FPL Group Declares Quarterly Dividend
August 14, 2000

The board of directors of FPL Group, Inc. has declared the regular quarterly common stock dividend of 54 cents per share, payable on Sept. 15, 2000, to shareholders of record on Aug. 25, 2000.

The declaration marks the 219th consecutive quarterly dividend paid to common stockholders over the past 55 years.

FPL Group, with annual revenues of more than $6 billion, is one of the country's largest providers of electricity-related services. Its principal subsidiary, Florida Power & Light Company, serves 3.8 million customer accounts in Florida. FPL Energy, LLC, its independent power producer subsidiary, is a leader in producing electricity from clean and renewable fuels. Information about FPL Group and its subsidiaries is available on the Internet at http://www.fplgroup.com/, http://www.fpl.com/ and http://www.fplenergy.com/.

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SOURCE: FPL Group, Inc.

Contact: Media Relations, Duty Officer, 305-552-3888, or Investor
Relations, Lisa Kuzel, 561-694-6497, both of FPL Group, Inc.