects l Document control organization for non-regulated plants Continuous Improvement Specialist / Lead Cont Improvement Specialist l Under development Lead Craft Tech Trainer l Responsible for providing craft training to employees in the Power Operations Group Lead Engineer l Under development 68

Technical Services & Construction Training Services Anthony Ware Supervisor Lead Craft/Technical Trainer (7) Training Services Coordinator (1) Training Specialist (2) Supervisor Training Services l Responsible for developing and maintaining the following programs: l Maintenance Excellence l Operator Excellence l Fuel Handling Excellence l Combustion Turbine Technician Excellence l Simulator Development l Environmental, Health & Safety Training 69

Technical Services & Construction Training Services – Job Descriptions Lead Craft/Technical Trainer l Under development Training Services Coordinator l Training Coordinator provides a liaison between the plant and the Training Unit to identify, schedule, coordinate, and record plant specific training. Training Specialist l Under development 70

Technical Services & Construction Engineering-POG Edgar D Brewer Director Document & Drafting Svcs Ed Crespo Supervisor Engineering Support Michael Reid Manager Non-Destructive Eng Robert Hathorn Supervisor Programs-POG Thomas Fay Manager Lead Engineer (1) Director Engineering-POG l Engineering problem solvers that add value by leveraging knowledge and technology in the areas of project and engineering support, programs leadership, and strategic and central engineering Supervisor Drafting & Document Control l Develop and implement engineering processes and provide superior technical support to increase operational effectiveness throughout Progress Energy Power Operations units Supervisor Non-Destructive Engineering l Responsible for providing NDE services to the Power Operations Group 71

Technical Services & Construction Engineering Support Michael Reid Manager Associate Engineer (2) Lead Engineer (6) Senior Engineer (2) Manager Engineering Support l Provide engineering and technical services to Power Operations and other Progress Energy businesses Associate Engineer / Lead Engineer / Senior Engineer l Troubleshoot complex emergent issues; design review, develop work scope, design specifications, establish bidding process, manage contract; power plant performance modeling; and identification of technical solutions/technology evaluation 72

Technical Services & Construction Programs-POG Thomas Fay Manager Engineering Technician (1) Lead Engineer (10) Senior Engineer (4) Senior Eng Tech Support Specialist (1) Manager-Programs-POG l Responsible for the following programs: Condition Assessment Chemistry Coatings Corrosion Control Thermal Performance Configuration Management Welding Performance Testing 73

Technical Services & Construction Programs-POG– Job Descriptions Engineering Technician l Under development Lead Engineer / Senior Engineer l Under development Senior Eng Tech Support Specialist l Under development 74

Technical Services & Construction New Generation Project Tom Cornell Director Plant Construction George Hickman Manager Project Engineering Kevin Murray Manager Eng & Commercial Support John Robinson Manager Director Engineering, Siting & Planning l Responsible for project development and site management functions l Responsible for providing project management and oversight l Prepare and manage project budgets 75

Technical Services & Construction Plant Construction George Hickman Manager Lead Tech Proj Mgmt Spec (1) Prin Tech Proj Mgmt Spec (1) Sr Env Specialist (1) Tech Proj Mgmt Spec(1) Manager Plant Construction l Responsible for providing project management and oversight l Prepare and manage project budgets Lead Technical Project Management Specialist / Prin Tech Proj Mgmt Spec / Tech Proj Mgmt Spec l Project engineering support l Contract management l Genco support Sr Environmental Specialist l EHS oversight for construction projects l Coordinate for all EHS activities 76

Technical Services & Construction Proj Engineering Kevin Murray Manager Lead Tech Proj Mgmt Spec (1) Manager Project Engineering l Responsible for managing major contracts on construction projects l Manages all engineering required for new construction projects Lead Technical Project Management Specialist / Technical Project Management Specialist l Project engineering support l Contract management l Genco support 77

Technical Services & Construction Eng & Commercial Support John Robinson Manager Lead Tech Proj Mgmt Spec (2) Lead Proj/Siting & Dev Analyst (1) Manager Engineering & Commercial Support l Secure all permits necessary for construction of new power plants l Responsible for planning & siting for new generation projects l Responsible for establishing new contracts required to support new projects Lead Technical Project Management Specialist l Project development and engineering for new energy projects l Contract and budget development l Cost estimates Lead Project Siting/Development Analyst l Project development for new projects l Project support for SPOD, RCO, CCO 78

Transmission Sarah S Rogers Vice President RTO Development Charles J Harper Manager Trans Asset Mgmt Robert H Mc. Call Director Trans Const & Eng-Carolinas Raymond L Davis Jr General Manager Trans Maintenance-Carolinas Richard A Brown General Manager Trans Maintenance-Florida Ray F De Souza General Manager Trans Planning-Carolinas Andrew M Byrd Manager Trans Const & Eng-Florida Richard W Bagley General Manager Trans Planning-Florida G Brantley Tillis Manager Vice President Transmission Department Sarah S Rogers Responsible for providing oversight and strategic directions for the following areas: l Manage the design, construction and maintenance of the CP&L Transmission system to ensure that cost and performance are optimized and that safety rules and practices are adhered to l Develop a strong management team and ensure plans are in place for succession at all levels l Serve as single point of contact for all transmission issues Manager RTO Development l Manage and direct the Regional Transmission Organization (RTO) development team for Progress Energy Florida. l Represent Progress Energy Florida Transmission on industry boards and organizations. 79

Transmission Trans Asset Mgmt Robert H Mc. Call Director Trans Component Engr Harold L Hilton Manager Operational Reliability Michael R Kirkland Manager Maint Resource Mgmt Melody Birmingham-Byrd Manager Performance Support Donna L Graham Manager Director Transmission Asset Management l Manage system reliability and power quality services unit, which supports the Carolina and Florida operations (physically located in Raleigh, NC). This includes monitoring and evaluating transmission system performance and providing strategic direction for system design and maintenance to ensure world class performance, reliability and cost. 80

Transmission Asset Management - Job Descriptions Manager Transmission Component Engineering l Perform equipment/component evaluations on new, in service and failed equipment l Institute new, revise and maintain current Maintenance Program l Investigate and produce repair and troubleshooting information l Provide guidance and support to the field organization l Establish methods and processes to ensure reliability of equipment while decreasing cost of operation and maintenance l Maintains current test data, condition assessments, trouble reports and all other information that indicates or provide reference to equipment problems l Define and refine the Maintenance Procedures for assigned asset to improve equipment performance l Perform data evaluations and turn results into usable and understandable information l Perform financial impact studies to include gross and net value of assigned asset, annual maintenance cost and maintenance labor impact of asset Manager Maintenance Resource Management l Work forecasting, program management, and long-range resource planning l Direct daily planning, scheduling, and resource management l Optimize resource planning to best utilize resources, equipment, and materials l Inventory management l Standardization of tools/test equipment and managing equipment pools 81

Transmission Asset Management - Job Descriptions Manager Operational Reliability l Develop policy, processes, procedures, and systems to ensure that transmission assets are maintained and managed in compliance with all applicable safety, reliability standards, contractual and tariff obligations, federal, state, and local regulations and laws l Determine criteria and set reliability performance targets for transmission assets l Track and trend performance data to provide leading performance indicators, establish and maintain key performance indicators l Review and analyze system outages l Develop, negotiate, and maintain all Energy Supply interface agreements, including nuclear, fossil, independent power producers, and load-serving entities (municipalities, co-ops, distribution end-user customers) l Develop, integrate, and manage system maintenance standards and plans to ensure that transmission assets are maintained in a cost-effective manner while achieving target reliability/performance levels Manager Performance Support l Provide daily/weekly direction for the Performance Support team in the Transmission organization for both Carolina and Florida l Provide the execution of strategies for business plan projects/initiatives, work process improvements, annual benchmarking studies and analysis l Development and monitoring of performance measures (KPIs), reward and recognition programs, management reporting, and business case development l Develop and manage IT budgets, allocating resources for IT related business projects, coordinating technical resources with IT personnel, and setting direction for IT project priorities within Transmission l Provide daily/weekly direction for craft trainers as well as programmatic direction to training program committees l Responsible for the craft and technical training programs and training delivery for both Transmission – Carolina and Florida 82

Transmission Trans Const & Eng-Carolinas Raymond L Davis Jr General Manager Transmission Construction Michael J Nix Manager Project Management & Sup Bruce Pierce Manager Protection & Control Engr Tom Williams Manager Technical Spec & Stds Rhonda Webb Manager Substation Engineering Ron Cooper Manager Line Engineering David Koepnick Manager General Manager Transmission Construction & Engineering - Carolinas l Accomplish departmental objectives by developing, monitoring, adjusting management plans, coaching, developing, counseling and disciplining employees l Direct activities of construction staff in order to construct transmission facilities in a safe, efficient, and economical manner l Supervise construction personnel engaged in the installation of transmission facilities l Provide staff support by developing schedules, assigning/monitoring work, gathering resources, and resolving operational problems l Establish organization goals, conduct staff performance appraisals, and maintain staff records and files l Control expenses by gathering/submitting budget information, scheduling expenditures, monitoring variances, and implementing corrective action l Recommend/plan/implement equipment/tool needs to improve productivity and/or achieve cost reductions l Ensure that all construction related activities are conducted in compliance with Company and government rules and regulations l Provide a strategic plan for the operation and maintenance of the transmission system that ensures world class performance l Ensure that the transmission system is operated and maintained with the highest reliability and quality possible at the lowest cost l Provide an efficient and professional technical support service to both internal and external customers l Maintain a current and effective Maintenance Standards and Intervals Programs that optimizes cost and reliability l Ensure compliance with all applicable laws, codes and regulations l Provide leadership and management in developing and maintaining a strong and effective organization and professional work unit with high standards of professional and technical expertise to accomplish Unit, Section, and Department goals and objectives l Develop key strategic partnerships with vendors to satisfy material and equipment needs at the lowest possible cost 83

Transmission Construction & Engineering-Carolinas - Job Descriptions Manager Transmission Construction l Accomplish departmental objectives by developing, monitoring, adjusting management plans, coaching, developing, counseling and disciplining employees l Direct activities of construction staff in order to construct transmission facilities in a safe, efficient, and economical manner l Supervise construction personnel engaged in the installation of transmission facilities l Provide staff support by developing schedules, assigning/monitoring work, gathering resources, and resolving operational problems l Establish organization goals, conduct staff performance appraisals, and maintain staff records and files l Control expenses by gathering/submitting budget information, scheduling expenditures, monitoring variances, and implementing corrective action l Recommend/plan/implement equipment/tool needs to improve productivity and/or achieve cost reductions l Ensure that all construction related activities are conducted in compliance with Company and government rules and regulations Manager Project Management & Support l Under Development Manager Technical Specifications & Standards l Under Development Manager Substation Engineering l Under Development Manager Protection & Control Engineering l Under Development Manager Line Engineering l Under Development 84

Transmission Trans Const & Eng-Florida Richard W Bagley General Manager Transmission Construction Bobby R Burgess Manager Line Engineering Gary Furman Manager Substation Engineering Sharon Arroyo Manager Protection & Control Engr Greg Welker Manager Project Mgmt & Sup John Goff Manager General Manager Transmission Construction & Engineering - Florida l Accomplish departmental objectives by developing, monitoring, adjusting management plans, coaching, developing, counseling and disciplining employees l Direct activities of construction staff in order to construct transmission facilities in a safe, efficient, and economical manner l Develop and maintain a construction staff to: l Supervise construction personnel engaged in the installation of transmission facilities l Provide support by developing schedules, assigning/monitoring work, gathering resources, and resolving operational problems l Establish organization goals, conduct staff performance appraisals, and maintain staff records and files l Direct cost and resource management programs to ensure that planned and scheduled work is managed and performed within the limits of department budget guidelines. l Recommend/plan/implement equipment/tool needs to improve productivity and/or achieve cost reductions l Ensure that all construction related activities are conducted in compliance with Company and government rules and regulations l Ensure that project management staff implement projects within the assigned scope, schedule and budget that meet customer expectations and quality requirements l Ensure that engineering design packages meet Company standards for safety and reliability l Develop and maintain a professional staff with strong technical, project management and business skills l Ensure that transmission engineering provides technical support as necessary to internal and external customers l Ensure a positive contractor and vendor relations through effective use of contracts, appropriate communications and effective management of resources l Provide leadership to employees ensuring accomplishment of Department Goals 85

Transmission Construction & Engineering-Florida - Job Descriptions Manager Transmission Construction - Florida l l l l Accomplish departmental objectives by developing, monitoring, adjusting management plans, coaching, developing, counseling and disciplining employees Direct activities of construction staff in order to construct transmission facilities in a safe, efficient, and economical manner Develop and maintain a construction staff to: l Supervise construction personnel engaged in the installation of transmission facilities l Provide support by developing schedules, assigning/monitoring work, gathering resources, and resolving operational problems Establish organization goals, conduct staff performance appraisals, and maintain staff records and files Direct cost and resource management programs to ensure that planned and scheduled work is managed and performed within the limits of department budget guidelines. Recommend/plan/implement equipment/tool needs to improve productivity and/or achieve cost reductions Ensure that all construction related activities are conducted in compliance with Company and government rules and regulations Manager Line Engineering l Under Development Manager Substation Engineering l Under Development Manager Protection & Control Engineering l Under Development Manager Project Management & Support l Under Development 86

Transmission Trans Maintenance-Carolinas Richard A Brown General Manager North Central Trans Area Mick Vander Ploeg Manager South-West Trans Area Glenn Dooley Manager Eastern Trans Area Kevin Butler Manager General Manager Transmission Maintenance-Carolinas l Manage the entire assigned transmission system to ensure that operation and maintenance are performed in a safe, efficient, cost effective and reliable manner l Serve and support C&OS, the generating plants, internal/external customers and the community l Ensure the safety of the employees and the public and the reasonable protection of the environment l Manage an effective organization and competent work force to contribute to the accomplishment of corporate, group, and department goals and objectives l Direct cost and resource management programs to ensure that planned and scheduled work is managed and performed within the limits of department budget guidelines l Manage relations with external customer to retain business and increase revenues l Lead and direct special assignments from the Transmission Department Vice President and other management as needed 87

Transmission Maintenance-Carolinas - Job Descriptions Managers North Central, Eastern, and South-West Areas - Carolinas l Manage the entire assigned transmission system to ensure that operation and maintenance are performed in a safe, efficient, cost effective and reliable manner l Serve and support C&OS, the generating plants, internal/external customers and the community l Ensure the safety of the employees and the public and the reasonable protection of the environment l Manage an effective organization and competent work force to contribute to the accomplishment of corporate, group, and department goals and objectives l Direct cost and resource management programs to ensure that planned and scheduled work is managed and performed within the limits of department budget guidelines l Manage relations with external customer to retain business and increase revenues l Lead and direct special assignments from the Transmission Department Vice President and other management as needed 88

Transmission Trans Maintenance-Florida Ray De Souza General Manager Northern Trans Area Donald Broadhurst Manager Southern Trans Area Rodney Hutcherson Manager Coastal Trans Area Howard Gugel Manager General Manager Transmission Maintenance - Florida l Manage the entire assigned transmission system to ensure that operation and maintenance are performed in a safe, efficient, cost effective and reliable manner l Serve and support C&OS, the generating plants, internal/external customers and the community l Ensure the safety of the employees and the public and the reasonable protection of the environment l Manage an effective organization and competent work force to contribute to the accomplishment of corporate, group, and department goals and objectives l Direct cost and resource management programs to ensure that planned and scheduled work is managed and performed within the limits of department budget guidelines l Manage relations with external customer to retain business and increase revenues l Lead and direct special assignments from the Transmission Department Vice President and other management as needed 89

Transmission Maintenance-Florida - Job Descriptions Managers Northern, Southern, and Coastal Areas - Florida l Manage the entire assigned transmission system to ensure that operation and maintenance are performed in a safe, efficient, cost effective and reliable manner l Serve and support C&OS, the generating plants, internal/external customers and the community l Ensure the safety of the employees and the public and the reasonable protection of the environment l Manage an effective organization and competent work force to contribute to the accomplishment of corporate, group, and department goals and objectives l Direct cost and resource management programs to ensure that planned and scheduled work is managed and performed within the limits of department budget guidelines l Manage relations with external customer to retain business and increase revenues l Lead and direct special assignments from the Transmission Department Vice President and other management as needed 90

Transmission Trans Planning - Carolinas Andrew M Byrd Manager Lead Eng (3) Principal Eng (1) Senior Eng (4) Senior Eng Tech Sup Spec (1) Manager Transmission Planning - Carolinas l Manage planning of transmission line and substation facilities l Manage coordination of new wholesale and retail transmission delivery points l Manage the development and funding approval for transmission line and substation projects l Assure that planned projects are cost effective in relation to benefit, acceptable customer service reliability, and operating flexibility l Coordinate Transmission Planning’s participation in SERC planning activities l Perform regulatory planning including filings, restructuring, and Tariff obligations 91

Transmission Planning-Carolinas - Job Descriptions Lead Engineer l Conduct regional planning and system impact studies l Determine required transmission projects and obtain funding approval l Act as liaison for Transmission Planning in coordinating with other departments the cost and scheduling for transmission projects l Coordinate with regional wholesale and retail customers on new transmission delivery points l Act as a liaison with regional wholesale and retail customers in maintaining an acceptable level of customer reliability Principal Engineer l Perform generator stability studies l Perform L. O. C. A. voltage studies l Maintain generator stability database l Analyze transmission clearances that affect stability and voltage support at PEC nuclear plants Senior Engineer l Supervise the maintenance of load flow and stability databases l Participate as a member on the SERC Power Flow and Stability Working Groups l Maintain skills in the use of software required to calculate ATC or support planning analysis l Determine required transmission projects and obtain project funding approval l Conduct regional transmission planning and system impact studies l Determine required transmission projects and obtain project funding approval l Coordinate with regional wholesale and retail customers on new transmission delivery points l Act as a liaison with regional wholesale and retail customers in maintaining an acceptable level of customer liability Senior Engineer Technical Support Specialist l Maintain summer and winter peak load power flow base cases for the upcoming 10 year period l Coordinate with planning personnel to facilitate data needs in support of various planning analyses l Maintain positive and active working relationships with various data suppliers to receive most recent source data 92

Transmission Trans Planning - Florida G Brantley Tillis Manager Eng Tech Support Specialist (1) Lead Engineer (2) Senior Engineer (4) Manager Transmission Planning - Florida l Manage planning of transmission and transmission substation facilities l Manage coordination of new wholesale and retail transmission delivery points l Manage the development and funding approval for transmission and transmission substation projects l Assure that planned projects are cost effective in relation to benefit, acceptable customer service reliability, and operating flexibility l Coordinate Transmission Planning’s participation in FRCC planning activities 93

Transmission Planning-Florida - Job Descriptions Engineering Technical Support Specialist l Prepare and up-date transmission load flow and equipment databases l Run load flow analysis in support of planning and impact studies l Assist Transmission Planning engineers as required in analysis of load flow results l Prepare operational planning cases used for operational transmission planning as well as ATC calculation Lead Engineer l Conduct regional planning and system impact studies l Determine required transmission projects and obtain funding approval l Act as liaison for Transmission Planning in coordinating with other departments the scheduling of engineering and construction for transmission projects l Coordinate with regional wholesale and retail customers on new transmission delivery points l Act as a liaison with regional wholesale and retail customers in maintaining an acceptable level of customer reliability Senior Engineer l Supervise the maintenance of load flow and stability databases l Participate as a member on the FRCC Transmission and Stability Task Forces l Develop and modify software required to calculate ATC or support planning analysis l Determine required transmission projects and obtain project funding approval l Conduct regional transmission planning and system impact studies l Determine required transmission projects and obtain project funding approval l Coordinate with regional wholesale and retail customers on new transmission delivery points l Act as a liaison with regional wholesale and retail customers in maintaining an acceptable level of customer liability 94

Progress Energy Service Company LLC Robert B Mc. Gehee Chairman & Chief Executive Officer PE Service Co LLC Peter M Scott III President & CEO Corporate Relations John R Mc. Arthur Senior VP & Gen Counsel Financial Services Geoffrey S Chatas Executive VP & CFO Human Resources Anne M Huffman Vice President Information Technology & Telecommunications Dede F Ramoneda Vice President & CIO Progress Energy Ventures Inc* Mark F Mulhern President *Not part of Service Company. Will continue to operate as a Wholesale Marketing Affiliate. President and Chief Executive Officer Progress Energy Service Company LLC Peter M Scott II Responsible for providing oversight and strategic direction of corporate staff and shared services organization Including: l l l Corporate Relations Financial Services Human Resources Information Technology & Telecommunications Mr. Scott will also provide executive management for Progress Energy Ventures Inc but will not share transmission informatio with any Marketing or Energy Affiliate 95

Financial Services PE Service Co LLC Peter M Scott III President & CEO Financial Services Geoffrey S Chatas Executive Vice Pres & Chief Financial Officer Accounting Jeffrey M Stone Vice President & Controller Executive Vice President and Chief Financial Officer Geoffrey S Chatas Responsible for providing oversight and strategic direction for the following areas: l As chief financial officer, Chatas reports directly to Mc. Gehee on corporate financial matters l Leads the company's relationship with the investment community l Oversees the company's accounting, treasury, corporate and strategic planning, and tax functions l Direct reports include the Vice President & Controller Accounting, Vice President Corporate Planning, Vice President Tax, and Vice President & Treasurer Treasury & Enterprise Risk Management 96

Accounting Jeffrey M Stone Vice President & Controller Corporate Accounting Mitch Perry Director Internal Controls & Compliance Sue Hardison Manager PEC Todd Yaeger Controller PEF Vacant Controller Progress Ventures Sandy Wyckoff Controller Physical address – not mailing address 410 S Wilmington Street PEB 18 Raleigh NC 27601 Vice President & Controller Accounting Jeffrey M Stone Responsible for providing oversight and strategic direction for the following areas: l Consolidated financial statements of Progress Energy, PEC, PEF, PVI and PFC l Management of the financial statements for wholesale activities of the two utilities l Financial analysis, financial reporting, for all of the above l The adequacy and appropriateness of all controls, policies, procedures, and systems that support the financial statements l SEC and regulatory compliance and reporting 97

Accounting - Job Descriptions Director Corporate Accounting l SEC Reporting & Analysis l Financial Reporting & Consolidations l Accounting Policy & Research l Service Company Controller group l Utility and Service Company Disbursement Services l Financial & Reporting Systems Manager Internal Controls & Compliance l Sarbanes Oxley annual 404 compliance l Sarbanes Oxley quarterly 302 compliance l Internal control documentation oversight l Management assessment of internal control in support of external audit opinion l Development of entity-level control documentation and assessment for PGN 98

Accounting PEC Todd Yaeger Controller PEC Mark Lubas Assistant Controller PEC & PEF Regulated Back Office Kelli Hnath Manager PEC & PEF Regulated Contracts Jennifer Ellis Manager Physical address – not mailing address 410 South Wilmington Street PEB 18 Raleigh, NC 27601 Controller PEC l Consolidated financial statements and financial reporting of PEC l Accounting and billing for wholesale activities of the two utilities l Accounting and billing for joint owner activities of the two utilities l Adequacy and appropriateness of all controls, policies, procedures, and systems that support the above activity 99

Accounting PEC Mark Lubas Assistant Controller Financial Reporting and Analysis Group Lead Business Financial Analyst (1) Business Financial Analyst (2) General Accounting Group Lead Business Financial Analyst (1) Business Financial Analyst (2) Accountant (1) Assistant Controller PEC l Provides oversight to the Financial Reporting and Analysis Group and the General Accounting Group 100

Accounting PEC-Assistant Controller - Job Descriptions Financial Reporting and Analysis Group l Consolidated financial statements for PEC l Preparation of standard monthly, quarterly and annually reporting packages, including Executive and Board of Directors reports Lead Business Financial Analyst (1) l Direct and lead the day to day activities of the Financial Reporting and Analysis group l Prepare and review monthly financial statement analysis l Provide review and support for all SEC filings l Coordinate external audit support Business Financial Analyst (2) l Preparation and analysis of monthly financial statements (balance sheet, income statement, cash flow statement) l Preparation of internal analysis and reporting l Provide review and support for all SEC filings l External audit support 101

Accounting PEC-Assistant Controller - Job Descriptions General Accounting Group l Month end general ledger close l Sarbanes-Oxley process oversight and document preparation l The adequacy and appropriateness of all controls, policies, and procedures, and systems that support the above activity Lead Business Financial Analyst (1) l Direct and lead the day to day activities of the General Accounting group l Coordinate and lead all aspects of the month end general ledger close process l Direct and lead the account reconciliation process l Direct and lead the units’ Sarbanes-Oxley initiative Business Financial Analyst (2) l Perform general accounting functions (including journal entries and account reconciliations and analysis) for assigned accounting areas l Preparation of regulatory reports l External audit support Accountant (1) l Perform general accounting functions (including journal entries and account reconciliations and analysis) for assigned accounting areas l Preparation of regulatory reports l External audit support 102

Accounting PEC & PEF Regulated Back Office Kelli Hnath Manager Contract Administrator (1) Bus Fin Analyst (3) Sr Bus Fin Analyst (5) Lead Bus Fin Analyst (1) Manager PEC & PEF Regulated Back Office l Manage billing and accounting for purchased power from cogeneration facilities in PEC and PEF l Manage verification, payments, and accounting for power purchases and trading transactions, natural gas, coal and fuel oil purchases for regulated utilities, and financial and physical hedging activities for natural gas and fuel oil l Manage regulatory filings and audit responses for all relevant regulated back office activities 103

Accounting Regulated Back Office - Job Descriptions Contract Administrator l Confirm gas and power trading transactions in accordance with Risk Guidelines and Finance procedures l Trading system deal entry validation l Provide back-up support for processing oil payments for regulated utilities Business Financial Analyst l Bill and account for purchased power from cogeneration facilities in PEC l Verify, pay and account for power, coal, and natural gas purchases for regulated utilities l Provide back-up support to Contract Administrator l Compile purchased power variance analysis reports for PEC and PEF Sr Business Financial Analyst l Verify, pay and account for power, fuel oil, coal and natural gas purchases for regulated utilities l Prepare monthly, quarterly, and annual regulatory filings l Bill and account for purchased power from cogeneration facilities in PEF l Verify, pay and account for power trading transactions l Ad-hoc projects and support to other team members as required l Functional project manager for fuel management system implementation Lead Business Financial Analyst l Verify, pay and account for natural gas purchases for PEF l Verify, pay and account for financial and physical hedging activities for natural gas and fuel oil l Manage collateral thresholds with trading counterparties l Ad-hoc projects and support to other team members as required 104

Accounting PEC & PEF Regulated Contracts Jennifer Ellis Manager Sr Bus Fin Analyst (5) Lead Bus Fin Analyst (1) Manager PEC and PEF Regulated Contracts l Manage billing and accounting for wholesale term contracts; provide financial consultation on new contracts l Manage billing and accounting for joint-owned facilities in PEC and PEF l Participate as needed in preparation of actuals analysis, budget and forecast related to long-term wholesale contracts Senior Business Financial Analyst l Bill and account for wholesale term contracts; provide financial consultation on new contracts l Bill and account for joint-owned facilities in PEC and PEF l Participate as needed in preparation of actuals analysis, budget and forecast related to long-term wholesale contracts Lead Business Financial Analyst l Bill and account for largest wholesale term contracts; provide financial consultation on new contracts l Provide costing support for actuals reporting and budget and long-term forecast preparation l Participate as needed in preparation of actuals analysis, budget and forecast related to long-term wholesale contracts l Ad-hoc projects and support to other team members as required 105

Accounting PEF VACANT Controller Physical address – not mailing address 100 Central Ave St. Petersburg, FL 33701 Controller PEF l Consolidated financial statements and financial reporting of PEF l Accounting for plant and property for the two utilities l Adequacy and appropriateness of all controls, policies, procedures, and systems that support the above activity 106

Accounting Progress Ventures Sandy Wyckoff Controller CCO Penny Gray Controller Gas Kim Boyle Controller Mines Mikki Leach Controller PV Financial Reporting Beth Bailey-Myers Manager Synfuel/Terminals Tony Proctor Controller PV Shared Services Jane Draovitch Manager Sarbanes Oxley/ Special Projects Business Support Physical address – not mailing address 100 E Davie Street TPP 9 Raleigh NC 27601 Controller Progress Ventures l Consolidated financial statements of PVI and PFC l Financial analysis, financial reporting, for all of the above l The adequacy and appropriateness of all controls, policies, procedures, and systems that support the above activity 107

Accounting Sarbanes Oxley/ Special Projects Lead Business Financial Analyst (1) Sr Business Financial Analyst (1) Lead Business Financial Analyst l Lead the PV/PFC Sarbanes-Oxley initiatives. Planning and managing the day to day requirements for the initiative l Provide consultation to management on internal controls and perform an overall assessment of the effectiveness of controls within PV/PFC l Lead complex, cross functional special projects and improvement initiatives Senior Business Financial Analyst l Lead certain PV/PFC Sarbanes-Oxley initiatives. Planning and managing the day to day requirements for the initiative. l Lead cross functional special projects and improvement initiatives. 108

Accounting CCO Penny Gray Controller Lead Financial Analyst (1) Sr Business Financial Analyst (5) Business Financial Analyst (3) Associate Business Financial Analyst (2) CCO Controller l Manage plant & trade floor accounting in compliance with GAAP l Manage deal validation processes to ensure proper controls l Manages CCO Plant Accounting, which provides controller functions to six unregulated power plants with assets totaling $1. 5 billion l Manage PV FAS 133 accounting for commodity/derivate contracts 109

Accounting CCO - Job Descriptions Lead Business Financial Analyst l Provide oversight and governance to the PV Plant Accounting and Back Office monthly processes l Oversight of work load to include assignment of work and supervision of staff l Liaison with business services and financial reporting to ensure all requirements are met l Coordinates balance sheet and income statement analysis l Direct lower analyst staff l Review journal entries and reconciliations l Management of special projects Sr Business Financial Analyst l Responsible for analysis of complex business transactions, performing monthly invoicing of complex contracts, and provides transaction and business performance reporting and analysis l Implements new contracts and ensures adherence to accounting requirements and GAAP for new contracts and structured transactions l Performs all associated monthly closing activities to ensure accurate recording of activity and provide margin profit reporting and analysis to management l Responsible for performing controller functions related to plant business operations, including managing the monthly close process, preparing monthly financial statements, recording transactions in accordance with GAAP, providing variance reporting, and performing reconciliations l Prepares annual budgets and five year forecasts 110

Accounting CCO - Job Descriptions Business Financial Analyst l Provides day-to-day energy trading support, implements invoicing and adherence to accounting requirements for new contracts and structured transactions, analyzes complex business transactions and performs monthly invoicing and bill payment activities l Provides margin and profit reporting and analysis l Performs monthly close processes as necessary such as journal entries, reconciliations and analysis l Ad hoc projects Associate Business Financial Analyst l Assists with day-to-day energy trading support and performs monthly invoicing and bill payment activities l Support monthly metric reporting l Support CCO documentation efforts l Support monthly close processes as necessary such as journal entries, reconciliations and analysis l Support FERC EQR quarterly filing l Ad hoc projects 111

Accounting Gas Kimberly B Boyle Controller Lead Business Financial Analyst (2) Sr Business Financial Analyst (1) Business Financial Analyst (4) Financial Support Assistants (1) Field Accounting (2) Gas Controller l Manage gas operations accounting in accordance with GAAP l Provide financial and operational reporting l Perform financial analysis l Prepare budgets and forecasts for gas operations 112

Accounting Gas - Job Descriptions Lead Business Financial Analyst l Supervise, review and lead gas consolidations, reporting, Sarbox compliance, gas technical issue compliance including GAAP issues and SEC reporting issues l Review and lead midstream accounting and gas capital tracking and reporting process l Provide direct support to Sr. VP – Gas in various areas such as deal evaluation, budgeting and forecasting and projection process and MICP/ECIP (gasops) design and tracking l Lead and maintain gas budgeting efforts including COGNOS development and reporting l Supervise, review and lead revenue accounting, accounts payable and joint interest billing process and provide gas accounting and industry expertise for group in areas such as severance taxes, joint interest billing, revenue distribution, property accounting l Budgeting and Analysis l J/E, Reporting, Analysis Review Senior Business Financial Analyst l Revenue Processing l Perform all system administration, report writing and support functions 113

Accounting Gas - Job Descriptions Business Financial Analyst l Joint Interest Billing l Capital Tracking l Revenue Processing l Reporting and Analysis l Legal Entity Consolidation l System Administration l General Accounting Financial Support Assistant l Cash receipts processing l Bank reconciliation l Vendor setup l System master file maintenance Field Accounting l Accounts Payable processing 114

Accounting Synfuel/Terminals Tony Proctor Controller Lead Business Financial Analyst (1) Sr Business Financial Analyst (3) Business Financial Analyst (7) Gas Controller l Manage Synfuel/Terminal operations accounting in accordance with GAAP l Provide financial and operational reporting l Perform financial analysis 115

Accounting CCO - Job Descriptions Lead Business Financial Analyst l Lead and support other Synfuel operations accountants and provide guidance on issues related to methodology and consistency l Lead and/or participate on special projects/process improvement teams and perform technical research l Lead or perform various monthly analyses l Review journal entries, financial statements and reconciliations for several Synfuel businesses Senior Business Financial Analyst l Assist and coach Synfuel and Terminals Business Financial Analysts l General ledger responsibility for one or more Synfuel entities, including all journal entries, financial statement preparation/dissemination, variance analysis and account reconciliations l Participate on special project/process improvement teams as necessary Business Financial Analyst l General ledger responsibility for one or more Synfuel entities, including all journal entries, financial statement preparation/dissemination, variance analysis and account reconciliations l Participate on special project/process improvement teams as necessary 116

Accounting PV Financial Reporting Beth Bailey-Myers Manager Lead Business Financial Analyst (2) Sr Business Financial Analyst (3) Business Financial Analyst (2) Manager PV Financial Reporting l Manage PV functional reporting and analysis l Functional business unit reporting l Financial statement analysis and budget variance analysis l Internal audit liaison l Investor relations liaison l Legal Entity Consolidation and financial statement preparation l SG&A reporting l Shared services/general accounting 117

Accounting PV Financial Reporting - Job Descriptions Lead Business Financial Analyst l Lead the monthly PV close and consolidation processes to ensure that results comply with GAAP and SEC rules and regulations l Oversight and governance of process work loads to include assignment and review of work and supervision of staff l Oversight and governance of internal and external audit processes l Liaison with corporate financial reporting to ensure all company requirements are met l Variance Analysis l Auditing and Compliance l Special Projects Sr Business Financial Analyst l Perform monthly close and consolidation processes l Responsible for generation of legal and SBU financial statements; analysis of results; account reconciliations l Ad hoc projects as required l Provide support for monthly financial reporting process l Preparation of schedules to support the SEC reporting and analysis processes and internal and external audits Business Financial Analyst l Responsibilities as necessary to support the month end close and consolidation processes: intercompany billing, payroll, journal entries, account reconciliations l Ad hoc projects as required l Provide support for monthly financial reporting process l Support for preparation of monthly schedules and analysis to meet legal entity financial reporting requirements for PV and PFC l Assist with the preparation of schedules to support the SEC reporting and analysis processes and internal and external audits l Provide support for monthly close and consolidation processes l Ad hoc projects as required 118

Accounting PV Shared Services Jane Dravotich Manager Sr Business Financial Analyst (1) Business Financial Analyst (2) Sr Financial Support Assistant (4) Financial Support Assistant (5) Contract Administrator (2) Field Accounting Personnel (10) Manager PV Shared Services l Payroll l Fixed Assets l Capital Reporting l Accounts Payable l Accounts receivable/collections l Inventory 119

Accounting PV Shared Services - Job Descriptions Sr Business Financial Analyst l Provide oversight and governance to the PVI and PFC accounts payable processes l Oversight of work load to include assignment of work and supervision of staff l Review and maintain Sarbanes-Oxley business cycles l Coordinate and review month-end accruals and account reconciliations (A/P and cash) l Ad hoc projects Business Financial Analyst l Prepare and process bi-weekly payroll for Progress Fuels Field Employees l Prepare and file payroll tax returns l Coordinate with Treasury on direct deposit and pay check files l Coordinate external payroll audits l Prepare month-end journal entries to interface to G/L l Maintain fixed asset records for PFC Assets l Coordinate with field and other accounting personnel on capital spending process and reporting l Record monthly depreciation, additions, and disposals Sr Financial Support Assistant l Accurately and timely processing of invoices for PVI and PFC l Resolve A/P issues with vendors and field personnel l Documentation and implementation of controlled business processes l Perform check runs for PFC and PVI l Coordinate 1099 filing process l Manage sales tax process for PVI and PFC l Prepare A/P account reconciliations l Ad hoc projects requests 120

Accounting PV Shared Services - Job Descriptions Financial Support Assistant l Accurately and timely processing of invoices and cash receipts for PVI and PFC l Resolve A/P issues with vendors and field personnel l Resolve A/R collection issues with customers and field personnel l Reporting on cash application and A/R balances l Resolve credit issues with ERM team l Prepare month-end accruals Contract Administrator l Responsible for confirming all gas, power and derivatives trades l Provide accurate gas physical data for gas daily on recorded line and verify margin call in Citigroup and Zainet Field Accountant l Responsible for accurate and timely processing of inventory movements for PFC l Responsible for creating payable and sales invoices with counterparties for purchase and sale of Synfuel and coal 121

Accounting Coal Mikki Leach Controller Sr Business Financial Analyst (1) Bus Fin Analyst (1) Gas Controller l Manage Synfuel operations accounting in accordance with GAAP l Provide financial and operational reporting l Perform financial analysis Sr Business Financial Analyst l Subsidiary Financial Statement, preparation and analysis l Account Analysis l Journal Entries and Closing 122

Accounting Business Support Lead IT Analyst (1) Associate IT Analyst (1) Business Support Lead IT Analyst l Trading system administration including system support, security, and configuration l Participate on special projects such as software planning and implementation, increasing efficiencies, and implementing additional risk measures and techniques IT Analyst l System Administration l Reporting & Analysis Associate IT Analyst l Assisting business in diagnosing issues that develop with the trading systems and determine if it can be resolved by business support, if not assist business in submitting issue to IT or Software Vendor for issue resolution l Maintaining system business data configurations for the primary trading systems for power, gas and coal l Respond to IT security requests l Coordinate and assist with developing test cases and executing system test plans l Assist with system upgrades and documentation of business processes as they relate to the use of the trading systems l Assist with Sarbanes Oxley compliance and audit questions l Assist with special projects as needed 123

Progress Energy Ventures Inc Mark F Mulhern President Competitive Commercial Ops Vacant Senior Vice President PV Business Services Andrew Cox Manager Gas Production Robert M Deacy Senior Vice President Progress Fuels Corp PV Business Services Martin Jarosick Manager President Progress Energy Ventures Inc Mark F Mulhern Responsible for oversight and strategic direction for: l Focus on the competitive energy business throughout the southeast l Sales to munis, cooperatives, and other utilities in or near the utility service territories l Sales to munis, cooperatives, other utilities, and energy marketers in areas where Progress Energy has competitive generation assets but outside the Progress Energy retail service area l Operational decisions to support business plans in conformance with applicable regulatory requirements l Exploration, production, and reserve development of natural gas from Progress Energy’s gas properties l Operation and development of midstream properties to support reserve production and third party gas transportation 124

Progress Energy Ventures Inc PV Business Services Andrew Cox Manager Lead Risk Analyst (1) Senior Risk Analyst (1) Lead Financial Specialist (2) Senior Financial Specialist (4) Lead Business Financial Analyst (1) Manager PV Business Services l Budgeting and forecast development l Maintenance of budget system l Coordination of budget and forecast process l Scenario planning 125

Progress Energy Ventures Inc PV Business Services - Job Descriptions Lead Risk Analyst l Analyze, monitor, and report risks related to physical and financial positions based on the underlying traded commodities l Participate on special projects such as software planning and implementation, increasing efficiencies, and implementing additional risk measures and techniques Senior Risk Analyst l Calculate, analyze and report volumetric positions, market values, and market risk exposures related to physical and financial positions based on the underlying traded commodities l Participate on special projects such as software planning and implementation, increasing efficiencies, and implementing additional risk measures and techniques Lead Financial Specialist l Advanced Modeling l Complex Deal Integration l Consolidated Forecasting/Budgeting Senior Financial Specialist l Coordinate, develop and produce 2 year detailed budget and 5 year forecasted financial statements l Prepare and consolidate the PV monthly financial reporting package, monthly balance sheet reconciliations in compliance with the PVI Reconciliation Policy, monthly JE’s for CCO, monthly overhead spending analysis for respective Unit Managers l Support PV Finance in miscellaneous financial reporting and projects l Develop financial models and presentations for yearly FAS 142 test l Consolidated Forecasting/Budgeting l SBU Reporting Lead Business Financial Analyst l Coordinate, develop and produce current year performance goals per business unit l Consolidated SG&A Reporting l Support PV Finance in miscellaneous financial reporting and projects 126

Progress Energy Ventures Inc PV Business Services Martin A Jarosick Manager Senior Financial Analyst (1) Principal Financial Analyst (1) Lead Financial Analyst (2) Manager PV Business Services l Coordinator for Synthetic Fuels Issues l Transaction Project Manager l Strategic Planning l Operations Analysis and Process Improvement 127

Progress Energy Ventures Inc PV Business Services - Job Descriptions Senior Financial Analyst l Synfuel decision support l Capital and deal approval l Strategic and business planning l Process improvement l SEC, external and internal reporting Principal Financial Analyst l Synfuel decision support l Transaction support Lead Financial Analyst l Transaction support l Capital and deal approval l Strategic and business planning l Process improvement l SEC, external and internal reporting 128

Competitive Commercial Operations Vacant Senior Vice President Origination & Gas Optimization Robert E Adrian Director Power Trading James J Mc. Clay III Director Miscellaneous Unregulated Energy Affiliates Senior Vice President Competitive Commercial Operations Vacant Responsible for providing oversight and strategic directions for the following merchant areas: l Trading and marketing of power and natural gas as related to non-regulated assets l Development of structured commodity and financial product proposals l Business expansion and development l Ensure financial management of unregulated generation assets 129

Competitive Commercial Operations Origination & Gas Optimization Robert E Adrian Director Gas Optimization Vacant Manager Origination & Account Mgmt Northern Julian Kaufmann Manager Origination & Account Mgmt Southern Tim Gerrish Manager Portfolio Structuring Glen Snider Manager Director Origination & Gas Optimization l Responsible for the management and strategic direction of the Non-regulated Gas group l Responsible in optimizing the organization around the gas assets, fulfillment of reliable supplies to meet the plant needs and the management of transportation, production and storage 130

Competitive Commercial Operations Gas Optimization Vacant Manager Business Financial Analyst (1) Senior Gas Scheduler (1) Senior Portfolio Analyst (3) Manager Gas Optimization l Manage commodity trading and procurement l Manage contractual delivery obligations l Manage portfolio optimization functions Business Financial Analyst l Book and trade reconciliation l Front office liaison to back office l Performs customer trend analysis Senior Gas Scheduler l Schedules physical gas volumes on multiple interstate/intrastate pipelines for the unregulated generation fleet l Monitors and confirms daily and monthly gas volumes through the use of pipeline/LDC electronic bulletin boards and direct communication with suppliers and marketers l Confirms all gas activity and records information in system 131

Competitive Commercial Operations Gas Optimization – Job Descriptions Senior Portfolio Analyst l Manage the operating cost profiles and reliability of the energy resource portfolio l Perform economic power system operation analysis l Optimize the commitment and scheduling of physical assets and financial instruments that include the company’s generating resources, purchased power, fuels, load management, and risk management alternatives l Analyze the operation of the energy resource portfolio l Identify opportunities for improvement, and developing implementation plans l Computer modeling, database management, information gathering, analysis, and reporting associated with the generation resource portfolio l Development, verification, and deployment of generation and transmission modeling information l Procure physical Gas for the Merchant Units l Optimize unused transport on the pipes by moving gas to a third party producing additional revenue l Work with the Power Desk to determine the economics for participating in the capacity release market for unused Firm Transport on Transco and Sonat. l Provide hedging services to the fuels group in the forward gas markets l Development, verification, and deployment of generation and transmission modeling information 132

Competitive Commercial Operations Origination & Account Mgmt Northern Julian Kaufmann Manager Power Originator (1) Senior Power Acct Mgmt Specialist (1) Manager Origination & Account Management Northern l Manage the pursuit, creation, negotiation, closing and maintenance of long-term gas and power purchase and sales agreements and related business opportunities as related to the unregulated business l Oversee management of existing long-term gas and power purchase and sales contracts Power Originator l Responsible for the one or more of the following marketing activities on a strategic level: pursue, create, negotiate, close and/or maintain long-term gas and power purchase and sales agreements and related business opportunities l Provide market intelligence, develop marketing strategies and new long-term gas and power products l Management of existing long-term gas and power purchase and sales contracts l Utilize expert knowledge of organization and industry to resolve high-impact, complex issues Senior Power Account Mgmt Specialist l Management and administration of existing power/capacity sales contracts; liaison and coordination with customers l Schedule and coordinate unit outages and tests with customer l Manage units and fleet performance measurements systems and processes 133

Competitive Commercial Operations Origination & Account Mgmt Southern Tim Gerrish Manager Senior Power Acct Mgmt Specialist (2) Manager Origination & Account Management Southern l Manage the pursuit, creation, negotiation, closing and maintenance of long-term gas and power purchase and sales agreements and related business opportunities as related to the unregulated business l Oversee management of existing long-term gas and power purchase and sales contracts Senior Power Account Mgmt Specialist l Management and administration of existing power/capacity sales contracts; liaison and coordination with customers l Schedule and coordinate unit outages and tests with customer l Manage units and fleet performance measurements systems and processes 134

Competitive Commercial Operations Portfolio Structuring Glen A Snider Manager Quantitative Analyst (1) Structure Analyst (2) Manager Portfolio Structuring l Oversee the development, utilization and maintenance of portfolio valuation and pricing models l Manage the pricing and structuring of wholesale energy contracts for physical and financial power, natural gas and coal for marketing, trading, origination and business development l Align fundamental and technical analytical systems with commercial needs Quantitative Analyst / Structure Analyst l Price and structure wholesale energy contracts in power, natural gas and coal marketing, trading, origination and business development utilizing structuring and financial analysis l Conduct mark-to-market analysis and financial evaluations including mark-to-asset and mark-to-cost l Determine and quantify physical and financial risk exposures through use of swaps, swaptions and other derivatives l Provide portfolio risk management and strategic planning analysis incorporating the physical and financial aspects of the portfolio while taking into account current market conditions 135

Competitive Commercial Operations Power Trading James J Mc. Clay III Director Senior Real Time Trader (6) Senior Power Scheduler (2) Senior Power Trader (2) Assoc Business Financial Analyst (1) Portfolio Management Michael J Settlage Manager Director Power Trading l Oversees the sale and purchase of energy, capacity and transmission to meet the needs of the unregulated system l Supervises the trading and scheduling of physical and financial power transactions l Extracts value from wholesale market for surplus unregulated generation l Manages trading desk risks, credit and control limits 136

Competitive Commercial Operations Power Trading - Job Descriptions Senior Power Scheduler l Schedule physical and financial power transactions. Procure transmission for power transactions. Senior Real Time Trader l Hourly management of physical power positions for contractual load and assets Senior Power Trader l Forward hedge PV portfolio of contracts and assets l Day ahead to prompt month management of PV assets and positions Associate Business Financial Analyst l Book and trade reconciliation l Front office liaison to back office l Performs customer trend analysis 137

Competitive Commercial Operations Portfolio Management Michael J Settlage Manager Portfolio Analyst (3) Senior Power Dispatcher (6) Power Delivery Specialist (2) Meteorologist (1) Manager Portfolio Management l Provide studies and analyses of generation, transmission and purchase power options l Provide for generation outage coordination and scheduling l Develop innovative methods for improved competitive positions l Optimize generation portfolio 138

Competitive Commercial Operations Portfolio Management - Job Descriptions Portfolio Analyst l Manage the operating cost profiles and reliability of the energy resource portfolio l Perform economic power system operation analysis l Optimize the commitment and scheduling of physical assets and financial instruments that include the company’s generating resources, purchased power, fuels, load management, and risk management alternatives l Analyze the operation of the energy resource portfolio l Identify opportunities for improvement, and developing implementation plans l Computer modeling, database management, information gathering, analysis, and reporting associated with the generation resource portfolio l Development, verification, and deployment of generation and transmission modeling information Senior Power Dispatcher l Prepare and provide energy resource schedules on a day-ahead, hour-ahead and 10 -minute basis l Prepare and provide energy resource schedules for day-ahead and hour-ahead interchange transactions l Respond to system operating directives in real-time l Perform nightly checkout functions to confirm resource and interchange schedules and transactions l Take actions necessary to comply with system operating policies and procedures and all other operating requirements Power Delivery Specialist l Coordinates plant and unit maintenance reporting and scheduling l Provides innovative analysis and development of trading and portfolio management tools l Recommend, implement, and track strategic transmission positions in the eastern interconnection Meteorologist l Manages data associated with weather, load, fuel, and generation l Prepares daily short-range and medium-range synoptic weather forecasts for North America with an emphasis on the Southeast US l Provides operational guidance for pool of assets, optimal plans 139

Miscellaneous Unregulated Energy Affiliates l De. Soto County Pwr, LLC Physical address – not mailing address 3800 Roan Street NE Arcadia, FL 34266 l Walton County Power, LLC Physical address – not mailing address 208 Cherry Hill Road Monroe, GA 30656 l Effingham Cty Pwr, LLC Physical address – not mailing address 3440 Mc. Call Road Rincon, GA 31326 l Washington Cty Pwr, LLC Physical address – not mailing address 1177 County Line Road Sandersville, GA 31082 l MPC Generating, LLC Physical address – not mailing address 208 Cherry Hill Road Monroe, GA 30656 l Progress Genco, LLC Physical address – not mailing address 410 South Wilmington Street Raleigh, NC 27602 l Rowan County Power, LLC Physical address – not mailing address 5755 NC Highway 801 Salisbury, NC 28147 140

Gas Production Robert M Deacy Senior Vice President Progress Fuels Corp EH&S Prog Ventures Elizabeth Palma Supervisor Bus Dev & Royalty Trust Vacant Manager Winchester Energy (Midstream) Alan Matysiak Vice President Power Plant Generation Senior Generation Strategist Kelly Fast Winchester Energy (Production) William Chaney Vice President Physical address – not mailing address 100 East Davie Street Raleigh, NC 27601 Senior Vice President PFC Gas Production Robert M Deacy Responsible for oversight and strategic direction for: l Development of existing gas properties for non-regulated generation fuel and other gas sales opportunities l Growing the business through reserve additions and production increases l Acquisitions, divestitures, lease activities, joint ventures, partnerships, and other non-organic growth l Operational decisions to support business plans in conformance with applicable regulatory requirements l Environmental and safety compliance throughout the full spectrum of the gas production process l Marketing and transportation of gas l Management of minerals l Oversight of competitive commercial operations power plant operations 141

Gas Production Business Development & Royalty Trust Vacant Manager Physical address – not mailing address 5215 North O’Connor Blvd. Suite 490 Irving, TX 75039 Business Development and Royalty Trust Manager l Marketing and transportation of gas l Management of minerals 142

Gas Production Power Plant Generation Kelly Fast Senior Generation Strategist Physical address – not mailing address 100 East Davie Street Raleigh, NC Senior Generation Strategist l SLA’s (develop, negotiate, manage, report, conduct review meetings) l Executive interface l Plant ownership representation l Competitive commercial operations metrics l Budgeting l Goals gatekeeper l Weekly and monthly reporting l Parts planning l Parts sharing process l IT coordination l Management of the technical due diligence process l Charitable giving l Community relations 143

Gas Production Environmental Health & Safety – Progress Ventures Elizabeth Palma Supervisor Environmental, Health & Safety Coordinator (1) Physical address – not mailing address 100 East Davie Street Raleigh, NC 27601 Supervisor – Environmental Health & Safety – Progress Ventures l Provides environmental, health and safety leadership and corporate governance to PV EHS personnel in accordance with Environmental Organizations: Roles and Responsibilities (ENV-SUBS-00030). l Lead and direct EHS policy development, program implementation, strategy development, environmental, health and safety management system development, and goal setting. l Monitor environmental and regulatory compliance of business units. l Leads company response on any EHS issues or events l Provides EHS technical review and support in acquisition and divestiture projects Environmental Health & Safety Coordinator l Manages daily EHS compliance by all company and contract work crews l Conducts field assessments to monitor EHS compliance l Maintains EHS safety records and prepares EHS regulatory filings 144

Gas Production Winchester Energy (Midstream) Alan Matysiak Vice President Field Supervisor Victor Davis Physical address – not mailing address 6007 Financial Plaza, Suite 300 Shreveport, LA 71129 Vice President – Winchester Energy (Midstream) l Directs day-to-day operation and maintenance activities of existing pipeline facilities l Manages and is responsible for installation of new pipeline facilities l Assembles and manages cost estimates and contracts for pipeline construction, operation, and abandonment l Assists in development of pipeline transport, compression, processing and other pipeline service-related fees l Promotes operational excellence through periodic facility assessment and engineered improvements l Represents the pipeline operations function to customers, regulators, investors, partners Field Supervisor l Plans and supervises daily activities of field crew personnel for pipeline operation and maintenance l Manages contractor activities at work sites l Oversees and approves certain regulatory and customer-related tests, inspections, and calibrations 145

Gas Production Winchester Energy (Production) William Chaney Vice President Senior Geologist Steve Greber Land Manager Chris Middleton Marketing/Regulatory Carla Elliott Manager Operations Manager Matt Ellard Physical address – not mailing address 6007 Financial Plaza, Suite 300 Shreveport, LA 71129 Vice President – Winchester Energy (Production) William Chaney Responsible for oversight and strategic direction for: l Economic development of existing East Texas upstream gas properties l Expansion and growth of the upstream holdings through reserve additions and production increases l Acquisitions, divestitures, lease activities, joint ventures, partnerships, and other non-organic growth l Marketing and sales of production 146

Gas Production Senior Geologist Steve Greber Geologist (1) Senior Geologist l Conducts geologic assessment of developed properties l Prepares geological assessment of leased and undeveloped properties, assists in estimating reserve potential l Identifies drilling locations for new wells l Assists with preparation of reserve reports for physical and financial reporting requirements l Provides geologic technical review and support in acquisition and divestiture projects l Supervises logging of well and provides input regarding completion decisions l Interprets log results, identifies and selects potentially productive zones 147

Gas Production Land Manager Chris Middleton Division Order Analyst (1) Land Manager l Maintains files and records for properties owned, leased, or rented for upstream and/or midstream facilities l Authorizes land-related payments for existing leases l Performs or directs contract personnel to perform inspections of leased property, renewal of expiring leases, acquisition of new lease or right of way l Manages legal review of title and other land records l Provides land-related technical review and support in acquisition and divestiture projects Division Order Analyst l Maintains records of division of interest among individual owners in each well and/or producing unit 148

Gas Production Marketing/Regulatory Manager Carla Elliott Regulatory Analyst (1) Marketing/Regulatory Manager l Markets and invoices gas production to end users, marketers, and pipeline pooling points l Arranges pipeline transport for gas production l Negotiates, reviews, and comments on NAESB agreements and executes monthly and daily confirmations l Balances pipeline receipts and deliveries l Oversees and prepares regulatory filings and responses l Generates and distributes in-house Authorization for Expenditures (AFE) and working interest AFE’s l Generates working interest decimals Regulatory Analyst l Prepares allocations and federal reporting l Assists in regulatory filings and responses l Handles state reporting and compliance for areas within Texas and Louisiana l Prepares and distributes partner production reports l Assists accounting with production verification l Backups Marketing/Regulatory Manager and Production Clerk l Updates compression on wells for TMA 149

Gas Production Operations Manager Matt Ellard Landman Tommy Dufrene Drilling & Completion Eng Danny Youngblood Supervisor Production Eng Supervisor Frank Flowers Operations Manager l Manages day-to-day operations of drilling, completion, production and maintenance activities of existing gas and oil well facilities l Participates in preparation of cost estimates and contracts for well locations, drilling, and completion l Controls operations and maintenance budgets and costs l Participates in acquisition, divestiture, and other business development activities with upstream focus Landman l Maintains contact and relations with property owners l Negotiates and settles damage claims with property owners, local public utilities, highway personnel 150

Gas Production Drilling & Completion Engineering Danny Youngblood Supervisor Engineer (1) Workover & Completion Foreman (1) Drilling and Completion Engineering Supervisor l Responsible for operations of drilling and completion activities l Supervises field personnel in drilling and completion operations l Works with stimulation company in design of fracture stimulation l Develops expected cost estimate data for Authorization for Expenditure (AFE) for project work Engineer l Design completion procedures l Reservoir engineering (well spacng) l Special projects (production vs. frac length, cost analysis, drilling optimization) Workover & Completion Foreman l Supervises field work by workover, completion, and fracturing service contractors l Ensures gas and oil well facilities and locations meet safety and environmental compliance requirements 151

Gas Production Engineering Supervisor Frank Flowers Production Foreman (2) Production Engineer (1) Production Engineering Supervisor l Responsible for safe and effective operation of existing gas and oil well facilities l Selects wells for production enhancement and recompletion l Supervises field production personnel l Identifies ways to improve production capacity, control, and reduce operation costs Production Foreman l Supervises field work by company and contract personnel responsible for daily well production operations l Oversees routine operations and maintenance of well site surface and down hole equipment l Provides expert trouble shooting for production-related problems Production Engineer l Designs and implements production, recompletion, and workover procedures l Manages daily production, recompletion, and workover operations 152