COMPANHIA VALE DO RIO DOCE

Identification

ISIN code

US2044122099

Trading location

Paris

ICB

Iron&Steel

Website address

http://www.vale.com.br

Issuer website

http://www.vale.com.br

Operation

IPO date

Fri 18/07/2008

IPO type

Direct trading procedure

IPO type

Initial Public offering

Catégorie

IPO

Operation procedure

Reference prices: closing prices of common ADS and preferred ADS quoted on the NYSE on the 17 July 2008.

Operation description

Admission on Euronext Paris:
- a maximum of 2,999,797,716 existing common ADS, 1 common ADS representing 1 common share issued by COMPANHIA VALE DO RIO DOCE; it is specified that 717,160,008 existing common ADS are currently traded on NYSE,
- a maximum of 1,919,516,400 existing preferred ADS, 1 preferred ADS representing 1 preferred share issued by COMPANHIA VALE DO RIO DOCE; it is specified that 841,182,272 existing preferred ADS are currently traded on NYSE,
- a maximum of 256,926,766 new common ADS,
- a maximum of 164,402,799 new preferred ADS,
- a maximum of 24,660,419 new preferred ADS in case green shoe options would be exercised.

Operation calendar

- First quotation: July 18, 2008 - From July 21, 2008 to July 23, 2008: Companhia Vale do Rio Doce common ADS and preferred ADS will be traded temporarily under the titles "VALE PROM" and "VALE PREF PROM", - From July 24, 2008: Companhia Vale do Rio Doce common ADS and preferred ADS will be traded under the titles "VALE" and "VALE PREF"

Broker to issue

CREDIT SUISSE
CITI
HSBC
JP MORGAN