FPL Group Announces Date for Release of Third Quarter 2008 Financial Results.

JUNO BEACH, Fla. -- FPL Group, Inc. (NYSE:FPL) today announced that it plans to report third quarter 2008 financial results in a press release to be issued before the opening of the New York Stock Exchange on Monday, Oct. 27. In conjunction with the issuance of the news release, Lew Hay, chairman and chief executive officer of FPL Group, Jim Robo, president and chief operating officer of FPL Group, Armando Pimentel, executive vice president, finance and 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. EST on Oct. 27.

The listen-only webcast will be available on FPL Group's website (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 www.FPLGroup.com beginning at 7:30 a.m. EST on the day of the webcast. For those unable to listen to the live webcast, a replay will be available by accessing the same link as listed above.

FPL Group, with annual revenues of over $15 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 27 states, it is widely recognized as one of the country's premier power companies. Its rate-regulated subsidiary, Florida Power & Light Company, serves 4.5 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 www.FPLGroup.com, www.FPL.com and www.FPLEnergy.com.

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