JUNO BEACH, Fla. – The board of directors of FPL Group, Inc. (NYSE: FPL) today declared a regular quarterly common stock dividend of 35.5 cents a share, payable Sept. 15, 2005 to shareholders of record at the close of business on Aug. 26, 2005. The declaration marks the 239th consecutive quarterly dividend paid to common shareholders over the past 59 years.

FPL Group, with annual revenues of more than $10 billion, is nationally known as a high-quality, efficient, and customer-driven organization focused on energy-related products and services. With a growing presence in 26 states, it is widely recognized as one of the country's premier power companies. Its principal subsidiary, Florida Power & Light Company, serves 4.3 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 andwww.FPLEnergy.com.