New York, August 24, 2015 -- Moody's Investors Service affirmed the ratings of The Southern Company (Southern, Baa1 senior unsecured, Prime-2 short-term rating for commercial paper) and changed the rating outlook to negative from stable. Moody's also affirmed the ratings and outlooks of Southern subsidiaries Alabama Power Company (A1 stable), Georgia Power Company (A3 stable), Gulf Power Company (A2 stable), Mississippi Power Company (Baa2 negative); Southern Power Company (Baa1 stable); Southern Electric Generating Co (A2 stable); and Southern Company Funding Corporation (Prime-2 stable).

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