PPL Corporation (NYSE: PPL) Friday (5/26) declared a quarterly dividend on common stock of 26.5 cents per share, payable July 1, 2000, to shareowners of record June 9, 2000.

In addition, PPL Electric Utilities, a subsidiary of PPL Corp., declared the following quarterly dividends on its preferred stock, payable July 1, 2000, to shareowners of record June 9, 2000.

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