<PAGE>
EXHIBIT 99
PPL CORPORATION
CORPORATE ORGANIZATION BEFORE AND AFTER REALIGNMENT
(SELECTED SUBSIDIARIES)
Before Realignment
PPL Corporation
PPL Electric Utilities Corporation
PPL Transition Bond Company, LLC
PPL Capital Trust
PPL Capital Trust II
PPL Energy Funding Corporation
CEP Delaware, Inc.
CEP Reserves, Inc.
PPL Rights, Inc.
CEP Commerce, LLC
PPL Interstate Energy Company
Pennsylvania Mines Corporation
Realty Company of Pennsylvania
PPL EnergyPlus, LLC
PPL Synfuel Investments, LLC
PPL Global, LLC
PPL Generation Holdings, LLC
PPL Maine, LLC
PPL Montana Holdings, LLC
PPL Montana, LLC
PPL Spectrum, Inc.
Burns Mechanical, Inc.
H.T. Lyons, Inc.
McClure Company
McCarl's Inc.
Western Mass. Holdings, Inc.
PPL Capital Funding, Inc.
PPL Gas Utilities Corporation
<PAGE>
PPL CORPORATION
CORPORATE ORGANIZATION BEFORE AND AFTER REALIGNMENT
(SELECTED SUBSIDIARIES)
After Realignment
PPL Corporation
PPL Electric Utilities Corporation
PPL Transition Bond Company, LLC
PPL Capital Trust
PPL Capital Trust II
CEP Commerce, LLC
PPL Energy Funding Corporation
PPL Global, LLC
PPL EnergyPlus, LLC
PPL Synfuel Investments, LLC
PPL Spectrum, Inc.
PPL Energy Services Holdings, LLC
Burns Mechanical, Inc.
H.T. Lyons, Inc.
McClure Company
McCarl's Inc.
Western Mass. Holdings, Inc.
PPL Generation, LLC
PPL Holtwood, LLC
Pennsylvania Mines Corporation
PPL Maine, LLC
PPL Interstate Energy Company
Realty Company of Pennsylvania
PPL Montana Holdings, LLC
PPL Susquehanna, LLC
PPL Montour, LLC
PPL Martins Creek, LLC
PPL Brunner Island, LLC
PPL Rights, Inc. (jointly owned by PPL Montour, PPL Martins
Creek, and PPL Brunner Island)
CEP Delaware, Inc.
CEP Reserves, Inc.
PPL Services Corporation
PPL Capital Funding, Inc.
PPL Gas Utilities Corporation
