ALE Allete Inc

ALLETE�s (NYSE: ALE) board of directors has declared a quarterly dividend of 43 cents per share of common stock. On an annual basis the dividend is equivalent to $1.72 per share, unchanged from the previous quarter. The regular quarterly dividend on common stock is payable December 1 to shareholders of record at the close of business November 14, 2008. ALLETE�s corporate headquarters are located in Duluth, Minnesota. More information about the company is available on ALLETE�s Web site at www.allete.com. 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. Actual results may differ materially from those projected in the 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 Commission.