PPL Corporation (NYSE: PPL) plans to release its consolidated third-quarter 2002 earnings after the stock market closes on the afternoon of Thursday, Oct. 17. PPL management will discuss these results and the company's business outlook during a conference call with financial analysts at 8:30 a.m. (EDT) on Friday, Oct. 18.

William F. Hecht, PPL chairman, president and chief executive officer, and John R. Biggar, executive vice president and chief financial officer, will conduct the conference call, which will be available online live, in audio format, on PPL’s Internet Web site at www.pplweb.com. For those who cannot listen to the live Webcast, a replay will be accessible via PPL’s Web site for 30 days. Interested individuals also can access the live conference call via telephone at 913-981-5591.