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ADESA Schedules Second Quarter Earnings Release, Conference Call

July 15, 2004

ADESA Inc. will announce its financial results for the quarter ended June 30, 2004 immediately after the financial markets close on Wednesday, July 21, 2004. Following the release, ADESA Chairman and CEO David Gartzke and ADESA Chief Financial Officer Cam Hitchcock will present an overview of financial results and other factors affecting performance during a conference call beginning at 4:30 p.m. EST. Also on the call, ALLETE President and CEO Don Shippar and ALLETE Chief Financial Officer James Vizanko will present an overview of ALLETE, Inc. (NYSE:ALE) financial results for the quarter. ALLETE is presently the controlling shareholder of ADESA, Inc.
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