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

Nov 8, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BLACK HILLS CORP /SD/ (BKH)
CIK: 0001130464
Period of Report: 2010-11-07

Reporting Person: Kinzley Richard (VP STRATEGIC PLAN & DEVLPMT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-07	Common Stock	F	169.016	$32.72	Disposed	10777.406	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	360.758	Indirect

Footnotes

F1: Shares used to pay tax withholding associated with restricted stock vesting.