6th Nov 2008 07:01
Dividend Arrangements
Vedanta Resources plc ("Vedanta") announced an interim dividend of US 16.5 cents per Ordinary Share on 6th November 2008 in respect of the six months ended 30 September 2008. The dividend will be paid out in US dollars on 14 January 2009 to those shareholders on the Register on 5 December 2008.
Shareholders may elect to receive the dividend in UK pounds sterling if they wish. The Board has determined that the exchange rate to be applied to convert the dividend into UK pounds will be £0.623 to the US dollar, equating to 10.28 pence per Ordinary Share. This exchange rate is based on the average exchange rate for the five business days prior to the announcement of the Company's interim results on 6 November 2008.
Shareholders wishing to receive their dividends in UK pounds sterling should notify the Company's Registrars by 31 December 2008. The Company's Registrars can also arrange for dividends to be paid direct into shareholders' UK bank accounts. This arrangement will only be available in respect of dividends paid in UK pounds sterling.
The Company's Registrars are Computershare Investor Services PLC and can be contacted at, The Pavilions, Bridgwater Road, Bristol BS99 6ZZ or on telephone number +44 (0) 870 707 1388.
For further information, please contact:
Deepak KumarCompany Secretary Vedanta Resources plc www.vedantaresources.com |
Tel: +44 20 7499 5900 |
Faeth BirchRobin Walker |
Tel: +44 207 251 3801 |
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Vedanta Resources