BLACK HILLS CORP /SD/ — Director's Dealing 2010

Jan 5, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BLACK HILLS CORP /SD/ (BKH)
CIK: 0001130464
Period of Report: 2010-01-02

Reporting Person: ANDERSON GARNER M (VP-Treasurer & Chief Risk Offi)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-01-02	Common Stock	F	179.249	$26.63	Disposed	12743.396	Direct
2010-01-04	Common Stock	F	94.358	$26.89	Disposed	12649.038	Direct

Footnotes

F1: Shares used to pay tax withholding associated with Restricted Stock vesting.