In conjunction with senior management's presentation to investors and financial analysts at the Salomon Smith Barney "Power and Merchant Energy 2002 Conference" in New York on Wednesday, May 15, PPL Corporation (NYSE: PPL) invites interested parties to access the live Internet Webcast at 2:05 p.m. (EDT) that day.

William F. Hecht, PPL chairman, president and chief executive officer, will address PPL’s corporate strategy and provide a general business outlook.

Interested parties may access the presentation through PPL’s main Internet Web site: www.pplweb.com. For those who cannot listen to the live Webcast, a replay will be archived and will be accessible for 30 days via PPL's main Internet Web site.