ALLETE has entered an agreement to be acquired by a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners and start the process to become a private company. Learn more at www.ALLETEforward.com.
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Jan 10, 2003

ALLETE Schedules Fourth Quarter Earnings Release And Conference Call

ALLETE Schedules Fourth Quarter Earnings Release And Conference Call DULUTH, MN – ALLETE, Inc. (NYSE:ALE) will announce its financial results for 2002 and for the quarter ended December 31, 2002 before the market opens on Friday, January 24, 2003.

Following the release, ALLETE President David Gartzke and Chief Financial Officer James Vizanko will present an overview of results and discuss strategic direction and financial expectations for 2003 during a conference call beginning at 10 a.m. Eastern Standard Time.

Interested parties may listen to the call by calling (913) 981-5575 or by listening to a webcast on ALLETE’s website at www.allete.com.