SINGAPORE, August 20, 2009 — The Bank of New York Mellon, a global leader in asset management and securities servicing, has been appointed to provide multiple corporate trust services for Vedanta Resources plc's $1.25 billion convertible bond issue. The Bank of New York Mellon will act as note trustee, registrar, paying agent, conversion and transfer agent, and common depositary.

Vedanta, a FTSE 100-listed metals and mining company, launched the $1.25 billion convertible bond on 12 June 2009 setting a new record in the Indian equity-linked market. Vedanta, which has operations in India, Australia and Zambia, will use the proceeds of the offering to finance its organic growth pipeline, to increase ownership interest in its subsidiaries and for general corporate purposes.

"Equity markets in India seem to have rebounded in the second quarter of 2009 with several commodity, property and infrastructure companies across the region keen for capital and accessing the market to sell either convertible bonds or straight equity - sometimes both," said Gary Lew, head of Asia Pacific, Corporate Trust at The Bank of New York Mellon.

"This renewed positive sentiment presents strong opportunities for The Bank of New York Mellon in India. As one of the largest capital raising deals in terms of value raised in the domestic market in the past five quarters, our work for Vedanta shows that we have the experience and track record to service groundbreaking transactions like this, which reinforces our standing as the leading corporate trust provider in the world," added Lew. "We are very proud to be associated with such a prestigious issue."

The Bank of New York Mellon's corporate trust business services nearly $12 trillion in outstanding debt from 57 locations in 19 countries. Its clients include governments and their agencies, multinational corporations, financial institutions and other entities that access the global debt capital markets. The corporate trust business utilizes its global footprint and expertise to deliver a full range of issuer and related investor services and develop customized and market-driven solutions. Its range of core services includes debt trustee, paying agency, escrow and other fiduciary offerings.

Corporate trust providers are appointed by debt issuers as well as fund and collateral management institutions to perform a variety of services related to debt and collateral administration, safekeeping, direct cash and investment management, portfolio and transparency analytics, reporting, and final asset disposition and distribution activities.

The Bank of New York Mellon Corporation is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has $20.7 trillion in assets under custody and administration, $926 billion in assets under management, services more than $11.8 trillion in outstanding debt, and processes global payments averaging $1.8 trillion per day. Additional information is available at bnymellon.com.