NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE , , , WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES, AND THE DISTRICT OF COLUMBIA (') OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (EACH A 'U.S. PERSON')) OR TO ANY PERSON LOCATED OR RESIDENT IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT. OTHER RESTRICTIONS APPLY (SEE 'OFFER AND DISTRIBUTION RESTRICTIONS' IN THE TENDER OFFER MEMORANDUM).

On , (the 'Offeror') launched an invitation to holders of the outstanding bonds detailed in the table below to tender their Bonds for purchase by the Offeror for cash (the 'Offer') at a price to be determined pursuant to a modified Dutch auction.
Further to the above-mentioned announcement, the Offeror hereby announces that:

(a) the Maximum Acceptance Amount of the outstanding Bonds that the Offeror might purchase has been decreased from U.S. to U.S.; and

(b) the Acceptance Amount and the Purchase Price are set out in the table below:

Description of the Bonds

Common code/ISIN

Outstanding principal amount following settlement of the Offer

Specified Denomination of the Bonds

Maximum Acceptance Amount

Purchase Price

Acceptance Amount

U.S.$1,250,000,000 5.50 per cent. Guaranteed Convertible Bonds due 2016 (the 'Bonds')

043472208/

XS0434722087

U.S.$907,100,000

U.S.$100,000

U.S.$227,400,000 in aggregate principal amount

U.S.$91,000 per U.S.$100,000 in principal amount of the Bonds

U.S.$227,400,000 in aggregate principal amount of the Bonds

Capitalised terms used in this announcement but not otherwise defined have the meanings given to them in the tender offer memorandum dated (the 'Tender Offer Memorandum').

All Bonds tendered at an Offer Price at or below the Purchase Price have been accepted in full without pro-ration. Bonds submitted pursuant to Competitive Offers at an Offer Price higher than the Purchase Price will not be accepted pursuant to the Offer.

The total consideration payable to each Bondholder in respect of Bonds validly submitted for tender and accepted for purchase pursuant to the Offer, will be an amount in cash (rounded to the nearest U.S.$0.01, with U.S.$0.005 rounded upwards) equal to the sum of (i) the Purchase Price in respect of the aggregate principal amount of such Bonds validly tendered by a Bondholder and accepted for purchase by the Offeror (the 'Purchase Consideration') and(ii) the Accrued Interest Payment in respect of such Bonds (of U.S. per U.S. in principal amount of the Bonds).

The expected Settlement Date for the Offer is .

Contact Details:

THE OFFEROR



EC4A 3AE

THE DEALER MANAGERS

J.P Morgan Securities plc

25 Bank Street

Canary Wharf

London E14 5JP

United Kingdom

Telephone: +44 207 134 1478
Attention: ECM Europe Syndicate Desk
Email: ECM_-_Europe_Syndicate_Desk@jpmorgan.com

Standard Chartered Bank

8 Marina Boulevard, Level 20

Marina Bay Financial Centre Tower 1

Singapore 018981

Telephone: +65 6596 8435
Attention: Liability Management
Email:
liability_management@sc.com

THE TENDER AGENT

Tankerton Works
12 Argyle Walk
WC1H 8HA

Telephone: +44 20 7704 0880
Attention:
Email: vedanta@lucid-is.com

Vedanta Resources plc issued this content on 2016-01-19 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-19 07:07:09 UTC

Original Document: http://phx.corporate-ir.net/phoenix.zhtml?c=175137&p=irol-newsArticle_Print&ID=2130072