EX-10.46 Base Salaries for Named Executive Officers

Executive Compensation Plan Agreement

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KENTUCKY UTILITIES CO

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Title: EX-10.46 Base Salaries for Named Executive Officers
Date: 3/30/2005

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Exhibit 10

Exhibit 10.46

Base Salaries for Named Executive Officers

In December 2004, the Compensation Group of LG&E Energy LLC approved base salary increases for executive officers for 2005. The 2005 salaries for LG&E’s and KU’s named executive officers are as follows:

Officer Name

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