X0202 4 2005-03-08 0 0000764065 CLEVELAND CLIFFS INC CLF 0001211752 TRETHEWEY JAMES A 1100 SUPERIOR AVENUE 15TH FLOOR CLEVELAND OH 44114 0 1 0 0 S.V.P.- Bus. Development Common Stock 2005-03-08 4 A 0 4867 0.00 A 10997 D Common Stock 4264 I By VNQDC Common Stock 14878 I Wife Retention Units 2005-2007 2005-03-08 4 A 0 375 0.00 A Common Shares 375 375 D Represents a grant of Restricted Stock to the Reporting Person under the Cleveland-Cliffs Inc 1992 Incentive Equity Plan (as Amended and Restated May 13, 1997). Held for the benefit of the Reporting Person by the Cleveland-Cliffs Inc Voluntary Non-Qualified Deferred Compensation Plan (VNQDC). Convertible into Common Shares on a 1-for-1 basis. Represents a grant of Retention Units to the Reporting Person under the Cleveland-Cliffs Inc Long-Term Incentive Program covering the period January 1, 2005 through December 31, 2007 (Incentive Period). Payment of the Retention Units will be made in cash after the completion of the Incentive Period based upon the employment by the Company of the Reporting Person and the market value of a Common Share of the Company on the last day of the Incentive Period. James A. Trethewey 2005-03-10