May 16, 2012

PPL to Pay Quarterly Stock Dividend July 2
PPL Corporation

PPL Corporation (NYSE: PPL) on Wednesday (5/16) declared a quarterly common stock dividend of $0.36 per share, payable July 2, 2012, to shareowners of record as of June 8, 2012. This is the company's 266th consecutive quarterly dividend.

PPL Corporation, headquartered in Allentown, Pa., through its affiliates owns or controls about 19,000 megawatts of generating capacity in the United States, sells energy in key U.S. markets, and delivers electricity and natural gas to about 10 million customers in the United States and the United Kingdom. More information is available at www.pplweb.com.

For further information: Joseph P. Bergstein, for financial community, +1-610-774-5609, or George E. Biechler, for news media, +1-610-774-5997, both of PPL Corporation
 

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