ALLETE INC — Director's Dealing 2004

Sep 15, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADESA INC (KAR)
CIK: 0001281949
Period of Report: 2004-09-13

Reporting Person: ALLETE INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-13	Common Stock	J	88600000	—	Disposed	0	Direct

Footnotes

F1: Reflects the distribution of the reported securities on a pro rata basis to ALLETE shareholders of record on September 13, 2004, effective September 20, 2004.

F2: The shares were previously reported in a joint filing as owned directly by ALLETE Automotive Services, LLC, which is a wholly-owned subsidiary of ALLETE, Inc. ALLETE Automotive Services, LLC transferred the shares to ALLETE, Inc. on August 24, 2004, in connection with the pro rata distribution to ALLETE shareholders.