ALLETE INC — Director's Dealing 2004

Feb 4, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALLETE INC (ALE)
CIK: 0000066756
Period of Report: 2004-02-02

Reporting Person: HALLETT JAMES P (VP/ Pres/CEO ALLETE Auto Svcs)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-02-02	Common Stock	A	3494.001	—	Acquired	42218.29	Direct
2004-02-02	Common Stock	F	1542.5	—	Disposed	40675.79	Direct

Footnotes

F1: Includes shares acquired in exempt transactions under the dividend reinvestment features of ALLETE's stock purchase and dividend reinvestment and employee stock purchase and dividend reinvestment plans. This information is based on a plan statement as of January 31, 2004.