PPL Corporation ("PPL") and its indirect, wholly owned subsidiary, PPL Energy Supply, LLC ("PPL Energy Supply") reported discontinued operations in their respective reports on Form 10-Q for the quarter ended June 30, 2009, as a result of the anticipated sales by their generation subsidiary of its Long Island generation business and by their PPL Maine subsidiary of the majority of its hydroelectric generation business. See Note 10 to the Financial Statements, in Exhibit 99.1, for additional information. PPL and PPL Energy Supply also reflected in their respective reports on Form 10-Q for the quarters ended March 31, 2009 and June 30, 2009, the retrospective application of accounting standards FSP APB 14-1, Accounting for Convertible Debt Instruments That May Be Settled in Cash upon Conversion (Including Partial Cash Settlement), FSP EITF 03-6-1, Determining Whether Instruments Granted in Share-Based Payment Transactions Are Participating Securities and SFAS 160, Noncontrolling Interests in Consolidated Financial Statements, an amendment of ARB No. 51, which were adopted effective January 1, 2009. See Note 1 to the Financial Statements, in Exhibit 99.1, for additional information.

As a result of these discontinued operations and the retrospective application of these accounting standards, PPL and PPL Energy Supply are filing this Form 8-K with the exhibits hereto to conform certain financial information presented in their Form 10-K reports for the year ended December 31, 2008, to the presentation in their first and second quarter 2009 Form 10-Q reports.

Furthermore, as the exhibits to this Form 8-K only conform the financial information and disclosures in PPL's and PPL Energy Supply's 2008 Form 10-K reports to reflect these discontinued operations and the retrospective application of these accounting standards, they should be read in conjunction with those periodic reports as originally filed with the Securities and Exchange Commission.

(d) Exhibits

           12(a) -  PPL Corporation and Subsidiaries Computation of Ratio of
                    Earnings to Combined Fixed Charges and Preferred Stock
                    Dividends
           12(b) -  PPL Energy Supply, LLC and Subsidiaries Computation of Ratio
                    of Earnings to Fixed Charges
           23.1 -   Consent of Ernst & Young LLP - PPL Corporation
           23.2 -   Consent of Ernst & Young LLP - PPL Energy Supply, LLC
           99.1 -   Selected Financial Data, Management's Discussion and
                    Analysis of Financial Condition and Results of Operations;
                    and Financial Statements and Supplementary Data of PPL and
                    PPL Energy Supply for the year ended December 31, 2008