Vedanta Resources Plc

Corporate Presentation

September 2015

Cautionary Statement and Disclaimer

The views expressed here may contain information derived from publicly available sources that have not been independently verified.

No representation or warranty is made as to the accuracy, completeness, reasonableness or reliability of this information. Any forward

looking information in this presentation including, without limitation, any tables, charts and/or graphs, has been prepared on the basis

of a number of assumptions which may prove to be incorrect. This presentation should not be relied upon as a recommendation or

forecast by Vedanta Resources plc ("Vedanta"). Past performance of Vedanta cannot be relied upon as a guide to future performance.

This presentation 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,' or 'will.' Forwardlooking 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 environmental, climatic, natural, 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.

This presentation is not intended, and does not, constitute or form part of any offer, invitation or the solicitation of an offer to

purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities in Vedanta or any of its subsidiary undertakings

or any other invitation or inducement to engage in investment activities, nor shall this presentation (or any part of it) nor the fact of its

distribution form the basis of, or be relied on in connection with, any contract or investment decision.

2VEDANTA RESOURCES PLC CORPORATE PRESENTATION

Management Team

VEDANTA RESOURCES PLC CORPORATE PRESENTATION

Management team

Tarun JainDirector,

Vedanta Ltd

DD JalanChief Financial

Officer

Dilip GolaniGroup Director,

Management

Assurance and

Information

Technology

M SiddiqiGroup Director,

Projects

Roma BalwaniPresident, Group

Sustainability ,

CSR and

Communications

Rajesh

PadmanabhanPresident and

Group Chief

Human Resources

Officer

Executive Directors

Anil

AgarwalGroup Chairman

Navin

AgarwalExecutive Vice

Chairman

Tom

AlbaneseChief Executive

Officer

Mukesh BhavnaniGroup Legal Counsel

and Chief

Compliance Officer

Akhilesh JoshiPresident,

Global Zinc

Business

R Kishore

KumarChief Executive

Officer,

Iron Ore Business

Steven DinChief Executive

Officer and

Director, Konkola

Copper Mines

Abhijit PatiChief Executive

Officer,

Aluminium

Business

Mayank AsharManaging Director

and Chief

Executive Officer,

Cairn India Ltd

3

Sunil DuggalChief Executive

Officer,

Hindustan Zinc Ltd

Our History

VEDANTA RESOURCES PLC CORPORATE PRESENTATION

1979

Sterlite Cables Ltd. acquires ShamsherSterling Corporation and becomes SterliteIndustries Ltd.

1986

SterliteIndustries Ltd. holds an initial public offering

1988

Sterlite Industries Ltd. commissions first privately developed copper smelter in India

1997

Sterlite Industries Ltd. acquires Copper Mines of Tasmania and Thalanga Copper Mines

1999

SterliteIndustries Ltd. acquires a 51% stake in BALCO

2001

Sterlite Industries Ltd. acquires a 26% stake in Hindustan Zinc Ltd. and a further 20% interest through an open market offer

2002

Vedanta Resources becomes the first Indian company to be listed on the London Stock Exchange

2003

Vedanta Resources acquires a 51% stake in KonkolaCopper Mines in Zambia

2004

Vedanta Resources acquires a 51% controlling stake in Sesa Goa Ltd.

2007

Vedanta Resources acquires Anglo Americans portfolio of zinc assets

2010

Vedanta Resources acquires a 58.5% controlling stake in Cairn India

2011

Merger of SterliteIndustries Ltd. and Sesa Goa to create Sesa Sterlite Ltd.

2013

Anil Agarwal acquires ShamsherSterling Corporation

2015

Sesa Sterlite Ltd. changed its name to Vedanta Ltd.

Vedanta Resources Plc announced the merger of its subsidiaries Vedanta Ltd and Cairn India Ltd.

4

Strategic Framework

5

Core Purpose Strategy PrioritiesGreater Value for

Shareholders

VEDANTA RESOURCES PLC CORPORATE PRESENTATION

Vedanta is a global diversified natural resources company with low cost operations, a world class portfolio of assets and a

premium listing on the London Stock Exchange

To deliver growth, long-term

value and sustainable

development through a

diversified portfolio of large,

long-life, low-cost assets.

Production growth and

operational excellence, with

a focus on returns

Reduce gearing and improve

free cash flow

Continue to add reserves and

resources in existing

portfolio of assets to drive

long-term value

Simplify Group structure

through consolidation

Protect and preserve our

licence to operate

To be a world-class,

diversified resources

company, providing superior

returns to shareholders with

high-quality assets, low-cost

operations and sustainable

development.

Group Structure

Konkola

Copper

Mines (KCM)

Vedanta

Resources Plc

Zinc India

(HZL)

Australian

Copper Mines

Vedanta Ltd

Cairn India

Sesa Goa Iron Ore

Sterlite Copper

Power

Aluminium

Divisions of Vedanta Ltd

Talwandi

Sabo

Power

(1,980 MW)

MALCO

Power

(100 MW)

Skorpion &

Lisheen -100%

BMM -74%

Bharat

Aluminium

(BALCO)

Western Cluster

(Liberia)

Note: Shareholding based on basic shares outstanding as of 30 June 2015.

VEDANTA RESOURCES PLC CORPORATE PRESENTATION 6

79.4% 62.9%

51% 100%64.9%59.9%

option to increase

stake to 94.4%

Subsidiaries of Vedanta Ltd

100% 100% 100%100%

option to increase

stake to 100%

On 14 June 2015, Vedanta Resources plc announced a merger between Vedanta Limited and Cairn India Limited as part of the Groups structure simplification process. This above structure reflects group structure before the merger. The merger is expected to close in the first quarter of 2016 and post the merger Vedanta Resources plc will own a 50.1% stake in Vedanta Limited. For further details on this please refer to our website www.vedantaresources.com

http://www.vedantaresources.com/

Global Footprint

VEDANTA RESOURCES PLC CORPORATE PRESENTATION

23. Lisheen mine, Ireland

24. Mt Lyell mine, Australia

23

25. Iron Ore project, Liberia

26. Konkola and Nchanga copper mines & Nchanga smelter, Zambia

27. Konkola and Nchanga copper mines & Nchanga smelter, Zambia

28. Skorpion mine, Namibia

29. Black Mountain mine, South Africa

30. South Africa Block 1

25

27

28

30

24

7

61%10%

9%

5%

9%

2%1% 3%

Revenue by Geography, FY 2015

India

China

Middle East

Europe

Far East others

Africa

Asia others

Others

10 10

11

19

17

13

1313

12

14

14

6

15

15

5

1

43

2

20

20

8

9

7

21

18

16

22Zinc-Lead-Sliver

Oil & Gas

Iron Ore

Copper

Aluminium

Power

Projects under

development/commissioning

Captive thermal power plant

1. Debari smelter

2. Chanderiya smelters

3. Rampura Agucha mine

4. Rajpura Dariba mine & smelters

and Sindesar Khurd mine

5. Zawar mine

6. Talwandi Sabo power project

7. Silvassa refinery

8. Iron ore operations Goa

9. Iron ore operations Karnataka

10. Tuticorin smelter

11. MALCO power plant

12. Lanjigarh alumina refinery

13. Jharsuguda smelters & power plants

14. Korba smelters & power plants

15. Rajasthan block

16. Ravva (PKGM-1) block

17. KG-ONN-2003/1 block

18. KG-OSN-2009/3 block

19. PR-OSN-2004/1 block

20. Cambay (CB/052) block

21. MB-DWN-2009/1 block

22. SL 2007-01-001 block

26

29

Diversified and Low-cost Asset Portfolio

Competitive Position on Global Cost Curve

39%

37%

11%

4%

7%1%

Oil & Gas

Zinc

Aluminium

Power

Copper

Iron Ore

Diversified mix