Rio de Janeiro, 29 de novembro de 2007- A Companhia Vale do Rio Doce (Vale) informa que passa a assinar Vale em todos os países onde tem atividades e, ao mesmo tempo, assume mundialmente uma nova identidade visual

Press Release

Vale concludes R$ 1.35 billion offer of local infrastructure debentures

Rio de Janeiro, September 18th, 2015 - Vale S.A. (Vale) informs the conclusion of the issuance of local infrastructure debentures. Initially, Vale expected to raise R$ 1 billion, but decided to increase the issuance to R$ 1.35 billion given the demand for the debentures.

Updates of nominal debenture values will be based on inflation and will bear annual interest, priced at IPCA + 6.6232%p.a. (corresponding to NTN-B 2020 - 0.5%) and IPCA + 6.6252% p.a. (corresponding to NTN-B 2022 - 0.5%), for maturity dates in 2020 and 2022, respectively.

Vale will use the net proceeds of the offer to invest in its infrastructure projects, according to Article 2 of Law 12,431, of June 24, 2011, as amended.

For further information, please contact:

+55-21-3814-4540
Rogerio Nogueira: rogerio.nogueira@vale.com Andre Figueiredo: andre.figueiredo@vale.com Carla Albano Miller: carla.albano@vale.com
Fernando Mascarenhas: fernando.mascarenhas@vale.com Andrea Gutman: andrea.gutman@vale.com Bruno Siqueira: bruno.siqueira@vale.com Claudia Rodrigues: claudia.rodrigues@vale.com Marcio Loures Penna: marcio.penna@vale.com
Mariano Szachtman: mariano.szachtman@vale.com
This press release may include statements that present Vale's expectations about future events or results. All statements, when based upon expectations about the future and not on historical facts, involve various risks and uncertainties. Vale cannot guarantee that such statements will prove correct. These risks and uncertainties include factors related to the following: (a) the countries where we operate, especially Brazil and Canada; (b) the global economy; (c) the capital markets; (d) the mining and metals prices and their dependence on global industrial production, which is cyclical by nature; and (e) global competition in the markets in which Vale operates. To obtain further information on factors that may lead to results different from those forecast by Vale, please consult the reports Vale files with the U.S. Securities and Exchange Commission (SEC), the Brazilian Comissão de Valores Mobiliários (CVM), the French Autorité des Marchés Financiers (AMF), and The Stock E xchange of Hong Kong Limited, and in particular the factors discussed under "Forward-Looking Statements" and "Risk Factors" in Vale's annual report on Form 20-F.

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