Vale S.A. : Vale S.A. : Vale proposes payment of dividend to shareholders

  Vale S.A. : Vale S.A. : Vale proposes payment of dividend to shareholders

  Vale proposes payment of dividend to shareholders

Rio de Janeiro, April 01, 2013 -  Vale S.A. (Vale) informs that its  Executive 
Board has approved and will submit to the Board of Directors the proposal  for 
payment of the first installment of the minimum dividend of US$ 2.250 billion,
as publicly announced on January 28, 2013, equal to US$ 0.436607084 per common
or preferred share in circulation, as of February 28, 2013 (5,153,374,926).

The proposal will be submitted for approval  to the Board of Directors in  the 
meeting scheduled for  April 16,  2013 and, if  approved, the  payment of  US$ 
2.250 billion will be made  on April 30, 2013.  The amount in Brazilian  reais 
will be computed using the Brazilian real/US dollar exchange rate (Ptax-Option
5) published by the Central Bank of Brazil on April 15, 2013.

Once the proposal is approved by the Board, all investors who hold Vale shares
at the record dates will  have the right to  the dividend payment. The  record 
date for the owners of shares traded on the BM&FBovespa is April 16, 2013. The
record date for  the holders of  ADRs traded  on the New  York Stock  Exchange 
(NYSE) and Euronext Paris is April 19, 2013 Eastern Standard Time and for  the 
holders of HDRs traded on the Hong Kong Stock Exchange (HKEx) is at the  close 
of the business day in Hong Kong on April 19, 2013.

Vale shares will be traded ex-dividend on BM&FBovespa, NYSE and Euronext Paris
as of April 17, 2013 and on the HKEx as of April 18, 2013.


                                      For further information, please contact:


                     Roberto Castello Branco:

                                 Viktor Moszkowicz:

                                    Carla Albano Miller:

                                         Andrea Gutman:

                         Christian Perlingiere:

                                      Marcelo Correa:

                                    Marcio Loures Penna:

                                         Samantha Pons:


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 Exchange 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.

Vale proposes payment of dividend to shareholders


This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
information contained therein.

Source: Vale S.A. via Thomson Reuters ONE
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