ALLETE INC — Director's Dealing 2011

Aug 22, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALLETE INC (ALE)
CIK: 0000066756
Period of Report: 2011-08-19

Reporting Person: McMillan David J (Sr VP Mktg, Reg. & Pub Affairs)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-08-19	Common Stock	A	824.86	—	Acquired	8763.88	Direct
2011-08-19	Common Stock	F	269.73	$36.37	Disposed	8494.16	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6903.77	Indirect

Footnotes

F1: Includes shares acquired in exempt transactions under ALLETE's employee stock purchase plan, the dividend reinvestment features of ALLETE's stock purchase and dividend reinvestment plan, and pursuant to the dividend equivalent feature of restriced stock grants under ALLETE's executive long-term incentive compensation plan, all based on plan information available as of August 1, 2011.

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 August 1, 2011.