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Recent Presentations:December 1, 2011 – JP Morgan Mid-Cap Conference Presentation Appendix December 1, 2011 – JP Morgan Mid-Cap Conference Presentation November 29, 2011 – BMO Utility Day Presentation Appendix November 29, 2011 – BMO Utility Day Presentation November 8, 2011 – EEI Financial Conference Presentation Appendix November 8, 2011 – EEI Financial Conference Presentation November 4, 2011 – Investor Conference Call / Webcast October 19-20, 2011 – Investor Update October 5, 2011 – 2011 IR Summit Presenatation Day 2 October 4, 2011 – 2011 IR Summit Presenatation Day 1 May 25, 2011 – 2011 Annual Shareholder Meeting May 16, 2011 – AGA Financial Forum Presentation May 11, 2011 – First Quarter 2011 Financial Results Webcast and Conference Call April 2011 – Investor Update March 24, 2011 – Wellington Shields - West Coast Seminar February 8, 2011 – Credit Suisse 2011 Energy Summit February 4, 2011 – 2010 Full Year & Fourth Quarter Update November 22, 2010 – BKH Q3 Investor Newsletter November 22, 2010 – BKH Investor Fact Sheet November 10, 2010 – Common Equity Offering Presentation October 31 - November 3, 2010 – EEI Financial Conference October 29, 2010 – Third Quarter 2010 Financial Results Webcast and Conference Call September 1, 2010 – BKH Q2 Investor Newsletter September 1, 2010 – BKH Investor Fact Sheet August 6, 2010 – 2010 Second Quarter Update July 21, 2010 – Utility Shareholders Of South Dakota June 7, 2010 – 2010 RBC Energy Conference May 25, 2010 – 2010 Annual Shareholder Meeting May 18, 2010 – 2010 AGA Financial Forum May 7, 2010 – 2010 First Quarter Update January 29, 2010 – 2009 Full Year & Fourth Quarter Update January December 1, 2009 - 2009 Investor Update November 2, 2009 - EEI Financial Conference October 30, 2009 - 2009 Third Quarter Update October 1, 2009 - 2009 Investor Summit Presentation August 6, 2009 - 2009 Second Quarter Update June 4, 2009 - 2009 RBC Energy Conference May 19, 2009 - 2009 Annual Shareholder Meeting May 3-5, 2009 - 2009 AGA Financial Forum April 30, 2009 - 2009 First Quarter Update February 2, 2009 - 2008 Full Year & Fourth Quarter Investor Update December 2, 2008 - Platform for Growth - Black Hills Corp. Overview & Update November 10, 2008 - EEI Financial Conference - Phoenix, AZ November 5, 2008 - Third Quarter 2008 Investor Update October 15-16, 2008 - Investor Summit 2008 Presentation September 2008 - Investor Presentation August 2008 - Investor Presentation April 30, 2008 - IPP Announcement Investor Presentation May 2008 - Investor Presentation February 2007 - Transaction Overview Presentation
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