16th May 2007 07:03
Vedanta Resources PLC16 May 2007 Dividend Arrangements The Board of Directors of Vedanta Resources plc (the "Company") recommended afinal dividend of US 20 cents per Ordinary Share on 15 May 2007 in respect ofthe year ended 31 March 2007. Subject to the approval of shareholders at theCompany's Annual General Meeting to be held on 1 August 2007, the final dividendwill be paid out in US dollars on 16 August 2007 to those shareholders on theRegister on 13 July 2007. 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 £0.504 to the US dollar, equating to 10.08pence 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 16 May 2007. Shareholders wishing to receive their dividends in UK pounds sterling shouldnotify the Company's Registrars by 2 August 2007. The Company's Registrars canalso arrange for dividends to be paid direct into shareholders' UK bankaccounts. This arrangement will only be available in respect of dividends paidin UK pounds 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: Deepak Kumar [email protected] SecretaryVedanta Resources plc Tel: +44 20 7499 5900 Faeth Birch Tel: +44 20 7251 3801Robin WalkerFinsbury This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Vedanta Resources