JUNO BEACH, Fla.--(BUSINESS WIRE)--Oct. 17, 2003--The board of directors of FPL Group, Inc. (NYSE:FPL) today declared a regular quarterly common stock dividend of 60 cents a share, payable December 15 to stockholders of record November 28. The declaration marks the 232nd consecutive quarterly dividend paid to common stockholders over the past 57 years.

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 26 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 http://www.FPLGroup.com, http://www.FPL.com and http://www.FPLEnergy.com.

Note to Editors: High-resolution logos and executive head shots are available for download at http://www.fpl.com/news/contents/logos.shtml .

CONTACT:
FPL Group, Inc., Miami
Corporate Communications Dept.
Media Line: Steve Stengel, 305-552-3888

SOURCE: FPL Group, Inc.