<ARTICLE> UT <CIK> 0000055387 <NAME> KENTUCKY UTILITIES COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> JUN-30-1999 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,474,479 <OTHER-PROPERTY-AND-INVEST> 14,641 <TOTAL-CURRENT-ASSETS> 250,629 <TOTAL-DEFERRED-CHARGES> 53,630 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,793,379 <COMMON> 307,545 <F1> <CAPITAL-SURPLUS-PAID-IN> 0 <F2> <RETAINED-EARNINGS> 319,424 <TOTAL-COMMON-STOCKHOLDERS-EQ> 626,969 <PREFERRED-MANDATORY> 0 <PREFERRED> 40,000 <LONG-TERM-DEBT-NET> 484,830 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 61,500 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 580,080 <TOT-CAPITALIZATION-AND-LIAB> 1,793,379 <GROSS-OPERATING-REVENUE> 443,143 <INCOME-TAX-EXPENSE> 33,221 <OTHER-OPERATING-EXPENSES> 337,959 <TOTAL-OPERATING-EXPENSES> 371,180 <OPERATING-INCOME-LOSS> 71,963 <OTHER-INCOME-NET> 4,162 <INCOME-BEFORE-INTEREST-EXPEN> 76,125 <TOTAL-INTEREST-EXPENSE> 18,740 <NET-INCOME> 57,385 <PREFERRED-STOCK-DIVIDENDS> 1,128 <EARNINGS-AVAILABLE-FOR-COMM> 56,257 <COMMON-STOCK-DIVIDENDS> 37,128 <TOTAL-INTEREST-ON-BONDS> 18,519 <CASH-FLOW-OPERATIONS> 81,319 <EPS-BASIC> 0 <EPS-DILUTED> 0 <FN> <F1>Includes common stock expense of $595. <F2>Represents unrealized loss on marketable securities, net of taxes. </FN>