  We obtain new explicit exponential stability conditions for the linear scalar
neutral equation with two bounded delays $
\dot{x}(t)-a(t)\dot{x}(g(t))+b(t)x(h(t))=0, $ where $ 0\leq a(t)\leq A_0<1$,
$0<b_0\leq b(t)\leq B$, using the Bohl-Perron theorem and a transformation of
the neutral equation into a differential equation with an infinite number of
delays. The results are applied to the neutral logistic equation.
