Co.Vale do Rio Doce - Rule 2.10 Announcement - Vale

RNS Number:2567M
Companhia Vale do Rio Doce
22 January 2008

Companhia Vale do Rio Doce

22 January 2008

For immediate release

22 January 2008

Disclosure in accordance with Rule 2.10 of the U.K. City Code

Relevant securities in issue

Companhia Vale do Rio Doce ("Vale") announces, in accordance with Rule 2.10 of
the U.K. City Code on Takeovers and Mergers, that as at the close of business on
21 January 2008 it had the following securities in issue (excluding any common
and preferred class A shares held in treasury):

• 2,999,797,716 common shares of no par value per share ("common
shares"). ISIN BRVALEACNOR0*

• 1,919,516,400 preferred class A shares, no par value per share
("preferred shares"). ISIN BRVALEACNPA3 **

• US$ denominated 5.50% mandatorily convertible notes 2010 totalling
US$1,295,732,300 in aggregate. ISIN US 9192C2089

• US$ denominated 5.50% mandatorily convertible notes 2010 totalling
US$584,538,350 in aggregate. ISIN US 91912C3079

* The ISIN for the common shares represented by the Vale American Depositary
Receipts each representing one common share of Vale is US2044122099

** The ISIN for the preferred shares represented by the Vale American Depositary
Receipts each representing one preferred share of Vale is US2044121000

Dealing Disclosure Requirements

Under the provisions of Rule 8.3 of the U.K .City Code on Takeovers and Mergers
(the "Code"), if any person is, or becomes, "interested" (directly or
indirectly) in 1% or more of any class of "relevant securities" of Vale or
Xstrata plc (the "Company"), all "dealings" in any "relevant securities" of that
company (including by means of an option in respect of, or a derivative
referenced to, any such "relevant securities") must be publicly disclosed by no
later than 3.30pm (London time) on the London business day following the date of
the relevant transaction. This requirement will continue until the date on
which the offer becomes, or is declared, unconditional as to acceptances, lapses
or is otherwise withdrawn or on which the "offer period" otherwise ends. If two
or more persons act together pursuant to an agreement or understanding, whether
formal or informal, to acquire an "interest" in "relevant securities" of Vale or
the Company, they will be deemed to be a single person for the purpose of Rule
8.3.

Under the provisions of Rule 8.1 of the Code, all "dealings" in "relevant
securities" of Vale by the Company or of the Company by Vale or the Company, or
by any of their respective "associates", must be disclosed by no later than
12.00 noon (London time) on the London business day following the date of the
relevant transaction. A disclosure table, giving details of the companies in
whose "relevant securities" "dealings" should be disclosed, and the number of
such securities in issue, can be found on the Takeover Panel's website at
www.thetakeoverpanel.org.uk.

"Interests in securities" arise, in summary, when a person has long economic
exposure, whether conditional or absolute, to changes in the price of
securities. In particular, a person will be treated as having an "interest" by
virtue of the ownership or control of securities, or by virtue of any option in
respect of, or derivative referenced to, securities.

Terms in quotation marks are defined in the Code, which can also be found on the
Takeover Panel's website. If you are in any doubt as to whether or not you are
required to disclose a "dealing" under Rule 8, you should consult the Takeover
Panel.

This information is provided by RNS
The company news service from the London Stock Exchange
END

RTTPUUWPGUPRURP