10/18/2017 Notice to Shareholders
(World News Brazil)

VALE S.A. Public Company CNPJ/MF No. 33.592.510/0001-54 NOTICE TO SHAREHOLDERS We hereby inform the Shareholders and the market in general, in addition to the information disclosed in the Material Facts of August 18 and 24, 2017, that approval was given, at the Extraordinary Shareholders` Meeting of Vale SA ("Vale" or "Company") held on October 18, 2017 and at the Special Shareholders Meeting held on October 18, 2017 ("Meetings"), for the proposed conversion of all Class "A" preferred shares into common shares of the Company, in the proportion of 0.9342 common share for each class "A" preferred share ("Conversion of the Remaining...