Allotment of shares by Sesa Goa

29 August 2013

Vedanta Resources Plc

Update on Group Consolidation and Simplification

Sesa Goa Limited

Update on the Scheme of Amalgamation and Arrangement

29 August 2013: Sesa Goa Limited ('Sesa Goa' or the "Company') has today allotted equity shares to the Shareholders of Sterlite Industries (India) Limited ('Sterlite'), The Madras Aluminium Company Limited ('MALCO') and Ekaterina Limited ('Ekaterina') pursuant to the Schemes of Amalgamation and Arrangement as under:

1. To the Shareholders of Sterlite: 194,45,43,741 (One Hundred Ninety Four crores Forty Five lacs Forty Three Thousand Seven Hundred and Forty One) equity Shares of Re. 1/- fully paid up, 3 Sesa Goa shares being issued for every 5 existing Sterlite shares;

2. To the Shareholders of MALCO: 7,87,24,989 (Seven crores Eighty Seven Lacs Twenty Four Thousand Nine Hundred and Eighty Nine) of Re. 1/- each fully paid up, 7 Sesa Goa shares being issued for every 10 existing MALCO shares;

3. To the Shareholders of Ekaterina: 7,23,04,334 (Seven crores Twenty Three Lacs Four Thousand Three Hundred and Thirty Four) of Re. 1/- each fully paid up, 1 Sesa Goa shares being issued for every 25 existing Ekaterina shares.

Consequent to the aforesaid allotments, the paid up equity share capital of the Company stands increased from Rs. 869,101,423 to Rs. 2,964,674,487.

Sesa Goa will apply to the Bombay Stock Exchange and the National Stock Exchange in India (together, the "Indian Stock Exchanges") for listing approval for the new Sesa Goa shares and expects to receive the final listing approval within three to four business days. Thereafter, Sesa Goa will apply to the Indian Stock Exchanges for trading approval for the new Sesa Goa shares and expects to receive the trading approval within a further two to three business days. The new Sesa Goa shares are expected to begin trading on the Indian Stock Exchanges on the next business day in India after trading approval is received.

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About Vedanta Resources plc

Vedanta Resources plc ("Vedanta") is a London listed FTSE 100 diversified global natural resources major. The group produces aluminium, copper, zinc, lead, silver, iron ore, oil & gas and commercial energy. Vedanta has operations in India, Zambia, Namibia, South Africa, Ireland, Liberia, Australia and Sri Lanka. With an empowered talent pool globally, Vedanta places strong emphasis on partnering with all its stakeholders based on the core values of entrepreneurship, excellence, trust, inclusiveness and growth. For more information, please visit www.vedantaresources.com.

Disclaimer

This press release contains "forward-looking statements" - that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should" or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different that those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.