The Southern Company
2003 Finance Charter: SO
The Finance Committee of the Board of Directors of The Southern Company (the "Committee") is
charged with responsibility for review and oversight of the financial policy, plans, and programs of
the Company (including its subsidiaries).
Duties and Responsibilities
The Committee shall:
The Committee shall be composed of at least three directors, and all members of the Committee
shall be independent directors. The Committee and its Chairman shall be appointed annually by
the Board of Directors.
The Committee shall meet at such times as deemed appropriate by the Chairman of the
Committee, any two members of the Committee, the Chief Executive Officer, or the Chief
Financial Officer. A quorum for the transaction of any business by the Committee shall be a
majority of the members of the Committee. The act of a majority of the directors serving at any
meeting of the Committee at which a quorum is present shall be the act of the Committee.
The Committee shall evaluate annually its own performance.