Cairn has been exploring for hydrocarbons in India for more than 15 years. Today, it has a proven track record of making exploration discoveries and fast tracking them to production. Three out of the seven landmark oil discoveries made in India between 2000 and 2005 were by Cairn and its Joint Venture (JV) partners. The Mangala discovery in Rajasthan in 2004 was the largest onshore discovery in the country in the past two decades. The Mangala Field commenced production on 29 August 2009 after it was dedicated to the nation by the Honourable Prime Minister of India, Dr. Manmohan Singh at the Mangala Processing Terminal in Barmer, Rajasthan. For more info log onto www.cairnindia.com

1. © 2013 Cairn India Limited
Corporate Presentation
February 2013

2. Corporate Presentation 2
Disclaimer
This material contains forward-looking statements regarding Cairn India and its affiliates, our corporate plans, 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 are 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 actual results, performance or
achievements to differ from expectations include, but are not limited to, regulatory changes, future levels of industry product
supply, demand and 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 to revise any
such forward-looking statements to 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
India, the Directorate General of Hydrocarbons or any of Cairn India’s joint venture partner.

3. Corporate Presentation 3
Overview
• Amongst top 20 global independent E&P company; Market
MF
Retail Other
Cap >US$12bn FI 3.2%
7.1% 2.6%
• Q3 FY 2012-13 average daily gross operated production of 2.5%
over 200,000 boepd; Currently operating ~25% of India’s
domestic oil production FII 15.5%
• Proven and Probable resource base over 1bn boe 58.8%
• Part of NIFTY, DJIT30 & MSCI index*; Free float ~31%** 10.3%
Cairn PLC
• Interim dividend of INR 5 per share paid for FY 2012-13 in
Nov12
Vedanta Group
Shareholding as on 23 January, 2013
“Fastest growing energy “Runners up award to “16 awards in 26th Mines
company in the world, Raageshwari Oil Mine by National Safety week 2012 under
2012” - Platts Top 250 Safety Awards (Mines) by GoI” aegis of DGMS, Ajmer”
*DJIT30: Dow Jones India Titans 30 Index , MSCI: Morgan Stanley Composite Index
**Float excludes Cairn Energy PLC holding
Vedanta Group - Twin Star Mauritius Holdings Ltd 38.7%, Sesa Goa Ltd 18.4% , Sesa Resources Ltd 1.7%,

4. Corporate Presentation 4
Consistent Value Creation across Upstream E&P Chain
• Strong Balance sheet with net cash of over US$ 2.5 bn
• Increasing production profile; Enhanced focus on exploration Well poised for
• Strong pipeline of exploration, development and production assets further Growth
• Unique manpower skill set across the E&P value chain International
Foray
Execution
Success
Exploration
Success Sri Lanka
deepwater
World class discoveries
S Africa entry
Early Rajasthan
Beginnings development
Rajasthan & CB/OS-2
discoveries
Ravva Re- Cairn India Vedanta
development IPO (2007) Acquisition
1999 2007 2012
Market Cap
(US$)
0.5bn* 6.0bn 12bn
*Market Cap of Cairn Energy PLC end 1999

5. Corporate Presentation 5
Vision and Strategy
Leverage our ... through a focused ... to achieve
Strengths ... strategy ... our Vision
• Strong E& P Player
•
o Proven track record
Realize full potential of • Best-in-class E&P
world-class Rajasthan company
of exploration and asset through aggressive
development success exploration & fast track
o Significant production development • Balanced Portfolio of
and cash flow assets
generation
• Build material positions in
• Global Talent 2-3 focused core areas • Partner of Choice for
o Diverse talent of internationally Stakeholders
>1,400 people
• Low Cost Operator • Leverage strong presence • Superior business
o Innovative application in India to build a larger performance
of technology portfolio of Indian assets

6. Corporate Presentation 6
World Class Asset Portfolio
Onshore
RJ-ON-90/1)# WI 70%
KG-ONN-2003/1 WI 49%
Offshore
KG-DWN-98/2^ WI 10% RJ-ON-90/1
PKGM-1 (Ravva)# WI 22.5%
KG-OSN-2009/3* WI 100% INDIA
PR-OSN-2004/1* WI 35%
CB/OS-2# WI 40% CB/OS-2
MB-DWN-2009/1* WI 100%
KG-ONN-2003/1 RAVVA
International
MB-DWN-2009/1 KG-OSN-2009/3
KG-DWN-98/2
SL 2007-01-001 WI 100% SOUTH
BLOCK 1 AFRICA
South Africa - WI 60% PR-OSN-2004/1
Block 1**
Operating Blocks
SL-2007-01-001 Non-Operating Blocks
SRI LANKA
• Q3 FY 2012-13: Average Daily Gross operated production at 205,014 boe; Cairn (WI - Working Interest) production at 128,058 boe
• FY 2011-12 Reserve and Resource Replacement Ratio of 175%
# Producing Blocks ; *Under Force Majeure – GoI granted conditional approval, discussions in progress for unrestricted access
** Farm in agreement signed on 16 August, 2012; Assignment of 60% interest and ownership granted by SA regulatory authorities, other approval on schedule
^ Cairn India is in final stages of executing the farm-out to its JV partner, ONGC; GoI approvals have been obtained

7. Corporate Presentation 7
Strong Financial Performance
Significant growth in revenue and
… leading to strong balance sheet …
operating cash flow …
+39% 9m FY 2011-12
9m FY 2012-13 Cash Position in US$ bn as on 31 Dec, 2012
+32%
US$ m
Gross Cash 2.76
2,417
1,745 Debt (0.09)
1,529
1,154
Net Cash 2.67
Revenue CFFO*
… providing flexibility to invest in growth… … and capital distribution
Company wide Net Capex (US$ bn) • Dividend payout policy of around 20% of
annual consolidated net profits
Till FY 2011-12 ~4.3
• Paid Interim Cash Dividend of INR 5 per
FY 2012-13 & FY 2013-14 (E) ~2.0** equity share in Nov 2012 for FY 2012-13
*Cash Flow from Operations (CFFO): refers to PAT (excluding other income and exceptional item) prior to non-cash expenses and
exploration costs,
** Capex Estimate Breakdown : Rajasthan - 60% (Development 30% ; Exploration 30%); Other Assets and New Ventures – 40%

8. Corporate Presentation 8
Rajasthan Operational Highlights
• RJ Exploration approval obtained; target to drill first E&A well by
end FY 2012-13
• Production from Rajasthan block at ~175,000 bopd
• Mangala field sustained production at peak rates over last 10.1%
two years; currently producing ~150,000 bopd post GoI 21.8%
approval; measures underway for plateau sustenance 6.4%
• Bhagyam field currently producing between 20-25,000
bopd; focus on drilling of additional wells
• Aishwariya field development on track; expect commencement
of production by end FY 2012-13
• Production ramp up to 200-215,000 bopd by end FY 2013-14
• Mangala EOR polymer pilot successful; full field implementation* 59.0%
will result in plateau sustenance; EOR ASP pilot expected to
begin by Q1 FY 2013-14
• Pipeline debottlenecking trials via DRA** application completed;
JV alignment obtained
Note: In line with standard industry practice, we expect routine downtime of 3-5% for the MPT facilities
*Subject to GoI approval, **Drag Reducing Agent

9. Corporate Presentation 9
Rajasthan Crude Offtake
• Sold more than 130 mm bbls of crude to Indian refiners;
generated gross revenues in excess of US$ 12 bn to date
• Current sales arrangements in excess of 175,000 bopd with PSU
10.1%
& Private refineries; negotiations ongoing for FY 13-14 renewal
21.8%
6.4%
• Crude Pricing
o Benchmarked to comparable low sulphur crude - Bonny
Light
o Discount guidance at an average of 10-15% to Brent
• The MPT to Salaya section of the pipeline is currently operating
at ~175,000 bopd; continues to safely deliver crude oil
59.0%
o Recorded more than 6 million LTI-free man hours to date
o Provides access to over 1.6 mm b/d refining capacity
o Debottlenecking trials completed; JV alignment obtained
• Work initiated on ~80 km Salaya to Bhogat section; expected to
be mechanically completed in H1 CY 2013

10. Corporate Presentation 10
Rajasthan Resource and Value Potential
Resource Future Development & Prospective
Under Development Total % inc from
Resource previous
Potential
(mm boe) Gross 2,168 2,010 EXPLORATION 3,100 11%
MBARS BH + 19 Disc. 7,278
In Place
Gross EUR 1,044 (~48%) 165 (~8%) 530 (~17%) 1,739 24%
Expected Gross
Production 300**
(kbopd)
200 - 215
~175
Note-
Gross EUR Includes EOR
potential of 238 mmbbls; balance
70mmbbls booked as reserves
MBARS – Mangala, Bhagyam,
Aishwariya, Raageshwari,
Saraswati
Company upgraded the numbers
as on 31 March 2012
*By end FY 2013-14
* *Subject to approvals
Apr-12 FY 2013-14* Block Map with 25 discoveries to date

11. Corporate Presentation 11
Securing Long-Term Growth through Exploration
Focused on growing our portfolio Rajasthan – Realize full basin potential
Net Unrisked Prospective
Portfolio Growth 2,100 • Exploration potential estimated at 530
Resource (mmboe)
mmboe gross recoverable risked
1,400 prospective resource
• E&A drilling expected by end FY 2012-13
350
2007 2009 2011
Growth in India … … and focused international areas
• KG-ONN-2003/1: appraisal of largest • Sri Lanka: Opened up Mannar basin
onshore discovery in KG basin through gas discoveries; Drilling of
phase 2 exploration well advanced by
• Ravva: “High Value High Risk” deeper quarter to Q4FY 2012-13
prospect identified & MC approval
received; drilling planned in FY 2013-14 • South Africa: 60% interest &
operatorship granted by SA regulatory
• CB/OS-2: Infill drilling campaign in authorities; Tendering for acquisition of
progress; first well completed successfully 3D seismic data complete

12. Corporate Presentation 12
Portfolio Exploration Work Program
Block Exploration Work Program
E&A well drilling by end FY 2012-
RJ-ON-90/1
13
Exploration well drilling in FY
Ravva
2013-14
RJ-ON-90/1
CB/OS-2 Infill drilling on going
Appraisal well drilling planned in
INDIA
Q1 FY 2013-14 to evaluate size
KG-ONN-2003/1
& commerciality of 2nd discovery- CB/OS-2
Nagayalanka-SE-1
Under divestment (GoI approvals RAVVA
KG-DWN-98/2* KG-ONN-2003/1
obtained) MB-DWN-2009/1 KG-OSN-2009/3
KG-DWN-98/2
KG-OSN-2009/3
PR-OSN-2004/1
GoI granted conditional access;
PR-OSN-2004/1 discussions ongoing for
unrestricted access
MB-DWN-2009/1
SL-2007-01-001
BLOCK 1
Phase 2 Exploration drilling in SRI LANKA
SL-2007-01-001
Feb 2013
SOUTH AFRICA
Tendering for acquisition of 3D
Block 1 (South Africa)
seismic data completed Successful exploration with >10 years success ratio of ~50%
Play based approach to build portfolio
*Non Operated Block – Under divestment

13. Corporate Presentation 13
High Value Exploration in Rajasthan
 Received GoI approval on further exploration in the FY 2013-14
block Proposed E&A Wells
 Aggressive exploration program slated -
 Identified ~100 prospects in the block; targeting 530
mmboe gross recoverable risked prospective
resource
 Plan to drill ~30 E&A wells in a year (~100 wells in 3
years)
 Plan to initially drill out high potential prospects and
number of play types
 Additional 3D seismic data acquisition and processing
over 3 years covering >50% of block area
 Target to drill first E&A well by end FY 2012-13
Appraisal wells
Exploration Wells

14. Corporate Presentation 14
High Impact Exploration in KG Onshore - East Coast of
India
N
NAGAYALANKA-1Z NAGAYALANKA-SE-1
0
l 5 km
A A’ Nagayalanka
A
Nagayalanka-1z
! Nagayalanka-SE-1
!
(
!
(
!
Raghavapuram Shale
A’ LEGEND
Oil Discovery
Discovery Well
River
KG-ONN-2003-1 Block
India
Established New play
GolapalliSand
• Nagayalanka-SE discovery- largest
oil discovery in KG onshore to date;
Late Syn-Rift two successive oil discoveries in the
Early Syn-Rift block
• Deeper Cretaceous play established
in less explored region
Basement • Appraisal activity is being planned to
evaluate size and commerciality
• DoC for the first discovery filed • Two successful wells proved Gross
• Tendering for rig & services ongoing for appraisal drilling in Q1 FY 2013-14 oil column of 300 meters
to evaluate size and commerciality of Nagayalanka-SE-1 • Cumulative In-place volumes at
• A total of 6 wells drilled in the block during Phase 1 & 2 ~550 mm boe

15. Corporate Presentation 15
Frontier Deep Water Exploration – Sri Lanka
A BARRACUDA DORADO A’
A
A
A’
Eocene
Cretaceous
Successful Frontier Deepwater Exploration
• Dorado-91H/1z: First well in SL after three
decades; first deep water well in SL
•
Basement
First ever discovery of hydrocarbons in SL
Forward programme (Phase 2)
• Barrcuda-1G/1: 2nd successive Gas
discovery
• Additional 600 km2 high quality 3D seismic completed • Establishment of a working hydrocarbon
• Exploration well drilling under Phase 2 advanced by a quarter; Rig system in the Mannar Basin
secured & spud planned in February 2013 • Potential commercial interest notification
submitted for the two discoveries

16. Corporate Presentation 16
Diverse and Experienced Talent Pool
Global Expertise
Technical
• Leadership from 9 nationalities across 4 Support ~2,000
continents
• Prior experience across more than 50 countries
1,449
Experience & Depth
• Strong base in India with over 1,400 people
• Young and dynamic workforce with average age 1,173
of ~37 years
• Senior leadership experience with an average of 562
over 24 years
• Geo – technical experience with an average of 466
over 11 years 276
96
• Project & Operations experience with an average
of over 14 years Dec-06 Dec-12
IPO Current Budgeted
• Support experience with an average of over 13
years

17. Corporate Presentation 17
Partnership with the Community
• Local content development
o Through Enterprise Center
o Create pool of skilled manpower
• Proactive engagement with stakeholders
• Demonstrate leadership in corporate citizenship
• Partnering with communities through our principles of
respect, relationship and responsibility
Areas of Focus
Education
Infrastructure
Development
Economic
Development
Health

18. Corporate Presentation 18
Summary
• Amongst top 20 Global independent E&P players with world-class assets
• Proven track record of Exploration and Development success
• Strong Balance Sheet providing flexibility to invest in growth and support dividend policy
• Focused strategy to deliver stated Vision
o Rajasthan - Realize full potential of world-class asset through aggressive exploration and fast-
track development
o International – Build material position in 2-3 core areas
o India – Build larger portfolio of assets

19. Corporate Presentation 19
Contact Details
Investor Relations
Anurag Pattnaik, DGM - Geology & Investor Relations
Email: cilir@cairnindia.com
M: +91 – 99104 87716
10.1%
21.8%
Media 6.4%
Dr. Sunil Bharati, Head - Corporate Affairs & Communications
Email: cilmediainfo@cairnindia.com
M: +91 - 99104 86055
Address
Cairn India Ltd
4th Floor, Vipul Plaza 59.0%
Sun City, Sector-54
Gurgaon 122 002, India SRI LANKA
www.cairnindia.com