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ALLETE INC Director's Dealing 2011

Jan 19, 2011

31193_dirs_2011-01-19_5d8881e3-0f98-4232-9981-5a9c656d10a8.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: 2011-01-18

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-01-18 Common Stock A 886 Acquired 6852.46 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 5885.79 Indirect

Footnotes

F1: Includes shares acquired in exempt transactions under the dividend reinvestment features of ALLETE's stock purchase and dividend reinvestment plan and ALLETE's employee stock purchase plan, and pursuant to the dividend equivalent feature of restricted stock grants under ALLETE's executive long-term incentive compensation plan, all based on plan information available as of December 31, 2010.

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 December 31, 2010.