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Vedanta Resources (VED)

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Wednesday 01 December, 2004

Vedanta Resources

Director Shareholding

Vedanta Resources PLC
01 December 2004


Vedanta Resources plc (the 'Company')

On 1 December 2004 Mr Navin Agarwal notified the Company that, as at the date of
his appointment as an executive director of the Company, he had the following
interests in the shares of the Company:
     
-    100,000 ordinary shares of US$0.10 each, representing 0.035% of the issued 
     share capital of this class;

-    a contingent right to acquire 100,000 ordinary shares of US$0.10 each,
     representing 0.035% of the issued share capital of this class, which was 
     granted under the Vedanta Resources Share Reward Plan and which vests on 
     26 February 2005, subject to Mr Agarwal's continued employment on that 
     date; and

-    a contingent right to acquire a maximum of 50,000 ordinary shares of
     US$0.10 each, representing 0.017% of the issued share capital of this 
     class, which was granted on 26 February 2004 under the Vedanta Resources 
     Long-Term Incentive Plan. Awards made under this plan normally only vest on 
     the third anniversary of grant and the number of shares that may be 
     acquired on vesting of the award is dependent upon the extent to which a 
     specified performance target has been satisfied and subject to the 
     participant's continued employment at that date.

Enquiries: Matthew Hird
Company Secretary
Vedanta Resources plc
020-7659-4735


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