SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM U-6B-2
Certificate of Notification
Filed by
ALABAMA POWER COMPANY
(the "Company")
This certificate is notice that the above named company has issued,
renewed or guaranteed the security or securities described herein which issue,
renewal or guaranty was exempted from the provisions of Section 6(a) of the Act
and was neither the subject of a declaration or application on Form U-1 nor
included within the exemption provided by Rule U-48.
Item 1. Type of security or securities.
Series W Floating Rate Extendible Senior Notes (the "Notes")
Item 2. Issue, renewal or guaranty.
Issue
Item 3. Principal amount of each security.
$195,000,000
Item 4. Rate of interest per annum of each security.
The per annum interest rate on the Notes will be reset
quarterly based on three-month LIBOR plus the applicable
spread. The applicable spread is 0.20% from the date of issue
to April 23, 2005; 0.05% from April 23, 2005 to April 23, 2006
on the principal amount of Notes which maturity has not been
extended; and 0.25% from April 23, 2005 to April 26, 2007 on
the principal amount of Notes which maturity has been
extended.
Item 5. Date of issue, renewal or guaranty of each security.
April 23, 2003
Item 6. If renewal of security, give date of original issue.
Not Applicable
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Item 7. Date of maturity of each security.
April 23, 2006, unless extended in accordance with procedures
described in the prospectus supplement related to the Notes
and in no event beyond April 23, 2007.
Item 8. Name of person to whom each security was issued, renewed or
guaranteed.
The Company issued and sold the Notes to Lehman Brothers
Inc., BNY Capital Markets, Inc. and The Williams Capital
Group, L.P., as the Underwriters, pursuant to an
Underwriting Agreement dated April 15, 2003.
Item 9. Collateral given with each security, if any.
None
Item 10. Consideration received for each security.
$194,122,500 (99.550% of the principal amount)
Item 11. Application of proceeds of each security.
The proceeds from the sale of the Notes will be used by the
Company for general corporate purposes, including the
Company's continuous construction program.
Item 12. Indicate by a check after the applicable statement below
whether the issue, renewal or guaranty of each security was
exempt from the provisions of Section 6(a) because of:
a. the provisions contained in the first sentence of
Section 6(b)___
b. the provisions contained in the fourth sentence of
Section 6(b)___
c. the provisions contained in any rule of the Commission
other than Rule U-48_X_
Item 13. Not Applicable.
Item 14. Not Applicable.
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Item 15. If the security or securities are exempt from the
provisions of Section 6(a) because of any rule of the
Commission other than Rule U-48, designate the rule under
which exemption is claimed.
Rule 52
Date: April 29, 2003 ALABAMA POWER COMPANY
By: /s/Wayne Boston
Wayne Boston
Assistant Secretary