EXHIBIT 21 SUBSIDIARIES OF FPL GROUP, INC. State or Jurisdiction Subsidiary of Incorporation 1. Florida Power & Light Company (100%-Owned) ............................................. Florida 2. Bay Loan and Investment Bank (a) ....................................................... Rhode Island 3. Palms Insurance Company, Limited (a) ................................................... Cayman Islands ____________________ (a)	100%-owned subsidiary of FPL Group Capital Inc