CAIRN INDIA LIMITED

DLF Atria 1 Phase 2 1 Jacaranda Marg 1 DLF City 1 Gurgaon 122002 1 Haryana 1 India

T:+91 1244593000,4141360 l F:+91 1244145612 www.calrnlndia.com

27 March, 2015

National Stock Exchange of India Ltd.

Listing Department

Exchange Plaza, Piot C/1, G Block Sandra Kurla Complex Sandra (E) Mumbai 400 051.

T: +91 022-26598235/36

Fax: 022-26598237/38

BSE Ltd.

Dept. of Corporate Services

P. J. Towers

Dalal Street

Mum bai 400 00l.

T: +91 022-22721233/34

Fax: 022-22722037/39/41/3121/3354

Sub: Compliaoces under the Listing Agreement

Dear Sirs,

Please find enclosed copy ofthe intirnation sent by Vedanta Resources Pie ("Vedanta") to the

London Stock Exchange today.

Vedanta is the holding company ofCaim India Limited and holds approx. 59.9% interest in the

Company.

This is for your information and records. Thanking you,

Yours sincerely,

For Cairo India Limited

Neerja Sharma

Director- Assurance & Communication and Company Secretary

Registered Office.101,First Roor 1 ·cWing. Business Square 1 AndheriKurla Road 1 Andhen(Easr) 1 Mumba1 400 059

T: +91 22 4090 2613 lF· +91 22 4090 2633

ClN·L11101MH2006PLC163934

Vedanta Resources plc

16 Berkeley Street

London W1J 8DZ Tel: +44 (0) 20 7499 5900

Fax: +44 (0) 20 7491 8440 www.vedantaresources.com

27 March 2015
Vedanta Resources plc
Notice of Claim served under Bilateral Investment Treaty
As notified on 13 March 2015, Cairn India Limited ("Cairn India"), a subsidiary of Vedanta Resources Plc ("Vedanta"), has received an assessment order from the Indian Income Tax Department regarding a decision by the Government of India ("GOI") in 2012 to amend the Indian Income Tax Act 1961 to
impose retrospective tax on various prior transactions. In this respect, Vedanta's Board of Directors has instructed counsel to file a Notice of Claim against the GOI ("Notice") under the UK-India bilateral investment treaty (the "BIT") in order to protect its legal position and shareholder interests.
The Notice relates to the retrospective tax legislation passed by the GOI and a related tax demand made against Cairn India, an Indian company in which Vedanta has an approximate 59.9% interest. The tax demand is for an alleged failure to deduct withholding tax on alleged capital gains arising during 2006-07 in the hands of Cairn UK Holdings Limited, Cairn India's erstwhile parent company, a subsidiary of Cairn Energy Plc. The sums demanded from Cairn India total INR 204,947,284,528 (equivalent to approximately USD3.293 billion) comprising INR102,473,642,264 of "tax", and the same amount again as "interest". If enforced, such tax demand would have serious consequences for Cairn India and therefore Vedanta's investment in Cairn India. Vedanta understands that a parallel tax demand has also been made by the Indian Income Tax Department on Cairn UK Holdings Limited.
The Notice was served under, and is the first step required prior to the commencement of international arbitration pursuant to, the BIT. The BIT provides that the GOI is obliged, amongst other things, to accord fair and equitable treatment to investors and to provide full protection and security to investments. Vedanta and Cairn India have been advised by leading international counsel that the retrospective tax legislation passed is a violation of protections accorded to investors under the BIT and constitutes a serious impairment of the treaty rights of Vedanta.
Vedanta and Cairn India will continue to take all necessary steps to protect their interest and the interest of their shareholders.

For further information please contact:

Communications

Roma Balwani

President - Group Communications, Sustainability and CSR

Tel: +91 22 6646 1000 gc@vedanta.co.inInvestors

Ashwin Bajaj

Director - Investor Relations

Anshu Goel

Vice President - Investor Relations

Radhika Arora

Associate General Manager - Investor Relations

Finsbury

Gordon Simpson

Tel: +44 20 7251 3801

Tel: +91 22 6646 1531 ir@vedanta.co.in

About Vedanta Resources plc

Vedanta Resources plc ("Vedanta") is a London listed 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.

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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.

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