PPL Corp — Director's Dealing 2012

May 2, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PPL Corp (PPL)
CIK: 0000922224
Period of Report: 2012-04-30

Reporting Person: BERNTHAL FREDERICK M (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-04-30	Stock Unit (DDCP)	$	A	645.948	Acquired		Common Stock (645.948)	Direct

Footnotes

F1: No conversion or exercise price applies as, under the terms of the Directors Deferred Compensation Plan (DDCP), payout of the underlying securities will occur following a director's retirement.

F2: Payout of the underlying securities occurs as noted above in Note 1.

F3: Total includes the reinvestment of dividends.