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FEBRUARY 26, 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 (2/26) declared a quarterly dividend on common stock of 25 cents per share, payable April 1, 1999, to shareowners of record March 10, 1999.

PP&L, Inc. also declared the following quarterly dividends on its preferred stock, payable April 1, 1999, to shareowners of record March 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

6.05% Series......$1.5125

6.125% Series....$1.53125

6.15% Series......$1.5375

6.33% Series......$1.5825

6.75% Series......$1.6875