**PPL      ELECTRIC UTILITIES CORPORATION**

**(formerly      PP&L, Inc. and Pennsylvania Power & Light Company)**

**TO**

**DEUTSCHE      BANK TRUST COMPANY AMERICAS**

**(formerly      Bankers Trust Company,**

**successor      to Morgan Guaranty Trust Company of New York,**

**formerly      Guaranty Trust Company of New York)**

**As      Trustee under PPL Electric Utilities Corporation’s**

**Mortgage      and Deed of Trust,**

**Dated      as of October 1, 1945**

**_____________________________**

**Seventy-fourth      Supplemental Indenture**

**Providing      among other things for**

**Amendments      to Mortgage**

**_____________________________**

***Dated      as of June 1, 2005***

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| **Designation**                                                                                                                                                                                                                                                                                          | **Dated                as of**                                                                                                                                           |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| First                Supplemental Indenture                                                                                                                                                                                                                                                                   | July                1, 1947                                                                                                                                                   |
| Second                Supplemental Indenture                                                                                                                                                                                                                                                                  | December                1, 1948                                                                                                                                               |
| Third                Supplemental Indenture                                                                                                                                                                                                                                                                   | February                1, 1950                                                                                                                                               |
| Fourth                Supplemental Indenture                                                                                                                                                                                                                                                                  | March                1, 1953                                                                                                                                                  |
| Fifth                Supplemental Indenture                                                                                                                                                                                                                                                                   | August                1, 1955                                                                                                                                                 |
| Sixth                Supplemental Indenture                                                                                                                                                                                                                                                                   | December                1, 1961                                                                                                                                               |
| Seventh                Supplemental Indenture                                                                                                                                                                                                                                                                 | March                1, 1964                                                                                                                                                  |
| Eighth                Supplemental Indenture                                                                                                                                                                                                                                                                  | June                1, 1966                                                                                                                                                   |
| Ninth                Supplemental Indenture                                                                                                                                                                                                                                                                   | November                1, 1967                                                                                                                                               |
| Tenth                Supplemental Indenture                                                                                                                                                                                                                                                                   | December                1, 1967                                                                                                                                               |
| Eleventh                Supplemental Indenture                                                                                                                                                                                                                                                                | January                1, 1969                                                                                                                                                |
| Twelfth                Supplemental Indenture                                                                                                                                                                                                                                                                 | June                1, 1969                                                                                                                                                   |
| Thirteenth                Supplemental Indenture                                                                                                                                                                                                                                                              | March                1, 1970                                                                                                                                                  |
| Fourteenth                Supplemental Indenture                                                                                                                                                                                                                                                              | February                1, 1971                                                                                                                                               |
| Fifteenth                Supplemental Indenture                                                                                                                                                                                                                                                               | February                1, 1972                                                                                                                                               |
| Sixteenth                Supplemental Indenture                                                                                                                                                                                                                                                               | January                1, 1973                                                                                                                                                |
| Seventeenth                Supplemental Indenture                                                                                                                                                                                                                                                             | May                1, 1973                                                                                                                                                    |
| Eighteenth                Supplemental Indenture                                                                                                                                                                                                                                                              | April                1, 1974                                                                                                                                                  |
| Nineteenth                Supplemental Indenture                                                                                                                                                                                                                                                              | October                1, 1974                                                                                                                                                |
| Twentieth                Supplemental Indenture                                                                                                                                                                                                                                                          | May                1, 1975                                                                                                                                                    |
| Twenty-first                Supplemental Indenture                                                                                                                                                                                                                                                            | November                1, 1975                                                                                                                                               |
| Twenty-second                Supplemental Indenture                                                                                                                                                                                                                                                           | December                1, 1976                                                                                                                                               |
| Twenty-third                Supplemental Indenture                                                                                                                                                                                                                                                            | December                1, 1977                                                                                                                                               |
| Twenty-fourth                Supplemental Indenture                                                                                                                                                                                                                                                           | April                1, 1979                                                                                                                                                  |
| Twenty-fifth                Supplemental Indenture                                                                                                                                                                                                                                                            | April                1, 1980                                                                                                                                                  |
| Twenty-sixth                Supplemental Indenture                                                                                                                                                                                                                                                            | June                1, 1980                                                                                                                                                   |
| Twenty-seventh                Supplemental Indenture                                                                                                                                                                                                                                                          | June                1, 1980                                                                                                                                                   |
| Twenty-eighth                Supplemental Indenture                                                                                                                                                                                                                                                           | December                1, 1980                                                                                                                                               |
| Twenty-ninth                Supplemental Indenture                                                                                                                                                                                                                                                            | February                1, 1981                                                                                                                                               |
| Thirtieth                Supplemental Indenture                                                                                                                                                                                                                                                               | February                1, 1981                                                                                                                                               |
| Thirty-first                Supplemental Indenture                                                                                                                                                                                                                                                            | September                1, 1981                                                                                                                                              |
| Thirty-second                Supplemental Indenture                                                                                                                                                                                                                                                           | April                1, 1982                                                                                                                                                  |
| Thirty-third                Supplemental Indenture                                                                                                                                                                                                                                                            | August                1, 1982                                                                                                                                                 |
| Thirty-fourth                Supplemental Indenture                                                                                                                                                                                                                                                           | October                1, 1982                                                                                                                                                |
| Thirty-fifth                Supplemental Indenture                                                                                                                                                                                                                                                            | November                1, 1982                                                                                                                                               |
| Thirty-sixth                Supplemental Indenture                                                                                                                                                                                                                                                            | February                1, 1983                                                                                                                                               |
| Thirty-seventh                Supplemental Indenture                                                                                                                                                                                                                                                          | November                1, 1983                                                                                                                                               |
| Thirty-eighth                Supplemental Indenture                                                                                                                                                                                                                                                           | March                1, 1984                                                                                                                                                  |
| Thirty-ninth                Supplemental Indenture                                                                                                                                                                                                                                                            | April                1, 1984                                                                                                                                                  |
| Fortieth                Supplemental Indenture                                                                                                                                                                                                                                                                | August                15, 1984                                                                                                                                                |
| Forty-first                Supplemental Indenture                                                                                                                                                                                                                                                             | December                1, 1984                                                                                                                                               |
| Forty-second                Supplemental Indenture                                                                                                                                                                                                                                                            | June                15, 1985                                                                                                                                                  |
| Forty-third                Supplemental Indenture                                                                                                                                                                                                                                                             | October                1, 1985                                                                                                                                                |
| Forty-fourth                Supplemental Indenture                                                                                                                                                                                                                                                            | January                1, 1986                                                                                                                                                |
| Forty-fifth                Supplemental Indenture                                                                                                                                                                                                                                                             | February                1, 1986                                                                                                                                               |
| Forty-sixth                Supplemental Indenture                                                                                                                                                                                                                                                             | April                1, 1986                                                                                                                                                  |
| Forty-seventh                Supplemental Indenture                                                                                                                                                                                                                                                           | October                1, 1986                                                                                                                                                |
| Forty-eighth                Supplemental Indenture                                                                                                                                                                                                                                                            | March                1, 1988                                                                                                                                                  |
| Forty-ninth                Supplemental Indenture                                                                                                                                                                                                                                                             | June                1, 1988                                                                                                                                                   |
| Fiftieth                Supplemental Indenture                                                                                                                                                                                                                                                                | January                1, 1989                                                                                                                                                |
| Fifty-first                Supplemental Indenture                                                                                                                                                                                                                                                             | October                1, 1989                                                                                                                                                |
| Fifty-second                Supplemental Indenture                                                                                                                                                                                                                                                            | July                1, 1991                                                                                                                                                   |
| Fifty-third                Supplemental Indenture                                                                                                                                                                                                                                                             | May                1, 1992                                                                                                                                                    |
| Fifty-fourth                Supplemental Indenture                                                                                                                                                                                                                                                            | November                1, 1992                                                                                                                                               |
| Fifty-fifth                Supplemental Indenture                                                                                                                                                                                                                                                             | February                1, 1993                                                                                                                                               |
| Fifty-sixth                Supplemental Indenture                                                                                                                                                                                                                                                             | April                1, 1993                                                                                                                                                  |
| Fifty-seventh                Supplemental Indenture                                                                                                                                                                                                                                                           | June                1, 1993                                                                                                                                                   |
| Fifty-eighth                Supplemental Indenture                                                                                                                                                                                                                                                            | October                1, 1993                                                                                                                                                |
| Fifty-ninth                Supplemental Indenture                                                                                                                                                                                                                                                             | February                15, 1994                                                                                                                                              |
| Sixtieth                Supplemental Indenture                                                                                                                                                                                                                                                                | March                1, 1994                                                                                                                                                  |
| Sixty-first                Supplemental Indenture                                                                                                                                                                                                                                                             | March                15, 1994                                                                                                                                                 |
| Sixty-second                Supplemental Indenture                                                                                                                                                                                                                                                            | September                1, 1994                                                                                                                                              |
| Sixty-third                Supplemental Indenture                                                                                                                                                                                                                                                             | October                1, 1994                                                                                                                                                |
| Sixty-fourth                Supplemental Indenture                                                                                                                                                                                                                                                            | August                1, 1995                                                                                                                                                 |
| Sixty-fifth                Supplemental Indenture                                                                                                                                                                                                                                                             | April                1, 1997                                                                                                                                                  |
| Sixty-sixth                Supplemental Indenture                                                                                                                                                                                                                                                             | May                1, 1998                                                                                                                                                    |
| Sixty-seventh                Supplemental Indenture                                                                                                                                                                                                                                                           | June                1, 1999                                                                                                                                                   |
| Sixty-eighth                Supplemental IndentureSixty-ninth                Supplemental IndentureSeventieth                Supplemental IndentureSeventy-first                Supplemental IndentureSeventy-second                Supplemental IndentureSeventy-third                Supplemental Indenture | August                1, 2001January                1, 2002February                1, 2003May                1, 2003February                1, 2005May                1, 2005 |

| **Series**                                                 | **Principal****Amount****Issued** | **Principal****Amount****Outstanding** |
|------------------------------------------------------------|-----------------------------------|----------------------------------------|
|                                                       |                              |                                   |
| 3%                Series due 1975                          | $93,000,000                       | None                                   |
| 2-3/4%                Series due 1977                      | 20,000,000                        | None                                   |
| 3-1/4%                Series due 1978                      | 10,000,000                        | None                                   |
| 2-3/4%                Series due 1980                      | 37,000,000                        | None                                   |
| 3-1/2%                Series due 1983                      | 25,000,000                        | None                                   |
| 3-3/8%                Series due 1985                      | 25,000,000                        | None                                   |
| 4-5/8%                Series due 1991                      | 30,000,000                        | None                                   |
| 4-5/8%                Series due 1994                      | 30,000,000                        | None                                   |
| 5-5/8%                Series due 1996                      | 30,000,000                        | None                                   |
| 6-3/4%                Series due 1997                      | 30,000,000                        | None                                   |
| 6-1/2%                Series due 1972                      | 15,000,000                        | None                                   |
| 7%                Series due 1999                          | 40,000,000                        | None                                   |
| 8-1/8%                Series due June 1, 1999              | 40,000,000                        | None                                   |
| 9%                Series due 2000                          | 50,000,000                        | None                                   |
| 7-1/4%                Series due 2001                      | 60,000,000                        | None                                   |
| 7-5/8%                Series due 2002                      | 75,000,000                        | None                                   |
| 7-1/2%                Series due 2003                      | 80,000,000                        | None                                   |
| Pollution                Control Series A                  | 28,000,000                        | None                                   |
| 9-1/4%                Series due 2004                      | 80,000,000                        | None                                   |
| 10-1/8%                Series due 1982                     | 100,000,000                       | None                                   |
| 9-3/4%                Series due 2005                      | 125,000,000                       | None                                   |
| 9-3/4%                Series due November 1, 2005          | 100,000,000                       | None                                   |
| 8-1/4%                Series due 2006                      | 150,000,000                       | None                                   |
| 8-1/2%                Series due 2007                      | 100,000,000                       | None                                   |
| 9-7/8%                Series due 1983-1985                 | 100,000,000                       | None                                   |
| 15-5/8%                Series due 2010                     | 100,000,000                       | None                                   |
| 11-3/4%                Series due 1984                     | 30,000,000                        | None                                   |
| Pollution                Control Series B                  | 70,000,000                        | None                                   |
| Pollution                Control Series C                  | 20,000,000                        | None                                   |
| 14%                Series due December 1, 1990             | 125,000,000                       | None                                   |
| 15%                Series due 1984-1986                    | 50,000,000                        | None                                   |
| 14-3/4%                Series A due 1986                   | 30,000,000                        | None                                   |
| 14-3/4%                Series B due 1986                   | 20,000,000                        | None                                   |
| 16-1/2%                Series due 1987-1991                | 52,000,000                        | None                                   |
| 16-1/8%                Series due 1992                     | 100,000,000                       | None                                   |
| 16-1/2%                Series due 1986-1990                | 92,500,000                        | None                                   |
| 13-1/4%                Series due 2012                     | 100,000,000                       | None                                   |
| Pollution                Control Series D                  | 70,000,000                        | None                                   |
| 12-1/8%                Series due 1989-1993                | 50,000,000                        | None                                   |
| 13-1/8%                Series due 2013                     | 125,000,000                       | None                                   |
| Pollution                Control Series E                  | 37,750,000                        | None                                   |
| 13-1/2%                Series due 1994                     | 125,000,000                       | None                                   |
| Pollution                Control Series F                  | 115,500,000                       | None                                   |
| 12-3/4%                Series due 2014                     | 125,000,000                       | None                                   |
| Pollution                Control Series G                  | 55,000,000                        | None                                   |
| 12%                Series due 2015                         | 125,000,000                       | None                                   |
| 10-7/8%                Series due 2016                     | 125,000,000                       | None                                   |
| 9-5/8%                Series due 1996                      | 125,000,000                       | None                                   |
| 9%                Series due 2016                          | 125,000,000                       | None                                   |
| 9-1/2%                Series due 2016                      | 125,000,000                       | None                                   |
| 9-1/4%                Series due 1998                      | 125,000,000                       | None                                   |
| 9-5/8%                Series due 1998                      | 125,000,000                       | None                                   |
| 10%                Series due 2019                         | 125,000,000                       | None                                   |
| 9-1/4%                Series due 2019                      | 250,000,000                       | None                                   |
| 9-3/8%                Series due 2021                      | 150,000,000                       | None                                   |
| 7-3/4%                Series due 2002                      | 150,000,000                       | None                                   |
| 8-1/2%                Series due 2022                      | 150,000,000                       | None                                   |
| Pollution                Control Series H                  | 90,000,000                        | None                                   |
| 6-7/8%                Series due 2003                      | 100,000,000                       | None                                   |
| 7-7/8%                Series due 2023                      | 200,000,000                       | None                                   |
| 5-1/2%                Series due 1998                      | 150,000,000                       | None                                   |
| 6-1/2%                Series due 2005                      | 125,000,000                       | None                                   |
| 6%                Series due 2000                          | 125,000,000                       | None                                   |
| 6-3/4%                Series due 2023                      | 150,000,000                       | None                                   |
| Pollution                Control Series I                  | 53,250,000                        | None                                   |
| 6.55%                Series due 2006                       | 150,000,000                       | 146,000,000                            |
| 7.30%                Series due 2024                       | 150,000,000                       | None                                   |
| 6-7/8%                Series due 2004                      | 150,000,000                       | None                                   |
| 7-3/8%                Series due 2014                      | 100,000,000                       | 10,290,000                             |
| Pollution                Control Series J                  | 115,500,000                       | None                                   |
| 7.70%                Series due 2009                       | 200,000,000                       | 325,000                                |
| Pollution                Control Series K                  | 55,000,000                        | None                                   |
| Short-Term                Series A                         | 800,000,000                       | None                                   |
| 6                1/8% REset Put Securities Series due 2006 | 200,000,000                       | None                                   |
| Short-Term                Series B                         | 600,000,000                       | None                                   |
| 5-7/8%                Series due August 15, 2007           | 300,000,000                       | 254,866,000                            |
| 6-1/4%                Series due August 15, 2009           | 500,000,000                       | 485,785,000                            |
| 3.125%                Pollution Control Series due 2008    | 90,000,000                        | 90,000,000                             |
| 4.30%                Collateral Series due 2013            | 100,000,000                       | 100,000,000                            |
| 4.70%                Pollution Control Series due 2029     | 115,500,000                       | 115,500,000                            |
| 4.75%                Pollution Control Series due 2027     | 108,250,000                       | 108,250,000                            |

**ARTICLE      I.**

**Amendments**

*Deletion      of Maintenance and Replacement Fund Covenant. *

**ARTICLE      II.**

**Miscellaneous      Provisions**

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| COMMONWEALTH                OF PENNSYLVANIA | )                             |
|---------------------------------------------|-------------------------------|
|                                        | )    ss.: |
| COUNTY                OF LEHIGH        | )                        |

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| STATE                OF NEW YORK        | )                             |
|-----------------------------------------|-------------------------------|
|                                    | )    ss.: |
| COUNTY                OF NEW YORK  | )                        |