NEW YORK (Standard&Poor's CreditWire) Feb. 23, 2000--Standard&Poor's today assigned its single-'A'-plus long-term corporate credit rating to FPL Group Capital Inc., based on the strength of the parental guarantee from FPL Group Inc. (A+/Negative/--). The guarantee includes the commodity obligations associated with energy marketing and trading, as well as related debt issues, including commercial paper. In addition, parent FPL Group will continue its practice of providing an unconditional and irrevocable guarantee on each individual FPL Group Capital debt offering prior to issuance. The corporate credit rating of FPL Group Capital mainly reflects the credit quality of the parent company, FPL Group, and its principal operating subsidiary, Florida Power&Light Co. (AA-/Negative/A-1+). As a stand-alone entity, FPL
