RECOMMENDED CASH OFFER

by

VOLCAN INVESTMENTS LIMITED ("VOLCAN INVESTMENTS")

for

VEDANTA RESOURCES PLC ("VEDANTA RESOURCES")

(Incorporated and registered in England and Wales with registered number: 04740415)

Notice is hereby given, in accordance with section 978(1)(c) of the Companies Act 2006, that:

1. by means of an offer document dated and posted on 3 August 2018 (the "Offer Document"), Volcan Investments made a recommended cash offer to acquire the remaining issued and to be issued share capital of Vedanta Resources not currently owned or controlled by Volcan Investments (the "Offer"); and

2. copies of the Offer Document and the Form of Acceptance relating to the Offer are available, subject to certain restrictions relating to persons resident in Restricted Jurisdictions, free of charge on Vedanta Resources' website at http://www.vedantaresources.com/investor-relations/volcan-offer.

The board of Vedanta Resources has unanimously recommended Vedanta Shareholders to accept the terms of the Offer. The Offer is US$10.89 pence for each Vedanta Share. The Offer values the entire issued share capital of Vedanta Resources at approximately US$3,070 million and the issued share capital not currently owned by Volcan Investments at approximately US$1,028 million.

The full terms and conditions of the Offer (including details of how the Offer may be accepted) are set out in the Offer Document and, in the case of Vedanta Shareholders holding Vedanta Shares in certificated form, the Form of Acceptance. Terms defined in the Offer Document have the same meaning in this notice.

This notice does not constitute, and must not be construed as, an offer. Vedanta Shareholders who accept the Offer may rely only on the Offer Document and, in the case of Vedanta Shareholders holding Vedanta Shares in certificated form, the Form of Acceptance, for all the terms and conditions of the Offer.

The Offer will not be made, directly or indirectly, in or into or by the use of the mails of, or any means or instrumentality (including, but not limited to, facsimile, email, telex, telephone, internet or any other forms of electronic transmission or communication) of interstate or foreign commerce of, or any facility of a national, state or other securities exchange of a Restricted Jurisdiction and will not be capable of acceptance by any such use, means instrumentality or otherwise from within a Restricted Jurisdiction. Persons reading this notice or receiving the Offer Document, the Form of Acceptance and any accompanying document (including, without limitation, custodians, nominees and trustees) who have a contractual or legal obligation or who may otherwise intend to forward this notice, the Offer Document, the Form of Acceptance and any accompanying document must not distribute, mail or send it in, into or from a Restricted Jurisdiction, and so doing may render any purported acceptance of the Offer invalid. The availability of the Offer to persons outside the United Kingdom may be affected by the laws of other jurisdictions. Such persons should inform themselves about and observe any applicable requirements of those jurisdictions.

Any Vedanta Shareholder who is in any doubt as to what action he/she should take should consult his/her stockbroker, bank manager, solicitor, accountant, fund manager or other independent financial adviser, duly authorised under the Financial Services and Markets Act 2000 if he/she is resident in the United Kingdom or, if not, from another appropriately authorised independent financial adviser in the relevant jurisdiction.

The Offer is, by means of this notice, being notified to all persons to whom the Offer Document may not be despatched. Any such persons may collect copies of the Offer Document and Form of Acceptance by contacting the Receiving Agent, Computershare, on 0370 707 1388 (from within the UK) or on +44 370 707 1388 (if calling from outside the UK). Lines are open 8.30 a.m. to 5.00 p.m. (London time) Monday to Friday (excluding UK public holidays). Calls may recorded and randomly monitored for security and training purposes. The helpline cannot provide advice on the merits of the Offer nor give any financial, legal or tax advice.

Volcan Investments Limited

7 August 2018