Southern Co. announces extension of wholesale power agreement with FPL

Atlanta, GA, Feb. 15, 2006 — Southern Co. announced that it has signed an extension of a wholesale power agreement with Florida Power & Light Co. (FPL). Under the agreement, Southern Company will continue to provide approximately 160 megawatts of electric energy to FPL. The agreement extends the term of the capacity and energy purchase through May 31, 2012.

Power to supply FPL will be generated from Plant Oleander, a simple-cycle, combustion turbine electric generating plant located in Cocoa, Fla. Plant Oleander is owned by Southern Power, a subsidiary of Southern Co. that builds, owns, manages and finances wholesale generating assets in the Southeast and sells to wholesale customers. With plants located in Alabama, Georgia and Florida, Southern Power currently has more than 5,400 megawatts of competitive generation to serve the wholesale power market.

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