Presentation at Creditsuisse Conference in September 2012

1. VEDANTA RESOURCES PLC
Credit Suisse Global Steel & Mining
Conference, London
September 2012

2. 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.' Forward–
looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertaintieslooking 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.
CREDIT SUISSE GLOBAL STEEL & MINING CONFERENCE, LONDON (SEPTEMBER 2012) 2

3. Highlights
Vedanta: A Global Diversified Natural Resources Major
World-class portfolio of large, structurally low-cost, scalable assets with long life of R&R
Strong financial profile supported by diversified cash flow growth
Delivering industry-leading production growth driven by substantially invested projects
Recent acquisitions provide additional growth options
CREDIT SUISSE GLOBAL STEEL & MINING CONFERENCE, LONDON (SEPTEMBER 2012) 3
323
5,353
FY2004 FY2012
proforma
EBITDA (US$mn)
+42% CAGR
Free Cash Flow (US$mn)
(before growth capex)
335
3,128
FY2004 FY2012
proforma
+32% CAGR
Underlying EPS (USc/share)
27
209
FY2004 FY2012
proforma
+29% CAGR
Note: FY2012 numbers are proforma with Cairn India for full year.

4. Tier-1 Diversified Asset Portfolio
FY2012
Production
Target
Capacity R&R Life1 Sustainable Cost Position2
830kt 1mtpa 25+ Lowest Quartile
444kt 400ktpa 20+
3
Lower Half
7.8moz 16mozpa 25+ By-product
173kboepd 260kboepd
4
17 Lowest Quartile
Zinc India
Zinc Intl.
Silver
Oil & Gas
CREDIT SUISSE GLOBAL STEEL & MINING CONFERENCE, LONDON (SEPTEMBER 2012)
13.8mt 20.5mtpa 18 Lowest Quartile
200kt 400ktpa 24+
6
Lower Half
675kt 2.3mtpa
Currently Lower Half; Lowest
Quartile with Captive Bauxite
Iron Ore5
Copper Zambia
Aluminium
Note: 1. At capacity
2. Cost position for base metals from Wood-Mackenzie, Iron ore from Metalytics ,and Oil & Gas from Company Study
3. Includes Gamsberg
4. For current producing assets, subject to approvals
5. Does not include Liberia
6. Mine life of Konkola Deeps
Large, Low-Cost, Long-Life, Scalable Assets
4

5. FY2004
Ancd 1mt
alumina refinery
project at VAL
Delivering Growth
FY2008
Cmd 170kt Zn
smelter
Cmd 80MW CPP at
FY2010
Acq VS Dempo
Cmd KDMP Mid-shaft loading
Cmd 210kt Zn smelter
Exp RA mine to 6mt
FY
2010
FY2011
Acq Zinc Intl
Cmd 1.5mt mill at
silver-rich SK mine
Cmd 2,400 MW
FY
2011
FY2012
Group Structure
Simplification ancd
Acq Cairn India
Acq Liberia iron ore assets
Cmd 350t Ag refinery
Cmd 100kt Dariba Pb
smelter
Cmd 7.5mt Nchanga East
mill
FY
2012
Color Key
Group
Zinc-Lead
Copper
Aluminium
Power
Iron Ore
Oil and Gas
project at VAL
5CREDIT SUISSE GLOBAL STEEL & MINING CONFERENCE, LONDON (SEPTEMBER 2012)
Pre-IPO
1997: Cmd
Tuticorin smelter
1999: Acq
Australia Cu mines
2001 – Acq BALCO
2002- Acq HZL
Pre-
IPO
FY2005
Acq KCM
KDMP project
launched
FY
2005
FY
2004
FY2006
Cmd 170kt Zn and
50kt Pb smelter,
154MW CPP
Exp Tuticorin
smelter to 300kt
FY
2006
FY2007
Acq Sesa Goa
Cmd 245kt Al smelter and 540
MW CPP at BALCO
Dbn Tuticorin smelter to 400kt
FY
2007
Cmd 80MW CPP at
Chanderiya
FY
2008
Cmd 2,400 MW
Jharsuguda power
mill
Dbn TLP to 75kt
Cmd 2nd Co furnace
Exp 273MW wind power
FY2009
Exp RA mine to 5mt
Cmd 311kt Nchanga
smelter, 6mt Konkola
Concentrator
First metal at 500kt VAL
Jharsuguda aluminium
smelter
FY
2009
Abbreviations:
Dbn: Debottlenecked
Exp: Expanded
Cmd: Commissioned
Ancd: Announced
Acq: Acquired
Vedanta IPO

6. Aluminium
16%
Copper
Aluminium
3%
Copper
13%
Oil & Gas
38%
Power
2%
Continued Growth and Diversification
FY2004
(IPO)
Aluminium
7%
Copper
19%Iron Ore
33%
Power
4%
FY2011
Proforma FY2012
with Cairn India for Full Year
Copper
29%
Zinc India
55%
EBITDA: $323mn
Zinc India
23%
Zinc-Int.
7%
Iron Ore
14%
Zinc India
34%
Zinc-Int.
3%
EBITDA: $3.6 bn
+10x
EBITDA: $5.4bn
+16x
CREDIT SUISSE GLOBAL STEEL & MINING CONFERENCE, LONDON (SEPTEMBER 2012) 6

7. Strong and Consistent Profitability
30%
41%
43%
54%
56%
Copper Australia
Zinc- International
Iron Ore
Zinc- India
Oil & Gas²
FY2012 EBITDA Margins by Segment
33% 33%
41%
59%
55%
35%
43%
45%
41%
3,756
Group EBITDA margin¹ Average LMEX
Consistent Profit Margins
18%
31%
18%
9%
2%
Share of
EBITDA
7CREDIT SUISSE GLOBAL STEEL & MINING CONFERENCE, LONDON (SEPTEMBER 2012)
Notes: 1. Excludes copper custom smelting operations
2. Oil and Gas EBITDA margins have been calculated after adding back Rajasthan royalties and profit sharing with government to revenues. EBITDA margin based on reported revenues was 81%.
10%
23%
27%
30%
41%Group
Aluminium
Copper Zambia
Power
Copper Australia
1
33%
1,636
FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12
Profitability driven by Asset Quality and Diversification
2%
3%
10%
4%

8. A Global Diversified Natural Resources Major
FY12/CY11
EBITDA
($bn)
PE
Multiple
BHP Billiton 33.7 9.9
Vale 33.8 5.8
Rio Tinto 28.5 7.8
Anglo American 13.3 9.7
Xstrata 11.6 11.2
Top Global Diversified Natural Resources Companies
23%
10%
37%
69%
98%
52%
46%
28%
17%
7%
15%
33%
15%
10%
6%
4%
2%
21%
14%
2%
2%
8CREDIT SUISSE GLOBAL STEEL & MINING CONFERENCE, LONDON (SEPTEMBER 2012)
Xstrata 11.6 11.2
Teck 5.5 9.6
Vedanta 5.3 5.0
ENRC 3.4 6.9
Scale and Diversification
Source: Company filings and broker reports. PE multiples based on BEST next year PE estimate from Bloomberg as of 14 September 2012.
Note: Commodity split based on pro forma EBITDA for Vedanta and EBIT for major diversified mining companies.
1. For Vale, Iron ore includes all ferrous metals
2. For BHP, base metals includes copper and zinc-lead. For Xstrata, base metals includes nickel.
38% 34%
16%
37%
18% 13%
36% 48%
6%
3%
46% 11%
2%
O&G Zinc-lead Iron ore¹
Copper Base metals² Coal
Aluminium Ferroalloys Other

9. Proximity to Rapidly Growing Markets
India
48%
China
20%
Other Far
East and Asia
11%
Middle East
and Africa
9%
Rest of the
World
12%
Vedanta Revenues by Geography
FY2012
82%
Strong Market Positioning in India
FY2012 India Market Shares
#1 #1 #1 #1 #2#1
9CREDIT SUISSE GLOBAL STEEL & MINING CONFERENCE, LONDON (SEPTEMBER 2012)
30%
6%
39%
33%
5%
Zinc Lead Silver Copper Aluminium Oil
Notes: Rank excludes imports. Oil & Gas production numbers considered instead of sales.
Source: Wood Mackenzie, Indian Ministry of Petroleum and Natural Gas, IBIS, company sources
India Operations: Domestic Sales as % of Total Sales
FY2012
58%
81%
100%
62%
80%
19%
100%
Zinc India
- Zinc
Zinc India
- Lead
Silver Copper
India
Aluminium Iron Ore Oil and
Gas
6% 5% 10% 8% 9% 10% 4%
2010-25 India Consumption CAGR %
Note: Consumption CAGR over 2010-25 for base metals as per Wood-Mackenzie estimates.
For Iron Ore, steel consumption CAGR over FY2012-17 as per Ministry of Steel, India considered.
Silver consumption growth rate over 2012-2025 as per Ministry of Mines, India.
Oil & Gas consumption growth rate over 2008-2035 as per EIA.

10. Strong Focus on Exploration
Added 3x times
mined out in
FY2012
Added 4.8x times
mined out since IPO
R&R increased to
332mt, from 144mt
at Vedanta IPO
25+year mine life
with 10%+grades
Zinc India Iron Ore
India
Added net 68mt in
FY2012, 18 year
mine life at current
capacity
R&R increased from
190mt 2 at
acquisition to
374mt – added 3.4x
times mined out
R&R replacement
ratio of 1.75x in
FY2012
Rajasthan potential
resource increased
to 7.3bn boe gross
in place from 6.5bn
boe
Exploration success
Oil & GasCopper-Zambia
R&R increased to
689mt from 457mt
at acquisition
24+ year mine life
with high grade at
KDMP
Added mine life at
all three assets
Current mine life:
− Skorpion:
5+years1
− BMM: 10+years
− Lisheen: 3years
186mt Gamsberg
Zinc-Intl
10CREDIT SUISSE GLOBAL STEEL & MINING CONFERENCE, LONDON (SEPTEMBER 2012)
with 10%+grades times mined out
Liberia
1bn tonnes R&R
Aeromagnetic study
and 25,000+metres
drilling indicates
strong potential
upside
Exploration success
at Sri Lanka and
Nagayalanka
17 year R&R life
186mt Gamsberg
deposit feasibility
study underway
Notes: 1. With some additional work for conversion of resources to reserves
2. 120mt excluding Orissa from Sesa Goa acquisition, and 70mt from Dempo acquisition
Creating Long Term Value through Exploration

11. 1.9 1.7 1.5
1.1 1.0
FY 2008 FY 2009 FY 2010 FY 2011 FY 2012
Sustainability – Integral to our Business
Health & Safety
− 48% reduction in LTIFR over 5 years
− Structured programs to enhance safety and prevent fatalities
− Investing in technologically advanced processes that reduce possible
exposure levels at work area
Climate Change
− Doubled water recycling to 55.7mn cubic metres in FY2012
− 16.2% decrease in GHG emissions (scope 1 & 2) per total revenue
New Sustainability Framework rolled-out
-48%
Specific Water Consumption
BALCO (m3/MT)
-75%
LTIFR
19.0
17.0 16.9 16.3 16.2
FY 2008 FY 2009 FY 2010 FY 2011 FY 2012
15.6 14.2
7.2 3.9
FY 2009 FY 2010 FY 2011 FY 2012
Specific Energy Consumption
HZL Smelters (GJ/MT)
New Sustainability Framework rolled-out
− New policies and technical standards rolled-out
− Exco Sustainability Sub-Committee to enhance sustainability focus
Community programs covering 3.1million people
− Focus Areas: Health and Nutrition, Education, Women
Empowerment, Water & Sanitation, and Sustainable Livelihood
− Collaborating with NGOs, government administration and
communities
CREDIT SUISSE GLOBAL STEEL & MINING CONFERENCE, LONDON (SEPTEMBER 2012)
-15%
11

12. Strategic Priorities
Deliver industry-leading production growth across our portfolio
Continue to add reserves and resources to drive long-term value
Complete the simplification of the Group structure
Minority buyouts at HZL and BALCO
Reduce gearing from free cash flow
12CREDIT SUISSE GLOBAL STEEL & MINING CONFERENCE, LONDON (SEPTEMBER 2012)
Growth and Long-Term Value Creation with a Focus on Sustainability

13. Optimising Group Structure
Restructuring on track for completion in CY2012
Consolidates and simplifies group structure,
eliminates cross-holdings
Financial Benefits:
− Delivers significant synergies upto $200mn/yr
− Improves capital structure
− Improves allocation and cost of capital
− Enhances fungibility of cash
− Enhances visibility of earnings and cash flows
Konkola
Copper
Mines
Vedanta Resources
Sesa Sterlite
58.3%79.4%
− Enhances visibility of earnings and cash flows
Reduces Debt service liability at plc by 61% to
$3.9bn
Minority Buyouts
Buyout of government stake in HZL and BALCO
remains a priority
13CREDIT SUISSE GLOBAL STEEL & MINING CONFERENCE, LONDON (SEPTEMBER 2012)
Power
Alumi-
nium
Oil & Gas
Zinc-
Lead-
Silver
Copper
Iron
Ore
HZL
Zinc Int’l
Sesa Goa
WCL
Cairn
India
Tuticorin
CMT
BALCO
VAL
Talwandi
Sabo
Jharsuguda
BALCO
MALCONote: Shareholding based on basic shares outstanding

14. Group Simplification to Reduce Debt at plc
Post group structure simplification, debt service
liability at plc reduces by 61% to $3.9bn
Debt service cost at Vedanta reduces from
$500mn to $190mn in FY2013
Debt Service Liability at plc ($bn)
9.8
(2.8)
10
Debt transferred to
Sesa Sterlite;
guarantee continued
by Vedanta
Intercompany
receivable created
at Vedanta,
from Sesa Sterlite
Payout-based dividend policies at subsidiaries to
result in significantly higher dividends to plc
14CREDIT SUISSE GLOBAL STEEL & MINING CONFERENCE, LONDON (SEPTEMBER 2012)
(3.1)
3.9
0
5
Service Liability
Pre Transaction
Service Liability
Post
Transaction
by Vedanta
Note: Numbers as of 31 March 2012

15. 0.5
Free Cash Flow¹ Capex-ex-Cairn Capex-Cairn²
Well-Invested Capex Driving Near-Term Growth
Cash Flow and Growth Capex Profile - $bn
2,000
2,500
3,000
3,500
4,000
Zinc-Lead Silver Iron Ore Copper
Aluminium Power Oil & Gas
Year-end Capacity (in Copper Equivalent kt)3
1.6
1.8
2.3
3.1
3.7
2.5
2.2
1.5
1.7
1.3
-
FY2010 FY2011 Proforma
FY2012
FY2013e FY2014e FY2015e
Notes: 1. Free cash flow after Sustaining Capex but before Growth Capex
2. Capex net to Cairn India; part of FY2014e capex is subject to Government of India approval; FY2015e capex has not been announced. Shaded portions pertain to growth not reflected in the RHS capacity growth chart.
3. All metal and power capacities rebased to copper equivalent capacity (defined as production x commodity price / copper price) using Long Term commodity price estimates. Power rebased using FY2012 Realisations.
Copper custom smelting capacities rebased at TC/RC for FY2012
Free Cash Flow at an Inflection Point
CREDIT SUISSE GLOBAL STEEL & MINING CONFERENCE, LONDON (SEPTEMBER 2012) 15
0
500
1,000
1,500
2,000
FY 2011 FY 2012 FY 2013 FY 2014 FY 2015
0.4

16. Summary
Global Diversified Natural Resources Major
World-class portfolio of large, structurally low-cost, scalable assets with long mine-life
Strong financial profile supported by diversified cash flow growth
Delivering industry-leading production growth driven by substantially invested projects
Recent acquisitions provide additional growth options
Focus on additional resources to drive long-term value
Group simplification on track for completion in CY 2012
CREDIT SUISSE GLOBAL STEEL & MINING CONFERENCE, LONDON (SEPTEMBER 2012) 16

17. Appendix

18. Zinc-Lead-
Silver
Iron oreOil & Gas Copper Aluminium Power
Capacity
Global Diversified Natural Resources Major
India, Ireland,
Namibia, South
Africa
IndiaIndiaIndia, Liberia
India, Sri Lanka,
South Africa1
Zambia, India,
Australia
Largest integrated
zinc-lead producer
One of the largest
producers in India
Strategically located
large-scale assets
Largest Indian
private iron ore
producer-exporter
One of India’s largest
private crude oil
producers
World class Zambian
operations, Indian
custom smelter
among lowest cost
smelters globally
Country and Positioning
Gamsberg - one of
the largest
undeveloped zinc
deposits: 186mt
at 6.9% grade
BALCO 1200MW
first unit sync by
Q2 FY2013
1.98GW Talwandi
Sabo by FY2014
BALCO 325ktpa
first metal in Q3
FY2013
36mtpa capacity
expansion
Liberia project,
shipment from 1st
phase in FY2014
2013:c.240kbopd1
from Rajasthan
300kbopd1 basin
potential
India: 400ktpa
expansion1
KCM ramping up
to 400ktpa
Growth profile
1.5mtpa,
16moz silver
+Gamsberg
3.8GW,
upto 8.6 GW
(3.9GW commercial)
740ktpa,
upto 2.3mtpa
21mtpa1
+Liberia
175kbopd,
upto 300kbopd1
India: 400ktpa,
upto 800ktpa1
Zambia upto 400ktpa
Capacity
CREDIT SUISSE GLOBAL STEEL & MINING CONFERENCE, LONDON (SEPTEMBER 2012)
Notes: 1. Subject to approvals
2. Proforma FY2012, including Cairn for the full year FY2012
Well Invested Asset Base driving Growth
18

19. Achieved
Rajasthan block producing at c.175kbopd
− 7.3bn boe of estimated gross in-place resources
Exploration success ratio c.50%
− FY2012 R&R replacement ratio of 175%
− Exploration success at Sri Lanka, KG Basin
Focus
Rajasthan Block Ramp-up1
Oil and Gas
Significant
part of
300,0001
Basin
Rajasthan Gross Production (bopd)
Rajasthan Block Ramp-up
− Pipeline debottlenecking and augmentation
− Development - Bhagyam, Aishwariya; EOR pilot
− 300kbopd basin production potential
Exploration – 10 blocks in diverse basins
South Africa JV: c.20,000 sq km in geologically
proven basin2
CREDIT SUISSE GLOBAL STEEL & MINING CONFERENCE, LONDON (SEPTEMBER 2012) 19
Notes. 1. Subject to approvals
2. Closure of transaction is subject to South African regulatory approvals
part of
240,0001
in CY2013
Primarily
from MBA
Aishwariya
towards
end FY2013
Basin
Potential
Barmer Hill
Further
exploration
c.175,000
Currently
Mangala
c.150kbopd
Bhagyam
upto
40kbopd
125,000 at
Acquisition
completion
Mangala
125kbopd

20. 0
1,000
2,000
3,000
4,000
5,000
ZnCompositecost-c1cash
cost($/t)
Cumulative Production (Percentile)
Achieved
Organic growth: 1mtpa zinc-lead, 16moz silver
Sustained lowest quartile cost position
25+year mine life with 10%+grades
Focus
Operational efficiency and capacity utilization
− Significant near term upside in silver and lead
Zinc India
HZL
($ 342/t)1
Source: Wood-Mackenzie for Zinc C1 cost curve;
Refined Zinc – Lowest Quartile Cost Position
25% 50% 75%
− Significant near term upside in silver and lead
Continue to add more R&R than depletion at existing
mines
Additionally, large-scale exploration across India
covering over 20,000 sq km
Feasibility study underway for next leg of growth
CREDIT SUISSE GLOBAL STEEL & MINING CONFERENCE, LONDON (SEPTEMBER 2012) 20
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
0
100
200
300
400
500
600
700
800
900
1000
FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12
Zinc-Lead Metal Production (kt)
Zinc reported COP excluding royalty ($/t)
Zinc LME ($/t)
Operating Performance
$/tkt
Source: Wood-Mackenzie for Zinc C1 cost curve;
1 Zinc India FY2012 COP of $342/t calculated as per Wood-Mackenzie methodology. Zinc India
remains in the First Quartile based on reported FY2012 COP of $834/t, which does not consider
credits for silver and lead.

21. Achieved
Business acquired in FY2011, stable operating
performance
R&R: Mine life extended at all three assets
Focus
Further mine life extension at existing operations
Gamsberg project (186mt)
Zinc International
2012e Production (kt)
710Rampura-Agucha
Red Dog
Century
Mount Isa Pb/Zn
San Cristobal
Antamina
Brunswick
McArthur River
Tara
Penasquito
25+
Mine Life
− 20 year mine life at 400ktpa zinc production
− Feasibility study to complete in current quarter
− Targeting production in 2 years
CREDIT SUISSE GLOBAL STEEL & MINING CONFERENCE, LONDON (SEPTEMBER 2012) 21
Source: Wood-Mackenzie
168
164
400
0 500 1000
Penasquito
Vazante
Lanping
Lisheen
Skorpion
Gamsberg… 20+

22. Achieved
Significant expansion since acquisition
Sustained lowest quartile cost position
R&R: 68mt net addition in FY2012
− 374mt total R&R, implying 18+ year mine life
Liberia iron ore assets acquired:
− Aeromagnetic study and initial drilling indicates
significant upside to the resource base estimate
Iron Ore
Vedanta Liberia Iron Ore
Asset Type R&R
Mano River Brownfield 80mt
Bea Mountain Greenfield 923mt
Bomi Hills Brownfield 50mt
Distance
key(km)
0 50 100
Vedanta Mount Nimba
(ArcelorMittal)
Liberia
significant upside to the resource base estimate
of 1bn tonnes
Focus
India
− Goa: Expanding roads and developing new
corridors to mitigate logistics bottlenecks
− Karnataka: Process underway to resume mining
Liberia
− First shipment in FY2014
CREDIT SUISSE GLOBAL STEEL & MINING CONFERENCE, LONDON (SEPTEMBER 2012) 22
Bomi Hills
Bea Mountain
Mano River
Asset Key
Western Cluster Mines
Other Iron Ore Mines
Railway
Major Roads
Putu
(Severstal)
Bong
(Wuhan
Steel)
Proposed
Simandou
Railway
Buchanan
Greenville
Dida
Monrovia
Robertsport

23. Achieved
One of the most efficient copper smelters globally
− Sustained lowest quartile cost position
Value addition into copper rods, c.50% in FY12
98%+ copper recovery and efficient by-product
management
Focus
Copper India/Australia
Lowest Quartile Cost Position
-10
0
10
20
30
40
50
Cusmeltingnetcashconversioncost
(c/lb)
Cumulative Production (Percentile)
Copper India
(0 c/lb)
25% 50% 75%
Focus
Commissioning of 160 MW CPP
400kt smelter expansion1
CREDIT SUISSE GLOBAL STEEL & MINING CONFERENCE, LONDON (SEPTEMBER 2012) 23
Notes. 1. Subject to approvals
Source: Wood-Mackenzie for Copper Smelting cash cost curve, FY2012 reported net COP for
Copper India
0%
25%
50%
75%
100%
0
100
200
300
400
FY08 FY09 FY10 FY11 FY12
Copper Production (kt) Cost Curve Percentile
Operating Performance
Cumulative Production (Percentile)

24. Achieved
Konkola shaft#4 sunk to final 1500m depth
− Commissioned 2900level high speed tramming facility
increasing mine development pace
Projects commissioned in FY2012
− 2nd Cobalt Recovery Furnace
− 7.5mt Nchanga East Concentrator
− TLP-IV debottlenecking to 75ktpa
Exploration: Maintained track record of R&R replacement
Copper Zambia
Top 12 copper mines by Cu grade of resources (%)
3.6%
3.4%
1.6%
1.1%
5.1%
3.1%
2.1%
1.5%
1.1%
0.9%
KOV, DRC (Katanga)
Konkola, Zambia (Vedanta)
Kamoto, DRC (Katanga)
Tenke, DRC (Phelps, Tenke)
Kananga, DRC (Katanga)
Nchanga, Zambia (Vedanta)
Tilwezembe, DRC (Katanga)
Olympic Dam, Australia (BHPB)
Escondida, Chile (BHPB, Rio)
Chuquic-amata,Chile(Codelco)
Underground mine Open pit mine
Exploration: Maintained track record of R&R replacement
Focus - FY2013 Priorities
3mt West Mill to be commissioned in Q2FY2013
Accelerate Konkola mine development pace to 60km/year
Bottom shaft loading at KDMP by Q3
− Platform for 25-30% annual growth in mined metal
Start regular mining at Nchanga Upper Ore Body
CREDIT SUISSE GLOBAL STEEL & MINING CONFERENCE, LONDON (SEPTEMBER 2012) 24
0
100
200
300
0
100
200
300
400
FY08 FY09 FY10 FY11 FY12 FY13e¹
Copper Production (kt) Integrated COP (in c/lb, RHS)
Operating Performance
0.8%
0.8%
Collahuasi, Chile (Anglo, Falconbridge)
Grasberg, Indonesia (Freeport)
Source: Raw Materials, CPR, company websites
Notes: 1. Production incudes FY2013 est. of 175kt integrated production and Q1
FY2013 custom production annualized to 52kt; COP of Q1 FY2013.

25. Aluminium and Power
Achieved
1mtpa Alumina capacity, 750kt Aluminium capacity with
1800MW captive power
− Higher volumes of value added products, 25% increase
in FY2012
− Aluminium costs in lower half of cost curve without
captive bauxite
Commercial power: 2,770MW thermal and 275MW wind
Focus
Aluminium - Lower Half Cost Position
0
1,000
2,000
3,000
AlCompositecost-c1cashcost
($/t)
Cumulative Production (Percentile)
Aluminium Smelter Costs (C1 Cash Cost Curve)
VAL
($ 1,845/t)1
25% 50% 75%
BALCO
($ 1,910/t)1
0
1,000
2,000
3,000
0
200
400
600
800
FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 Q1
FY13¹
Aluminium Production (kt) CoP (in $/t, RHS)
Operating Performance
Committed to an integrated Aluminium Strategy
− Focus on securing Bauxite
− BALCO 325kt smelter - First metal in Q3 FY2013
− VAL 1.25mtpa smelter nearing completion and start-up
under review
Power
− Commence BALCO 1,200MW and Talwandi Sabo
1,980MW power plants
− 211mt Coal block at BALCO
25CREDIT SUISSE GLOBAL STEEL & MINING CONFERENCE, LONDON (SEPTEMBER 2012)
Notes. 1. Q1 FY2013 annualized
Source: Wood-Mackenzie for Aluminium C1 cost curve, VAL and BALCO shown at
reported costs in Q1 FY2013
Cumulative Production (Percentile)

26. 4.1
3.2
4.5
Strong Financial Profile
Cash and Liquid Investments of $6.9bn, with additional $2.9bn undrawn lines of credit
FY2012 Proforma Net Debt:EBITDA including Cairn of 1.9x; Credit ratings of BB/Ba3/BB1
Debt Maturity Profile ($bn)2
$1.7bn - Bridge loan to be rolled over into long term facilities
$0.7bn - Revolving working capital facility
$0.4bn - Refinanced
$0.3bn - To be repaid through internal cash flows
US$1bn maturities at plc in FY2013:
1.0
0.5 0.1 0.3
3.0
2.2
1.5
1.3
3.1
0.5
1.3
0.4
0.3
2.3
2.4
2.7
0.7
3.2
FY2013 FY2014 FY2015 FY2016 FY2017³ FY2018 and later
Debt at VED plc Debt to be transferred from VED plc to Sesa Sterlite Debt at Subsidiaries
CREDIT SUISSE GLOBAL STEEL & MINING CONFERENCE, LONDON (SEPTEMBER 2012)
Notes: All information as of 31 March 2012, except information on refinancing
1. Issue credit Ratings as per S&P, Moody’s and Fitch respectively
2. Debt numbers shown at face value
3. Includes convertibles at Vedanta Plc of $883mm due in FY2017 (with a put option in April 2013) and $1,250mm due in FY2017 (with a put option in July 2014)
26
US$1bn maturities at plc in FY2013:
$550mn refinanced to date

27. Group Structure Simplification - Timeline
Status Event Expected
BSE and NSE approval sought Mar 2012
Competition Commission approval sought Mar 2012
Foreign Investment Promotion Board approval sought Mar 2012
BSE and NSE approval received Apr 2012
Competition Commission approval received Apr 2012
Application to High Court in India and Supreme Court of Mauritius Apr 2012
Scheme documents posted to shareholders May 2012
CREDIT SUISSE GLOBAL STEEL & MINING CONFERENCE, LONDON (SEPTEMBER 2012)
Vedanta / Sesa / Sterlite / MALCO EGM Jun 2012
Foreign Investment Promotion Board approval Jun 2012
Supreme Court of Mauritius approval Sep 2012
High Courts of India approval Sep 2012
Transaction completion CY 2012
27

28. Proposed New Group Structure
Konkola
Copper
Mines (KCM)
58.3%
Vedanta Resources
Sesa Sterlite
79.4%
Iron Ore (Sesa Goa)
Copper Smelting (Tuticorin)
Power (2,400MW Jharsuguda)
Aluminium (VAL aluminium
assets)
Divisions of Sesa Sterlite
CREDIT SUISSE GLOBAL STEEL & MINING CONFERENCE, LONDON (SEPTEMBER 2012)
100%64.9%
Zinc India
(HZL)
Australian
Copper
Mines
Cairn India
58.8%
Subsidiaries of Sesa Sterlite
assets)
Option to
increase stake
to 94.4%
Unlisted entitiesListed entities
Note: Shareholding based on basic shares outstanding
Talwandi
Sabo Power
(1,980MW)
100%
VAL Power
and MALCO
Power
(1,405MW)
100%
Skorpion &
Lisheen -
100%
BMM -74%
100%
Zinc
International
51%
Bharat
Aluminium
(BALCO)
Option to
increase stake
to 100%
51%
Western
Cluster
(Liberia)
Option to
increase stake
to 100%
28

29. Vedanta Group Structure
Konkola
Copper
Mines (KCM)
54.6%
Vedanta Resources
(Listed on LSE)
Madras
Aluminium
(MALCO)
94.8%70.5%
29.5% Sterlite Industries
(Listed on BSE,
NSE and NYSE)
Vedanta
Aluminium
(VAL)
79.4%
Sesa Goa
(Listed on BSE
and NSE)
55.1%
3.6% Cairn India Ltd
(Listed on BSE
and NSE)
38.7%
20.1%
CREDIT SUISSE GLOBAL STEEL & MINING CONFERENCE, LONDON (SEPTEMBER 2012)
Zinc IndiaCopperAluminium Iron ore Power
KEY
51.0% 100%64.9%
Zinc India(HZL)
(Listed on BSE
and NSE)
Australian
Copper Mines
Bharat
Aluminium
(BALCO)
Sterlite Energy
100% 51%
Skorpion and
Lisheen
Black
Mountain
100% 74%
Zinc International
Liberia
Iron Ore Assets
Oil & GasZinc International
Note: Structure as at 31 March 2012
29