Exhibit 17.1
Guarantors and Issuers of Guaranteed Securities
Each of the following securities issued by Vale Overseas Limited, a wholly owned subsidiary of Vale S.A., is unconditionally and fully guaranteed by Vale S.A.:
| - | 3.750% Guaranteed Notes due 2030 |
| - | 6.125% Guaranteed Notes due 2033 |
| - | 8.250% Guaranteed Notes due 2034 |
| - | 6.875% Guaranteed Notes due 2036 |
| - | 6.875% Guaranteed Notes due 2039 |
| - | 6.400% Guaranteed Notes due 2054 |