<ARTICLE> UT <CIK> 0000055387 <NAME> KENTUCKY UTILITIES COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> SEP-30-1999 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,549,854 <OTHER-PROPERTY-AND-INVEST> 14,165 <TOTAL-CURRENT-ASSETS> 229,718 <TOTAL-DEFERRED-CHARGES> 52,191 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,845,928 <COMMON> 307,545 <F1> <CAPITAL-SURPLUS-PAID-IN> 0 <F2> <RETAINED-EARNINGS> 324,286 <TOTAL-COMMON-STOCKHOLDERS-EQ> 631,831 <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> 627,767 <TOT-CAPITALIZATION-AND-LIAB> 1,845,928 <GROSS-OPERATING-REVENUE> 724,646 <INCOME-TAX-EXPENSE> 47,130 <OTHER-OPERATING-EXPENSES> 573,024 <TOTAL-OPERATING-EXPENSES> 620,154 <OPERATING-INCOME-LOSS> 104,492 <OTHER-INCOME-NET> 5,767 <INCOME-BEFORE-INTEREST-EXPEN> 110,259 <TOTAL-INTEREST-EXPENSE> 28,448 <NET-INCOME> 81,811 <PREFERRED-STOCK-DIVIDENDS> 1,692 <EARNINGS-AVAILABLE-FOR-COMM> 80,119 <COMMON-STOCK-DIVIDENDS> 56,692 <TOTAL-INTEREST-ON-BONDS> 27,716 <CASH-FLOW-OPERATIONS> 179,150 <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>