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VALE OBTAINS NEW FAVORABLE LEGAL DECISION IN TAX-RELATED LEGAL PROCEEDINGS

10-05-2012

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Vale informs that it obtained a favorable ruling of the Supreme Court (STF), suspending the effects of a prior ruling of the Regional Federal Court of the 2nd Region (TRF2), relating to the taxation on profits of our non-Brazilian subsidiaries and affiliates. This new ruling suspends all the payment demands that have been asserted, and consequently also the requirement to post bond to continue contesting the assessments.