Exhibit 99

|Quarterly Servicer's Certificate
      
      PPL Transition Bond Company LLC$2,420,000,000 Transition Bonds, Series 1999-1
      
      Pursuant to Section 4 of Annex 1 the Intangible Transition
        Property Servicing Agreement dated as of August 10, 1999 (the "Servicing
        Agreement") between PPL Electric Utilities Corporation, as Servicer and
        PPL Transition Bond Company, LLC, as Issuer, the Servicer does hereby
        certify as follows:
      
      Capitalized terms used in the Quarterly Servicer's Certificate
        (the "Quarterly Certificate") have their respective meanings as set forth
        in the Servicing Agreement. References herein to the "Indenture" are to
        the Indenture dated as of August 10, 1999 between PPL Transition Bond
        Company, LLC, as issuer and The Bank of New York as Trustee.
      
      Billing Periods: March 2003, April 2003, May 2003
        Payment Date: June 25, 2003
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|1.                                                                                                                                                    | Collections
        Allocable and Aggregate Amounts Available for the Current Payment Date:                               
|----------------------------------------------------------------------------------------------------------------------------------------------------- | --------------------------------------------------------------------------------------------------------------------------
|                                                                                                                                                      | i.                                                                                                                        
|                                                                                                                                                      | ii.                                                                                                                       
|                                                                                                                                                      | iii.                                                                                                                      
|                                                                                                                                                      | iv.                                                                                                                       
|                                                                                                                                                      | v.                                                                                                                        
|                                                                                                                                                      | vi.                                                                                                                       
|                                                                                                                                                      | vii.                                                                                                                      
|                                                                                                                                                      | viii.                                                                                                                     
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      | ix.                                                                                                                       
|                                                                                                                                                      | x.                                                                                                                        
|                                                                                                                                                      | xi.                                                                                                                       
|                                                                                                                                                      | xii.                                                                                                                      
|                                                                                                                                                      |                                                                                                                           
|2.                                                                                                                                                    | Outstanding
        Principal Balance and Collection Account Balance as of Prior Payment Date:                            
|                                                                                                                                                      | i.                                                                                                                        
|                                                                                                                                                      | ii.                                                                                                                       
|                                                                                                                                                      | iii.                                                                                                                      
|                                                                                                                                                      | iv.                                                                                                                       
|                                                                                                                                                      | v.                                                                                                                        
|                                                                                                                                                      | vi.                                                                                                                       
|                                                                                                                                                      | vii.                                                                                                                      
|                                                                                                                                                      | viii.                                                                                                                     
|                                                                                                                                                      | ix.                                                                                                                       
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      | x.                                                                                                                        
|                                                                                                                                                      | xi.                                                                                                                       
|                                                                                                                                                      | xii.                                                                                                                      
|                                                                                                                                                      |                                                                                                                           
|3.                                                                                                                                                    | Required Funding/Payments
        as of Current Payment Date:                                                             
|                                                                                                                                                      | i.                                                                                                                        
|                                                                                                                                                      | ii.                                                                                                                       
|                                                                                                                                                      | iii.                                                                                                                      
|                                                                                                                                                      | iv.                                                                                                                       
|                                                                                                                                                      | v.                                                                                                                        
|                                                                                                                                                      | vi.                                                                                                                       
|                                                                                                                                                      | vii.                                                                                                                      
|                                                                                                                                                      | viii.                                                                                                                     
|                                                                                                                                                      | ix.                                                                                                                       
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      | x.                                                                                                                        
|                                                                                                                                                      | xi.                                                                                                                       
|                                                                                                                                                      | xii.                                                                                                                      
|                                                                                                                                                      | xiii.                                                                                                                     
|                                                                                                                                                      | xiv.                                                                                                                      
|                                                                                                                                                      | xv.                                                                                                                       
|                                                                                                                                                      | xvi.                                                                                                                      
|                                                                                                                                                      | xvii.                                                                                                                     
|                                                                                                                                                      | xviii.                                                                                                                    
|                                                                                                                                                      | xix.                                                                                                                      
|                                                                                                                                                      |                                                                                                                           
|4.                                                                                                                                                    | Allocation of
        Remittances as of Current Payment Date Pursuant to Section 8.02(d) of
        the Indenture:        
|*                                                                                                                                                     | i.                                                                                                                        
|                                                                                                                                                      | ii.                                                                                                                       
|**                                                                                                                                                    | iii.                                                                                                                      
|**                                                                                                                                                    | iv.                                                                                                                       
|**                                                                                                                                                    | v.                                                                                                                        
|                                                                                                                                                      | vi.                                                                                                                       
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      | vii.                                                                                                                      
|                                                                                                                                                      | viii.                                                                                                                     
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|**                                                                                                                                                    | ix.                                                                                                                       
|                                                                                                                                                      | x.                                                                                                                        
|                                                                                                                                                      | xi.                                                                                                                       
|***                                                                                                                                                   | xii.                                                                                                                      
|                                                                                                                                                      | xiii.                                                                                                                     
|                                                                                                                                                      | xiv.                                                                                                                      
|                                                                                                                                                      |                                                                                                                           
|5.                                                                                                                                                    | Outstanding
        Principal Balance and Collection Account Balance as of Current Payment
        Date:                  
|                                                                                                                                                      | (after giving
        effect to payments to be made on such payment date):                                                
|                                                                                                                                                      | i.                                                                                                                        
|                                                                                                                                                      | ii.                                                                                                                       
|                                                                                                                                                      | iii.                                                                                                                      
|                                                                                                                                                      | iv.                                                                                                                       
|                                                                                                                                                      | v.                                                                                                                        
|                                                                                                                                                      | vi.                                                                                                                       
|                                                                                                                                                      | vii.                                                                                                                      
|                                                                                                                                                      | viii.                                                                                                                     
|                                                                                                                                                      | ix.                                                                                                                       
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      | x.                                                                                                                        
|                                                                                                                                                      | xi.                                                                                                                       
|                                                                                                                                                      | xii.                                                                                                                      
|                                                                                                                                                      |                                                                                                                           
|6.                                                                                                                                                    | Subaccount Draws
        as of Current Payment Date (if applicable, pursuant to Section 8.02(d)
        of the Indenture):
|                                                                                                                                                      | i.                                                                                                                        
|                                                                                                                                                      | ii.                                                                                                                       
|                                                                                                                                                      | iii.                                                                                                                      
|                                                                                                                                                      | iv.                                                                                                                       
|                                                                                                                                                      |                                                                                                                           
|7.                                                                                                                                                    | Shortfalls In
        Interest and Principal Payments as of Current Payment Date:                                         
|                                                                                                                                                      | i.                                                                                                                        
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      | ii.                                                                                                                       
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|                                                                                                                                                      |                                                                                                                           
|8.                                                                                                                                                    | Shortfalls in
        Required Subaccount Levels as of Current Payment Date:                                              
|                                                                                                                                                      | i.                                                                                                                        
|                                                                                                                                                      | ii.                                                                                                                       
|                                                                                                                                                      |                                                                                                                           
|IN WITNESS HEREOF, the undersigned has duly
        executed and delivered this Quarterly Servicer's Certificate this 24th
        day of June, 2003.
|                                                                                                                                                     
|PPL Electric Utilities Corporation, as Servicer                                                                                                      
|                                                                                                                                                     
|by: _/s/ James E. Abel__                                                                                                                             
|                                                                                                                                                      | James E. Abel                                                                                                             
|                                                                                                                                                      | Treasurer                                                                                                                 





Note: Quarterly allocation of items in 4:
  *Bank of New York
  **PPL Electric Utilities Corporation
  ***PPL Transition Bond Company, LLC