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CLEVELAND-CLIFFS INC. Director's Dealing 2010

May 10, 2010

30881_dirs_2010-05-10_94c21fba-9185-4e1b-bcfc-ac05fd331b1a.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CLIFFS NATURAL RESOURCES INC. (CLF)
CIK: 0000764065
Period of Report: 2010-05-07

Reporting Person: Paradie Terrance M (VP-Corp.Controller/CAO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-05-07 Common Stock S 2518 $55.13 Disposed 4325 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 5501 Indirect

Footnotes

F1: Balance shown reflects 7 shares acquired March 1, 2010 pursuant to the dividend reinvestment feature of the Cliffs Natural Resources Inc. 2005 Voluntary Non-Qualified Deferred Compensation Plan ("VNQDC") to shareholders of record as of February 12, 2010.

F2: Held for the benefit of the Reporting Person by the VNQDC.