Cairn India : Production Update for the Fourth Quarter and Full Year FY 2016-17

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For Immediate Release 11A pril 2017

•includes Internal Gas Consumption

Fourth quarter FY 201 7 vs. previous quarter

Average gross product ion across assets for Q4 FY 2017 was at 184,585 barrels of oil equivalent per day (boepd); 2% higher than t he previous quarter, when planned maintenance shutdown was undertaken at the Mangala Processing Terminal.

Gross product ion from Rajasthan block averaged at 157,338 boepd for the quarter. Encouraging results from the Mangala Enhanced Oil Recovery (EOR) program and production optimization activities helped offset the natural decline. The production from EOR has increased to an average of 56 kboepd in Q4 FY2017. Gross product ion from Development Area-1(DA-1) and Development Area-2 (DA-2) averaged 141,886 boepd and 15,452 boepd respectively.The Rajasthan asset recorded an excellent plant uptime of over 99% in Q4.

Gas production from ROG was maintained at an average of 21 mmscfd in Q4 FY2017 with average sales at 4 mmscfd. The technical issue between the transporter and the gas buyers has been resolved during the quarter and the gas sales have currently been normalised.

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Registered Office: 1st Floor, Wing C, Unit No.103,Wing 2 I Corporate Avenue I Chakala Andheri(East) I Mumbai400 093 Telephone: +91 22 26434500 I Facsimile: +91 22 66434652 J www . cairnindia . com

DLF Atria IPhase 2 J Jacaranda Marg J DLF City IGurgaon 122002 1 Haryana Ilndial J Telephone:+ 9 1 124 459 3000.414 1360 I Facsimile:+ 91

124 414 5612

The Ravva block produced at an average rate of 17,769 boepd for the quarter. Coil tubing and acid stimulation campa ign executed during the current quarter helped offset the natural decline. The asset recorded an excellent plant uptime of -99.8% in Q4.

The Cambay block production was largely stable at 9,477 boepd for the quarter. Effective reservoir management practices and production optimization measures helped arrest the natural decline. The asset recorded an excellent plant uptime of -99.8% in Q4.

Financial Year FY 2017 vs. Financial Year FY 2016

Average gross production declined by 7% primarily due to natural decline in the fields and planned maintenance shutdown in Rajasthan during the current year. Production at Raja sthan declined 5% due to reservoir underperformance at Bhagyam and Aishwariya partly offset by the volume ramp up from the Mangala EOR project and effective reservoir management across fields.

Contact

Media Relations

Arun Arora,Chief Communication Officer

+91 124 4593039; +918826999270;cilmedia@cairnindia.com; s pokesperson@cai rni ndi a.com

Disclaimer

This material contains forward -looking statements regarding Cairn India and its affiliates, our corporate plons, future financial condition, future results of operations, future business plans and strategies. All such forward- looking statements are based on our management's assumptions and beliefs in the light of information available to them at this time. These forward -looking statements ore by their nature subject to significant risks and uncertainties; and actual results, performance and achievements may be materially different from those expressed in such statements . Factors that may cause octuol results, performance or achievements to differ from expectations include, but are not limited to, regulatory changes, future levels of industry product supply, demand ond pricing, weather and weather related impacts, wars and acts of terrorism, development and use of technology, acts of competitors and other changes to business conditions. Cairn India undertakes no obligation ta revise any such forward-looking statements ta reflect any changes in Cairn India's expectations with regard thereto or any change in circumstances or events after the date hereof. Unless otherwise stated the reserves and resource numbers within this document represent the views of Cairn India and do not represent the views of any other party, including the Government of Indio, the Directorate General of Hydrocarbons or any of Cairn India's joint venture partner.

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CAIRN INDIA LIMITED Page 2 of 2

Registered Office: 1st Floor. Wing C, Unit No. 103, Wing 2 I Corporate Avenue I Chakala Andheri (East) I Mumbai 400 093

Telephone:+9 1 22 26434500 I Facsimile:+91 22 66434652 I www.cairnindia .com

DLF Atria IPhase 2 1 Jacaranda Marg IDLF City IGurgaon 122002 1 Haryana Ilndial ITelephone:+ 91 124 459 3000. 414 1360 I Facsimile: + 91

124 414 5612