Alabama Power dividends declared

PRNewswire

NYSE: SO

BIRMINGHAM, Ala. - July 12, 2007 – The board of directors of Alabama Power Company has declared the regular quarterly dividends on the company’s outstanding preferred stock and preference 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

Preference Stock

($25 Capital Value)

5.625% - $.3515625 per share

These dividends are for the quarter ending September 30, 2007, payable October 1, 2007, to shareholders of record on September 14, 2007.

Alabama Power, a subsidiary of Atlanta-based Southern Company (NYSE: SO), provides reliable, affordable electricity to more than 1.4 million customers across the state.

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Media Contact: Keisa Sharpe, Alabama Power Corporate Communications, 205.257.4155, ksharpe@southernco.com