X0303 4 2009-07-01 0 0000764065 CLIFFS NATURAL RESOURCES INC. CLF 0001216249 SCHWARTZ ALAN G YALE LAW SCHOOL 127 WALL STREET NEW HAVEN CT 06520 1 0 0 0 Common Stock 2009-07-01 4 A 0 185.4905 24.26 A 23539.2087 D Reflects number of Common Shares credited to the account of the Reporting Person in payment of the Reporting Person's Required Quarterly Retainer for the third quarter of 2009 under the Cliffs Natural Resources Inc. Nonemployee Directors Compensation Plan (As Amended and Restated December 31, 2008). Full shares earned in 2009 will be issued effective January 2, 2010. The Board of Directors of Cliffs Natural Resources Inc. (the "Company") declared a dividend of $.04 per share, payable to all holders of record as of May 22, 2009 of common stock payable on June 1, 2009. The amount shown reflects 28.9010 dividend reinvestment shares credited to the Reporting Person pursuant to the Company's Dividend Reinvestment and Stock Purchase Plan. George W. Hawk, Jr. by Power of Attorney 2009-07-02