This announcement contains inside information within the meaning of
Regulation (EU) No 596/2014 of 16 April 2014 on market abuse.

LONDON–(BUSINESS WIRE)–Vedanta Resources plc (the “Company” or “Vedanta”) (LSE: VED) today
announced the expiration and results of its previously announced tender
offers to purchase for cash (the “Tender Offers”) any and all of its
outstanding US$ 774,772,000 6.00% Bonds due 2019, CUSIP: G9328D AH3,
ISIN: USG9328DAH38 (Regulation S); CUSIP: 92241T AH5, ISIN: US92241TAH59
(Rule 144A) (the “2019 Bonds”) and US$ 900,000,000 8.25% Bonds due 2021,
CUSIP: G9328D AG5, ISIN: USG9328DAG54 (Regulation S); CUSIP: 92241T AG7,
ISIN: US92241TAG76 (Rule 144A) (the “2021 Bonds” and, together with the
2019 Bonds, the “Bonds”). The Tender Offers expired at 8:00 a.m. New
York time, on 3 August 2017 (the “Expiration Time”). At the Expiration
Time, valid tenders had been received with respect to US$522,513,000 of
the 2019 Bonds and US$229,843,000 of the 2021 Bonds. None of the 2019
Bonds or the 2021 Bonds were tendered pursuant to the guaranteed
delivery procedures described in the tender offer memorandum in respect
of the Tender Offers dated 27 July 2017 (the “Tender Offer Memorandum”).

The Company has accepted for payment all of the Bonds validly tendered
prior to the Expiration Time pursuant to the Tender Offers. On 9 August
2017, such tendering bondholders will receive the purchase price in the
amount of US$ 1,053.75 per US$ 1,000 principal amount of 2019 Bonds
tendered and accepted for purchase and US$ 1,117.50 per US$ 1,000
principal amount of 2021 Bonds tendered and accepted for purchase, plus
accrued and unpaid interest to, but not including, the payment date.

The Company will arrange for cancellation of all Bonds validly tendered
and accepted for purchase following purchase by the Company, and any
Bonds not validly tendered will remain outstanding and accrue interest
in accordance with their terms. Following the cancellation of
validly tendered Bonds, US$252,259,000 of the 2019 Bonds and
US$670,157,000 of the 2021 Bonds will remain outstanding.

About Vedanta Resources plc:

Vedanta Resources plc is an LSE-listed, globally diversified natural
resources company with interests in Zinc, Lead, Silver, Oil & Gas,
Aluminium, Copper, Iron Ore, and Power. Vedanta’s world class assets
located primarily in India and Africa generated US$11.5 billion of
revenue, US$3.2 billion of EBITDA and US$1.5 billion of free cash flow
in fiscal year 2017.

Vedanta’s key strengths include its large, low cost and diversified
asset base with an attractive commodity mix, market-leading positioning
to capitalize on India’s growth and natural resource potential,
well-invested assets driving a strong financial profile and cash flow
growth, as well as a highly-experienced management team with a proven
track record.

With an empowered talent pool globally, Vedanta places strong emphasis
on partnering with all its stakeholders based on the core values of
trust, sustainability, growth, entrepreneurship, integrity, respect and
care. To access the Vedanta Sustainable Development Report 2017, please
visit http://www.vedantaresources.com/media/214366/vedanta_sd_report_2016-17.pdf.
For more information on Vedanta, please visit www.vedantaresources.com.

Cautionary Statement Concerning Forward-Looking Statements:

Certain statements in this press release are forward-looking statements
within the meaning of Section 21E of the Securities Exchange Act of
1934, as amended, and are subject to the safe harbor created thereby.
Actual results may differ materially from these statements. The words
“expect,” “anticipate,” “project,” “believe” and similar expressions
identify forward-looking statements. Although the Company believes that
the expectations reflected in its forward-looking statements are
reasonable, it can give no assurance that such expectations will prove
to be correct. In addition, estimates of future operating results are
based on the Company’s current complement of businesses, which is
subject to change. For the Company, 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 the Company’s actual future
results to be materially different that those expressed in these
forward-looking statements. Statements in this press release speak only
as of the date of this press release, and the Company disclaims any
responsibility to update or revise such statements.

DISCLAIMER

United Kingdom

The communication of this announcement, the Tender Offer Memorandum and
any other documents or materials relating to the Tender Offers are not
being made, and such documents and/or materials have not been approved,
by an authorised person for the purposes of section 21 of the Financial
Services and Markets Act 2000 (the “FSMA”). Accordingly, such documents
and/or materials are not being distributed to, and must not be passed on
to, the general public in the United Kingdom. The communication of such
documents and/or materials is exempt from the restriction on financial
promotions under section 21 of the FSMA on the basis that it is only
directed at and may be communicated to (i) persons who are existing
members or creditors of the Company or other persons within the meaning
of Article 43 of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (the “Order”); (ii) persons who fall within
Article 49 of the Order (“high net worth companies, unincorporated
associations etc.”); or (iii) any other persons to whom these documents
and/or materials may lawfully be communicated. Any investment or
investment activity to which this announcement or the Tender Offer
Memorandum relate is available only to such persons or will be engaged
only with such persons and other persons should not rely on it.

General

This announcement, the Tender Offer Memorandum and any related documents
do not constitute an offer to buy or the solicitation of an offer to
sell securities in any circumstances or jurisdictions in which such
offer or solicitation is unlawful.

This announcement should not be considered as an advertisement,
invitation, offer, sale or solicitation of an offer to subscribe for or
purchase any securities, whether by way of private placement or to the
public in India.

Contacts

Investor and Media:
Communications
Zarin
Amrolia
Manager, Group Communications
Tel: +91 22 6646 1000
[email protected]
or
Finsbury
Daniela
Fleischmann
Tel: +44 20 7251 3801
or
Investors
Ashwin
Bajaj
Director – Investor Relations
or
Sunila Martis
Associate
General Manager – Investor Relations
or
Veena Sankaran
Manager
– Investor Relations
Tel: +44 20 7659 4732
Tel: +91 22 6646
1531
[email protected]