Webcast Alert: Cleveland-Cliffs to Announce First-Quarter 2008 Results May 5; Conference Call May 6

CLEVELAND--(BUSINESS WIRE)--

Cleveland-Cliffs Inc (NYSE: CLF) today said it intends to announce unaudited 2008 first-quarter results after the market closes Monday, May 5, 2008.

The Company invites interested parties to listen to a live broadcast of a conference call with securities analysts and institutional investors to discuss the results.

When:        Tuesday, May 6, at 10 a.m. ET

Hosts:       Joseph A. Carrabba, Chairman, President and Chief
              Executive Officer
             Laurie Brlas, Executive Vice President and Chief
              Financial Officer
             Steven R. Baisden, Director, Investor Relations and
              Corporate Communications

Web Address: http://www.cleveland-cliffs.com

If you are unable to participate during the live webcast, the call will be archived at http://www.cleveland-cliffs.com for 30 days.

To be added to Cleveland-Cliffs' e-mail distribution list, please click on the link below: http://www.cpg-llc.com/clearsite/clf/emailoptin.html

Cleveland-Cliffs Inc, headquartered in Cleveland, Ohio, is an international mining company, the largest producer of iron ore pellets in North America and a major supplier of metallurgical coal to the global steelmaking industry. The Company operates six iron ore mines in Michigan, Minnesota and Eastern Canada, and three coking coal mines in West Virginia and Alabama. Cliffs also owns 80 percent of Portman Limited, a large iron ore mining company in Australia, serving the Asian iron ore markets with direct-shipping fines and lump ore. In addition, the Company has a 30 percent interest in the Amapa Project, a Brazilian iron ore project, and a 45 percent economic interest in the Sonoma Project, an Australian coking and thermal coal project. News releases and other information on the Company are available on the Internet at: http://www.cleveland-cliffs.com

Source: Cleveland-Cliffs Inc

Released April 16, 2008