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Press release from PR Newswire

Alabama Power Dividends Declared

Thursday, July 12, 2012

Alabama Power Dividends Declared11:24 EDT Thursday, July 12, 2012BIRMINGHAM, Ala., July 12, 2012 /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 share4.52% - $1.13 per share4.60% - $1.15 per share4.64% - $1.16 per share4.72% - $1.18 per share4.92% - $1.23 per shareClass A Preferred Stock($25 Capital Value)5.20% - $.325 per share5.30% - $.33125 per share5.83% - $.3644 per sharePreference Stock($25 Capital Value)5.625% - $.3515625 per share6.45% - $.403125 per share6.50% - $.406250 per shareThese dividends are for the quarter ending September 30, 2012, payable October 1, 2012, to shareholders of record on September 14, 2012.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 CompanyFor further information: Michael Sznajderman, +1-205-257-4155, msznajde@southernco.com