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Regulation FD Disclosure.)Tj /F2 1 Tf 0 -2.5955 TD [( )-3083.6( ǿմý Inc published a News Release on November 21, 2001 as follows:)]TJ 12 0 0 12 25.65 899.13 Tm ( )Tj 0 -1.12 TD ( )Tj /F12 1 Tf 10.079 0 0 10.079 236.61 859.77 Tm -0.0001 Tc 0.0001 Tw (CLIFFS COMMENTS ON LTV)Tj /F2 1 Tf 13.0828 0 TD 0 Tc 0 Tw ()Tj /F12 1 Tf 0.333 0 TD (s)Tj -10.3202 -1.1191 TD -0.0001 Tc 0.0001 Tw (PLAN TO CEASE)Tj -4.2385 -1.2858 TD (INTEGRATED STEEL OPERATIONS)Tj 12 0 0 12 25.65 822.09 Tm 0 Tc 0 Tw ( )Tj 10.079 0 0 10.079 25.65 796.17 Tm -0.0001 Tc 0.0001 Tw (CLEVELAND, OH )Tj /F2 1 Tf 8.1923 0 TD 0 Tc 0 Tw ()Tj /F12 1 Tf 0.9999 0 TD ( November 21, 2001 )Tj /F2 1 Tf 8.4702 0 TD ()Tj /F12 1 Tf 0.9999 0 TD ( ǿմý Inc \(NYSE:CLF\) said today that it is assessing the impact of LTV )Tj -18.6623 -1.1192 TD (Corporation)Tj /F2 1 Tf 4.8326 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s \(OTC Bulletin Board: LTVCQ\) announcement that it plans to cease its integrated steel operations. LTV is a customer of )Tj -5.1655 -1.1192 TD (Cliffs and is a 25 percent owner of the Cliffs-managed Empire Mine. )Tj 0 -2.524 TD (Cliffs)Tj /F2 1 Tf 2.2778 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( pellet sales in the fourth quarter, which had been projected to be in the range of 3.3 to 3.5 million tons, are now projected )Tj 48.9596 0 TD (to be )Tj -51.5703 -1.1191 TD (about 2.6 million tons. This will result in expected full year sales of approximately 8.3 million tons. Cliffs has no trade acc)Tj 49.0756 0 TD (ounts )Tj -49.0756 -1.1192 TD (receivable exposure to LTV. )Tj 0 -2.524 TD (As a result of LTV)Tj /F2 1 Tf 7.5533 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s actions, the Empire Mine will idle operations for an indefinite period. The Empire Mine is owned by subsidiaries of )Tj -7.8863 -1.1191 TD (Ispat Inland Inc. \(40%\), LTV Corporation \(25%\) and Cliffs \(35%\). )Tj /F6 1 Tf 23.5737 -2.5955 TD (**)Tj /F12 1 Tf -23.5737 -2.5717 TD (ǿմý is the largest supplier of iron ore products to the North American steel industry and is developing a signific)Tj 49.7395 0 TD (ant ferrous )Tj -49.7395 -1.1192 TD (metallics business. Subsidiaries of the Company manage and hold equity interests in five iron ore mines in Michigan, Minnesota )Tj 51.6863 0 TD (and )Tj -51.6863 -1.1192 TD (Eastern Canada. Cliffs has a major iron ore reserve position in the United States and is a substantial iron ore merchant. 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