Investor Presentaiton
"This presentation 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."
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