Appointment of Non-executive Director



Vedanta Resources plc appoints Deepak Parekh as a Non-executive Director

Vedanta Resources plc ("Vedanta" or the "Company") today announces that Deepak Parekh has been appointed as an independent Non-Executive Director on the Company's Board with effect from 1 June 2013.

Deepak Parekh is a Chartered Accountant from the Institute of Chartered Accountants in England and Wales (ICAEW). He began his career at Ernst & Young Management Consultancy Services in New York. In 1978 he joined Housing Development Finance Corporation (HDFC) Limited, India's premier housing finance company. He held various senior roles within the organisation playing a key role in transforming HDFC into India's premier housing finance company. He became Chairman in 1993, and is currently its Non-Executive Chairman.  

Mr Parekh also serves on the board of a number of leading corporations across a diverse range of sectors. He is the Non-Executive Chairman of Glaxosmithkline Pharmaceuticals Limited and Siemens India Limited and a non-executive director of Lafarge SA in France, DP World Limited in the UAE and Mahindra & Mahindra Limited.

Commenting on his appointment, Anil Agarwal, Vedanta's Chairman, said "I am very pleased that Deepak Parekh is joining the Vedanta Board. He has an excellent track record and has extensive board experience. I very much look forward to working with him. Mr Parekh is our second appointment to the Board in the past year, demonstrating our focus on maintaining world class governance at Vedanta".

Additional Information:

There is no further information to be disclosed in accordance with paragraph 9.6.13 of the Listing Rules of the UK Listing Authority.