� Rio de Janeiro, October 02, 2013 - Vale S.A.

(Vale) informs that its Executive Board has approved and will submit to the Board of Directors the proposal for payment of the second installment of the minimum dividend of US$ 1.750 billion, as publicly announced on January 28, 2013, and an additional dividend of US$ 500 million.

Thus, the proposal entails a distribution of US$ 2.250 billion, equal to US$ 0.436607084 per common or preferred share in circulation as of August 31, 2013 (5,153,374,926).

� The proposal will be submitted for approval to the Board of Directors in the meeting scheduled for October 17, 2013 and, if approved, the payment of US$ 2.250 billion will be made as of October 31, 2013.

The amount in Brazilian reais will be computed using the Brazilian real/US dollar exchange rate (Ptax-Option 5) published by the Central Bank of Brazil on October 16, 2013.

� Once the proposal is approved by the Board, all investors who hold Vale shares at the record dates will have the right to the dividend payment.

The record date for the owners of shares traded on the BM&FBovespa is October 17, 2013.

The record date for the holders of ADRs traded on the New York Stock Exchange (NYSE) and Euronext Paris is October 22, 2013 Eastern Standard Time and for the holders of HDRs traded on the Hong Kong Stock Exchange (HKEx) is at the close of the business day in Hong Kong on October 22, 2013.

� Vale shares will be traded ex-dividend on BM&FBovespa, NYSE and Euronext Paris as of October 18, 2013 and on the HKEx as of October 21, 2013. � If the proposal is approved by the Board of Directors Vale will have distributed to its shareholders US$ 4.5 billion in 2013 - including the first tranche of minimum dividend paid as of April 30.��