On April 19, 2012, PPL Electric Utilities Corporation gave notice to Wells Fargo Bank, N.A., as Depositary, of PPL Electric’s election to redeem in full, on June 18, 2012, all 2,500,000 of its issued and outstanding shares of Preference Stock, Series 6.25% at the redemption price of $100 per share. There are not now, nor will there be on the Redemption Date, any accrued and unpaid dividends on the Preference Stock. The redemption of the Preference Stock will also result in the redemption of all 10,000,000 of PPL Electric’s Depositary Shares, each representing a one-fourth interest in a share of the Preference Stock.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  PPL Electric Utilities Corp., 6.25% Depositary Shares each representing a 1/4 interest in a share of Preference Stock, 6.25% Series, non-cumulative, liquidation preference $25 per depositary share, redeemable at the issuer's option on or after 4/6/2011 at $25 per depositary share plus declared and unpaid dividends, with no stated maturity, and with noncumulative distributions of 6.25% ($1.5625) per annum paid quarterly, if declared by the board, on 1/1, 4/1, 7/1 & 10/1 to holders of record on the date fixed by the board, not more than 40 days or less than 10 days prior to the payment date. In regards to payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock 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	Distribution Dates	15% Tax Rate
OTOTCn OTOTCps	6.25% $1.5625	$25.00 $25.00	Called for 6/18/2012 None	Ba1 BB+ 3/10/2012	1/1, 4/1, 7/1 & 10/1 Click for MW ExDiv Date Click for Yahoo ExDiv Date	YES

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   Tim Paukovits	610-774-4124
Toll Free Phone Number	800-345-3085

CEO - James H. Miller

CFO - Paul A. Farr