FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person *   DeCampli David G 2. Date of Event Requiring Statement (Month/Day/Year) 04/01/2007 3. Issuer Name and Ticker or Trading Symbol PPL CORP [PPL] (Last) (First) (Middle) TWO NORTH NINTH STREET 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) President of a PPL Subsidiary 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) ALLENTOWN, PA 18101 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Common Stock 52.656 (1) D Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Options (Right to Buy)	  (2)	01/24/2017	Common Stock	25,110	$ 35.12	D	Â
Stock Unit (ICPKE)	  (3)	  (3)	Common Stock	6,060	$ (3)	D	Â
Stock Unit (ICPKE)	  (4)	  (4)	Common Stock	4,370	$ (4)	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
DeCampli David G TWO NORTH NINTH STREET ALLENTOWN, PA 18101	Â	Â	  President of a PPL Subsidiary	Â

Signatures

/s/Michael A. McGrail, as Attorney-In-Fact for David G. DeCampli		04/09/2007
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Total includes reinvestment of dividends.
(2)	The total grant of 25,110 options vests in three equal installments of 8,370 options on 01/25/2008, 01/25/2009 and 01/25/2010.
(3)	No exercise or expiration date or conversion or exercise price applies. Under the terms of the Incentive Compensation Plan for Key Employees (ICPKE), payout of the underlying securities will occur on 12/04/2009, after the three-year vesting period has elapsed.
(4)	No exercise or expiration date or conversion or exercise price applies. Under the terms of the Incentive Compensation Plan for Key Employees (ICPKE), payout of the underlying securities will occur on 03/01/2010, after the three-year vesting period has elapsed.

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