Siemens Receives Order from FPL Energy for up to 600 Megawatts of Wind Turbines

Siemens will manufacture, install and commission its 2.3-MW Mk IIwind turbines for FPL Energy. Delivery of the wind turbines will beginin 2006 and support the planned expansion of wind-driven electricitygeneration projects at FPL Energy.

"Wind projects continue to be an important part of the growthstrategy for FPL Energy," said Jim Robo, president of FPL Energy."This new turbine agreement with Siemens provides us with a platformto deploy turbines early next year."

"This agreement with FPL Energy is important because it is thefirst wind power contract for our growing wind power business in theAmericas region since Siemens acquired Bonus Energy last December,"said Randy Zwirn, member, Siemens Power Generation ExecutiveManagement and president and CEO, Siemens Power Generation, Inc..

"The wind power business, especially in the U.S. and Canada, ismore favorable now than it was in the past," added Zwirn. "With theincreased focus on clean renewable energy, as well as high natural gasprices and volatility, wind power is an increasingly attractivealternative. In addition, the recently passed Federal Energy PolicyAct includes provisions for subsidies and tax credits for thedevelopment of renewable energy, which enhances the attractiveness forour customers."

"The recent passage of the Energy Policy Act that contains atwo-year extension of the wind production tax credit enables us toexecute, without interruption, our wind development program," saidRobo. "As the leading U.S. wind power company, it is important for FPLEnergy to secure a reliable and economic source of wind turbines foruse in projects we are developing today and into the future. Securinga supply of turbines with Siemens now will benefit our customers."

The Power Generation Group (PG), a unit of Siemens AG, is one ofthe premier entities in the international power generation sector. Infiscal 2004 (which ended September 30), Siemens PG posted salesamounting to approximately EURO 7.5 billion and received new orderstotaling EURO 9.2 billion. Group profit amounted to EURO 961 million.On September 30, 2004, PG had a workforce of approximately 30,900worldwide. Further information at:http://www.siemens.com/powergeneration.

FPL Energy is a leading wholesale generator utilizing clean fuelssuch as natural gas, wind, solar, hydroelectric and nuclear togenerate electricity. It is the nation's leader in wind energy, with45 wind facilities in operation in 15 states. It is a subsidiary ofFPL Group, one of the nation's largest providers ofelectricity-related services. FPL Group's principal subsidiary isFlorida Power & Light Company, one of the nation's largest electricutilities, serving 4.3 million customer accounts in Florida.Additional information is available on the Internet atwww.FPLEnergy.com, www.FPLGroup.com and www.FPL.com.