The following was issued today by Alabama Power Company:

  Company description
  *  Birmingham based investor-owned electric utility; a subsidiary of
     Southern Company.

  Performance
  *  Earnings up for the third quarter and 12-month period ended
     September 2000.

  Net Income
  *  Third Quarter Net Income
     -- $ 208,726,000 for the third quarter of 2000
     -- $ 200,821,000 for the third quarter of 1999

  *  12 Months Ended Net Income
     -- $ 422,360,000 for the 12-month period ended September 2000
     -- $ 399,407,000 for the 12-month period ended September 1999

  Total Territorial Energy Sales
  *  Third Quarter Energy Sales
     -- 16.4 billion kilowatt-hours for the third quarter of 2000
     -- 16.2 billion kilowatt-hours for the third quarter of 1999

  *  12 Months Ended Energy Sales
     -- 55.2 billion kilowatt-hours for the 12-month period ended
        September 2000
     -- 53.8 billion kilowatt-hours for the 12-month period ended
        September 1999

  Comments

"The increase in net income for the third quarter ended September 2000 was primarily due to a decrease in non-fuel operation expenses. Net income increased in the twelve month period ended September 2000 primarily due to an increase in territorial energy sales."

-- William B. Hutchins, III, executive vice president, chief financial

officer and treasurer.

SOURCE: Alabama Power Company