Exhibit 10(a)

FIRST AMENDMENT TO
INTANGIBLE TRANSITION PROPERTY
SERVICING AGREEMENT



First Amendment dated as of August 9, 2002 to Intangible Transition
  Property Servicing Agreement dated August 10, 1999 (the "Original Agreement"
  and as amended by this First Amendment, the "Agreement") between PPL Transition
  Bond Company, LLC (formerly, PP&L Transition Bond Company LLC) and PPL Electric
  Utilities Corporation (formerly, PP&L, Inc.).



The last paragraph of Section 5.10(b) of the Original Agreement
  is hereby amended to read in its entirety as follows:



| | In order to satisfy the Rating Agency Condition with respect
      to Moody's so as to permit remittances of ITC Collections on Monthly Remittance
      Dates pursuant to Section 5.10(b)(iii)(B) above, the Servicer may arrange
      for the issuance to the Trustee as beneficiary of a letter of credit, surety
      bond or other similar credit support instrument in a form, issued by a financial
      institution and in an amount acceptable to Moody's, provided that if the
      amount of coverage provided by the instrument is less that $50,000,000 and
      if at any time ITC Collections during any Collection Period exceed the amount
      of such coverage, the Servicer shall remit the excess of ITC Collections
      over that amount in accordance with Section 3.03 not later than the next
      Daily Remittance Date. The Servicer shall give notice to Moody's promptly
      upon the termination of such instrument.
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Except as amended hereby, the Agreement shall remain in full
  force and effect. This First Amendment shall be governed by and construed in
  accordance with the laws of the Commonwealth of Pennsylvania, without reference
  to the conflicts of laws provisions thereof.



| | PPL TRANSITION BOND
        COMPANY, LLC                                                                                                                                     
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |                                                                                                                                                                              
| | By /s/ James S. PenningtonName: James S. Pennington
      Title: Manager                                                                                                     
| |                                                                                                                                                                              
| | PPL ELECTRIC UTILITIES
        CORPORATION                                                                                                                                   
| |                                                                                                                                                                              
| | By /s/ Russell R. ClellandName: Russell R. Clelland
      Title: Assistant Treasurer                                                                                         
| |                                                                                                                                                                              
| | Acknowledged and Accepted:
      THE BANK OF NEW YORK,
           not in its individual capacity but solely
      as Trustee on behalf of the Holders of the Transition Bonds
| |                                                                                                                                                                              
| | By /s/ Catherine L. CerillesName: Catherine L. Cerilles, Assistant Vice President
      Title: Trust Officer