Corporate Profile

Cleveland-Cliffs Inc, headquartered in Cleveland, Ohio, is the largest producer of iron ore pellets in North America and sells the majority of its pellets to integrated steel companies in the United States and Canada. The Company operates six iron ore mines located in Michigan, Minnesota and Eastern Canada. Cliffs is in its 157th year of service to the steel industry. Cliffs Mines Marquette Range (Michigan)     Empire     Tilden Mesabi Range (Minnesota)     Hibbing Taconite     Northshore Newfoundland/Quebec, Canada     Wabush For detailed information about Cliffs Mines, please see page 57 of our 2003 Annual Report.

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