Vale and Sustainability in Vale and Sustainability in

Urban Mining OperationsUrban Mining Operations

1. Mission and company overview

2. Key social challenges in mining

3. Infrastructure, public management, and human and economic development

SummarySummary

Our MissionOur Mission

““To transform mineral To transform mineral resources into prosperity resources into prosperity

and sustainable and sustainable development”development”

““To transform mineral To transform mineral resources into prosperity resources into prosperity

and sustainable and sustainable development”development”

For our shareholdersFor our shareholders

For our customersFor our customers

For our employeesFor our employees

For our suppliersFor our suppliers

For our communities and countries where we operateFor our communities and countries where we operate

Activities in Mining,

Logistics and Energy

# 1 in total shareholder return

Social Responsibilityin every action

Market cap grew 16 fold

between 2001-2009

Present in over 30 countries

92,100employees and

permanent contractors

VALE AT A GLIMPSE – Pioneering mining company that works with passion, transforming mineral resources into essential components of people’s everyday lives.

Vale’s operations around the worldVale’s operations around the world

LOCAL SUSTAINABLE DEVELOPMENT

Considering that Vale:

- Has a strong relation with the soil;

- Generates positive and negative social, environmental and economic impacts;

- Remains for a long time in each region it operates.

Considering that Vale:

- Has a strong relation with the soil;

- Generates positive and negative social, environmental and economic impacts;

- Remains for a long time in each region it operates.

The territorial dimension of the sustainable development

Strategic

CREATING A POSITIVE LEGACY

To Vale, sustainable development is achieved when our businesses provide value to our shareholders and establish a positive social, economic and environmental legacy in the territories where we operate.

Minerals

VALE’S MISSION

Vale is present in territories stricken by social vulnerabilities:•Low public system efficiency in health, education and safety areas;

•Infrastructure deficits;

•Local manpower and supplier skill set substandard;

•High rate of informal employment;

•Demographic pressure to search for new employment opportunities.

Vale is present in territories stricken by social vulnerabilities:•Low public system efficiency in health, education and safety areas;

•Infrastructure deficits;

•Local manpower and supplier skill set substandard;

•High rate of informal employment;

•Demographic pressure to search for new employment opportunities.

Transform Mineral Resources into Wealthand Sustainable Development

Mining brings opportunities to the territories:•Economic Investment;

•Tax Revenues;

•Employment, Wage effect, Salary Mass;

•Local acquisitions.

Mining brings opportunities to the territories:•Economic Investment;

•Tax Revenues;

•Employment, Wage effect, Salary Mass;

•Local acquisitions.

SUSTAINABLE DEVELOPMENT: THE BIG CHALLENGE

COMMITMENT TO THE DEVELOPMENT OF TERRITORIES WHERE VALE IS PRESENT

QUALIFY PRIVATE SOCIAL INVESTMENT AND SEEK INTEREST CONVERGENCE

QUALIFY PRIVATE SOCIAL INVESTMENT AND SEEK INTEREST CONVERGENCE

Enable social and economic developmentEnable social and economic development

Construct strategic alliances between State, Society and Company for structuring initiatives

Construct strategic alliances between State, Society and Company for structuring initiatives

Go beyond venture impact managementGo beyond venture impact management

Contributes to

Contributes to

Private Investment Economic Growth

Sustainable Private Investment Socioeconomic Development

CREATION OF A PUBLIC PRIVATE SOCIAL PARTNERSHIP - PPSP

CONVERGENT VISION FOR SUSTAINABLE TERRITORIAL DEVELOPMENT

INTEGRATED MANAGEMENT

PLANS

SOCIOECONOMIC DIAGNOSTICS

STRUCTURING ACTIONS

MONITORING AND EVALUATION

SOCIAL DIALOGUE – INTERSECTORAL PARTNERSHIPSPublic Sector + Civil Society + Private Sector

SOCIAL DIALOGUE – INTERSECTORAL PARTNERSHIPSPublic Sector + Civil Society + Private Sector

HOW WE OPERATE

Impact Management Positive and Negative

Impact Management Positive and Negative

Support to Public Management

Support to Public Management

Infrastructure and Housing

Infrastructure and Housing

Human and Economic Development

Human and Economic Development

PARAGOMINAS: USD 22.2 M for housing – Project cost (seed money): USD 444 K

OURILÂNDIA DO NORTE: USD 13.11 M (USD 33.3M to obtain) for sewage

Project cost (seed money): USD 194K

PARAUAPEBAS: USD 66.6 M for sewage (Support and articulation for obtaining process)

MARABÁ: USD 22.2 M for housing (Support and articulation for obtaining process)

Vale Foundation accumulated investment:USD 12.1 M in

72 projectsin order to raise USD 437.5 M in Federal funds

USD 124.2 M already transferred to 4 cities:

INFRASTRUCTURE 2008 / 2009

Objective: to help the deficit reduction of urban and housing infrastructure in the cities where Vale operates by developing executive engineering projects to raise federal funds.

Objective: to help the deficit reduction of urban and housing infrastructure in the cities where Vale operates by developing executive engineering projects to raise federal funds.

AÇÃO SAÚDE – HEALTH CARE ACTIONReducing child mortality 2 cities of Maranhão State

PARTNERS:CANAL FUTURA AND FIOCRUZ

PARTNER: CEDAC

AÇÃO EDUCAÇÃO – ACTION IN EDUCATIONImproving public education management16 cities of Maranhão

HR MANAGEMENT AND STRATEGIC PLANNINGPayroll systematization and strategic planning of Abaetetuba - Pará

URBAN CLEANING PLANBidding process development Garbage collection and disposalDevelopment of collecting system and sanitary landfill in Marabá

PUBLIC SECURITY

• Security hotline in Parauapebas - Pará

• Slums urbanization Parauapebas - Pará

Investment: USD 237.2 K

Investiment:USD 168.3 K

PUBLIC MANAGEMENT SUPPORT

Objective: to help counties improve public management, give more transparency to tax

revenues, focus resources from mining taxes to reduce deficits of infrastructure,

housing and the improvement of public services; support land ownership legalization

and urban order.

Objective: to help counties improve public management, give more transparency to tax

revenues, focus resources from mining taxes to reduce deficits of infrastructure,

housing and the improvement of public services; support land ownership legalization

and urban order.

ESCOLA QUE VALE

VALE SCHOOLContinuous education and

training for teachers

VALE ALFABETIZARVALE LITERACY

Adults and young adults education

NOVAS ALIANÇASNEW ALLIANCES

Structuring Children and Adolescents' Councils

PARTNER: CEDAC

PARTNER: ALFASOL

PARTNER: OFICINA DE IMAGENS

Investment:

USD 2.751M Participants:

172.420 people(2000-2009)

Investment:

USD 1.192 M Participants:

120.000 people (2003-2009)

Investment:

USD 194 K Participants:

1.051 people (2007-2009)

PUBLIC MANAGEMENT SUPPORT

HUMAN AND ECONOMIC DEVELOPMENT - KNOWLEDGE STATIONS

Strategic Alliances among Vale,

the Local Government, Civil Society

and the Private Sector.

The Knowledge Stations offer opportunity to thousands of people: each

centre will benefit around 1.500 children and youngsters and will help build

a legacy of standardized and institutionalized knowledge for the

community.

The Knowledge Stations offer opportunity to thousands of people: each

centre will benefit around 1.500 children and youngsters and will help build

a legacy of standardized and institutionalized knowledge for the

community.

The investments on human and economic development are made through the

Knowledge Stations that promotes professional, sportive, cultural and

economic activities.

The investments on human and economic development are made through the

Knowledge Stations that promotes professional, sportive, cultural and

economic activities.

Educational Center

Processing and Commercialization

Center

Technology Reference Center

Permanent Technical Support

Organizing Business Processes

Programs/Descentralized actions

Programs/Actions centralized in the Knowledge Stations

Sports

Cultural Activities

Citizenship

KNOWLEDGE STATION – AXES OF ACTION

Thank you!

Vania Somavilla

Director of Environment and Sustainable Development

vania.somavilla@vale.com

Silvio Vaz

Director of the Vale Foundation and of the Department of Social Responsibility and Regional Communications

silvio.vaz@vale.com

Liesel Filgueiras

General Manager for Corporate Social Responsibility

liesel.filgueiras@vale.com