15th May 2008 10:00
Dividend Arrangements
Vedanta Resources plc ("Vedanta") announced a final dividend of US 25 cents per Ordinary Share on 15 May 2008 in respect of the twelve months ended 31 March 2008. The dividend will be paid out in US dollars on 14 August 2008 to those shareholders on the Register on 11 July 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 £0.5125 to the US dollar, equating to 12.81 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 final results on 15 May 2008.
Shareholders wishing to receive their dividends in UK pounds sterling should notify the Company's Registrars by 31 July 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 PO Box 82, The Pavilions, Bridgwater Road, Bristol BS99 7NH or on telephone number +44 (0) 870 702 0000.
For further information, please contact:
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Deepak Kumar Company Secretary Vedanta Resources plc www.vedantaresources.com
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Tel: +44 20 7499 5900 |
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Faeth Birch Robin Walker Finsbury Group |
Tel: +44 207 251 3801
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Related Shares:
Vedanta Resources