|Exhibit
        12(a)                                                                                                                                                   
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|PPL CORPORATION AND SUBSIDIARIES
        COMPUTATION OF RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND 
        PREFERRED STOCK DIVIDENDS
        (Millions of Dollars)
|                                                                                                                                                                        
|                                                                                                                                                                        
|                                                                                                                                                                        
|                                                                                                                                                                        
|                                                                                                                                                                        
|Fixed charges, as defined:                                                                                                                                              
|                                                                                                                                                                        
|                                                                                                                                                                        
|                                                                                                                                                                        
|                                                                                                                                                                        
|                                                                                                                                                                        
|                                                                                                                                                                        
|                                                                                                                                                                        
|                                                                                                                                                                        
|                                                                                                                                                                        
|                                                                                                                                                                        
|                                                                                                                                                                        
|Earnings, as defined:                                                                                                                                                   
|                                                                                                                                                                        
|                                                                                                                                                                        
|                                                                                                                                                                        
|                                                                                                                                                                        
|                                                                                                                                                                        
|Add:                                                                                                                                                                    
|                                                                                                                                                                        
|                                                                                                                                                                        
|                                                                                                                                                                        
|                                                                                                                                                                        
|                                                                                                                                                                        
|                                                                                                                                                                        
|                                                                                                                                                                        
|                                                                                                                                                                        
|Ratio of earnings to fixed charges                                                                                                                                      
|                                                                                                                                                                        
|Ratio of earnings to combined
        fixed
          charges and preferred stock
          dividends (b)                                                               
|                                                                                                                                                                        
|                                                                                                                                                                        
|(a)                                                                                                                                                                     
|(b)