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Rio Tinto PLC-Potash Assets & Cia Vale do Rio Doce SA	Update Date: 02/18/09
Date Announced: 01/30/09
Value (million $USD): 850.0 million U.S. Dollar 2.97 billion Argentine Peso

Status: Completed

TRANSACTION DETAILS
Date Announced	01/30/09
Date Originally Announced	01/30/09
Format	Acq. of Assets	Acquisition techniques	Divestiture
Attitude	Friendly	Agency	n/a
Value	850.0 million U.S. Dollar 2.97 billion Argentine Peso	Advisor Fees	n/a

SYNOPSIS
ARGENTINA - Cia Vale do Rio Doce SA (CV) acquired the potash assets, located in the provinces of Mendoza and Neuquen, of Rio Tinto PLC (RT) , an iron, coal and copper mining company, for 2.974 bil Argentine pesos ($850 mil US) in cash. The transaction included the Regina project in the province of Saskatchewan in Canada. Concurrently, CV definitively agreed to acquire the iron assets of RT.

TARGET
Name	Rio Tinto PLC-Potash Assets
Industries	n/a
City	n/a
State	n/a
Nation	Argentina
Incorporated in	n/a
Public Status	Subsidiary
Business Description	Potash assets of Rio Tinto PLC, comprising of the Potasio Rio Colorado (PRC) potash project located in the provinces of Mendoza and Neuqun in Argentina and the Regina project in the province of Saskatchewan in Canada.
Advisors	NULL
Target Sales	n/a

ACQUIROR
Name	Cia Vale do Rio Doce SA (RIO)
Industries	Ferroalloy ores, except vanadium; Miscellaneous metal ores, nec; Gold ores; Copper ores; Local and suburban transit
City	Rio De Janeiro
State	n/a
Nation	Brazil
Incorporated in	n/a
Public Status	Public
Business Description	Cia Vale do Rio Doce SA, located in Rio de Janeiro, is principally an iron mining company that also produces manganese and iron alloys, with further business activities in providing logistics services in Brazil. It also deals with the treatment, transport and exporting of pellets, while also engaging in producing copper, bauxite, kaolin, potash, alumina and aluminum. It has business offices in Canada, Australia, China, Japan, Singapore, South Korea, Switzerland, and its country of domicile, Brazil, where it was established in 1942.
Advisors	NULL
Acquiror Sales	35.43 billion U.S. Dollar 68.24 billion Brazilian Real

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