Vale Results Presentation Deck
Disclaimer
"This presentation may include statements that present Vale's expectations about future events or
results. All statements, when based upon expectations about the future 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; (e) global competition in the
markets in which Vale operates; and (f) the estimation of mineral resources and reserves, the exploration
of mineral reserves and resources and the development of mining facilities, our ability to obtain or renew
licenses, the depletion and exhaustion of mines and mineral reserves and resources. 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) 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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