FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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.

1. Name and Address of Reporting Person Codina, Armando M.

2. Issuer Name and Ticker or Trading Symbol FPL Group, Inc. (FPL)

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

X

Director

10% Owner

Officer (give title below)

Other (specify below)

(Last)        (First)       (Middle) Codina Group, Inc. 355 Alhambra Circle, Suite 900

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

4. Statement for     Month/Day/Year December 31, 2002

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

(Street) Coral Gables, FL 33134

5. If Amendment,     Date of Original     (Month/Day/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. Trans-    action     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     Following     Reported     Transaction(s)

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

7.Nature of     Indirect     Beneficial     Ownership

Code

V

Amount

A or D

Price

FORM 4 (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     Following     Reported     Trans-     action(s)

10. Ownership       Form of       Derivative       Security:       Direct (D)       or       Indirect (I)

11. Nature of       Indirect       Beneficial       Ownership

Code

V

A

D

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Phantom Shares

_ _

_ _

_ _

_ _

_ _

_ _

_ _

_ _

_ _

_ _

_ _

_ _

2,486.739  (1)

D

Phantom Stock Units

(2)

12/31/02

_ _

A

21.7068

(2)

(2)

Common Stock

(2)

(3)

9,859.3322  (4)

D

Explanation of Responses:

⁽¹⁾    Phantom Shares credited to an account for the reporting person pursuant to the FPL Group, Inc. Supplemental Pension Plan for Non-Employee Directors established in connection with termination of the FPL Group, Inc. Non-Employee Director Retirement Plan. Amount shown does not include previously reported cash dividends that would be payable on the Phantom Shares if the reporting person was the record holder of the number of shares of FPL Group, Inc. Common Stock equal to the Phantom Shares credited to the reporting person or previously reported interest on such dividends because such dividends and interest are not accounted for in Phantom Shares.

⁽²⁾    Phantom Stock Units APPROXIMATE the number of phantom shares of FPL Group Common Stock attributable to phantom units credited to the reporting person's account under the FPL Group, Inc. Deferred Compensation Plan. Compensation deferred under the Plan is deemed to be invested in a number of unfunded theoretical units equal to the number of "units" which would have been credited if the deferred compensation had been invested in FPL Group's company stock fund in its Thrift Plan (the "Stock Fund"). The Stock Fund is accounted for in "units" of a unitized pool of stock and cash, with the value of each "unit" determined by reference to the closing price of FPL Group Common Stock on the New York Stock Exchange on any given date. PHANTOM STOCK UNITS REPORTED ABOVE ARE ESTIMATED based on the number of shares of FPL Group Common Stock in the Stock Fund represented by each "unit" of the Stock Fund on a given date, multipli ed by the number of theoretical units credited to the reporting person upon a deferral or held at the end of the period. Accounts are payable only in cash at the end of the deferral period. This filing is not an admission that Phantom Stock Units or the theoretical units of the Stock Fund are derivative securities.

⁽³⁾     Of the 21.7068 Phantom Stock Units acquired, 21.0736, 0.1988, 0.2305, and 0.2039 Phantom Stock Units were acquired at a price of $61.10, $60.35, $52.55, and $59.80 per Phantom Stock Unit, respectively.

⁽⁴⁾    Includes ESTIMATED Phantom Stock Units attributable to prior deferrals of director compensation into units which constituted "cash only" securities under Rule 16a-1(c)(3). Differences in holdings on any given date may result from varying percentages of cash and stock held in the Stock Fund on different dates.

DENNIS P. COYLE		January 2, 2003
Signature of Reporting Person	Date