Alabama Power Company plans to redeem all of the Company's outstanding $200,000,000 Series J 6.75% Senior Notes due June 30, 2039 (Cusip No.: 010392587) on May 26, 2004 at a redemption price equal to 100% of the principal amount ($25) plus any accrued and unpaid interest to the date of redemption.

J.P. Morgan Chase Bank as trustee will notify holders of the Series J Senior Notes to be redeemed at least 30 days prior to the redemption date.

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