Southern Co. announces wholesale power agreements with Progress Energy

Atlanta, GA, October 11, 2005 — Southern Co. announced that it has signed two long-term wholesale power agreements with Progress Energy Florida. Under the agreements, Southern Company will provide a total of 424 megawatts of electric capacity and energy to Progress Energy Florida. Power to supply the contracts will be generated from Southern Co.’s existing wholesale plant capacity.

“We are pleased to have the opportunity to continue to serve a portion of the growing energy needs of Progress Energy Florida,” said Ronnie Bates, executive vice president, Competitive Generation for Southern Co. Generation, the business unit of Southern Co. that oversees both retail and wholesale generation and generation services.

Progress Energy, headquartered in Raleigh, N.C., is an energy company with more than 24,000 megawatts of generation capacity and two electric utilities serving customers in North Carolina, South Carolina and Florida. Progress Energy also includes nonregulated operations covering generation, energy marketing, natural gas production, fuel extraction and broadband capacity.

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