8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  March 3, 2009

Commission File Number	Registrant; State of Incorporation; Address and Telephone Number	IRS Employer Identification No.
1-11459	PPL Corporation (Exact name of Registrant as specified in its charter) (Pennsylvania) Two North Ninth Street Allentown, PA  18101-1179 (610) 774-5151	23-2758192
1-32944	PPL Energy Supply, LLC (Exact name of Registrant as specified in its charter) (Delaware) Two North Ninth Street Allentown, PA  18101-1179 (610) 774-5151	23-3074920

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Section 8 - Other Events

Item 8.01 Other Events

On March 4, 2009, PPL Energy Supply, LLC (the “Company”) issued a press release announcing the results to date of its previously announced tender offers to purchase for cash up to $250,000,000 aggregate principal amount of its outstanding (i) 6.00% Senior Notes due 2036 (CUSIP No. 69352J AK3), (ii) 6.20% Senior Notes due 2016 (CUSIP No. 69352J AH0) and (iii) 5.40% Senior Notes due 2014 (CUSIP No. 69352J AF4).

A copy of the Company’s press release is attached hereto as Exhibit 99.1 to this report and is hereby incorporated by reference.

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits

(d)	Exhibits
	99.1 -	Press Release of the Company, dated March 4, 2009.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.

PPL CORPORATION
By:	/s/ J. Matt Simmons, Jr.
	J. Matt Simmons, Jr. Vice President and Controller

PPL ENERGY SUPPLY, LLC
By:	/s/ J. Matt Simmons, Jr.
	J. Matt Simmons, Jr. Vice President and Controller

Dated:  March 4, 2009

EX-99.1

Exhibit 99.1

Contact:  George Biechler, 610-774-5997

PPL Energy Supply announces preliminary results of its cash tender offers

for up to $250 million of its Senior Notes

ALLENTOWN, Pa. (March 4, 2009) -- PPL Energy Supply, LLC announced that, in connection with the company’s previously announced tender offers for up to $250 million aggregate principal amount of the outstanding senior notes listed below, the following amounts of senior notes have been tendered as of 5:00 p.m., New York City time, March 3, 2009:

Title of Security CUSIP No.	Acceptance  Priority  Level	Principal  Amount  Tendered
6.00% Senior Notes due 2036 (CUSIP No. - 69352J AK3)	First	$99,578,000
6.20% Senior Notes due 2016 (CUSIP No. - 69352J AH0)	Second	$273,584,000
5.40% Senior Notes due 2014 (CUSIP No. - 69352J AF4)	Third	$40,679,000
		$413,841,000

Because the aggregate principal amount of 6.00% Senior Notes due 2036 and 6.20% Senior Notes due 2016 tendered exceeds the $250 million tender cap, the 6.20% Senior Notes due 2016 will, if accepted for purchase, be purchased on a pro rata basis as described in the Offer to Purchase. Validly tendered 6.00% Senior Notes due 2036 and 6.20% Senior Notes due 2016 may no longer be withdrawn. Any 6.00% Senior Notes due 2036 or 6.20% Senior Notes due 2016 tendered but not accepted for purchase will be promptly returned to the tendering parties following the expiration or termination of the applicable tender offer.

Because the aggregate principal amount of 6.00% Senior Notes due 2036 and 6.20% Senior Notes due 2016 tendered exceeds the $250 million tender cap, PPL Energy Supply has terminated its tender offer for the 5.40% Senior Notes due 2014. Any 5.40% Senior Notes due 2014 tendered will be promptly returned to the tendering parties.

The expiration date of the tender offers is currently 11:59 p.m., New York City time, on March 16, 2009.

The full terms and conditions of the tender offers are set forth in the Offer to Purchase dated February 17, 2009, which was mailed to the holders of the senior notes.

For additional information regarding the terms of the tender offers, please contact: Morgan Stanley at 800-624-1808 (toll free) or 212-761-5384 (collect) or Wachovia Securities at 866-309-6316 (toll free) or 704-715-8341 (collect). Requests for documents and questions regarding the tender of notes may be directed to D.F. King & Co., Inc. at 800-628-8536 (toll free) or 212-269-5550 (collect).

PPL Energy Supply controls or owns more than 12,000 megawatts of generating capacity in the United States, sells energy in key U.S. markets, and delivers electricity to customers in the United Kingdom. PPL Energy Supply is a subsidiary of PPL Corporation (NYSE:PPL), headquartered in Allentown, Pa. More information is available at www.pplweb.com.

#     #     #

PPL Energy Supply, LLC’s obligations to accept any notes tendered and to pay the applicable consideration for them are set forth solely in the Offer to Purchase and related Letter of Transmittal.

This news release is not an offer to purchase or a solicitation of acceptance of the tender offers. PPL Energy Supply, LLC may amend, extend or, subject to certain conditions, terminate the tender offers.

Note to Editors: Visit our media Web site at www.pplnewsroom.com for additional news and background about PPL Corporation.