Progress Energy

Supplier diversity

Progress Energy provides equitable opportunities for minority and women-owned businesses to participate in the supply of goods and services.

Through our Supplier Diversity & Business Development Program (SD&BD), we are striving to increase the number of opportunities and the active procurement of materials, equipment and services from minority and women-owned businesses. Our commitment to the program is shared at levels of our company, from senior management to employees.

Our supplier diversity mission is to:

• Seek and identify certified minority and women-owned businesses
• Evaluate the capabilities of minority and women-owned businesses
• Include the participation of certified minority and women-owned businesses in the procurement process and our business plans
• Extend our commitment and support through outreach activities

Participation in the procurement process is conducted in accordance with our established corporate policies and procedures.

Supplier diversity policy statement

Progress Energy recognizes the importance of supplier diversity in all aspects of our business and procurement practices. Through our Supplier Diversity & Business Development Program, we are committed to the development, utilization and growth of minority-owned businesses, women-owned businesses and small businesses.

The program's objectives are to:

• Create a quality process for all parties - including a plan of action to monitor, achieve, and report activities.
• Develop new, creative and innovative means to utilize minority-owned businesses, women-owned businesses and small businesses.
• Establish cost-effective relationships - ensuring that Progress Energy realizes the benefits of competitive pricing and quality products and services.

The Supplier Diversity and Business Development Program will be the responsibility of Progress Energy's executive management. The program will be administered by the manager of Supplier Diversity and Business Development in the Corporate Services Department.

Strengthening and utilizing minority-owned businesses, women-owned businesses and small businesses contributes to the economic growth and expansion of the communities we serve. Therefore, it is Progress Energy's policy to offer these businesses the opportunity to compete on an equal basis. In addition, our company will assist in developing and strengthening business relationships with minority-owned businesses, women-owned businesses and small businesses. This will be accomplished by maintaining outreach efforts to seek, identify and encourage participation in our procurement processes, facilitation of matchmaker meetings, increasing competitive business opportunities/utilization and informing these businesses of our business/procurement processes.

For more information visit: http://www.progress-nergy.com/aboutus/diversity/supplier/index.asp.

Workforce diversity at Progress Energy

The diversity present across Progress Energy's service territory broadens every day.

Progress Energy recognizes this change and we are implementing programs that will help us better serve all of our customers. Like providing Spanish-speaking customer service representatives to improve communication and service. Or providing copies of electric bills in Braille and large print for our customers who are sight-impaired.

At Progress Energy, diversity is key - in our employee population, our customer base, our systems and our job opportunities. Our Corporate Diversity Council, headed by president and CEO Bob McGehee, provides the strategic direction for the company's diversity initiative, and each business unit has its own council that brings the diversity initiative to all areas of the company.

Diversity at Progress Energy is about more than race, gender or age - it's about the blending of unique knowledge, individual interpretation, singular experiences and personal points of view. Diversity shapes our thinking, making us flexible and open to new ideas. We foster an environment that values those differences, and we are committed to recognizing, embracing and leveraging diversity to maximize employee potential, customer satisfaction and business success.

These efforts and others illustrate our commitment to quality service for all of our customers.

For more information about employment opportunities with Progress Energy, visit http://www.progress-energy.com/aboutus/employment/index.asp.

About Progress Energy

Progress Energy (NYSE: PGN), headquartered in Raleigh, N.C., is a Fortune 250 diversified energy company with more than 24,000 megawatts of generation capacity and $9 billion in annual revenues. The company's holdings include two electric utilities serving more than 2.8 million customers in North Carolina, South Carolina and Florida. Progress Energy also includes nonregulated operations covering competitive generation, energy marketing, natural gas exploration, fuel extraction, rail services and broadband capacity. For more information about Progress Energy, visit the company's Web site at http://www.progress-energy.com .