X0201 5 2003-12-31 0 0 0 0000277158 SEMCO ENERGY INC SEN 0001201754 DUBAY EUGENE N 558 W. LINCOLN BIRMINGHAM MI 48009 0 1 0 0 Vice President Common Stock 2003-03-10 5 L 0 24.077 4.1533 A 2054.203 D Common Stock 2003-04-07 5 L 0 25.51 3.92 A 2079.713 D Common Stock 2003-05-05 5 L 0 18.127 5.5167 A 2097.84 D Common Stock 2003-06-02 5 L 0 21.107 7.1067 A 2118.947 D Common Stock 2003-07-07 5 L 0 17.291 5.7833 A 2136.238 D Common Stock 2003-08-04 5 L 0 16.797 5.9533 A 2153.035 D Common Stock 2003-09-05 5 L 0 21.772 4.593 A 2174.807 D Common Stock 2003-10-03 5 L 0 21.519 4.647 A 2196.326 D Common Stock 2003-10-31 5 L 0 30.992 4.84 A 2227.318 D Common Stock 2003-12-05 5 L 0 19.932 5.017 A 2247.25 D Non-Qualified Stock Option (right to buy) 4.13 2013-03-03 Common Stock 7000 7000 D The option vests in three equal annual installments beginning on March 3, 2004. By: Sherry L. Abbott For: Eugene N. Dubay 2004-01-14