ALLETE INC — Director's Dealing 2012

Jan 5, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALLETE INC (ALE)
CIK: 0000066756
Period of Report: 2012-01-03

Reporting Person: LUDLOW MADELEINE W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-03	Common Stock	S	100	$41.89	Disposed	400	Indirect
2012-01-03	Common Stock	S	100	$41.91	Disposed	300	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	15837.16	Direct

Footnotes

F1: 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, 2011. Also reflects a change in the form of beneficial ownership with respect to 500 shares previously held directly and now held by a revocable trust for which the reporting person is the trustee.

F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2011.