14:30 | 21.07.2010
ALLETE Board of Directors Declares Dividend on Common Stock

ALLETE, Inc. (NYSE: ALE) board of directors has declared a quarterly
dividend of 44 cents per share of common stock.

On an annual basis the dividend is equivalent to $1.76 per share,
unchanged from the previous quarter.

The regular quarterly dividend is payable September 1 to common stock
shareholders of record at the close of business August 16, 2010.

ALLETE’s corporate headquarters are located in Duluth, Minnesota. More
information about the company is available on ALLETE’s Web site at
The statements contained in this release and statements that ALLETE
may make orally in connection with this release that are not historical
facts, are forward-looking statements. These forward-looking statements
involve risks and uncertainties and investors are directed to the risks
discussed in documents filed by ALLETE with the Securities and Exchange


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