Duke Energy Income Fund

Duke Energy Income Fund

January 20, 2006 17:34 ET

Duke Energy Income Fund Declares Monthly Dividend

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 20, 2006) - Duke Energy Income Fund (TSX:DET.UN)(NYSE:DUK) has declared a monthly distribution relating to the period January 1, 2006 to January 31, 2006, of $0.067 per unit payable on February 15, 2006 to unitholders of record on January 31, 2006.

Duke Energy Income Fund is an unincorporated open-ended trust established under the laws of the Province of Alberta and owns a 42.41 percent interest in Duke Energy Midstream. Duke Energy Midstream is one of the largest independent midstream operators in the Western Canadian Sedimentary Basin ("WCSB") with interests in nine natural gas processing plants with a net processing capacity of 604 mmcf/d and over 1,400 kilometres of natural gas gathering pipelines located throughout natural gas prone areas in the western extent of the WCSB.

Duke Energy Gas Transmission is a North American leader in developing natural gas energy infrastructure, connecting major natural gas supply sources to growing markets. Based in Houston, Texas, the company's assets and operations include more than 17,500 miles of transmission pipeline and 250 billion cubic feet of storage capacity in Canada and the United States along with significant gathering, processing, distribution and natural gas liquids operations that are among the largest in Canada. More information on DEGT can be found at: http://www.degt.duke-energy.com.

Duke Energy is a diversified energy company with a portfolio of natural gas and electric businesses, both regulated and unregulated, and an affiliated real estate company. Duke Energy supplies, delivers and processes energy for customers in the Americas. Headquartered in Charlotte, N.C., Duke Energy is a Fortune 500 company traded on the New York Stock Exchange under the symbol DUK.

Contact Information

  • Duke Energy Income Fund
    Bob Bissett
    (403) 705-2008 or 24-Hour: (704) 382-8333