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MAY 24, 1995
Contact: Media Relations (610) 774-5997

PP&L Resources and Pennsylvania Power & Light Co. Declare Quarterly Dividend

PP&L Resources Inc., parent company of Pennsylvania Power & Light Co., Wednesday (5/24) declared the regular quarterly dividend on common stock of 41.75 cents per share, payable July 1, 1995, to shareowners of record June 9, 1995.

Pennsylvania Power & Light Co. declared the following quarterly dividends on its preferred stock, payable July 1, 1995, to shareowners of record June 9, 1995:

Preferred

4 1/2%...............$1.125

3.35% Series....$.8375

4.40% Series....$1.10

5.95% Series....$1.4875

6.05% Series....$1.5125

6.125% Series..$1.53125

6.15% Series....$1.5375

6.33% Series....$1.5825

6.75% Series....$1.6875