FPL Group schedules live webcast of company's annual meeting
May 22, 2003

JUNO BEACH, Fla. - FPL Group, Inc. (NYSE: FPL) will provide a live webcast of its annual meeting of shareholders, which begins at 10:00 a.m. EDT Friday, May 23.

The audio webcast of the meeting will be available at http://www.fplgroup.com/investor/contents/investor_index.shtml.

The annual meeting comments by Lew Hay, chairman and chief executive officer, and other senior officers will be available for replay an hour following the live broadcast at the same site. A taped replay of the webcast will be available for 30 days.

FPL Group, with annual revenues of more than $8 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 24 states, it is widely recognized as one of the country's premier power companies. Its principal subsidiary, Florida Power & Light Company, serves more than 4 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.comwww.FPL.com andwww.FPLEnergy.com.