REVISED NAME – CVRD Inco to go forward

TORONTO - Shareholders have approved the last details of the amalgamation of INCO LIMITED and COMPANHIA VALE DO RIO DOCE (CVRD). Following the final share exchange the entity will be known as CVRD INCO LIMITED, and the old Inco shares will be delisted from the exchange. Former Inco shareholders will receive a cash payment equal to $86 per Inco common share they originally held.

The familiar website www.Inco.com remains active and contains details of the transaction.