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/.

Other FPL Group, Inc. press releases are available at no charge through
PR Newswire's Company News On-Call fax service and on PRN's Web site. For a
menu of FPL Group, Inc. press releases or to retrieve a specific release, call
800-758-5804, ext. 319763, or http://www.prnewswire.com/comp/319763.html

SOURCE: FPL Group, Inc.