FPL Group, Inc. & Subsidiaries - Page 21

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          10,190,700 pounds of uranium concentrates into UF6 from 1978                
          through 1990.  On February 10, 1978, this agreement was assigned            
          to FPL.  The contract was never terminated.                                 
               On October 23, 1984, FPL entered into a contract with the              
          Department of Energy (DOE) under which the DOE agreed to provide            
          FPL with a minimum of 70 percent of FPL’s enrichment services.8             
          The term of the contract was the lesser of the life of the                  
          nuclear power facility or 30 years.  FPL could terminate the                
          contract at no cost with 10 years’ advance notice.  On April 29,            
          1985, FPL and the DOE entered into an amendment to the contract             
          to provide additional supply.  On February 11, 1985, FPL entered            
          into a contract for sale with AGIP URANIO S.p.A. for certain                
          uranium enrichment services.  The contract was terminated as of             
          September 30, 1987.                                                         
               On November 5, 1979, FPL entered into a contract with                  
          Westinghouse for the purchase of services to design and fabricate           
          fuel assemblies for Turkey Point Units 3 and 4.  FPL could                  
          terminate the contract “only if Turkey Point 3, or Turkey Point 4           
          is permanently shut down for any reason whatsoever.”                        
               On January 30, 1982, FPL entered into a contract with Exxon            
          Nuclear Co. for the supply and delivery of fuel assemblies.                 
          According to the contract, “FPL may terminate Reload Regions                


               8 The contract provided that FPL had no obligation to                  
          purchase enrichment services from the DOE in the fiscal years               
          1984, 1987, and 1988.                                                       




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