News Releases

PPL Corporation (NYSE: PPL) will hold a meeting with financial analysts on Wednesday, March 31, in New York City. PPL's management team will present a general business outlook and details of PPL Electric Utilities Corporation's request for a rate increase, filed today with the Pennsylvania Public Utility Commission.

The presentation will be available via a live webcast on the Internet at 8 a.m. (EST) on that day. Interested parties may access the presentation through PPL's main Web site: www.pplweb.com. For those who cannot listen to the live presentation, a replay will be archived and will be accessible for 30 days.

PPL Corporation (NYSE: PPL), headquartered in Allentown, Pa., controls about 11,500 megawatts of generating capacity in the United States, sells energy in key U.S. markets and delivers electricity to nearly 5 million customers in Pennsylvania, the United Kingdom and Latin America. More information is available at www.pplweb.com.

SOURCE: PPL Corporation

CONTACT: George Biechler, for news media, +1-610-774-5997, or Tim
Paukovits, for financial community, +1-610-774-4124, both of PPL Corporation,
or fax, +1-610-774-5281

Web site: http://www.pplweb.com/