FPL Group Declares Regular Quarterly Dividend
November 12, 2001

The board of directors of FPL Group today declared a regular quarterly dividend of 56 cents a share, payable Dec. 17 to stockholders of record Nov. 30.

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The declaration marks the 224th consecutive quarterly dividend paid to common stockholders over the past 56 years.

FPL Group, with annual revenues of more than $8 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, an FPL Group energy-generating subsidiary, is a leader in producing electricity from clean and renewable fuels. Additional information 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: FPL Group, Inc. Corporate Communications Dept. Media Line,
+1-305-552-3888