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Vedanta Resources (VED)

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Thursday 11 December, 2003

Vedanta Resources

Interests in Shares

Vedanta Resources PLC
11 December 2003

11 December 2003

                               VEDANTA RESOURCES PLC

                                   SCHEDULE 10

                    NOTIFICATION OF MAJOR INTERESTS IN SHARES


1.                    Name of company

Vedanta Resources plc

2.                    Name of shareholder having a major interest

Janus Capital Management LLC

3.                    Please state whether notification indicates that it is in
respect of holding of the shareholder named in 2 above or in respect of a non-
beneficial interest or in the case of an individual holder if it is a holding of
that person's spouse or children under the age of 18 or in respect of a non-
beneficial interest.

Non-beneficial interest

4.                    Name of the registered holder(s) and, if more than one
holder, the number of shares held by each of them

Janus Capital Management LLC

5.                    Number of shares/amount of stock acquired

8,750,000

6.                    Percentage of issued class

3.06%

7.                    Number of shares/amount of stock disposed

-

8.                    Percentage of issued class

-

9.                    Class of security

Ordinary shares of US$0.10 each

10.                 Date of transaction

5 December 2003

11.                 Date company informed

10 December 2003

12.                 Total holding following this notification

8,750,000

13.                 Total percentage holding of issued class following this
notification

3.06%

14.                 Any additional information

Janus Capital Management LLC (Janus) is an investment adviser registered under
the U.S. Investment Advisers Act of 1940 that provides investment advice to
various mutual funds and other accounts (Janus Clients). The shares of Vedanta
Resources plc are held on behalf of various Janus Clients only for investment
purposes and not to exercise control over Vedanta Resources plc.

Janus holds all shares attributed to it solely in its capacity as investment
adviser to Janus Clients. Janus has no economic interest (e.g., the right to
dividends or proceeds from sale) in the shares of Vedanta Resources plc. Janus
generally has the right to vote shares of portfolio companies held on behalf of
Janus Clients.

15.                 Name of contact and telephone number for queries

Andrew Woolley - 020 7629 6070

16.                 Name and signature of authorised company official
responsible for making this notification

Andrew Woolley, Company Secretary



Date of Notification: 11 December 2003




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