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FPL GROUP REGISTERS FOR COMMON STOCK SALE

 FPL GROUP REGISTERS FOR COMMON STOCK SALE
 JUNO BEACH, Fla., July 20 /PRNewswire/ -- FPL Group, Inc.


(NYSE: FPL) today filed a registration statement with the Securities and Exchange Commission for a proposed public offering of 5 million shares of common stock. The underwriters will be given the option of purchasing an additional 750,000 shared for covering any over- allotments.
 The offering will be made through Lehman Brothers, Merrill Lynch & Co. and Dean Witter Reynolds, Inc. Net proceeds from the sale will be added to FPL Group's general funds and will be used to provide equity funds for its subsidiaries, primarily Florida Power & Light Company, and for other corporate purposes.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but is not yet effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This communication shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.
 A copy of the written prospectus relating to these securities can be obtained from the underwriters.
 -0- 7/20/92
 /CONTACT: Dale Thomas of FPL Group, Inc., 305-552-3894 or 305-552-3895/
 (FPL) CO: FPL Group, Inc. ST: Florida IN: UTI SU: OFR


JB-SS -- FL016 -- 0965 07/20/92 17:48 EDT
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jul 20, 1992
Words:256
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