Exhibit 99-2

                              Media:  Tom Robinson
                                      816.556.2902
                              Investor: Greg Drown
FOR IMMEDIATE RELEASE                 816.556.2312

    Great Plains Energy Announces Expected 2002 Earnings

Kansas City, MO, December 31, 2001 - Great Plains Energy
Incorporated (NYSE:GXP) today announced expected 2002
earnings to be in the range of $2.00 to $2.10 per share.

KLT Inc., the unregulated investment company, expects to
contribute $.40 - $.45 per share. The earnings guidance
reflects today's voluntary filings of DTI Holdings, Inc.
and Digital Teleport, (DTI) Inc. for reorganization under
Chapter 11. Any earnings or losses from DTI during
bankruptcy will not flow through Great Plains Energy's
income statement and DTI's assets and liabilities will
no longer be included in the consolidated balance sheet.

Kansas City Power & Light, the regulated electric utility,
expects to contribute to 2002 earnings in the range of $1.60
to $1.70 per share. The revised guidance reflects increased
pension plan expense, expected lower bulk power prices and
planned power plant outages deferred due to Hawthorn #5
being off line for two years.

Great Plains Energy is the holding company for three wholly
owned subsidiaries: Kansas City Power & Light Company, a
leading regulated provider of electricity in the Midwest;
Great Plains Power Inc., a competitive generator that will
sell to the wholesale market; and KLT Inc., a national
investment company focusing on energy related ventures that
are unregulated with high growth potential. Headquartered
in Kansas City, Missouri, the Company's web site is
www.kcpl.com.

CERTAIN FORWARD-LOOKING INFORMATION -- Statements made in
this press release that are not based on historical facts
are forward-looking, may involve risks and uncertainties,
and are intended to be as of the date when made. In
connection with the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995, the Company is
providing a number of important factors that could cause
actual results to differ materially from provided forward-
looking information. These important factors include future
economic conditions in the regional, national and
international markets; state, federal and foreign
regulation; weather conditions; cost of fuel; financial
market conditions including, but not limited to changes in
interest rates; inflation rates; increased competition
including, but not limited to the deregulation of the United
States electric utility industry and the entry of new
competitors; ability to carry out marketing and sales plans;
ability to achieve generation planning goals and the
occurrence of unplanned generation outages; nuclear
operations; ability to enter new markets successfully and
capitalize on growth opportunities in nonregulated
businesses; adverse changes in applicable laws, regulations
or rules governing environmental including air quality
regulations, tax or accounting matters; delays in the
anticipated in-service dates of additional generating
capacity; market conditions in the telecommunications
industry; and other risks and uncertainties. This list of
factors may not be all-inclusive since it is not possible to
predict all possible factors.

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