EXHIBIT 10(e)16

BASE SALARIES OF NAMED EXECUTIVE OFFICERS

MISSISSIPPI POWER COMPANY

The following are the annual base salaries, effective March 1, 2011, of the current Chief Executive Officer and Chief Financial Officer of Mississippi Power Company and certain other current or former executive officers of Mississippi Power Company who served during 2010.

Anthony J. Topazi*                                                                                         $609,518

President and Chief Executive Officer

Edward Day, VI**                                                                                            $391,400

President and Chief Executive Officer

Frances V. Turnage*                                                                                       $234,355

Vice President, Treasurer and Chief Financial

Officer

Moses Feagin**                                                                                              $222,927

Vice President, Treasurer and Chief Financial Officer

Thomas O. Anderson                                                                                      $179,807

Vice President

Donald R. Horsley                                                                                            $269,795

Vice President

Kimberly D. Flowers***                                                                                  $245,183

Vice President

John W. Atherton                                                                                            $222,927

Vice President

*       Through August 12, 2010

**     From August 13, 2010

***  Through July 31, 2010