ALLETE INC — Director's Dealing 2004

Jun 2, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALLETE INC (ALE)
CIK: 0000066756
Period of Report: 2004-06-01

Reporting Person: SMITH NICK (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-06-01	Common Stock	A	1389.3	—	Acquired	12009.36	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	50	Indirect
Common Stock	2000	Indirect
Common Stock	2970	Indirect

Footnotes

F1: Reflects 910 shares transferred by reporting person from an investment account to a Keogh Plan for the benefit of reporting person.