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Vale S.A. (NYSE: Vale) announces that its
Executive Board has approved and will submit to the Board of Directors a
proposal for the distribution of a minimum dividend of US$ 4 billion in 2013,
equivalent to US$ 0.776190372 per share for both common and preferred shares
outstanding, to be distributed in two installments, on April 30 and October
31, 2013.
The Board of Directors will evaluate the proposal submitted by the senior
management, regarding each installment, in the meetings scheduled for April 16
and October 17, 2013.
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