QUANTUMONLINE.COM SECURITY DESCRIPTION:  PPL Corp., 8.75% Equity Units, stated amount $50 per unit, initially consisting of Corporate Units which include a stock purchase contract and a 1/20 interest in a 4.32% junior subordinated note issued by PPL Capital Funding Inc.and guaranteed by PPL Corp., with a principal amount of $1000. The stock purchase contract requires the holder to purchase for $50 a variable number of shares of PPL Corp. (NYSE: PPL) common stock no later than 5/1/2014 and pays a contract adjustment rate of 4.43% per annum. The stock purchase settlement rate will be 1.6133 shares per unit if the then current market price is equal to or greater than $30.99 and 1.9763 shares per unit if the market price is equal to or less than $25.30. For market prices between those values the settlement rate will be $50 divided by the market value. Prior to the IPO of this security, the last reported sale price of the common stock on 4/11/2011 was $25.69 per share. The notes are due 5/1/2019 and are subject to reset and remarketing in two tranches during the period between 1/30/2014 and 4/15/2014 (see the prospectus for further information). The Corporate Units pay quarterly distributions of 8.75% ($4.375) per annum on 2/1, 5/1, 8/1 & 11/1 to holders of record on the record date which will be 1/15, 4/15. 7/15 & 10/15 respectively (NOTE: the ex-dividend date is at least 2 business days prior to the record date). Prior to May 1, 2016, PPL Capital Funding, Inc. will have the right to defer interest payments on the notes one or more times for one or more consecutive interest periods without giving rise to an event of default. Distributions paid by these securities are derived from interest paid on the underlying debt securities and therefore are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. The notes are pledged as collateral to secure the holder's obligations under the stock purchase contract. The holder has the right at any time to convert the Corporate Units to Treasury Units by the substitution of a specified zero-coupon U.S. Treasury security for the notes and to later recreate Corporate Units. The notes are unsecured and subordinated and rank junior to the company's other unsecured senior indebtedness and equal to the company's junior subordinated indebtedness. See the IPO prospectus for extensive additional information on the equity units and their mandatory conversion provisions by clicking on the ‘Link to IPO Prospectus’ provided below.

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Conversion Shares@Price	Distribution Dates	15% Tax Rate
NYSE Chart	8.75% $4.375	$50.00 N/A	5/01/2014 5/01/2019	NF NF 5/12/2014	1.6163@$30.99+ 1.9763@$25.30-	2/1, 5/1, 8/1 & 11/1 Click for MW ExDiv Date Click for Yahoo ExDiv Date	No

Company's Online Information Links

HOME PAGE:     http://www.pplweb.com/
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Company's Online SEC EDGAR Filings

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Company's Email Address Links

Email Address	invrel@pplweb.com
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Address and Phone Numbers

Address:   Two North Ninth Street, Allentown, PA 18101
Main Phone Number	610-774-5151
Fax Number	610-774-5106
Investor Relations	610-774-5151
Toll Free Phone Number	800-345-3085

CEO - William H. Spence

CFO - Paul A. Farr