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PPL to Pay Quarterly Stock Dividend Jan. 2

                  PPL to Pay Quarterly Stock Dividend Jan. 2

PR Newswire

ALLENTOWN, Pa., Nov. 16, 2012

ALLENTOWN, Pa., Nov. 16, 2012 /PRNewswire/ -- PPL Corporation (NYSE: PPL)
declared a quarterly common stock dividend on Friday (11/16) of $0.36 per
share payable Jan. 2, 2013, to shareholders of record as of Dec. 10, 2012.
This is PPL Corporation's 268th consecutive quarterly dividend.

PPL Corporation, headquartered in Allentown, Pa., through its affiliates owns
or controls about 19,000 megawatts of generating capacity in the United
States, sells energy in key U.S. markets, and delivers electricity and natural
gas to about 10 million customers in the United States and United Kingdom.
More information is available at

SOURCE PPL Corporation

Contact: For news media, George C. Lewis, +1-610-774-5997; For financial
analysts, Joseph P. Bergstein, +1-610-774-5609
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