November 12, 2001

FPL Group declares regular quarterly dividend

JUNO BEACH, FL - The board of directors of FPL Group (NYSE: FPL) today declared a regular quarterly dividend of 56 cents a share, payable Dec. 17 to stockholders of record Nov. 30.

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 www.fplgroup.com, www.fpl.com and www.fplenergy.com.