FPL FiberNet Expands Fiber-Optic Network to West Palm Beach, Boca Raton
July 24, 2001

FPL FiberNet, LLC, a subsidiary of FPL Group , today announced completion of a fiber-optic project in the West Palm Beach and Boca Raton metropolitan areas. These metros are an integral part of FPL FiberNet's $350 million investment in Florida's telecommunications infrastructure. The company now has approximately 2,400 route miles of fiber. It operates the second-largest fiber-optic network in the United States.

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"As a wholesale fiber-optic provider, the company offers carriers a time- to-market advantage, as well as a highly reliable network," said Neil Flynn, president of FPL FiberNet. "FPL FiberNet is a strong, stable company, cash positive and contributing to the earnings of the parent company, FPL Group. During these times of economic uncertainty in this industry, FPL FiberNet offers security and stability. The company is an excellent choice for domestic and international carriers requiring bandwidth and capacity," Flynn said.

About FPL FiberNet

FPL FiberNet provides dark fiber and bandwidth on its fiber-optic network in most metropolitan cities throughout Florida. The company, which operates the second-largest fiber-optic network in the United States, provides connectivity to major telecom centers in Florida, including leading carrier hotels, network access point (NAP) initiatives, international cable-heads and large central offices. Through multiple interconnection and partnership agreements, the network spans 8,600 miles throughout the Southeast. The company has completed fiber-optic networks in Miami, Fort Lauderdale, West Palm Beach, Boca Raton, Orlando and Tampa as part of an aggressive schedule to bring metro networks to major cities throughout the state.

FPL FiberNet, LLC is the telecommunications subsidiary of FPL Group, Inc. , one of the nation's largest providers of electricity-related services with annual revenues of more than $7 billion. Florida Power & Light Company, with approximately 3.9 million customer accounts in Florida is FPL Group's principal subsidiary.

FPL Energy, LLC, FPL Group's energy-generating subsidiary, is a leader in producing electricity from clean and renewable fuels. Additional information is available on the Internet at http://www.fpl.com/.

Additional information about FPL FiberNet is available on the Internet at http://www.fplfibernet.com/.

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SOURCE: FPL FiberNet, LLC

Contact: FPL FiberNet, LLC, Corporate Communications, Media Line,
305-552-3888