Vale S A

DEUTSCHE BANK AG\ VALE

Report date

3/31/2014

Quarter

2014 Q1

Filed

5/15/2014

Shares

3,319,357

Value ($000)

41,324

Weight

0.0%

2014 Q1 - 2014 Q1 (1 filings)

Shares History

History scope: non-option holdings only (PUT/CALL rows excluded).

All 13F Holders	Filing date	Value ($000s)	% of Holdings	Shares	Reporting period
2014 Q1	5/15/2014	41,324	0.0%	3,319,357	3/31/2014