Transfer Agent
SCS Stockholder Services is Southern Company's transfer agent, dividend paying agent, investment plan administrator and registrar. If you have questions concerning your Southern Company stockholder account, please contact:

SCS Stockholder Services
P.O. Box 54250
Atlanta, GA 30308-0250
(800) 554-7626
http://investor.southerncompany.com/

Southern Investment Plan
Southern Investment Plan (SIP) provides current Southern Company shareholders with a convenient and economical way to increase their holdings. SIP also enables investors who are not currently shareholders to purchase common stock directly through the plan.

Available to Shareholders

• Southern Investment Plan information
• Southern Company Environmental Review
• Audiocassette recordings of Southern Company's annual report

Stockholder Information Line
Shareholders can obtain information about their accounts, the Southern Investment Plan and transfer instructions by calling the Southern Company Stockholder Information Line at (800) 554-7626. Stockholder Services representatives are available Monday through Friday, 9 a.m. to 5 p.m.

Dividend Payments
The entire amount of dividends paid during 1999 is taxable as ordinary income.

The board of directors sets the record and payment dates for quarterly dividends. A dividend of 33.5 cents per share was paid in March 2000.

For the remainder of 2000, projected record dates are May 1, Aug. 7, and Nov. 6. Projected payment dates for dividends declared during the remainder of 2000 are: June 6, Sept. 6 and Dec 6.

Shareholder Reports for Holders in Street Name
Owners whose shares are held in street name may have shareholder reports mailed directly to them. Send written requests to Stockholder Services.

Environmental Information
Information about what Southern Company is doing to improve the environment is available at our environmental Internet site: www.southerncompany.com/planetpower. Or by writing to:

Dr. W. Robert Woodall, Jr.
Vice President, Environmental Policy
270 Peachtree, N.W., Suite 2000
Atlanta, GA 30303

Annual Meeting
The 2000 annual meeting of shareholders will be held on Wednesday, May 24, at 10 a.m. at the Rialto in Atlanta. A report on the meeting will be mailed to all shareholders of record and will be available on request to other interested parties.

Common Stock
The common stock of Southern Company is listed and traded on the New York Stock Exchange. In addition, the stock is traded on regional exchanges across the United States and on the Berlin Stock Exchange. In the United States, the ticker symbol for Southern Company stock is SO, and the symbol SouthCo is used in newspaper stock listings. In Berlin, the ticker symbol is SURGR.

Auditors
Arthur Andersen LLP
133 Peachtree Street, N.E.
Atlanta, GA 30303

Institutional Investor Inquiries
Southern Company maintains investor relations offices in New York and Atlanta – (212) 269-8842 and (404) 506-5195 – to meet the information needs of institutional investors and security analysts.

Eliminate Duplicate Mailings
If you are a stockholder of record and receive multiple copies of the annual report and proxy statement, or wish to access these documents electronically in the future, you may authorize Southern Company to suspend future mailings of these documents to specific accounts. Simply check the appropriate box and sign your proxy card or dividend check stub or investment plan statement and return it to Stockholder Services..

Southern Company
270 Peachtree Street, N.W.
Atlanta, GA 30303
(404) 506-5000

140 Broadway
51st Floor
New York, NY 10005
(212) 269-8842

1130 Connecticut Avenue, N.W.
Suite 830
Washington, D.C. 20036
(202) 261-5000

Southern Energy
900 Ashwood Parkway
Suite 500
Atlanta, GA 30338
(770) 821-7000

Internet
Additional information about Southern Company is available at www.southerncompany.com. If you wish to comment on this annual report please click here.

The 1999 annual report is submitted for shareholders' information. It is not intended for use in connection with any sale or purchase of, or any solicitation of offers to buy or sell, securities. View our legal notices page for additional information.