Vedanta Group Consolidation and Simplification

12 December 2012

Vedanta Resources plc

Vedanta Group Consolidation and Simplification (the "transaction")

Vedanta Resources plc announced the group consolidation and simplification on 25th February 2012. Vedanta continues to believe that the transaction will create value for all stakeholders through the simplification of the group structure, facilitating more efficient and flexible allocation of capital and significant synergies.

The transaction has received approvals of the respective companies' shareholders and various regulatory approvals. Approvals of the High Court of Madras and the High Court of Bombay at Goa are now awaited.

The hearings at the High Court of Madras have been completed and orders are awaited. The hearings at the High Court of Bombay at Goa are in process and the next round of hearing is scheduled to take place in January 2013. Following the receipt of both High Courts' approvals, the record date will be announced to complete the transaction.

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About Vedanta Resources plc

Vedanta Resources plc ("Vedanta") is a London listed FTSE 100 diversified global natural resources major. The group produces aluminium, copper, zinc, lead, silver, iron ore, oil & gas and commercial energy. Vedanta has operations in India, Zambia, Namibia, South Africa, Ireland, Liberia, Australia and Sri Lanka. With an empowered talent pool globally, Vedanta places strong emphasis on partnering with all its stakeholders based on the core values of entrepreneurship, excellence, trust, inclusiveness and growth. For more information, please visit www.vedantaresources.com.

Disclaimer

This press release contains "forward-looking statements" - that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should" or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different that those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.