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[KU LETTERHEAD]
Michael R. Whitley, Chairman and President
[LOGO OF KU ENERGY]
September 26, 1997
Dear Shareholder:
We have previously mailed to you proxy materials relating to the Special
Meeting of Shareholders of KU Energy Corporation to be held on Tuesday, October
14, 1997, at which shareholders will be asked to approve a Merger Agreement
between KU Energy Corporation and LG&E Energy Corp.
According to our latest records, we have not received your proxy card for
this important meeting. Regardless of the number of shares you own, it is
important that they are represented and voted at the meeting. Shares not voted
will have the same effect as if you voted against the Merger Agreement. If you
have not already mailed your proxy card, please take a moment to sign, date and
mail the enclosed duplicate proxy card promptly in the return envelope provided
for your convenience.
For the reasons set forth in the Proxy Statement dated August 22, 1997,
your Board of Directors unanimously recommends that you vote "FOR" approval of
the Merger Agreement and the Merger (as defined therein).
We are pleased to announce that on September 12, 1997, the Kentucky Public
Service Commission unanimously approved the merger and the regulatory plan
proposed by the companies.
If you should have any questions, please contact our Shareholder Relations
Department at 1-800-786-2558. Thank you for your cooperation and continued
support.
Sincerely,
Michael R. Whitley
Chairman of the Board, President
and Chief Executive Officer
