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OCTOBER 18, 2001
Contact: Media Relations (610) 774-5997
PPL to Conduct Conference Call, Webcast on Third-Quarter Earnings Results

PPL Corporation (NYSE: PPL) plans to release its consolidated third-quarter 2001 earnings results before the stock market opens on Wednesday, Oct. 24.

Following the release of its third-quarter earnings results, the company invites interested parties to listen to the live Internet Webcast of management’s conference call with financial analysts at 9 a.m. (EDT) on Wednesday, Oct. 24. The presentation will cover third-quarter earnings results and also provide a general business outlook.

William F. Hecht, PPL chairman, president and chief executive officer, and John R. Biggar, executive vice president and chief financial officer, will conduct the analyst call, which will be available online live, in audio format, on PPL’s Internet Web site at www.pplweb.com. To access the Webcast, click on the "Third-Quarter Earnings Release" icon. For those who cannot listen to the live Webcast, a replay will be accessible in the same manner via PPL’s Web site for 30 days.

The PPL Webcast requires RealPlayer and at least a 14.4 kbps connection to the Internet. RealPlayer basic software is downloadable free from www.real.com/products/player/index.html, or it can be downloaded from PPL’s Web site.

Individuals also can access the live conference call at 913-981-5509.

RealPlayer is a registered trademark of Progressive Networks Inc.