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Press release from PR Newswire

Alabama Power Dividends Declared

Wednesday, July 10, 2013

Alabama Power Dividends Declared

12:22 EDT Wednesday, July 10, 2013

BIRMINGHAM, Ala., July 10, 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 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 share

Class A Preferred Stock($25 Capital Value)5.20% - $.325 per share5.30% - $.33125 per share5.83% - $.3644 per share

Preference Stock($25 Capital Value)5.625% - $.3515625 per share6.45% - $.403125 per share6.50% - $.406250 per share

These dividends are for the quarter ending September 30, 2013, payable October 1, 2013, to shareholders of record on September 16, 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

For further information: Media Inquiry Line: 205-257-4155; Michael Sznajderman,

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