GNI
(CUSIP No. 391064102)
FACSIMILE TRANSMISSION FACE SHEET
Date: April 18, 2012
Number of Pages: 1 (including this face sheet)
Message:
NEWS RELEASE
FOR IMMEDIATE RELEASE
In response to a New York Stock Exchange inquiry of officials
of Great Northern Iron Ore Properties (NYSE:GNI) {the
"Trust"} as a result of the unusual activity in the volume
and price of GNI certificates (shares) of beneficial
interest, we state that we know of no internal reason that
would cause the downward movement of the price of the
shares.
For further information about the Trust of Great Northern
Iron Ore Properties, please refer to the Trust's Web site at
www.gniop.com, which
includes the Trust's recent Securities and Exchange
Commission filings and other pertinent information about the
Trust.
/s/ Joseph S. MicallefPresident of the Trustees Chief Executive Officer
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