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ALLETE INC Director's Dealing 2005

Feb 1, 2005

31193_dirs_2005-02-01_8fa8cb37-dfda-4cad-807f-c2f62051417e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALLETE INC (ALE)
CIK: 0000066756
Period of Report: 2005-01-28

Reporting Person: AMBERG DEBORAH A (VP, Gen. Counsel & Secretary)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2005-01-28 Common Stock A 218.38 Acquired 1019.38 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 982.82 Indirect

Footnotes

F1: Total shown reflects the one-for-three reverse stock split effective at 12:00 noon EDT on September 20, 2004.

F2: Includes shares acquired in exempt transactions under the dividend reinvestment feature of ALLETE's stock purchase and dividend reinvestment plan and is based on plan information available as of December 31, 2004.

F3: Includes shares acquired in exempt transactions under ALLETE's retirement savings and stock ownership plan (RSOP). This information is based on RSOP plan information available as of December 1, 2004.