ALLETE INC — Director's Dealing 2013

May 20, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALLETE INC (ALE)
CIK: 0000066756
Period of Report: 2013-05-17

Reporting Person: Adams Robert John (VP Bus. Dev; Chief Risk Ofcr)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-17	Common Stock	M	3411	$44.15	Acquired	7593.76	Direct
2013-05-17	Common Stock	S	1741	$50.80	Disposed	5852.76	Direct
2013-05-17	Common Stock	S	29	$50.81	Disposed	5823.76	Direct
2013-05-17	Common Stock	S	1039	$50.84	Disposed	4784.76	Direct
2013-05-17	Common Stock	S	602	$50.85	Disposed	4182.76	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-17	Employee Stock Option (Rt. to Buy)	$44.15	M	3411	Disposed	2016-02-01	Common Stock (3411)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	10622.93	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 is based on plan information available as of May 1, 2013.

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 April 30, 2013.

F3: Option vested in three equal installments; one-third vested on February 1, 2007, one-third vested on February 1, 2008, and one-third vested on February 1, 2009.