Alabama Power dividends declared

Business Wire, Oct 25, 1996

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Oct. 25, 1996--At a meeting held on Oct. 25, 1996, the board of directors of Alabama Power Co. declared the regular quarterly dividends on the company's preferred stock as follows: -0-

                          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
                     5.96% - $1.49 per share
                     6.88% - $1.72 per share

                     Class A Preferred Stock
                       ($25 Capital Value)
                     6.80% - $.425 per share
                     6.40% - $.400 per share
       First Series  7.60% - $.475 per share
      Second Series  7.60% - $.475 per share
    Adjustable Rate
       1993  Series        - $.3525 per share