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AUGUST 27, 1999
Contact: Media Relations (610) 774-5997
PP&L Resources and PP&L, Inc. Declare Quarterly Dividends

ALLENTOWN, Pa.---PP&L Resources, Inc. (NYSE: PPL), parent company of PP&L, Inc., Friday (8/27) declared a quarterly dividend on common stock of 25 cents per share, payable Oct. 1, 1999, to shareowners of record Sept. 10, 1999.

PP&L, Inc. also declared quarterly dividends on its preferred stock, payable Oct. 1, 1999, to shareowners of record Sept. 10, 1999:

Preferred

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

3.35% Series.........$.8375

4.40% Series.........$1.10

4.60% Series.........$1.15

5.95% Series.........$1.4875

6.125% Series.......$1.53125

6.15% Series.........$1.5375

6.33% Series.........$1.5825

6.75% Series.........$1.6875