FPL Group to host conference call to discuss storm cost recovery decision
 

May 16, 2006
FPL Group to host conference call to discuss storm cost recovery decision

MIAMI, Fla. -- FPL Group, Inc (NYSE: FPL) will host a conference call to discuss the decisions taken by the Florida Public Service Commission at its special agenda conference on Monday May 15th concerning Florida Power & Light's petition for recovery of prudently incurred 2005 storm restoration costs. The call will be led by Moray Dewhurst, chief financial officer of FPL Group and Armando Olivera, president of Florida Power & Light. The call will be held Wednesday, May 17, 2006 beginning at 9 a.m. ET/8 a.m. CT.

The listen-only webcast will be available on FPL Group’s website (www.FPLGroup.com) by accessing the following link, http://www.FPLGroup.com/investor/contents/investor_index.shtml. The slides accompanying the presentation may be downloaded at www.FPLGroup.com beginning at 7:30 a.m. ET on the day of the webcast. For persons unable to listen to the live webcast, a replay will be available for 90 days by accessing the same link as listed above.

FPL Group, with annual revenues of more than $11 billion, is nationally known as a high quality, efficient, and customer-driven organization focused on energy-related products and services. With a growing presence in 26 states, it is widely recognized as one of the country's premier power companies. Its principal subsidiary, Florida Power & Light Company, serves 4.4 million customer accounts in Florida. FPL Energy, LLC, an FPL Group competitive energy subsidiary, is a leader in producing electricity from clean and renewable fuels. Additional information is available on the Internet at www.FPL.com, www.FPLGroup.com and www.FPLEnergy.com.