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Vedanta Resources (VED)

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Monday 05 February, 2007

Vedanta Resources

Director/PDMR Shareholding

Vedanta Resources PLC
05 February 2007


NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY AND CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required
by DR 3.1.4R(1).

(1)    An issuer making a notification in respect of a transaction relating
       to the shares or debentures of the issuer should complete boxes 1 to
       16, 23 and 24.
(2)    An issuer making a notification in respect of a derivative relating
       to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13,
       14, 16, 23 and 24.
(3)    An issuer making a notification in respect of options granted to a
       director/person discharging managerial responsibilities should
       complete boxes 1 to 3 and 17 to 24.
(4)    An issuer making a notification in respect of a financial instrument
       relating to the shares of the issuer (other than a debenture) should
       complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.


Please complete all relevant boxes in block capital letters.


1. Name of the issuer

Vedanta Resources Plc


2. State whether the notification relates to (i) a transaction notified in
accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in 
accordance with section 324 (as extended by section 328) of the Companies Act 
1985; or
(iii) both (i) and (ii)

The notification relates to a transaction notified in accordance with DR3.1.4(R)
(1)(a).


3. Name of person discharging managerial responsibilities/director

Tarun Jain
CV Krishnan
DD Jalan
MS Mehta
Dhanpal Jhaveri
S Venkatesh
C P Baid
Pramod Suri
Kishore Kumar
Ajay Paliwal
SK Rathi
BK Sharma
Dilip Golani
Deepak Kumar


4. State whether notification relates to a person connected with a person
discharging managerial responsibilities/director named in 3 and identify the
connected person




5. Indicate whether the notification is in respect of a holding of the person
referred to in 3 or 4 above or in respect of a non-beneficial interest





6. Description of shares (including class), debentures or derivatives or
financial instruments relating to shares





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





8 State the nature of the transaction





9. Number of shares, debentures or financial instruments relating to shares
acquired





10. Percentage of issued class acquired (treasury shares of that class should
not be taken into account when calculating percentage)





11. Number of shares, debentures or financial instruments relating to shares
disposed





12. Percentage of issued class disposed (treasury shares of that class should
not be taken into account when calculating percentage)





13. Price per share or value of transaction





14. Date and place of transaction





15. Total holding following notification and total percentage holding following
notification (any treasury shares should not be taken into account when
calculating percentage)




16. Date issuer informed of transaction




If a person discharging managerial responsibilities has been granted options by
the issuer complete the following boxes



17 Date of grant

On 1 February 2007, the following individuals received awards under the Vedanta
Resources Long Term Incentive Plan:

Tarun Jain
CV Krishnan
DD Jalan
MS Mehta
Dhanpal Jhaveri
S Venkatesh
C P Baid
Pramod Suri
Kishore Kumar
Ajay Paliwal
SK Rathi
BK Sharma
Dilip Golani
Deepak Kumar


18. Period during which or date on which it can be exercised

The awards will vest on the first anniversary of the date of grant.


19. Total amount paid (if any) for grant of the option

No amount was paid in relation to the grant of the awards.


20. Description of shares or debentures involved (class and number)

Awards under the Vedanta Resources Long Term Incentive Plan over 59,000 ordinary
shares in Vedanta Resources plc have been granted as follows:

Tarun Jain      9,000
CV Krishnan     6,000
DD Jalan        4,500
MS Mehta        4,500
Dhanpal Jhaveri 4,500
S Venkatesh     4,500
C P Baid        4,500
Pramod Suri     3,750
Kishore Kumar   3,750
Ajay Paliwal    3,500
SK Rathi        3,000
BK Sharma       3,000
Dilip Golani    3,000
Deepak Kumar    1,500

The numbers of ordinary shares stated above are the maximum available to each
PDMR on satisfaction in full of the performance targets applicable to the
awards.


21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at the time of exercise

An exercise price per share equal to US$0.10 is payable on exercise of the
awards.


22. Total number of shares or debentures over which options held following
notification

Following the grant of awards on 1 February 2007, each of the PDMRs to whom
awards were granted holds awards over the number of ordinary shares in Vedanta
Resources plc set out below:

Tarun Jain       84,000
CV Krishnan      31,000
DD Jalan         42,000
MS Mehta         42,000
Dhanpal Jhaveri  44,500
S Venkatesh      44,500
C P Baid         37,000
Pramod Suri      23,750
Kishore Kumar    23,250
Ajay Paliwal     18,500
SK Rathi         20,500
BK Sharma        25,500
Dilip Golani     23,000
Deepak Kumar      6,500


23. Any additional information

The grant of awards subject to a one year vesting period under the LTIP has been
allowed to retain skilled PDMR's whose continued service in the Vedanta
Resources plc group is considered to be critical to the group. No Executive
Directors have been granted any awards which are subject to a one year vesting
period.


24. Name of contact and telephone number for queries

Deepak Kumar

020 74995900


Name and signature of duly authorised officer of issuer responsible for making
notification

Deepak Kumar


Date of notification

5th February 2007


END



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