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Black Hills Corporation Announces Quarterly Conference Call

For Information Contact: Mark T. Thies, Executive Vice President; Dale T. Jahr, Director, Investor Relations

RAPID CITY, SD—May 4, 2005—Black Hills Corporation (NYSE: BKH) will issue its first quarter 2005 financial results after the close of capital markets on Monday, May 9, 2005.

In conjunction with the earnings release, the Company will conduct a conference call on Wednesday, May 11, 2005, beginning at 11:00 a.m. Eastern Time to discuss financial and operating performance. The conference call will be open to the public. The call can be accessed by dialing, toll-free, (800) 553-0349. When prompted, indicate that you wish to participate in the “Black Hills Quarterly Earnings Conference Call.”

A replay of the conference call is available through May 18, 2005 by dialing (800) 475-6701 (USA) or (320) 365-3844 (international). The access code is 781071.

Black Hills Corporation is a diversified energy and communications company. Black Hills Energy, the wholesale energy unit, generates electricity, produces natural gas, oil and coal, and markets energy. Our retail businesses are Black Hills Power, an electric utility serving western South Dakota, northeastern Wyoming and southeastern Montana; Cheyenne Light, Fuel & Power, an electric and gas distribution company serving the Cheyenne, Wyoming vicinity; and Black Hills FiberCom, a broadband communications company, which is under a definitive agreement to be sold on or before June 30, 2005. More information is available at our Internet web site: www.blackhillscorp.com.

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Black Hills Corporation - Investor Relations