SOUTHERN CO — Director's Dealing 2012

May 2, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SOUTHERN CO (SO)
CIK: 0000092122
Period of Report: 2012-05-01

Reporting Person: MCCRARY CHARLES D (President & CEO, APC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-01	Southern Company Common Stock	M	77647	$31.17	Acquired	78949.9637	Direct
2012-05-01	Southern Company Common Stock	M	86454	$32.70	Acquired	165403.9637	Direct
2012-05-01	Southern Company Common Stock	S	164101	$46.197	Disposed	1302.9637	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-05-01	Option Right to Buy	$32.70	M	86454	Disposed	2015-02-18	Southern Company Common Stock (36060)	Direct
2012-05-01	Option Right To Buy	$31.17	M	77467	Disposed	2020-02-15	Southern Company Common Stock (77467)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Southern Company Common Stock	4900.6759	Indirect

Footnotes

F1: Includes the right to have shares withheld upon exercise to satisfy tax withholding obligations.