**Objective**

**Target      Awards**

**Plan      Year and Incentive Objectives**

**Payment      of Awards**

**Administration**

----

**GPE:      2007 Annual Incentive Plan**

|  **Objectives**                                                                                |  **Weighting**                                |  **Threshold**                                                                        |  **Target**         |  **Superior**      |
|-----------------------------------------------------------------------------------------------------|----------------------------------------------------|--------------------------------------------------------------------------------------------|--------------------------|-------------------------|
| **40%                of Payout**                                                                    |  **Core                Financial Objectives** |
| 1.                GPE Core Earnings per Share                                                       | 40%                                                | (1)                                                                                        | (1)                      | (1)                     |
|                                                                                                | **40%**                                            |                                                                                       |                     |                    |
| **40%                of Payout**                                                                    |  **Key                Business Objectives**   |
| 2.                Funds From Operations/Average Total Debt (credit quality)                         | 5%                                                 | (1)                                                                                        | (1)                      | (1)                     |
| 3.                J D Powers Customer Satisfaction Index - residential (3)                          | 5%                                                 | 678                - 684                                                                   | 685                - 699 | >                699 |
| 4.                % Equivalent Availability - coal & nuclear (plant                performance) | 10%                                                | (2)                                                                                        | (2)                      | (2)                     |
| 5.                MWh under management - SE (profitability)                                         | 10%                                                | (1)                                                                                        | (1)                      | (1)                     |
| 6.                Comprehensive Energy Plan progress                                                | 10%                                                | Qualitative                measureJudgment                made on collective work progress |
|                                                                                                | **40%**                                            |                                                                                       |                     |                    |
|                                                                                                |  **Individual                Performance**    |
| **20%                of Payout**                                                                    | 7.                Individual performance           | 20%                                                                                        | Discretionary            | Discretionary           | Discretionary |
|                                                                                                | **20%**                                            |                                                                                       |                     |                    |

----

**KCP&L**
**:      2007 Annual Incentive Plan**

|  **Objectives**                                                                                   |  **Weighting**                                |  **Threshold**                                                                        |  **Target**             |  **Superior**          |
|--------------------------------------------------------------------------------------------------------|----------------------------------------------------|--------------------------------------------------------------------------------------------|------------------------------|-----------------------------|
| **40%                of Payout**                                                                       |  **Core                Financial Objectives** |
| 1.                KCP&L Core Earnings per Share                                                    | 40%                                                | (1)                                                                                        | (1)                          | (1)                         |
|                                                                                                   | **40%**                                            |                                                                                       |                         |                        |
| **40%                of Payout**                                                                       |  **Key                Business Objectives**   |
| 2.                SAIDI - KCP&L - system-wide (reliability)                                        | 5%                                                 | 64.7                minutes                                                                | 62.70                minutes | 60.7                minutes |
| 3.                % Equivalent Availability - coal & nuclear (plant                performance)    | 10%                                                | (1)                                                                                        | (1)                          | (1)                         |
| 4.                OSHA incident rate  (safety)                (2)                                 | 10%                                                | 3.3                                                                                        | 2.9                          | 2.6                         |
| 3.                J D Powers Customer Satisfaction Index - residential (cust. sat.)                (3) | 5%                                                 | 678                - 684                                                                   | 685                - 699     | >                699     |
| 6.                Comprehensive Energy Plan progress                                                   | 10%                                                | Qualitative                measureJudgment                made on collective work progress |
|                                                                                                   | **40%**                                            |                                                                                       |                         |                        |
|                                                                                                   |  **Individual                Performance**    |
| **20%                of Payout**                                                                       | 7.                Individual performance           | 20%                                                                                        | Discretionary                | Discretionary               | Discretionary |
|                                                                                                   | **20%**                                            |                                                                                       |                         |                        |