Vale pays semi-annual remuneration on its Shareholder Debentures
Vale informs that it will pay the semi-annual remuneration on its shareholder debentures (debentures) of R$ 0.028242528 per debenture, amounting to a total of R$ 10,973,889.92, to debenture holders with position registered on the SND – Módulo Nacional de Debêntures (National Debentures Module) and Banco Bradesco S.A., on September 30, 2011 (record date).
The funds will be paid on Monday, October 3, 2010, through CETIP S.A. – Balcão Organizado de Ativos e Derivativos and Banco Bradesco S.A.
A withholding income tax will be charged on the amount to be paid to debenture holders, at the same rate applicable to fixed income investments. The tax rate will vary according to each investor individual situation, with the exception of those who can provide legal, unequivocal, proof that they are tax exempt.
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