Washington, D.C.

                          Three year period ending 2005

                      FORM U-12(I)-B (THREE-YEAR STATEMENT)

 Statement Pursuant to Section 12(i) of Public Utility Holding Company Act of
1935 by a Person Regularly Employed or Retained by a Registered Holding Company
or a Subsidiary Thereof and Whose Employment Contemplates Only Routine
Expenses as Specified in Rule 71(b)

         1. Name and business address of person filing statement.

                  Joe Fine
                  423 South Hull Street
                  Montgomery, AL  36104

         2. Names and business addresses of any persons through whom the
undersigned proposes to act in matters included within the exemption provided by
paragraph (b) of Rule U-71.

                  Alabama Power Com, P.O. Box 2641, Birmingham, AL  35291

         3. Registered holding companies and subsidiary companies by which the
undersigned is regularly employed or retained.

                  Alabama Power Company

         4. Position or relationship in which the undersigned is employed or
retained by each of the companies named in item 3, and brief description of
nature of services to be rendered in each such position or relationship.

                  Consulting/Governmental Affairs

         5. (a) Compensation received during the prior reporting period and
estimated to be received over the next two calendar years by the undersigned or
others, directly or indirectly, for services rendered by the undersigned, from
each of the companies designated in item 3. (Use column (a) as supplemental
statement only.)

                 Salary or other
Name of         received     to be            Person or company from whom
recipient                   received          received or to be received

                   (a)         (b)
Joe Fine        $648,000   to be included         Alabama Power Company
                           in supplemental
Fine, Geddie               statement
& Associates, Inc

           (b)    Basis for compensation if other than salary. None

          6. (To be answered in supplementary statement only.) Expenses incurred
by the undersigned or any person named in item 2, above, during the calendar
year in connection with the activities described in item 4, above, and the
source or sources of reimbursement for same.

           (a) Total amount of routine expenses charged to client:  $10,000

           (b) Itemized list of all other expenses: None

Date:    January 7, 2003                    (Signed) /s/ Joe Fine