3rd Jun 2005 09:56
Vedanta Resources PLC03 June 2005 3 June 2005 Dividend Arangements The Board of Directors of Vedanta Resources plc (the "Company") recommended afinal dividend of US 11.55 cents per Ordinary Share on 2 June 2005 in respect ofthe year ended 31 March 2005. Subject to the approval of shareholders at theCompany's Annual General Meeting to be held on 3 August 2005, the final dividendwill be paid out in US dollars on 19 August 2005 to those shareholders on theRegister on 22 July 2005. Shareholders may elect to receive the dividend in UK pounds sterling if theywish. The Board has determined that the exchange rate to be applied to convertthe dividend into UK pounds will be £0.550 to the US dollar, equating to 6.3525pence per Ordinary Share. This exchange rate is based on the average exchangerate for the five business days prior to the announcement of the Company'sresults on 2 June 2005. Shareholders wishing to receive their dividends in UK pounds sterling shouldnotify the Company's Registrars by 5 August 2005. The Company's Registrars canalso arrange for dividends to paid direct into shareholders' UK bank accounts.This arrangement will only be available in respect of dividends paid in UKpounds sterling. The Company's Registrars are Computershare Investor Services PLC and can becontacted at PO Box 82, The Pavilions, Bridgwater Road, Bristol BS99 7NH or ontelephone number +44 (0) 870 702 0000. For further information, please contact: Peter Sydney Smith, Finance Director Tel: +44 20 7499 5900John Smelt, Head of Investor Relations Tel: +44 787 964 2675Vedanta Resources plcwww.vedantaresources.comJames Murgatroyd Tel: +44 207 251 3801Robin Walker This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Vedanta Resources