VALE S A

Ticker: VALE CUSIP: 91912E105 Class: SPONSORED ADS

Estabrook Capital Management's Holding History (CIK: 0001344717)

Note: Option positions (PUT/CALL) are excluded.

Q3 2013

Shares 1,200 Value ($000) $18,732 Avg Close — Range —

Q2 2013

Shares 1,200 Value ($000) $15,780 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2013	1,200	$18,732	—	—
Q2 2013	1,200	$15,780	—	—