(LOUISVILLE, Ky. - April 12, 2005) Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU), both members of the E.ON AG (NYSE: EON; Frankfurt: EOA) family of companies, today announced regular dividends on several series of the companies' preferred stock.

The LG&E dividends are payable April 15, 2005, to shareholders of record on March 31, 2005, 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)
• $.750 per share ($750 per unit) on the preferred stock, Auction Series A (without par value)

The KU dividends are payable June 1, 2005, to shareholders of record on May 13, 2005, are as follows:

• $1.1875 per share on the 4.75 percent preferred stock, (stated value $100 per share)
• $1.6325 per share on the 6.53 percent preferred stock, (stated value $100 per share)

LG&E Energy LLC, headquartered in Louisville, Ky., is a diversified energy services company. LG&E Energy owns and operates Louisville Gas and Electric Company, a regulated utility that serves 318,000 natural gas and 390,000 electric customers in Louisville and 16 surrounding counties, and Kentucky Utilities Company, a regulated electric utility in Lexington, Ky., that serves 518,000 customers in 77 Kentucky counties and five counties in Virginia.