FORM 4

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.

Dreyfoos Jr., Alexander W.

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)

The Dreyfoos Group/Photo
Electronics
505 S. Flagler Drive, Suite 1450

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

January 2, 2003

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

(Street)

West Palm Beach, FL 33401

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

Common Stock

1/02/03

- -

A  ⁽¹⁾

700

A

- -

7,600

D

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

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)

Code

V

A

D

Date
Exercisable

Expiration
Date

Title

Amount or
Number of
Shares

Explanation of Responses:

⁽¹⁾    Restricted stock grant made pursuant to the FPL Group, Inc. Non-Employee Directors Stock Plan.

DENNIS P. COYLE

January 3, 2003

Signature of Reporting Person

Date