FPL Group Announces Date for Release of Its First Quarter 2006 Financial Results.

JUNO BEACH, Fla. -- FPL Group, Inc. (NYSE:FPL) today announced that it plans to report first quarter 2006 financial results in a press release to be issued before the opening of the New York Stock Exchange on Tuesday, May 2, 2006. In conjunction with the issuance of the press release, Lew Hay, chairman, president and chief executive officer of FPL Group, Moray Dewhurst, chief financial officer of FPL Group, and other members of the company's senior management team will discuss results during an investor presentation to be webcast live beginning at 9 a.m. ET/8 a.m. CT on May 2.

The listen-only webcast will be available on FPL Group's website (http://www.FPLGroup.com) by accessing the following link, http://www.FPLGroup.com/investor/contents/investor_index.shtml. The slides accompanying the presentation may be downloaded at http://www.FPLGroup.com beginning at 7:30 a.m. ET on the day of the webcast. For persons unable to listen to the live webcast, a replay will be available for 90 days by accessing the same link as listed above.

FPL Group, with annual revenues of more than $11 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 4.4 million customer accounts in Florida. FPL Energy, LLC, an FPL Group competitive energy 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.FPLEnery.com.

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