FPL Group Expects to Meet Consensus First Quarter EPS of 76 Cents, Excluding Merger-Related Expenses

Apr 10, 2001, 01:00 ET from FPL Group, Inc.

    JUNO BEACH, Fla., April 10 /PRNewswire/ -- FPL Group, Inc. (NYSE:   FPL)
 today said it expects to meet consensus earnings per share of 76 cents for the
 first quarter 2001, excluding merger-related expenses.
     The company said the expenses related to a proposed merger with Entergy
 Corporation, which was terminated last week, would be approximately
 $30 million.
     FPL Group will announce its earnings during a teleconference call on
 Friday, April 20 at 9:00 a.m. EDT.  The conference will be available via
 webcast on www.vcall.com .
     FPL Group, with annual revenues of more than $7 billion, is one of the
 nation's largest providers of electricity-related services.  Its principal
 subsidiary, Florida Power & Light Company, serves approximately 3.9 million
 customer accounts in Florida.  FPL Energy, LLC, FPL Group's U.S.
 energy-generating subsidiary, is a leader in producing electricity from clean
 and renewable fuels.  Additional information is available on the Internet at
 www.fplgroup.com, www.fpl.com and www.fplenergy.com .
 
 

SOURCE FPL Group, Inc.
    JUNO BEACH, Fla., April 10 /PRNewswire/ -- FPL Group, Inc. (NYSE:   FPL)
 today said it expects to meet consensus earnings per share of 76 cents for the
 first quarter 2001, excluding merger-related expenses.
     The company said the expenses related to a proposed merger with Entergy
 Corporation, which was terminated last week, would be approximately
 $30 million.
     FPL Group will announce its earnings during a teleconference call on
 Friday, April 20 at 9:00 a.m. EDT.  The conference will be available via
 webcast on www.vcall.com .
     FPL Group, with annual revenues of more than $7 billion, is one of the
 nation's largest providers of electricity-related services.  Its principal
 subsidiary, Florida Power & Light Company, serves approximately 3.9 million
 customer accounts in Florida.  FPL Energy, LLC, FPL Group's U.S.
 energy-generating subsidiary, is a leader in producing electricity from clean
 and renewable fuels.  Additional information is available on the Internet at
 www.fplgroup.com, www.fpl.com and www.fplenergy.com .
 
 SOURCE  FPL Group, Inc.

RELATED LINKS

http://www.fpl.com