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Auditor rotation

7 Jan 2016 12:15

RNS Number : 1698L
Vedanta Resources PLC
07 January 2016
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7 January 2016

Proposal to appoint Ernst & Young LLP as auditor from financial year 2017

Vedanta Resource Plc ("Vedanta") announces that following a competitive tender process it proposes to appoint Ernst & Young LLP as auditor of Vedanta for the year ending March 31, 2017. This follows the mandatory tendering requirements in the UK. The appointment will be subject to shareholder approval at the Vedanta 2016 Annual General Meeting.

Vedanta's current auditor, Deloitte LLP, will undertake the audit for the year ending 31 March 2016 having been reappointed at the 2015 Annual General Meeting. Deloitte LLP has been Vedanta's auditor since its listing in 2003.

The Board of Vedanta would like to thank Deloitte LLP for high quality audit services provided to the Group.

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For further information, please contact:

Communications

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Roma Balwani

President - Group Communications, Sustainability

and CSR

Tel: +91 22 6646 1000

gc@vedanta.co.in

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Investors

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Ashwin Bajaj

Director - Investor Relations

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Radhika Arora

Associate General Manager - Investor Relations

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Ravindra Bhandari

Manager - Investor Relations

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Finsbury

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Daniela Fleischmann

Tel: +44 20 7251 3801

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Tel:+44 20 7659 4732

Tel: +91 22 6646 1531

ir@vedanta.co.in

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About Vedanta Resources plc

Vedanta Resources plc ("Vedanta") is a London listed diversified global natural resources company. The group produces aluminium, copper, zinc, lead, silver, iron ore, oil & gas and commercial energy. Vedanta has operations in India, Zambia, Namibia, South Africa, Ireland, Liberia, Australia and Sri Lanka. With an empowered talent pool globally, Vedanta places strong emphasis on partnering with all its stakeholders based on the core values of trust, sustainability, growth, entrepreneurship, integrity, respect and care. For more information, please visit www.vedantaresources.com.

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This information is provided by RNS
The company news service from the London Stock Exchange
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