Alabama Power Dividends Declared

Fri Jan 11, 2013 12:25pm EST

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BIRMINGHAM, Ala.,  Jan. 11, 2013  /PRNewswire/ -- 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

Preference Stock
($25  Capital Value)
5.625% -  $.3515625  per share
6.45% -  $.403125  per share
6.50% -  $.406250  per share

These dividends are for the quarter ending  March 31, 2013, payable  April 1,
2013, to shareholders of record on  March 15, 2013.

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.

SOURCE  Alabama Power Company


Michael Sznajderman, +1-205-257-4155, msznajde@southernco.com
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