MDU RESOURCES GROUP INC — Director's Dealing 2010

Nov 16, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MDU RESOURCES GROUP INC (MDU)
CIK: 0000067716
Period of Report: 2010-11-15

Reporting Person: Goodin David L (Pres. & CEO-Montana-Dakota)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-15	Common Stock	M	10000	$13.2178	Acquired	22095.339	Direct
2010-11-15	Common Stock	S	4600	$20.70	Disposed	17495.339	Direct
2010-11-15	Common Stock	S	200	$20.701	Disposed	17295.339	Direct
2010-11-15	Common Stock	S	200	$20.705	Disposed	17095.339	Direct
2010-11-15	Common Stock	S	600	$20.71	Disposed	16495.339	Direct
2010-11-15	Common Stock	S	3700	$20.715	Disposed	12795.339	Direct
2010-11-15	Common Stock	S	100	$20.717	Disposed	12695.339	Direct
2010-11-15	Common Stock	S	100	$20.72	Disposed	12595.339	Direct
2010-11-15	Common Stock	S	300	$20.721	Disposed	12295.339	Direct
2010-11-15	Common Stock	S	200	$20.73	Disposed	12095.339	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-15	Stock Options (Right to Buy)	$13.2178	M	10000	Disposed	2011-02-15	Common Stock (10000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7562.277	Indirect
Common Stock	973.127	Indirect
Common Stock - (401-k)	10608.572	Indirect

Footnotes

F1: As of the most recent quarter end, the number of shares may fluctuate daily depending on plan activity in the fund.