| Exhibit                12(a)                                                                                                                                                                                               |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **PPL                CORPORATION AND SUBSIDIARIES** **COMPUTATION                OF RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND****PREFERRED                STOCK DIVIDENDS**(Millions                of Dollars) |
|                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                       |   | **2005** |   | **     2004                (c)** |   | **     2003                (c)** |   | **     2002                (c)** |   | **2001** |
|                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Fixed                charges, as defined:                                                                                                                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                       | Interest                on long-term debt |   | **$** | **465** |   |   | $ | 491 |   |   | $ | 417 |   |   | $ | 486 |   |   | $ | 351 |   |
|                                                                                                                                                                                                                       | Interest                on short-term debt and   other                interest |   |   | **29** |   |   |   | 20 |   |   |   | 25 |   |   |   | 70 |   |   |   | 44 |   |
|                                                                                                                                                                                                                       | Amortization                of debt discount,   expense                and premium - net |   |   | **23** |   |   |   | 8 |   |   |   | 41 |   |   |   | 25 |   |   |   | 17 |   |
|                                                                                                                                                                                                                       | Estimated                interest component of   operating                rentals |   |   | **32** |   |   |   | 34 |   |   |   | 45 |   |   |   | 38 |   |   |   | 36 |   |
|                                                                                                                                                                                                                       | Preferred                security distributions of   subsidiaries on a pre-tax                basis |   |   | **5** |   |   |   | 5 |   |   |   | 45 |   |   |   | 79 |   |   |   | 64 |   |
|                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                       |   |   |   | Total                fixed charges |   | **$** | **554** |   |   | $ | 558 |   |   | $ | 573 |   |   | $ | 698 |   |   | $ | 512 |   |
|                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Earnings,                as defined:                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                       | Net                income (a) |   | **$** | **744** |   |   | $ | 721 |   |   | $ | 740 |   |   | $ | 444 |   |   | $ | 167 |   |
|                                                                                                                                                                                                                       | Preferred                security dividend requirements |   |   | **3** |   |   |   | 3 |   |   |   | 30 |   |   |   | 66 |   |   |   | 52 |   |
|                                                                                                                                                                                                                       | Less                undistributed income (loss) of   equity                method investments |   |   | **(14** | **)** |   |   | (14 | ) |   |   | (19 | ) |   |   | (23 | ) |   |   | 20 |   |
|                                                                                                                                                                                                                       |   |   |   | **761** |   |   |   | 738 |   |   |   | 789 |   |   |   | 533 |   |   |   | 199 |   |
|                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Add:                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                       | Income                taxes |   |   | **121** |   |   |   | 203 |   |   |   | 179 |   |   |   | 214 |   |   |   | 261 |   |
|                                                                                                                                                                                                                       | Total                fixed charges as above   (excluding                capitalized interest   and                preferred security distributions of   subsidiaries                on a pre-tax basis) |   |   | **540** |   |   |   | 547 |   |   |   | 521 |   |   |   | 598 |   |   |   | 419 |   |
|                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                       |   |   |   | Total                earnings |   | **$** | **1,422** |   |   | $ | 1,488 |   |   | $ | 1,489 |   |   | $ | 1,345 |   |   | $ | 879 |   |
|                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Ratio                of earnings to fixed charges                                                                                                                                                                          |   |   | **2.6** |   |   |   | 2.7 |   |   |   | 2.6 |   |   |   | 1.9 |   |   |   | 1.7 |   |
|                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Ratio                of earnings to combined fixed   charges                and preferred stock   dividends                (b)                                                                         |   |   | **2.6** |   |   |   | 2.7 |   |   |   | 2.6 |   |   |   | 1.9 |   |   |   | 1.7 |   |
|                                                                                                                                                                                                                       |   |   |
| (a)                                                                                                                                                                                                                        |   | Net                income excludes minority interest, loss from discontinued operations                and                the cumulative effects of changes in accounting                principles. |
| (b)                                                                                                                                                                                                                        |   | PPL,                the parent holding company, does not have any preferred stock outstanding;                therefore, the ratio of earnings to combined fixed charges and preferred                stock dividends is the same as the ratio of earnings to fixed                charges. |
| (c)                                                                                                                                                                                                                        |   | Certain                line items have been revised due to the May 2005 sale of the Sundance                plant and the related reclassification of prior period operating                losses to                "Loss from Discontinued                Operations." |