OREANDA-NEWS. April 7, 2011. Vale informs that it will pay an additional remuneration on its shareholder debentures (debentures) of BRL 0,015466940 per debenture, amounting to a total of BRL 6,009,819.80, to debenture holders with position registered on the SND – Modulo Nacional de Debentures (National Debentures Module) and Banco Bradesco S.A., on March 30, 2011.

The additional remuneration is a result of a difference in the calculation base in the remuneration paid on April 1, 2011. We emphasize that the additional remuneration has been duly calculated and remunerated in accordance with Clause III, letter (k) of the issue deeds, and is in line with the calculations carried out by the fiduciary agents of this issue, SLW - Corretora de Valores e Cambio Ltda.

The funds will be paid on Friday, April 8, 2011, through CETIP S.A. – Balcao Organizado de Ativos e Derivativos and Banco Bradesco S.A.

A withholding income tax will be charged on the amount to be paid to debenture holders, at the same rate applicable to fixed income investments. The tax rate will vary according to each investor individual situation, with the exception of those who can provide legal, unequivocal, proof that they are tax exempt.