Sterlite Industries (India) Limited Consolidated Results for the Fourth Quarter and Year Ended 31 March 2012

2012 Highlights

● Operational Performance

○ Record production of refined Zinc, Lead and Silver at Zinc-India operations

○ Record Power production

▪ Commissioned two 600 MW units of the Jharsuguda power plant and synchronized the fourth 600 MW unit

● Reserves and Resources

○ Zinc-India added 27.1 mn tonnes of R&R, prior to depletion of 8.04 million tonnes

○ Mine life extended at all three assets at Zinc-International

● Financial performance

○ Revenues Rs. 40,967 crore, up 35%

○ EBITDA at Rs. 10,169 crore, up 26%

○ PAT at Rs. 7,761 crore, up 6% after exceptional items of Rs. 473 crore.

● Strong balance sheet with cash and liquid investments of Rs. 23,403 crore

● Highest ever dividend at Rs. 2/share for FY2012, including interim dividend Re.1/share

● Contribution of around Rs. 5,500 crore to Indian exchequer in terms of taxes, duties and royalties

● Merger with Sesa Goa Limited and Vedanta Group Consolidation announced.

Anil Agarwal, Chairman, Sterlite Industries (India) Ltd said; "Sterlite Industries delivered strong operating and financial performance during the year, despite macroeconomic headwinds. We continue to deliver on our growth projects, expanding and optimizing our assets to generate strong returns for our shareholders. The board has approved a dividend of Rs. 2/share for FY2012. Last quarter, we announced a merger of Sterlite with Sesa Goa, and simplification of the Vedanta Group structure. The merger process is well on track to create one of the world's largest natural resource majors, and deliver significant long term value for shareholders."