XCEL ENERGY INC — Director's Dealing 2003

Sep 30, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCEL ENERGY INC (XEL)
CIK: 0000072903
Period of Report: 2003-09-29

Reporting Person: SLIFER RODNEY E (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-09-29	Phantom Stock Unit	$0.00	A	974.66	Acquired	1988-08-08	Common (974.66)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common	18391.80	Direct

Footnotes

F1: Includes 445.95 shares of stock acquired pursuant to reinvestment of dividends.

F2: Security converts to common stock on a one-for-one basis.

F3: Shares of phantom stock are payable in shares of common stock following termination of reporting person's service. Partial share
s are payable in cash.

F4: Includes 383.45 shares of stock acquired pursuant to reinvestment of dividends.