Unit 2 at Susquehanna Nuclear Power Plant Returns to Service

         Unit 2 at Susquehanna Nuclear Power Plant Returns to Service

PR Newswire

BERWICK, Pa., Nov. 19, 2012

BERWICK, Pa., Nov. 19, 2012 /PRNewswire/ -- Unit 2 at PPL Corporation's
Susquehanna nuclear power plant in Luzerne County, Pa., resumed generating
electricity for the regional power grid safely and reliably on Monday (11/19)
after completing a turbine blade inspection and repairing a computer system
that malfunctioned on Nov. 9, causing operators to shut down the reactor.

The previously announced turbine inspection revealed signs of cracking on a
small number of blades. Those blades have been replaced.

"The inspections and repairs we performed this fall on both units confirmed
data provided by diagnostic equipment we installed on the turbines and give us
confidence in moving forward with the long-term solutions we will install on
both units starting next spring," said Timothy S. Rausch, PPL Susquehanna
senior vice president and chief nuclear officer. "The inspections and repairs
reflect our continued commitment to a safety-first approach in operating the
plant."

The computer system malfunction was caused by the failure of a processing
unit, which workers replaced during the outage. PPL Susquehanna will replace
the processing unit for a similar system on the Unit 1 reactor in the near
future. That work will be done while the reactor is operating.

The after-tax financial impact of the most recent turbine inspections on both
units, which includes reduced energy-sales margins and repair expenses, is
expected to be about $25 million. PPL Corporation is maintaining its 2012
forecast of $2.30 to $2.40 per share in earnings from ongoing operations.

Unit 1 at the Susquehanna plant is operating at full power.

The Susquehanna plant, located in Luzerne County about seven miles north of
Berwick, is owned jointly by PPL Susquehanna LLC and Allegheny Electric
Cooperative Inc. and is operated by PPL Susquehanna LLC.

PPL Susquehanna LLC is one of PPL Corporation's generating affiliates.
Headquartered in Allentown, Pa., PPL Corporation (NYSE: PPL) owns or controls
through its subsidiaries 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 the United
Kingdom. More information is available at www.pplweb.com. 

SOURCE PPL Susquehanna

Website: http://www.pplweb.com
Contact: Joe Scopelliti, +1-866-832-4474, PPL Susquehanna
 
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