ALLETE INC — Director's Dealing 2008

Mar 13, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALLETE INC (ALE)
CIK: 0000066756
Period of Report: 2008-03-11

Reporting Person: SCHOBER MARK A (Sen.VP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-03-11	Common Stock	I	495.96	$36.27	Acquired	7264.92	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	9066.01	Direct
Common Stock	118.26	Indirect

Footnotes

F1: Includes shares acquired in exempt transactions under the dividend reinvestment feature of ALLETE's employee stock purchase plan, and is based on plan information available as of March 1, 2008.

F2: Includes shares acquired in exempt transactions under ALLETE's retirement savings and stock ownership plan (RSOP) and is based on RSOP plan information available as of March 1, 2008.