At a meeting held on January 28, 2005, the board of directors of Alabama Power Company declared the regular quarterly dividends on the company's outstanding preferred stock as follows:

                           Preferred Stock
                          ($100 Par Value)
                       4.20% - $1.05 per share
                       4.52% - $1.13 per share
                       4.60% - $1.15 per share
                       4.64% - $1.16 per share
                       4.72% - $1.18 per share
                       4.92% - $1.23 per share

                       Class A Preferred Stock
                        ($25 Capital Value)
                       5.20% - $.325 per share
                       5.30% - $.33125 per share
                       5.83% - $.3644 per share

                       Class A Preferred Stock
                        ($100,000 Capital Value)
                       4.95% - $1,237.50 per share

These dividends are for the quarter ending March 31, 2005, payable April 1, 2005, to stockholders of record on March 17, 2005.

Alabama Power, a subsidiary of Atlanta-based Southern Company , provides reliable, affordable electricity to more than 1.3 million customers across the state.

SOURCE: Alabama Power Company