Webcast Alert: Vale Announces 3rd Quarter 2008 Results Webcast on October 24

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Thu Oct 23, 2008 3:00pm EDT 

RIO DE JANEIRO, Brazil, Oct. 23 /PRNewswire-FirstCall/ -- Vale (NYSE: RIO)
(BOVESPA: VALE5) (VALE) announces the following Webcast:
    What:     Vale 3rd Quarter 2008 Results

    When:     Friday, October 24, 2008 at 10:00 AM ET

    Where:    http://prnewswire.isat.com.br/Entrada.asp?Palestra_ID=400

    How:      Live over the Internet -- Simply log on to the web at the
              address above.

    Contact:  Valeria Gomes, Vale, + 55 21 3814-4540, or e-mail, rio@vale.com

    If you are unable to participate during the live webcast, the call will be
archived at http://www.vale.com .  To access the replay, click on Investor
Relations Section.
    Companhia Vale do Rio Doce - Vale is the largest diversified mining
company in the Americas and the second largest company in the global metals &
mining industry, with an average market capitalization of approximately US$
131 billion in the third quarter of 2008. Vale shares are traded on the New
York Stock Exchange - NYSE (RIO and RIOPR), on the Euronext Paris (Vale3 and
Vale5), on the BOVESPA (Vale3 and Vale5) and on Latibex (XVALP and XVALO). The
ADR depositary agent is JP Morgan Chase. Vale is the world's largest producer
and exporter of iron ore and pellets, the world's second largest producer of
nickel  and one of the leading producers of manganese and ferro-alloys. It
also produces coal, copper, bauxite, kaolin, potash, alumina and aluminum.
Vale is the largest logistics service provider in Brazil, where it owns and
operates a series of railroads and ports.
SOURCE  Vale

Valeria Gomes, Vale, +011-5521-3814-4540, rio@vale.com
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