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    Alabama Power Co., 7 1/8% Senior Notes Series A due 12/1/2047
    Ticker Symbol: ALZ*     CUSIP: 010392645     Exchange: NYSE
    Security Type:   Exchange-Traded Debt Security
    * NOTE: This security is no longer trading as of 1/13/2003

    Security has been Called for:  Monday, January 13, 2003

    Dec. 12, 2002 -- Alabama Power Company today closed the sale of $200,000,000 principal amount of its Series S 5-7/8% Senior Notes due December 1, 2022. The proceeds from the sale of the notes will be used for the full redemption of the company's Series A 7-1/8% Senior Notes due December 1, 2047. The Series A Senior Notes will be redeemed on or about January 13, 2003, at 100% of the principal amount plus any accrued and unpaid interest to the redemption date.

    QUANTUMONLINE.COM SECURITY DESCRIPTION:  Alabama Power Co., Series A, 7 1/8% Senior Notes due 12/1/2047, issued in $25 denominations, redeemable 12/1/2002, distributions paid 3/31, 6/30, 9/30 & 12/31. Alabama Power Co. is a wholly owned subsidiary of the Southern Co. (NYSE: SO).
    Stock
    Exchange
    Cpn Rate
    Ann Amt
    LiqPref
    CallPrice
    Call Date
    Matur Date
    Moodys/S&P
    Dated
    Distribution Dates 15%
    Tax Rate
    NYSE
    Chart
    7.13%
    $1.78125
    $25.00
    $25.00
    Called for
    1/13/2003

    12/01/2047
    -  - 
    3/31, 6/30, 9/30 & 12/31
    Click for MW ExDiv Date
    Click for Yahoo ExDiv Date
    No

    Go to Parent Company's Record (SO)

    IPO - 12/8/1997 - 7.75 Million Shares @ $25.00/share.    Link to IPO Prospectus
    Market Value $197.0 Million

    Company's Online Information Links
    HOME PAGE:     http://www.southernco.com/
    Company's Investor Relations Information Go to Investor Relations Information
    Company's Online News Releases Go to News Releases
    Online Company Profile Go to Online Profile

    Company's Online SEC EDGAR Filings
    Company's SEC EDGAR Filings Go to SEC Filings

    Company's Email Address Links
    Email Address investors@southerncompany.com

    Address and Phone Numbers
    Address:   30 Ivan Allen Jr. Boulevard, N.W., Atlanta, GA 30308
    Main Phone Number 404-506-5000
    Fax Number 404-506-0455
    Investor Relations   Glen Kundert 404-506-5135
    Toll Free Phone Number 866-762-6411
    CEO - David M. Ratcliffe CFO - Thomas A. Fanning

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