[Federal Register Volume 68, Number 11 (Thursday, January 16, 2003)]
[Notices]
[Pages 2387-2388]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-953]


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SECURITIES AND EXCHANGE COMMISSION

[File No. 1-00905]


Self-Regulatory Organizations; Notice of Application To Strike 
From Listing and Registration; The Philadelphia Stock Exchange, Inc. 
(PPL Electric Utilities, $3.35%, $4.40%, $4.50% and $4.60% Series 
Preferred Stock, no par value)

January 10, 2003.
    PPL Electric Utilities, a Pennsylvania Corporation, (``Issuer'') 
has filed an application with the Securities and Exchange Commission 
(``Commission''), pursuant to section 12(d) of the Securities Exchange 
Act of 1934 (``Act''),\1\ and Rule 12d2-2(d) thereunder,\2\ to withdraw 
the $3.35%, $4.40%, $4.50% and $4.60% Series Preferred Stock, no par 
value (``Securities''), from listing and registration on the 
Philadelphia Stock Exchange, Inc. (``PHLX'' or ``Exchange'').
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    \1\ 15 U.S.C. 78L(d).
    \2\ 17 CFR 240.12d2-2(c).

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[[Page 2388]]

    The Issuer stated in its application that it has complied with the 
rules of the PHLX that govern the removal of securities from listing 
and registration on the Exchange.
    In making the decision to withdraw its Security from listing on the 
Exchange, the Issuer states that the Securities no longer meet the 
PHLX's minimum listing criteria of 250,000 shares. In addition, the 
Issuer states that its 4.50% and 4.40% Securities are currently listed 
on the New York Stock Exchange, Inc. (``NYSE'').
    The Issuer's application relates solely to the withdrawal of the 
Securities from listing and registration on the PHLX and shall have no 
effect upon its continued listing and registration on the NYSE under 
section 12(b).\3\
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    \3\ 15 U.S.C. 78L(b).
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    Any interested person may, on or before February 3, 2003, submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, NW., Washington, DC 20549-0609, facts bearing upon 
whether the application has been made in accordance with the rules of 
the PHLX and what terms, if any, should be imposed by the Commission 
for the protection of investors. The Commission, based on the 
information submitted to it, will issue an order granting the 
application after the date mentioned above, unless the Commission 
determines to order a hearing on the matter.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority. \4\
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    \4\ 17 CFR 200.30-3(a)(1).
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Jonathan G. Katz,
Secretary.
[FR Doc. 03-953 Filed 1-15-03; 8:45 am]
BILLING CODE 8010-01-P