FORM 5

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934

W

Check this box if no longer
subject to Section 16. Form 4 or
Form 5 obligations may continue.
See Instruction 1(b).

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Form 3 Holdings Reported

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Form 4 Transactions Reported

Robo, James L.

FPL Group, Inc. (FPL)

6. Relationship of Reporting Person(s) to Issuer
                  (Check all applicable)

Director

10% Owner

Officer (give title below)

X

Other (specify below)

(Last)        (First)       (Middle)

FPL Group, Inc.
700 Universe Boulevard

3. I.R.S. Identification Number of
    Reporting Person, if an entity
    (Voluntary)

December 31, 2002

(1)

7. Individual or Joint/Group Reporting (Check Applicable Line)

(Street)

Juno Beach, FL 33408

5. If Amendment, Date of
    Original (Month/Year)

X

Form filed by One Reporting Person

(City)          (State)      (Zip)

Form filed by More than One Reporting Person

Table I ¾ Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security

2. Transaction
    Date


(Month/
Day/
Year)

2A.
Deemed
Execution
Date, if any

(Month/
Day/
Year)

3. Transaction Code

4. Securities Acquired (A)
    or Disposed of (D)

5. Amount of
    Securities
    Beneficially
    Owned at
    End of
    Issuer's
    Fiscal Year

6. Ownership
    Form:
    Direct
    (D) or
    Indirect
    (I)

7. Nature of
    Indirect
    Beneficial
    Ownership

Amount

A or D

Price

Common Stock

- -

- -

- -

- -

- -

- -

109.8171

I

By Thrift Plan Trust

Common Stock

3/22/02

- -

A ⁽²⁾

10,000

A

- -

10,000

D

FORM 5 (continued)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
 (e.g., puts, calls, warrants, options, convertible securities)

1. Title of
    Derivative
    Security

2. Conversion
    or Exercise
    Price of
    Derivative
    Security

3. Trans-
    action
    Date



(Month/
Day/
Year)

3A.
Deemed
Execu-
tion Date,
if any

(Month/
Day/
Year

4. Trans- action Code

5. Number of
    Derivative
    Securities
    Acquired (A)
    or Disposed
    of (D)

6. Date Exercisable
    and Expiration Date
    (Month/Day/Year)

7. Title and Amount
    of Underlying
    Securities

8. Price of
    Derivative
    Security

9. Number of
    Derivative
    Securities
    Beneficially
    Owned at
    End of
    Year

11. Nature of
      Indirect
      Beneficial
      Ownership

A

D

Date
Exercisable

Expiration
Date

Title

Amount or
Number of
Shares

Employee Stock Option (Right to Buy)

$59.20

3/22/02

_ _

A

75,000

(3)

3/22/12

Common Stock

75,000

75,000

D

Explanation of Responses:

⁽¹⁾    President of FPL Energy, LLC (subsidiary of Issuer).

⁽²⁾    Restricted stock grant made pursuant to the Amended and Restated Long Term Incentive Plan of the Issuer, exempt under Rule 16b-3.

⁽³⁾    The Option shall vest as to 25,000 shares (on a cumulative basis) on each anniversary of the date of grant beginning on the first anniversary of the date of grant.

DENNIS P. COYLE

January 27, 2003

Signature of Reporting Person

Date