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ALLENTOWN, Pa., May 8, 2018 /PRNewswire/ — PPL Corporation (PPL) appear today the appraisement of a registered underwritten alms of 55 actor shares of its accepted b at a amount per allotment of $27.00 in affiliation with the advanced auction agreements declared below. J.P. Morgan, Barclays and Citigroup are acting as collective book-running managers for this offering.

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In affiliation with the offering, PPL entered into advanced auction agreements with affiliates of anniversary of J.P. Morgan and Barclays (the “forward counterparties”) beneath which PPL agreed to affair and advertise to the advanced counterparties 55 actor shares of its accepted b at an antecedent advanced auction amount per allotment according to the amount per allotment at which the underwriters agreed to acquirement the shares in the offering, accountable to assertive adjustments, aloft concrete adjustment of the advanced auction agreements. The underwriters of the alms accept been accepted a 30-day advantage to acquirement up to an added 8.25 actor shares of PPL’s accepted b aloft the aforementioned terms, alone to awning any over-allotments. The alms is accepted to aing on May 11, 2018, accountable to accepted closing conditions. If the underwriters exercise their over-allotment option, PPL expects to access into added advanced auction agreements with the advanced counterparties with account to the added shares.

Settlement of the advanced auction agreements is accepted to action on or above-mentioned to November 8, 2019. PPL may, accountable to assertive conditions, accept banknote adjustment or net allotment adjustment for all or a allocation of its rights or obligations beneath the advanced auction agreements.

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If PPL elects concrete adjustment of the advanced auction agreements, it expects to use the net gain for accepted accumulated purposes.

The alms is actuality fabricated pursuant to PPL’s able shelf allotment account filed with the Balance and Barter Commission (the “SEC”). The basic announcement supplement and the accompanying abject announcement accompanying to the alms will be accessible on the SEC’s website at www.sec.gov. Copies of the basic announcement supplement and the accompanying abject announcement apropos to the alms may be acquired from the joint-book active managers for the alms as follows:

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J.P. Morgan Balance LLCc/o Broadridge Financial Solutions1155 Long Island AvenueEdgewood, NY 11717Telephone: (866) 803-9204

Barclays Basic Inc.c/o Broadridge Financial Solutions1155 Long Island AvenueEdgewood, NY [email protected]: (888) 603-5847

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Citigroup Global Markets Inc.c/o Broadridge Financial Solutions1155 Long Island AvenueEdgewood, NY 11717Telephone: (800) 831-9146

This columnist absolution does not aggregate an action to advertise or the address of an action to buy these securities, nor shall there be any auction of these balance in any administration in which the offer, address or auction of these balance would be actionable above-mentioned to allotment or accomplishment beneath the balance laws of any jurisdiction. The alms of these balance will be fabricated alone by agency of a announcement and a accompanying announcement supplement affair the requirements of Section 10 of the Balance Act of 1933, as amended.

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About PPL Corporation Headquartered in Allentown, Pa., PPL Corporation (PPL) is one of the better companies in the U.S. account sector. PPL’s seven high-performing, award-winning utilities serve 10 actor barter in the U.S. and United Kingdom. With added than 12,000 employees, the aggregation is committed to accouterment aberrant chump account and believability and carrying above amount for shareowners.

Cautionary Account Concerning Forward-Looking Statements Statements independent in this account release, including agreement and phrases that accommodate “anticipate,” “believe,” “intend,” “estimate,” “expect,” “continue,” “should,” “could,” “may,” “plan,” “project,” “predict,” “will,” “potential,” “forecast,” “target,” “guidance,” “outlook,” or added agnate terminology, are “forward-looking statements” aural the acceptation of the federal balance laws. Although PPL Corporation believes that the expectations and assumptions reflected in these advanced statements are reasonable, these statements are accountable to a cardinal of risks and uncertainties, and absolute after-effects may alter materially from the after-effects discussed in the statements. The afterward are amid the important factors that could account absolute after-effects to alter materially from the advanced statements: bazaar appeal for activity in our U.S. account territories; acclimate altitude affecting chump activity acceptance and operating costs; the aftereffect of any business or industry restructuring; the advantage and clamminess of PPL Corporation and its subsidiaries; new accounting requirements or new interpretations or applications of absolute requirements; operating achievement of our facilities; the breadth of appointed and unscheduled outages at our breeding plants; ecology altitude and requirements and the accompanying costs of compliance; arrangement altitude and operating costs; development of new projects, markets and technologies; achievement of new ventures; asset or business acquisitions and dispositions; any appulse of astringent acclimate on our business; cancellation of all-important government permits, approvals, amount abatement and authoritative amount recovery; basic bazaar altitude and decisions apropos basic structure; the appulse of state, federal or adopted investigations applicative to PPL Corporation and its subsidiaries; the aftereffect of action adjoin PPL Corporation and its subsidiaries; b amount performance; the bazaar prices of disinterestedness balance and the appulse on alimony assets and resultant banknote allotment requirements for authentic account alimony plans; the balance and acclaim ratings of PPL Corporation and its subsidiaries; cybersecurity threats; political, authoritative or bread-and-er altitude in states, regions or countries area PPL Corporation or its subsidiaries conduct business, including any abeyant furnishings of threatened or absolute agitation or war or added hostilities; British batter admirable to U.S. dollar barter rates; new state, federal or adopted legislation, including new tax legislation; and the commitments and liabilities of PPL Corporation and its subsidiaries. Any such advanced statements should be advised in ablaze of such important factors and in affiliation with factors and added affairs discussed in PPL Corporation’s Form 10-K and added letters on book with the Balance and Barter Commission.

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