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Frequently Asked Questions

Contact Great Plains Energy's Investor Relations:

Contact us by phone, toll-free at 800 245-5275 or by e-mail at ir@kcpl.com. Our corporate address is:

    Great Plains Energy Inc.
    Investor Relations Department
    P.O. Box 418679
    Kansas City, MO 64141-9679

Great Plains Energy common stock trades on the New York Stock Exchange (NYSE) under the name Great Plains Energy and the ticker symbol "GXP". You can find our stock listing and daily price in most major newspapers.  View information about the company, including the stock price, at www.greatplainsenergy.com.



Why did KCP&L become great Plains Energy?

In October 2001, Kansas City Power & Light Company restructured itself and formed a holding company. KCP&L became a subsidiary of the holding company. Under the new corporate realignment structure, the company is positioned for increased financial flexibility. Through the holding company, we can raise capital to take advantage of timely opportunities in the marketplace, and implement our business plan for high-growth, energy-related ventures. The establishment of Great Plains Energy was transparent to our KCP&L customers. The affordable and reliable service that our customers were accustomed to continues. Monthly bills, company trucks and advertising will remain with the well-known brand name and subsidiary Kansas City Power & Light.

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How is Great Plains Energy organized?

Great Plains Energy is the holding company for two wholly owned subsidiaries: Kansas City Power & Light Company, the original delivery company with regulated generation and Strategic Energy L.L.C., an energy management business that buys and sells wholesale power under long-term contracts for a management fee in states where deregulation has occurred.

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What is Great Plains Energy's fiscal year?

Great Plains Energy's fiscal year follows the calendar year:

    First quarter ending March 31
    Second quarter ending June 30
    Third quarter ending September 30
    Fourth quarter ending December 31

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What are the risks involved with investing in Great Plains Energy?

A complete discussion of "Risk Factors" can be found on this Web page from the link "Disclaimer" in the left menu. Potential investors should read these statements carefully before making a decision to invest. SEC filings can be accessed from this Web site, on the SEC Filings page of this Investor section.

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Who is the company's transfer agent?

ComputerShare is the transfer and dividend disbursing agent for Great Plains Energy common and preferred stock. You can contact ComputerShare Trust Company at 800-884-4225 or e-mail your question or comment to web.queries@computershare.com. ComputerShare's mailing address is:

    ComputerShare Trust Company
    P.O. Box 43078
    Providence, RI 02940-3078

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I want to transfer some shares of stock into someone else's name. What do I need to do?

Contact ComputerShare by telephone at 800-884-4225 or Great Plains Energy Investor Relations toll-free at 800-245-5275. Written correspondence should be sent to ComputerShare Trust Company, P.O. Box 43078, Providence, RI 02940-3078. There are a variety of ways in which your securities can be registered such as individual, joint tenants, Uniform Transfer/Gift to Minor, Transfer on Death (TOD), Trust, Corporation or Partnership. ComputerShare or Great Plains Energy will be happy to discuss with you various options regarding securities registration and will mail instructions and any necessary forms according to your specific registration requirements.

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I need to change my mailing address. Who do I contact?

You can contact ComputerShare by telephone at 800-884-4225 or send written notice to ComputerShare Trust Company, P.O. Box 43078, Providence, RI 02940-3078. ComputerShare's records will be updated to reflect your current address.

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I've lost a stock certificate. How can I get a replacement?

Contact ComputerShare by telephone at 800-884-4225 or Great Plains Energy Investor Relations toll-free at 800-245-5275. Written correspondence should be sent to ComputerShare Trust Company, P.O. Box 43078, Providence, RI 02940-3078. Certificates that are reported lost or stolen to the company or transfer agent within one year of issuance will be replaced at no cost to the shareholder. Thereafter, a surety bond is required and replacement cost to a shareholder is two percent of the current market value of the shares.

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How can I get rid of duplicate mailings to my address?

Contact ComputerShare by telephone at 800-884-4225 or Great Plains Energy Investor Relations Department toll-free at 800-245-5275 or send a written request to ComputerShare Trust Company, P.O. Box 43078, Providence, RI 02940-3078. Upon your instruction, any duplicate mailings to your mailing address for multiple account(s) will be eliminated.

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Does Great Plains Energy pay dividends? If so, when are dividends paid?

Yes. Anticipated common stock dividends are paid on or about the 20th of March, June, September and December. Our current common stock dividend is $0.415 per quarter or $1.66/share on an annual basis.

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What are the 2007 anticipated common stock dividend dates?

Payable Date

Record Date

Ex-dividend Date

3/20/07

2/27/07

2/23/07

6/20/07

5/30/07

5/25/07

9/20/07

8/29/07

8/27/07

12/20/07

11/29/07

11/27/07

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What does the term "record date" mean?

Record date refers to the date on which one must be registered as a shareholder on the stock book of a company in order to receive a declared dividend distribution, or to vote on company affairs.

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What does the term "Ex-dividend" mean?

The term ex-dividend means "without the dividend". Therefore, the buyer of shares of stock on the ex-dividend date is not entitled to receive a dividend already declared, but not yet paid.

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Can I have my dividend automatically deposited directly to my bank account?

Yes. Contact Great Plains Energy Investor Relations Department toll-free at 800-245-5275 or ComputerShare Trust Company, the company's transfer agent at 800-884-4225. A Direct Deposit Authorization Form will be mailed to you to complete with your instructions, financial institution information and signature(s) of all account holder(s). We cannot accept Direct Deposit verbal instructions over the telephone.

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Does the company have a Dividend Reinvestment Plan and how can I enroll?

Yes. You can elect to reinvest some or all of your common stock dividends, or not reinvest your dividend at all. Enrollment in the Plan under any option entitles a participant to make monthly optional cash investments to purchase additional shares of common stock.

An enrollment form can be viewed and printed by visiting our website at www.greatplainsenergy.com. You can also contact ComputerShare by telephone at 800-884-4225 or call Great Plains Energy Investor Relations Department toll-free at 800-245-5275.

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Can the company sell my shares of common stock?

Yes. The company can buy or sell shares of common stock only through the Dividend Reinvestment and Direct Stock Purchase Plan. If you are a Plan participant, the company can sell some or all of the whole shares of common stock credited to your Plan account. Details can be found in the Plan Prospectus at www.greatplainsenergy.com. If you are not a Plan participant, or if your shares are held beneficially on your behalf, you must contact a broker who can handle the transaction for you.

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Can the company hold my stock certificates?

Yes. To avoid possible loss or theft, you can forward your stock certificates (unsigned) to the transfer agent, ComputerShare Trust Company, P.O. Box 43078, Providence, RI 02940-3078 and request your shares be deposited in book-entry form for safekeeping in your Dividend Reinvestment Plan and Direct Stock Purchase account. You must be enrolled, or request and complete an enrollment form, in the Dividend Reinvestment and Direct Stock Purchase Plan to deposit your shares. It is not necessary to reinvest your dividends to be enrolled in the Plan and take advantage of the Safekeeping election. You can also contact Great Plains Energy Investor Relations Department toll-free at 800-245-5275 for more details and a Safekeeping Deposit Form.

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Can I buy shares of common stock directly from the company?

Yes. An initial investment of $500 (minimum) up to $60,000 (annual maximum) will allow you to purchase common stock directly from the company as a participant of Great Plains Energy's Dividend Reinvestment and Direct Stock Purchase Plan. A one-time only $5.00 enrollment fee will be deducted from your initial investment. Thereafter, as a participant of the Plan, you are eligible (but not obliged) to make monthly optional cash investments in any amount as long as the investment meets the minimum requirement of $100 and the maximum of up to $60,000 annually. Common stock shares are purchased on a monthly basis through the open market. Fees associated with the Plan include 5¢ per share to purchase and 10¢ per share if you request a sale of your Plan shares. ComputerShare also charges $10.00 for any sale request. To make an informed investment decision, we encourage you to read the complete details in the Plan prospectus on-line at www.greatplainsenergy.com or request a copy of the Plan from ComputerShare by telephone at 800-884-4225 or Great Plains Investor Relations Department toll-free at 800-245-5275.

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Can I have funds automatically transferred to purchase additional shares of common stock?

Yes. You can authorize ComputerShare, on behalf of Great Plains Energy, to make monthly automatic transfer of funds according to your instructions to purchase shares of common stock for deposit into your Plan account. Automatic debit transactions must meet the monthly minimum requirement of $100. Transfer of authorized funds is made three business days prior to the monthly investment date. Authorization to have funds automatically debited from your account can be found on the section of the Dividend Reinvestment & Direct Stock Purchase Enrollment Form "Direct Deposit and/or Automatic Monthly Deduction, which can be viewed and printed at www.greatplainsenergy.com. You can also contact ComputerShare by telephone at 800-884-4225 or call Great Plains Energy Investor Relations Department toll-free at 800-245-5275

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I have a Kansas City Power & Light Company stock certificate. Is that related to Great Plains Energy?

Yes. On October 1, 2001, the company restructured and formed Great Plains Energy, a holding company. Kansas City Power & Light is now a wholly owned subsidiary of Great Plains Energy. There was no exchange of shareholder stock certificates. Any original stock certificate bearing the name of Kansas City Power & Light Company is valid and deemed to represent the same number of shares in Great Plains Energy. Shares of stock purchased after October 2001 will bear the new name of Great Plains Energy.

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How can I find information on preferred stock and debt issues of Great Plains Energy and Kansas City Power & Light?

You can find information on our Web site under the Stock Issues and Debt Issues menu options.

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Has the company's common stock ever split?

Yes. The company's common stock has split three times:

    1/28/63      Two for one
    11/16/83    Three for two
    5/29/92      Two for one

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Does Great Plains Energy have a stock buyback program?

No. Great Plains Energy does not have a stock buy back program at this time.

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How can I get a copy of the company's annual report or other public documents?

You can view our most recent Annual Report, 10K, 10Q or news releases at www.greatplainsenergy.com. You can also contact Great Plains Energy Investor Relations toll-free at 800-245-5275 to request document copies.

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How can I get financial and SEC information?

Financial and SEC documents are on-line for viewing on the Investor page at the company's website www.greatplainsenergy.com. To view the most recent Annual Report, click here (insert link directly to Annual Report), for company new releases, click here (insert link for news) or SEC Filings, click here (insert link to SEC). To automatically receive new company information as it is posted to our website, click here (insert link to E-mail Alert) to subscribe to Great Plains Energy E-mail alert service.

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How can I get on a mailing list?

To reduce costs to the company, we no longer maintain mailing lists for public document distribution. Company press releases, SEC filings and presentations can be viewed on the Investor page at www.greatplainsenergy.com, or through the E-mail Alert referred to in the question above.

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