XCEL ENERGY INC — Director's Dealing 2003

Dec 19, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCEL ENERGY INC (XEL)
CIK: 0000072903
Period of Report: 2003-12-19

Reporting Person: KELLY RICHARD C (President and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-19	Common	G	4497.00	—	Acquired	4497.00	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common	26547.13	Direct
Common	6026.18	Indirect
Common	407.84	Indirect

Footnotes

F1: Includes 81.95 shares of stock acquired pursuant to reinvestment of dividends.

F2: The reporting person is the trustee of the trust. The reporting person disclaims beneficial ownership of the reported securities
.