Srinivasan Venkatakrishnan said: "Vedanta has an outstanding reputation as a global, diversified resources business with world-class assets and an exceptional team. I'm honoured to be working with the Chairman, Anil Agarwal, and the Board in leading the next phase of the Group's development. My initial focus will be to ensure continued operational excellence, efficient cost management and capital discipline across the portfolio, while continuing to drive improvements to the overall sustainability performance of the business, thereby creating long-term value for all stakeholders."

Additional Information:

There is no further information to be disclosed in accordance with paragraph 9.6.13 of the Listing Rules of the UK Listing Authority. Venkat's compensation package will be in accordance with the Company's approved Remuneration Policy and broadly in line with that received by our previous Chief Executive. The details will be fully disclosed in our 2018 Annual Report.

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