ALLETE INC — Director's Dealing 2010

Nov 3, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALLETE INC (ALE)
CIK: 0000066756
Period of Report: 2010-11-02

Reporting Person: SHIPPAR DONALD J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-02	Common Stock	F	776.54	$35.96	Disposed	18570.37	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	20616.77	Indirect

Footnotes

F1: Reflects the cancellation of 5,799 RSU's that were previously reported on Table I at the time of their grant. The RSU forfeiture occured in accordance with the grant terms in connection with the reporting person's retirement.

F2: Includes shares acquired in exempt transactions under ALLETE's retirement savings and stock ownership plan (RSOP) and is based on RSOP plan informaiton available as of November 1, 2010.