Sept. 21, 2017 -- Georgia Power today announced that it issued a notice of redemption for the following series of preferred and preference stock: 6⅛% Series Class A Preferred Stock, Non-Cumulative, Par Value $25 Per Share CUSIP No. 373334473 (NYSE: GPE PR A) 6.50% Series 2007A Preference Stock, Non-Cumulative, Par Value $100 Per Share CUSIP No. 373334119 The redemption date for each of the above series of preferred and preference stock will be October 24, 2017. The redemption price per share for each series of preferred and preference stock to be redeemed shall be as follows: 6⅛% Series Class A Preferred Stock: $25 per share plus accrued and unpaid dividends of $0.09783 per share 6.50% Series 2007A Preference Stock: $100 per share plus accrued and unpaid dividends of $0.415278 per share Regular dividends on the preferred and preference stock being redeemed are payable Oct. 1, 2017 to each holder of record on Sept. 15, 2017. No dividends on the preferred and preference stock being redeemed will accrue on or after the redemption date, nor will any interest accrue on amounts held to pay the redemption price. ____________ From the Georgia Power Form 8-K filed with the SEC on 7/3/2006 -- Effective July 1, 2006, pursuant to the Merger Agreement, Savannah Electric was merged with and into Georgia Power, with Georgia Power as the surviving corporation in the Merger. Savannah Electric operated as a vertically integrated utility providing electricity to retail customers within a five-county area in southeastern Georgia and to wholesale customers in the Southeast. Prior to the Merger, Southern Company was the sole shareholder of Georgia Power and was the sole common shareholder of Savannah Electric. At the effective time of the Merger, each outstanding share of Savannah Electric common stock was cancelled and Southern Company was issued an additional 1,500,000 shares of Georgia Power common stock, no par value per share. In addition, at the effective time of the Merger, each outstanding share of Savannah Electric 6.00% Series Preferred Stock, Non-Cumulative, Par Value $25 Per Share, was cancelled and was converted into the right to receive one share of Georgia Power 6 1/8% Series Class A Preferred Stock, Non-Cumulative, Par Value $25 Per Share. Following completion of the Merger, the outstanding capital stock of Georgia Power consists of 9,261,500 shares of Georgia Power common stock, all of which are held by Southern Company, and 1,800,000 shares of Georgia Power 6 1/8% Series Class A Preferred Stock. In connection with the Merger, pursuant to an Eighth Supplemental Indenture, dated as of July 1, 2006, between Georgia Power and The Bank of New York, as Trustee, Geo0rgia Power expressly assumed all of Savannah Electric’s obligations under the Senior Note Indenture, dated as of December 1, 1998, between Savannah Electric and The Bank of New York, as Trustee, and all indentures supplemental thereto. Savannah Electric had five series of senior notes outstanding under the Senior Note Indenture. __________ Savannah Electric and Power Company was merged with and into Georgia Power Company effective July 1, 2006, with Georgia Power Company as the surviving corporation in the merger. Under the merger agreement, Southern Company will continue to own all of the outstanding common stock of Georgia Power, which will be the surviving corporation in the merger. Preferred shareholders of Savannah Electric will receive shares of Georgia Power preferred stock in exchange for their Savannah Electric preferred stock, and Georgia Power will assume Savannah Electric’s obligations under its outstanding debt securities.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Georgia Power Co., 6 1/8% Series Class A Preferred Stock, Non-Cumulative, liquidation preference $25 per share, redeemable at the issuer's option on or after 7/01/2009 at $25 per share plus declared and unpaid dividends, with no stated maturity, and with noncumulative distributions of 6 1/8% ($1.53125) per annum paid quarterly on 1/1, 4/1, 7/1 & 10/1 to holders of record on a date not more than 30 days prior to the payment date as may be determined by the board of directors. Dividends paid by this preferred security are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) and are also eligible for the dividends received deduction for corporate holders. In regards to payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds and senior to the preference shares and common shares of the company. See page 13 of exhibit 3.1 filed with the Form 8-K which was filed with the SEC on 7/3/2006 for further information on the series A preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below. This Georgia Power Co., 6 1/8% Series Class A Preferred Stock, Non-Cumulative was exchanged for the Savannah Electric & Power Co., 6.00% Series Non-cumulative Preferred Stock on 7/3/2006.

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Distribution Dates	15% Tax Rate
NYSE Chart	6.13% $1.53125	$25.00 $25.00	Called for 10/24/2017 None	Baa2 BBB 1/22/2016	1/1, 4/1, 7/1 & 10/1 Click for MW ExDiv Date Click for Yahoo ExDiv Date	YES

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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 - Thomas A. Fanning

CFO - Richard S. Teel