(LOUISVILLE, Ky. - December 17, 2004) Louisville Gas and Electric Company (LG&E), a member of the E.ON AG (NYSE: EON; Frankfurt: EOA) family of companies, today announced regular dividends on several series of the company's preferred stock. The LG&E dividends, payable January 18, 2005 to shareholders of record on December 31, 2004, are as follows:

• 31.25 cents per share on the 5 percent cumulative preferred stock, $25 par value
• $1.46875 per share on the $5.875 cumulative preferred stock (without par value)
• $.625 per share ($625.00 per Unit) on the preferred stock, Auction Series A (without par value)

A member of the E.ON family of companies, LG&E serves 312,000 natural gas and 384,000 electric customers in Louisville, Ky., and 16 surrounding counties.