PPL Response to Shareowner Proposal (Spinoff Resolution)

March 10, 2015
 
VIA FEDEX AND E-MAIL
 
Mr. Eric Joseph Epstein
4100 Hillsdale Road
Harrisburg, PA, 17112
lechambon@comcast.net
 
Re:     Proposal for Shareowner Consideration at the PPL 2015 Annual Meeting
 
Dear Mr. Epstein:
 
In light of the expected filing date of our proxy statement this year and in accordance with Rule 14a-8 under the Securities Exchange Act of 1934, I have attached PPL Corporation's response to your shareowner proposal regarding PPL’s spinoff of its PPL Energy Supply, LLC business, together with your proposal, as each will appear in PPL Corporation's proxy statement this year if no-action relief for exclusion is not granted by the SEC. PPL’s submission of its no-action letter to the SEC to exclude your proposal from PPL’s proxy statement is still pending before the SEC.  If relief is granted by the SEC, we will exclude your proposal from this year’s proxy statement.
 
I would appreciate your confirmation of receipt of this e-mail by return e-mail.  Thank you.
 
Sincerely yours,
 
Elizabeth Stevens Duane
 
Attachment
Elizabeth Stevens Duane
Associate General Counsel and Assistant Secretary
PPL
Two North Ninth Street
Allentown, PA  18101 

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