31.07.2007 23:00:00

Companhia Vale do Rio Doce Announces Second Quarter 2007 Results Webcast

RIO DE JANEIRO, Brazil, July 31 /PRNewswire-FirstCall/ -- Companhia Vale do Rio Doce (BOVESPA: VALE5 ) (CVRD) announces the following Webcast:

What: Companhia Vale do Rio Doce Second Quarter 2007 Results Conference Call When: Wednesday, August 1, 2007 @ 11:00 AM EDT; 4:00 PM (London time); 12:00 PM (Brasilia time) Where: http://prnewswire.isat.com.br/Entrada.asp?Palestra_ID=124 How: Live over the Internet -- Simply log on to the web at the address above. Contact: Gabriela Ferreira, Companhia Vale do Rio Doce, +55-21-3814-4540, or e-mail, rio@cvrd.com.br

If you are unable to participate during the live webcast, the call will be archived at http://www.cvrd.com.br/ . To access the replay, click on the Investor Relations Section.

Companhia Vale do Rio Doce, (CVRD) is the largest diversified mining company in the Americas and the second-largest company in the global metals & mining industry, with a market capitalization of approximately US$ 115 billion. CVRD shares are traded on the New York Stock Exchange - NYSE (RIO and RIOPR), on the BOVESPA (Vale3 and Vale5) and on the Latibex (XVALP and XVALO). The ADR depositary agent is JP Morgan Chase. CVRD is the world's largest producer and exporter of iron ore and pellets, the world's second- largest nickel producer and one of the leading producers of manganese and ferro-alloys. It also produces copper, bauxite, kaolin, potash, alumina and aluminum. CVRD is the largest logistics service provider in Brazil, where it owns and operates a series of railroads and ports.

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