Prepared and filed by St Ives Burrups

United States
Securities and Exchange Commission

Washington, D.C. 20549


Report of Foreign Private Issuer
Pursuant To Rule 13a-16 or 15d-16

of the
Securities Exchange Act of 1934

For the month of

October 2003

Valley of the Rio Doce Company
(Translation of Registrant’s name into English)

Avenida Graça Aranha, No. 26
20005-900 Rio de Janeiro, RJ, Brazil

(Address of principal executive office)

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)

(Check One) Form 20-F      Form 40-F

(Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)

(Check One) Yes      No

(If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b). 82-       .)

CVRD - 3Q03 Analyst Meetings

Rio de Janeiro, October 24, 2003 - Companhia Vale do Rio Doce (CVRD) will host analyst meetings in Brazil to discuss the 3Q03 results, as follows:

December 03 - Wednesday, at 5:00 p.m.
JW Marriott Hotel Rio de Janeiro

Av. Atlântica 2,600
room Wayana
Rio de Janeiro

APIMEC São Paulo
December 04 - Thursday, at 8:30am, breakfast
Renaissance São Paulo Hotel

Alameda Jaú 1,620
room Amazônia
Cerqueira Cesar
São Paulo

APIMEC Brasília
December 10 - Wednesday, at 1:00 p.m., lunch
Clarion Suites Bonaparte Hotel

SHS Quadra 02, Bloco J
room Ouro

APIMEC Sul – Porto Alegre
December 16 - Tuesday, at 5:45 p.m.
Sheraton Porto Alegre Hotel

Rua Olavo Barreto Viana 18
room Mercosul
Moinhos de Vento
Porto Alegre


For further information, please contact:
Roberto Castello Branco: +55-21-3814-4540
Barbara Geluda: +55-21-3814-4557
Daniela Tinoco: +55-21-3814-4946
Eduardo Mello Franco: +55-21-3814-9849
Rafael Azevedo: +55-21-3814-4700
Rafael Campos: +55-21-3814-4353

This press release may contain statements that express management’s expectations about future events or results rather than historical facts. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements, and CVRD cannot give assurance that such statements will prove correct. These risks and uncertainties include factors: relating to the Brazilian economy and securities markets, which exhibit volatility and can be adversely affected by developments in other countries; relating to the iron ore business and its dependence on the global steel industry, which is cyclical in nature; and relating to the highly competitive industries in which CVRD operates. For additional information on factors that could cause CVRD’s actual results to differ from expectations reflected in forward-looking statements, please see CVRD’s reports filed with the Brazilian Comissão de Valores Mobiliários and the U.S. Securities and Exchange Commission.


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

/s/ Fabio de Oliveira Barbosa
    Fabio de Oliveira Barbosa
    Chief Financial Officer
Date: October 27, 2003