SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): March 31, 2003
PPL CORPORATION
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(Exact name of registrant as specified in its charter)
Pennsylvania 1-11459 23-2758192
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(State or Other Jurisdiction of (Commission File Number) (IRS Employer
Incorporation) Identification No.)
Two North Ninth Street, Allentown, Pennsylvania 18101-1179
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (610) 774-5151
Item 5. Other Events.
On March 31, 2003, PPL Corporation (the "Company") entered into a new
Sales Agency Agreement with Salomon Smith Barney Inc. ("Salomon") relating to
the proposed issuance and sale from time to time of up to $75 million of the
Company's common stock, par value $0.01 per share (the "Common Stock"). This
new Sales Agency Agreement replaces a prior Sales Agency Agreement between the
Company and Salomon pursuant to which the Company issued and sold from time to
time in 2002 and 2003 an aggregate of approximately $100 million of the
Company's Common Stock. In connection with the new Sales Agency Agreement, the
Company filed a prospectus supplement to the prospectus included in its
Registration Statement on Form S-3 (File Nos. 333-85716, 333-85716-01 and
333-85716-02) filed by the Company and certain of its subsidiaries under the
Securities Act of 1933, as amended, and which was declared effective on July
22, 2002. Attached as an exhibit hereto is the new Sales Agency Agreement.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
1 Sales Agency Agreement, dated as of March 31, 2003,
between PPL Corporation and Salomon Smith Barney Inc.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, hereunto duly authorized.
PPL CORPORATION
DATED: March 31, 2003 By: /s/ James E. Abel
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Name: James E. Abel
Title: Vice President - Finance and Treasurer
Exhibit Index
Exhibit Description
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1 Sales Agency Agreement, dated as of March 31, 2003,
between PPL Corporation and Salomon Smith Barney Inc.