Cleveland-Cliffs Inc (NYSE: CLF), which will be renamed Cliffs Natural Resources in mid-October, today announced that, based on the preliminary count provided by its proxy solicitor, it appears that approximately 80% of shares voted by holders other than Harbinger Capital Partners, its equity-swap counter parties or other "interested" shareholders voted AGAINST the proposed control share acquisition at today's special meeting.

“On behalf of Cliffs’ Board and management team, we thank our shareholders for their support,” said Joseph A. Carrabba, Cliffs’ chairman, president and chief executive officer. “We are pleased Cliffs’ shareholders voted to retain their right to provide meaningful input on the future strategic decisions of the Company. Moreover, we are pleased that all shareholders will have the opportunity to evaluate the merits of the proposed acquisition of Alpha Natural Resources.”

The independent Inspector of Elections, IVS Associates, Inc., will tabulate all proxies and ballots submitted at the special meeting. The presiding inspector, Hugh E. McKay, will work with and oversee the Inspector of Elections. The Inspector of Elections is expected to issue its final certification of the vote in approximately two weeks.

ABOUT CLEVELAND-CLIFFS INC

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 85% 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% interest in the Amapá Project, a Brazilian iron ore project, and a 45% economic interest in the Sonoma Project, an Australian coking and thermal coal project.

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

News releases and other information on the Company are available on the Internet at: http://www.cleveland-cliffs.com or www.cleveland-cliffs.com/Investors/Pages/default.aspx?b=1041&1=1

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A number of the matters discussed in this document are not historical or current facts and deal with potential future circumstances and developments.