CAIRN INDIA

Corporate Presentation

December 2011

2

Disclaimer

These materials contain forward-looking statements regarding Cairn India our corporate plans future financial

condi t ion future resul ts of operat ions future business plans and strategies Al l such forward- looking

statements are based on our managements 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

uncertaint ies and actual results performance and achievements may be material ly dif ferent 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 Indiarsquos expectations

with regard thereto or any change in circumstances or events after the date hereof

3

Holding Structure

IPO December 2006

Listed on BSE amp NSE in January 2007

Part of NIFTY index amp DJIT30

Over 200000 Indian retail shareholders

Market Cap gtUSD11billion amongst Indiarsquos top 20

Total Equity of 1903million shares Free float ~19

DJIT30 Dow Jones India Titans 30 Index Free float excludes Cairn PLC holding

FII

64

Vedanta Group

590

Cairn PLC

218

Institutions26

Retail

101

As on 8Dec 2011

4

World Class Asset Base

Cambay (CBOS-2)

Cairn (Operator) 40

ONGC 50

Tata Petrodyne 10

Ravva (PKGM-1)

Cairn (Operator) 225

ONGC 40

Videocon 25

Ravva Oil 125

Rajasthan (RJ-ON-901)

Cairn (Operator) 70

ONGC 30

Production Blocks Exploration Potential

Sri Lanka

SL 2007-01-001 WI 100

East Coast

KG-DWN-982 WI 10

KG-ONN-20031 WI 49

PKGM-1 (Ravva) WI 225

KG-OSN-20093 WI 100

PR-OSN-20041 WI 35

Rajasthan

RJ-ON-901 WI 70

West Coast

CBOS-2 WI 40

KK-DWN-20041 WI 40

MB-DWN-20091 WI 100

Q2 FY 2011-12 Average Daily Gross operated production at 169944 boe Cairn (Working Interest) at 99220 boe

10 blocks in the Portfolio

Under Force Majure

5

Growth Strategy

Maximise

recovery from

production base

Execute

Rajasthan

development

Maximise

Potential in

Rajasthan

Identify

new growth

opportunities

Increased Ravva

reserves by 20 in

2010

gt16 years of low cost

operations in Ravva

Initiatives to slow

down production

decline ndash 4D seismic

Infill drilling

GBA agreement for

sharing gas from the

shared reservoir in

CBOS-2

Mangala completed 2

years of production

current production-

125kbopd

Crude transports

through Pipeline

MBA approved peak

production at 175

kbopd

Increased recovery

through EOR pilot

progressing well

gt3000 km2 in Barmer

Basin under contract

Resource base at 65

bn boe

Monetise Barmer Hill

(BH) amp Other Fields

BH DoC filed FDP

under preparation

Vision to produce 240

kbopd significant

part from MBA

Discovery in first

overseas venture in

Sri Lanka

Exploration and

Appraisal drilling in

KG-ONN-20031

New plays in

Rajasthan

Existing portfolio

enhancement

GBA Gas Balancing Agreement MBA Mangala Bhagyam Aishwariya subject to JV and GoI approval amp additional investments

6

Financial Highlights

CFFO is calculated as profit after tax (excluding other income) prior to non-cash expenses (non-cash employee cost

depreciation depletion amortisation and deferred tax) and exploration cost without adjusting exceptional item

The company started sharing Profit Petroleum with the GoI in the Rajasthan block at the rate of 20 under the

Production Sharing Contract (PSC) framework

till 30 Sept 2011

Q2 FY 2011-12 USD million

Net Revenue ~578

EBIDTA ~450

NormalisedReported Profit After Tax (PAT) ~461167

Cash Flow from Operations (CFFO) ~428

Quarterly NormalisedReported EPS INR 1113401 per share

Rajasthan Capex USD million

Gross Net

Exploration 626 564

Development 3222 2255

Total 3848 2819

Net Cash as on 30th Sept 2011 at USD 1458 million

7

Financial Highlights

165

174

161

172

170

68

74

92

104

100

0 50 100 150 200

Q2 FY11

Q3 FY11

Q4 FY11

Q1 FY12

Q2 FY12

Price Realization (USDboe) Gross Production (Kbopd)

577

691

808

830

578

0 200 400 600 800

Revenue

341

448

543

610

461

0 200 400 600 800

Q2 FY11

Q3 FY11

Q4 FY11

Q1 FY12

Q2 FY12

PAT

USD Million

337

455

577

576

428

0 200 400 600 800

Cash Flow from Operations

USD Million

USD Million

PAT and CFFO are without adjusting on time exceptional item of past Rajasthan royalty costs

8

Rajasthan - Frontier to Producing Basin

Development amp ProductionExploration amp Appraisal

ViramgamGujarat

Rajasthan

Koyali

Tankers to

Coastal Refineries

Jamnagar

Salaya

Kandla

Bhogat

AishwariyaBhagyam

Mangala

Oil

Gas

Raageshwari

Mangala

Processing

Terminal

Frontier Exp

1995 - 2002

25 discoveries to date

gt3000 kmsup2 approved development area

9

Rajasthan Update

Mangala production ~125000 bopd reservoir performance as per

expectations

Produced and sold gt60 mmbbls of crude to Indian refiners gross

cumulative field revenue in excess of USD 5 billion to date

Bhagyam ready to commence production subject to GoI approval

Expect to exit FY 2011-12 at 175000bopd with the support of JV

and GoI

Development of Aishwariya underway plan to commence

production in H2 CY 2012 subject to JV and GoI approval

Significant part of currently envisaged basin potential of 240000

bopd to be met from MBA fields

Augmentation of processing capacity and pipeline infrastructure to

deliver currently envisaged basin potential in CY 2013

Total Pipe Diameter

790 mm (32rdquo)

Poly Urethane

Foam Insulation

Heat Tube

High Density

Polyethylene Wrap

MPT

Pipeline

Data as per 20 Oct 2011 press release

10

Rajasthan - Crude Marketing

Worldrsquos longest continuously heated amp insulated

pipeline operational

Sales arrangements in place for 155000 bopd

bull With PSU amp Private refineries

bull Discussions continue with GoI for further nominations

Crude Pricing

bull Reference to comparable low sulphur crude - Bonny

Light

bull Price represents a 10-15 discount to Brent on basis

of prices prevailing for 12 months to Sept 2011

Completion of Salaya to Bhogat section of pipeline

including Bhogat terminal amp marine facility scheduled

for H2 CY 2012

bull Access to 75 of Indiarsquos refining capacity

Viramgam

KoyaliJamnagar

Salaya

Kandla

Mangala

Delivery through ~590 km

heated pipeline

from Barmer to Salaya

Radhanpur

Bhogat

Refinery

Existing Pipelines

Pipeline Route

Tankers to Coastal Refineries

11

Rajasthan - Future Resource And Value Potential

mmbblsmmbbls

Gross Initial

In Place

Volumes

20 additional

discovered

fields including

Barmer Hill

MBA Fields

Raageshwari

and Saraswati

FDP approved

21 Billion boe

~4 Billion boe

~65 Billion boe

Contingent

In Place

MBA

STOIIP

R amp S STOIIP

In Place

Prospective

Most Likely

1293

M

468

B

293

A

78

R amp S

Gas

GIIP

Oil

STOIIP

Contingent

Resource

R amp S 12

M

477

B

151

A 66

707

2P+2C

MBA

EOR

308

MBA EOR

140

BH

+ Others

Barmer Hill

+Other Fields

Risked

Prospective

Resource

250

Risked

Prospects

Leads amp

Concepts

~25 Billion boe in

35+ prospects

Gross Reserves

Resources 1 and Potential2

1 The independent estimates of Reserves and Contingent Resources recently carried out by DampM are in line with the CIL estimates

2 Top 35 prospects audited by DampM risked resource 178 mmbbls

Data as per 23 March 2010 press release

12

Rajasthan - Vision For Growth

FDP

Approved

Production

175000

bopd

Current

Envisaged

Basin potential

240000 bopd

MBAbull MBA Reservoir Performance

bull EOR Pilot Implementation

bull BH Pilots and Development

bull Exploration and Appraisal

Technical and Operational

bull JV Approvals

bull Additional SalesRegulatory

bull Facilities and pipeline

bull EOR full field implementation

bull BH staged development

bull Exploration

Investment

13

Exploration Programme

RAVVAInfill drilling

completed

KG-ONN-20031

Nagayalanka-1Z discovered

Exploration amp Appraisal well

drilling in progress

PR-OSN-20041

Under Force Majeure

RJ-ON-901

Assessing new plays

generate new prospects

SL-2007-01-001

3 exploration well program 1st amp 2nd

wells encountered hydrocarbon 3rd

well drilling in progressSRI LANKA

KK-DWN-20041

Acquired 300 km2 3D

data processing in

progress

NON-OPERATED

OPERATED

Major long term player

Large proprietary database

Experienced team

Successful exploration over 10

years Success ratio ~50

Play based approach to building portfolio

Diversity of basin plays and environments

Ongoing regional petroleum system studies

ldquoDrill Bit explorationrdquo gt190 exploratory

appraisal wells

I N D I AMB-DWN-20091

Under Force Majeure

KG-DWN-982

3 appraisal wells drilled

KG-OSN-20093

Under Force

Majeure

14

Exploration - Sri Lanka Block (SL 2007-01-001)

India

SRI LANKA

50km

SL-2007-01-001

Cairn Lanka 100 Working Interest (NOC back-

in 15)

bull Cairn Indiarsquos first overseas venture

bull Block Area ~3000 km2

bull Water depth 400 -1900m

Under explored frontier basin with multiple

plays

Exploration Program

bull Drilling commenced in August 2011 3

exploration wells program

bull Successive discoveries in the two

exploration wells drilled

bull Establishment of working hydrocarbon

system in the basin

bull 3rd exploration well drilling in progress

15

Engaging with the Community

Strategic Intent

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

Health

Economic

Development

16

Summary

Rajasthan

bull Mangala production at its currently approved plateau of 125000 bopd

bull Delivery to domestic refiners through pipeline

bull Gross field revenue in excess of USD 5 billion

bull Enhanced oil recovery potential pilot ongoing

bull World class resource base ndash focussed on delivery amp growth

bull Vision to produce 240000 bopd achieve significant part from MBA

bull Strong economic contribution to the State of Rajasthan and Government of India

Initiatives to slow down the rate of production decline in Ravva and CB

Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl

Success through innovative application of technology

First overseas discovery made in Sri Lanka 3rd well drilling in progress

For the period Q2 FY 2011-12

17

Contact Details

Investor Relations

Anurag Mantri Group Financial Controller

Email cilircairnindiacom

M +91 ndash 98103 01321

Media

Manu Kapoor Director ndash Corporate Affairs amp Communications

Email cilmediainfocairnindiacom

M +91- 97178 90260

Address

Cairn India Ltd

4th Floor Vipul Plaza

Sun City Sector-54

Gurgaon 122 002 India

wwwcairnindiacom

2

Disclaimer

These materials contain forward-looking statements regarding Cairn India our corporate plans future financial

condi t ion future resul ts of operat ions future business plans and strategies Al l such forward- looking

statements are based on our managements 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

uncertaint ies and actual results performance and achievements may be material ly dif ferent 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 Indiarsquos expectations

with regard thereto or any change in circumstances or events after the date hereof

3

Holding Structure

IPO December 2006

Listed on BSE amp NSE in January 2007

Part of NIFTY index amp DJIT30

Over 200000 Indian retail shareholders

Market Cap gtUSD11billion amongst Indiarsquos top 20

Total Equity of 1903million shares Free float ~19

DJIT30 Dow Jones India Titans 30 Index Free float excludes Cairn PLC holding

FII

64

Vedanta Group

590

Cairn PLC

218

Institutions26

Retail

101

As on 8Dec 2011

4

World Class Asset Base

Cambay (CBOS-2)

Cairn (Operator) 40

ONGC 50

Tata Petrodyne 10

Ravva (PKGM-1)

Cairn (Operator) 225

ONGC 40

Videocon 25

Ravva Oil 125

Rajasthan (RJ-ON-901)

Cairn (Operator) 70

ONGC 30

Production Blocks Exploration Potential

Sri Lanka

SL 2007-01-001 WI 100

East Coast

KG-DWN-982 WI 10

KG-ONN-20031 WI 49

PKGM-1 (Ravva) WI 225

KG-OSN-20093 WI 100

PR-OSN-20041 WI 35

Rajasthan

RJ-ON-901 WI 70

West Coast

CBOS-2 WI 40

KK-DWN-20041 WI 40

MB-DWN-20091 WI 100

Q2 FY 2011-12 Average Daily Gross operated production at 169944 boe Cairn (Working Interest) at 99220 boe

10 blocks in the Portfolio

Under Force Majure

5

Growth Strategy

Maximise

recovery from

production base

Execute

Rajasthan

development

Maximise

Potential in

Rajasthan

Identify

new growth

opportunities

Increased Ravva

reserves by 20 in

2010

gt16 years of low cost

operations in Ravva

Initiatives to slow

down production

decline ndash 4D seismic

Infill drilling

GBA agreement for

sharing gas from the

shared reservoir in

CBOS-2

Mangala completed 2

years of production

current production-

125kbopd

Crude transports

through Pipeline

MBA approved peak

production at 175

kbopd

Increased recovery

through EOR pilot

progressing well

gt3000 km2 in Barmer

Basin under contract

Resource base at 65

bn boe

Monetise Barmer Hill

(BH) amp Other Fields

BH DoC filed FDP

under preparation

Vision to produce 240

kbopd significant

part from MBA

Discovery in first

overseas venture in

Sri Lanka

Exploration and

Appraisal drilling in

KG-ONN-20031

New plays in

Rajasthan

Existing portfolio

enhancement

GBA Gas Balancing Agreement MBA Mangala Bhagyam Aishwariya subject to JV and GoI approval amp additional investments

6

Financial Highlights

CFFO is calculated as profit after tax (excluding other income) prior to non-cash expenses (non-cash employee cost

depreciation depletion amortisation and deferred tax) and exploration cost without adjusting exceptional item

The company started sharing Profit Petroleum with the GoI in the Rajasthan block at the rate of 20 under the

Production Sharing Contract (PSC) framework

till 30 Sept 2011

Q2 FY 2011-12 USD million

Net Revenue ~578

EBIDTA ~450

NormalisedReported Profit After Tax (PAT) ~461167

Cash Flow from Operations (CFFO) ~428

Quarterly NormalisedReported EPS INR 1113401 per share

Rajasthan Capex USD million

Gross Net

Exploration 626 564

Development 3222 2255

Total 3848 2819

Net Cash as on 30th Sept 2011 at USD 1458 million

7

Financial Highlights

165

174

161

172

170

68

74

92

104

100

0 50 100 150 200

Q2 FY11

Q3 FY11

Q4 FY11

Q1 FY12

Q2 FY12

Price Realization (USDboe) Gross Production (Kbopd)

577

691

808

830

578

0 200 400 600 800

Revenue

341

448

543

610

461

0 200 400 600 800

Q2 FY11

Q3 FY11

Q4 FY11

Q1 FY12

Q2 FY12

PAT

USD Million

337

455

577

576

428

0 200 400 600 800

Cash Flow from Operations

USD Million

USD Million

PAT and CFFO are without adjusting on time exceptional item of past Rajasthan royalty costs

8

Rajasthan - Frontier to Producing Basin

Development amp ProductionExploration amp Appraisal

ViramgamGujarat

Rajasthan

Koyali

Tankers to

Coastal Refineries

Jamnagar

Salaya

Kandla

Bhogat

AishwariyaBhagyam

Mangala

Oil

Gas

Raageshwari

Mangala

Processing

Terminal

Frontier Exp

1995 - 2002

25 discoveries to date

gt3000 kmsup2 approved development area

9

Rajasthan Update

Mangala production ~125000 bopd reservoir performance as per

expectations

Produced and sold gt60 mmbbls of crude to Indian refiners gross

cumulative field revenue in excess of USD 5 billion to date

Bhagyam ready to commence production subject to GoI approval

Expect to exit FY 2011-12 at 175000bopd with the support of JV

and GoI

Development of Aishwariya underway plan to commence

production in H2 CY 2012 subject to JV and GoI approval

Significant part of currently envisaged basin potential of 240000

bopd to be met from MBA fields

Augmentation of processing capacity and pipeline infrastructure to

deliver currently envisaged basin potential in CY 2013

Total Pipe Diameter

790 mm (32rdquo)

Poly Urethane

Foam Insulation

Heat Tube

High Density

Polyethylene Wrap

MPT

Pipeline

Data as per 20 Oct 2011 press release

10

Rajasthan - Crude Marketing

Worldrsquos longest continuously heated amp insulated

pipeline operational

Sales arrangements in place for 155000 bopd

bull With PSU amp Private refineries

bull Discussions continue with GoI for further nominations

Crude Pricing

bull Reference to comparable low sulphur crude - Bonny

Light

bull Price represents a 10-15 discount to Brent on basis

of prices prevailing for 12 months to Sept 2011

Completion of Salaya to Bhogat section of pipeline

including Bhogat terminal amp marine facility scheduled

for H2 CY 2012

bull Access to 75 of Indiarsquos refining capacity

Viramgam

KoyaliJamnagar

Salaya

Kandla

Mangala

Delivery through ~590 km

heated pipeline

from Barmer to Salaya

Radhanpur

Bhogat

Refinery

Existing Pipelines

Pipeline Route

Tankers to Coastal Refineries

11

Rajasthan - Future Resource And Value Potential

mmbblsmmbbls

Gross Initial

In Place

Volumes

20 additional

discovered

fields including

Barmer Hill

MBA Fields

Raageshwari

and Saraswati

FDP approved

21 Billion boe

~4 Billion boe

~65 Billion boe

Contingent

In Place

MBA

STOIIP

R amp S STOIIP

In Place

Prospective

Most Likely

1293

M

468

B

293

A

78

R amp S

Gas

GIIP

Oil

STOIIP

Contingent

Resource

R amp S 12

M

477

B

151

A 66

707

2P+2C

MBA

EOR

308

MBA EOR

140

BH

+ Others

Barmer Hill

+Other Fields

Risked

Prospective

Resource

250

Risked

Prospects

Leads amp

Concepts

~25 Billion boe in

35+ prospects

Gross Reserves

Resources 1 and Potential2

1 The independent estimates of Reserves and Contingent Resources recently carried out by DampM are in line with the CIL estimates

2 Top 35 prospects audited by DampM risked resource 178 mmbbls

Data as per 23 March 2010 press release

12

Rajasthan - Vision For Growth

FDP

Approved

Production

175000

bopd

Current

Envisaged

Basin potential

240000 bopd

MBAbull MBA Reservoir Performance

bull EOR Pilot Implementation

bull BH Pilots and Development

bull Exploration and Appraisal

Technical and Operational

bull JV Approvals

bull Additional SalesRegulatory

bull Facilities and pipeline

bull EOR full field implementation

bull BH staged development

bull Exploration

Investment

13

Exploration Programme

RAVVAInfill drilling

completed

KG-ONN-20031

Nagayalanka-1Z discovered

Exploration amp Appraisal well

drilling in progress

PR-OSN-20041

Under Force Majeure

RJ-ON-901

Assessing new plays

generate new prospects

SL-2007-01-001

3 exploration well program 1st amp 2nd

wells encountered hydrocarbon 3rd

well drilling in progressSRI LANKA

KK-DWN-20041

Acquired 300 km2 3D

data processing in

progress

NON-OPERATED

OPERATED

Major long term player

Large proprietary database

Experienced team

Successful exploration over 10

years Success ratio ~50

Play based approach to building portfolio

Diversity of basin plays and environments

Ongoing regional petroleum system studies

ldquoDrill Bit explorationrdquo gt190 exploratory

appraisal wells

I N D I AMB-DWN-20091

Under Force Majeure

KG-DWN-982

3 appraisal wells drilled

KG-OSN-20093

Under Force

Majeure

14

Exploration - Sri Lanka Block (SL 2007-01-001)

India

SRI LANKA

50km

SL-2007-01-001

Cairn Lanka 100 Working Interest (NOC back-

in 15)

bull Cairn Indiarsquos first overseas venture

bull Block Area ~3000 km2

bull Water depth 400 -1900m

Under explored frontier basin with multiple

plays

Exploration Program

bull Drilling commenced in August 2011 3

exploration wells program

bull Successive discoveries in the two

exploration wells drilled

bull Establishment of working hydrocarbon

system in the basin

bull 3rd exploration well drilling in progress

15

Engaging with the Community

Strategic Intent

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

Health

Economic

Development

16

Summary

Rajasthan

bull Mangala production at its currently approved plateau of 125000 bopd

bull Delivery to domestic refiners through pipeline

bull Gross field revenue in excess of USD 5 billion

bull Enhanced oil recovery potential pilot ongoing

bull World class resource base ndash focussed on delivery amp growth

bull Vision to produce 240000 bopd achieve significant part from MBA

bull Strong economic contribution to the State of Rajasthan and Government of India

Initiatives to slow down the rate of production decline in Ravva and CB

Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl

Success through innovative application of technology

First overseas discovery made in Sri Lanka 3rd well drilling in progress

For the period Q2 FY 2011-12

17

Contact Details

Investor Relations

Anurag Mantri Group Financial Controller

Email cilircairnindiacom

M +91 ndash 98103 01321

Media

Manu Kapoor Director ndash Corporate Affairs amp Communications

Email cilmediainfocairnindiacom

M +91- 97178 90260

Address

Cairn India Ltd

4th Floor Vipul Plaza

Sun City Sector-54

Gurgaon 122 002 India

wwwcairnindiacom

3

Holding Structure

IPO December 2006

Listed on BSE amp NSE in January 2007

Part of NIFTY index amp DJIT30

Over 200000 Indian retail shareholders

Market Cap gtUSD11billion amongst Indiarsquos top 20

Total Equity of 1903million shares Free float ~19

DJIT30 Dow Jones India Titans 30 Index Free float excludes Cairn PLC holding

FII

64

Vedanta Group

590

Cairn PLC

218

Institutions26

Retail

101

As on 8Dec 2011

4

World Class Asset Base

Cambay (CBOS-2)

Cairn (Operator) 40

ONGC 50

Tata Petrodyne 10

Ravva (PKGM-1)

Cairn (Operator) 225

ONGC 40

Videocon 25

Ravva Oil 125

Rajasthan (RJ-ON-901)

Cairn (Operator) 70

ONGC 30

Production Blocks Exploration Potential

Sri Lanka

SL 2007-01-001 WI 100

East Coast

KG-DWN-982 WI 10

KG-ONN-20031 WI 49

PKGM-1 (Ravva) WI 225

KG-OSN-20093 WI 100

PR-OSN-20041 WI 35

Rajasthan

RJ-ON-901 WI 70

West Coast

CBOS-2 WI 40

KK-DWN-20041 WI 40

MB-DWN-20091 WI 100

Q2 FY 2011-12 Average Daily Gross operated production at 169944 boe Cairn (Working Interest) at 99220 boe

10 blocks in the Portfolio

Under Force Majure

5

Growth Strategy

Maximise

recovery from

production base

Execute

Rajasthan

development

Maximise

Potential in

Rajasthan

Identify

new growth

opportunities

Increased Ravva

reserves by 20 in

2010

gt16 years of low cost

operations in Ravva

Initiatives to slow

down production

decline ndash 4D seismic

Infill drilling

GBA agreement for

sharing gas from the

shared reservoir in

CBOS-2

Mangala completed 2

years of production

current production-

125kbopd

Crude transports

through Pipeline

MBA approved peak

production at 175

kbopd

Increased recovery

through EOR pilot

progressing well

gt3000 km2 in Barmer

Basin under contract

Resource base at 65

bn boe

Monetise Barmer Hill

(BH) amp Other Fields

BH DoC filed FDP

under preparation

Vision to produce 240

kbopd significant

part from MBA

Discovery in first

overseas venture in

Sri Lanka

Exploration and

Appraisal drilling in

KG-ONN-20031

New plays in

Rajasthan

Existing portfolio

enhancement

GBA Gas Balancing Agreement MBA Mangala Bhagyam Aishwariya subject to JV and GoI approval amp additional investments

6

Financial Highlights

CFFO is calculated as profit after tax (excluding other income) prior to non-cash expenses (non-cash employee cost

depreciation depletion amortisation and deferred tax) and exploration cost without adjusting exceptional item

The company started sharing Profit Petroleum with the GoI in the Rajasthan block at the rate of 20 under the

Production Sharing Contract (PSC) framework

till 30 Sept 2011

Q2 FY 2011-12 USD million

Net Revenue ~578

EBIDTA ~450

NormalisedReported Profit After Tax (PAT) ~461167

Cash Flow from Operations (CFFO) ~428

Quarterly NormalisedReported EPS INR 1113401 per share

Rajasthan Capex USD million

Gross Net

Exploration 626 564

Development 3222 2255

Total 3848 2819

Net Cash as on 30th Sept 2011 at USD 1458 million

7

Financial Highlights

165

174

161

172

170

68

74

92

104

100

0 50 100 150 200

Q2 FY11

Q3 FY11

Q4 FY11

Q1 FY12

Q2 FY12

Price Realization (USDboe) Gross Production (Kbopd)

577

691

808

830

578

0 200 400 600 800

Revenue

341

448

543

610

461

0 200 400 600 800

Q2 FY11

Q3 FY11

Q4 FY11

Q1 FY12

Q2 FY12

PAT

USD Million

337

455

577

576

428

0 200 400 600 800

Cash Flow from Operations

USD Million

USD Million

PAT and CFFO are without adjusting on time exceptional item of past Rajasthan royalty costs

8

Rajasthan - Frontier to Producing Basin

Development amp ProductionExploration amp Appraisal

ViramgamGujarat

Rajasthan

Koyali

Tankers to

Coastal Refineries

Jamnagar

Salaya

Kandla

Bhogat

AishwariyaBhagyam

Mangala

Oil

Gas

Raageshwari

Mangala

Processing

Terminal

Frontier Exp

1995 - 2002

25 discoveries to date

gt3000 kmsup2 approved development area

9

Rajasthan Update

Mangala production ~125000 bopd reservoir performance as per

expectations

Produced and sold gt60 mmbbls of crude to Indian refiners gross

cumulative field revenue in excess of USD 5 billion to date

Bhagyam ready to commence production subject to GoI approval

Expect to exit FY 2011-12 at 175000bopd with the support of JV

and GoI

Development of Aishwariya underway plan to commence

production in H2 CY 2012 subject to JV and GoI approval

Significant part of currently envisaged basin potential of 240000

bopd to be met from MBA fields

Augmentation of processing capacity and pipeline infrastructure to

deliver currently envisaged basin potential in CY 2013

Total Pipe Diameter

790 mm (32rdquo)

Poly Urethane

Foam Insulation

Heat Tube

High Density

Polyethylene Wrap

MPT

Pipeline

Data as per 20 Oct 2011 press release

10

Rajasthan - Crude Marketing

Worldrsquos longest continuously heated amp insulated

pipeline operational

Sales arrangements in place for 155000 bopd

bull With PSU amp Private refineries

bull Discussions continue with GoI for further nominations

Crude Pricing

bull Reference to comparable low sulphur crude - Bonny

Light

bull Price represents a 10-15 discount to Brent on basis

of prices prevailing for 12 months to Sept 2011

Completion of Salaya to Bhogat section of pipeline

including Bhogat terminal amp marine facility scheduled

for H2 CY 2012

bull Access to 75 of Indiarsquos refining capacity

Viramgam

KoyaliJamnagar

Salaya

Kandla

Mangala

Delivery through ~590 km

heated pipeline

from Barmer to Salaya

Radhanpur

Bhogat

Refinery

Existing Pipelines

Pipeline Route

Tankers to Coastal Refineries

11

Rajasthan - Future Resource And Value Potential

mmbblsmmbbls

Gross Initial

In Place

Volumes

20 additional

discovered

fields including

Barmer Hill

MBA Fields

Raageshwari

and Saraswati

FDP approved

21 Billion boe

~4 Billion boe

~65 Billion boe

Contingent

In Place

MBA

STOIIP

R amp S STOIIP

In Place

Prospective

Most Likely

1293

M

468

B

293

A

78

R amp S

Gas

GIIP

Oil

STOIIP

Contingent

Resource

R amp S 12

M

477

B

151

A 66

707

2P+2C

MBA

EOR

308

MBA EOR

140

BH

+ Others

Barmer Hill

+Other Fields

Risked

Prospective

Resource

250

Risked

Prospects

Leads amp

Concepts

~25 Billion boe in

35+ prospects

Gross Reserves

Resources 1 and Potential2

1 The independent estimates of Reserves and Contingent Resources recently carried out by DampM are in line with the CIL estimates

2 Top 35 prospects audited by DampM risked resource 178 mmbbls

Data as per 23 March 2010 press release

12

Rajasthan - Vision For Growth

FDP

Approved

Production

175000

bopd

Current

Envisaged

Basin potential

240000 bopd

MBAbull MBA Reservoir Performance

bull EOR Pilot Implementation

bull BH Pilots and Development

bull Exploration and Appraisal

Technical and Operational

bull JV Approvals

bull Additional SalesRegulatory

bull Facilities and pipeline

bull EOR full field implementation

bull BH staged development

bull Exploration

Investment

13

Exploration Programme

RAVVAInfill drilling

completed

KG-ONN-20031

Nagayalanka-1Z discovered

Exploration amp Appraisal well

drilling in progress

PR-OSN-20041

Under Force Majeure

RJ-ON-901

Assessing new plays

generate new prospects

SL-2007-01-001

3 exploration well program 1st amp 2nd

wells encountered hydrocarbon 3rd

well drilling in progressSRI LANKA

KK-DWN-20041

Acquired 300 km2 3D

data processing in

progress

NON-OPERATED

OPERATED

Major long term player

Large proprietary database

Experienced team

Successful exploration over 10

years Success ratio ~50

Play based approach to building portfolio

Diversity of basin plays and environments

Ongoing regional petroleum system studies

ldquoDrill Bit explorationrdquo gt190 exploratory

appraisal wells

I N D I AMB-DWN-20091

Under Force Majeure

KG-DWN-982

3 appraisal wells drilled

KG-OSN-20093

Under Force

Majeure

14

Exploration - Sri Lanka Block (SL 2007-01-001)

India

SRI LANKA

50km

SL-2007-01-001

Cairn Lanka 100 Working Interest (NOC back-

in 15)

bull Cairn Indiarsquos first overseas venture

bull Block Area ~3000 km2

bull Water depth 400 -1900m

Under explored frontier basin with multiple

plays

Exploration Program

bull Drilling commenced in August 2011 3

exploration wells program

bull Successive discoveries in the two

exploration wells drilled

bull Establishment of working hydrocarbon

system in the basin

bull 3rd exploration well drilling in progress

15

Engaging with the Community

Strategic Intent

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

Health

Economic

Development

16

Summary

Rajasthan

bull Mangala production at its currently approved plateau of 125000 bopd

bull Delivery to domestic refiners through pipeline

bull Gross field revenue in excess of USD 5 billion

bull Enhanced oil recovery potential pilot ongoing

bull World class resource base ndash focussed on delivery amp growth

bull Vision to produce 240000 bopd achieve significant part from MBA

bull Strong economic contribution to the State of Rajasthan and Government of India

Initiatives to slow down the rate of production decline in Ravva and CB

Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl

Success through innovative application of technology

First overseas discovery made in Sri Lanka 3rd well drilling in progress

For the period Q2 FY 2011-12

17

Contact Details

Investor Relations

Anurag Mantri Group Financial Controller

Email cilircairnindiacom

M +91 ndash 98103 01321

Media

Manu Kapoor Director ndash Corporate Affairs amp Communications

Email cilmediainfocairnindiacom

M +91- 97178 90260

Address

Cairn India Ltd

4th Floor Vipul Plaza

Sun City Sector-54

Gurgaon 122 002 India

wwwcairnindiacom

4

World Class Asset Base

Cambay (CBOS-2)

Cairn (Operator) 40

ONGC 50

Tata Petrodyne 10

Ravva (PKGM-1)

Cairn (Operator) 225

ONGC 40

Videocon 25

Ravva Oil 125

Rajasthan (RJ-ON-901)

Cairn (Operator) 70

ONGC 30

Production Blocks Exploration Potential

Sri Lanka

SL 2007-01-001 WI 100

East Coast

KG-DWN-982 WI 10

KG-ONN-20031 WI 49

PKGM-1 (Ravva) WI 225

KG-OSN-20093 WI 100

PR-OSN-20041 WI 35

Rajasthan

RJ-ON-901 WI 70

West Coast

CBOS-2 WI 40

KK-DWN-20041 WI 40

MB-DWN-20091 WI 100

Q2 FY 2011-12 Average Daily Gross operated production at 169944 boe Cairn (Working Interest) at 99220 boe

10 blocks in the Portfolio

Under Force Majure

5

Growth Strategy

Maximise

recovery from

production base

Execute

Rajasthan

development

Maximise

Potential in

Rajasthan

Identify

new growth

opportunities

Increased Ravva

reserves by 20 in

2010

gt16 years of low cost

operations in Ravva

Initiatives to slow

down production

decline ndash 4D seismic

Infill drilling

GBA agreement for

sharing gas from the

shared reservoir in

CBOS-2

Mangala completed 2

years of production

current production-

125kbopd

Crude transports

through Pipeline

MBA approved peak

production at 175

kbopd

Increased recovery

through EOR pilot

progressing well

gt3000 km2 in Barmer

Basin under contract

Resource base at 65

bn boe

Monetise Barmer Hill

(BH) amp Other Fields

BH DoC filed FDP

under preparation

Vision to produce 240

kbopd significant

part from MBA

Discovery in first

overseas venture in

Sri Lanka

Exploration and

Appraisal drilling in

KG-ONN-20031

New plays in

Rajasthan

Existing portfolio

enhancement

GBA Gas Balancing Agreement MBA Mangala Bhagyam Aishwariya subject to JV and GoI approval amp additional investments

6

Financial Highlights

CFFO is calculated as profit after tax (excluding other income) prior to non-cash expenses (non-cash employee cost

depreciation depletion amortisation and deferred tax) and exploration cost without adjusting exceptional item

The company started sharing Profit Petroleum with the GoI in the Rajasthan block at the rate of 20 under the

Production Sharing Contract (PSC) framework

till 30 Sept 2011

Q2 FY 2011-12 USD million

Net Revenue ~578

EBIDTA ~450

NormalisedReported Profit After Tax (PAT) ~461167

Cash Flow from Operations (CFFO) ~428

Quarterly NormalisedReported EPS INR 1113401 per share

Rajasthan Capex USD million

Gross Net

Exploration 626 564

Development 3222 2255

Total 3848 2819

Net Cash as on 30th Sept 2011 at USD 1458 million

7

Financial Highlights

165

174

161

172

170

68

74

92

104

100

0 50 100 150 200

Q2 FY11

Q3 FY11

Q4 FY11

Q1 FY12

Q2 FY12

Price Realization (USDboe) Gross Production (Kbopd)

577

691

808

830

578

0 200 400 600 800

Revenue

341

448

543

610

461

0 200 400 600 800

Q2 FY11

Q3 FY11

Q4 FY11

Q1 FY12

Q2 FY12

PAT

USD Million

337

455

577

576

428

0 200 400 600 800

Cash Flow from Operations

USD Million

USD Million

PAT and CFFO are without adjusting on time exceptional item of past Rajasthan royalty costs

8

Rajasthan - Frontier to Producing Basin

Development amp ProductionExploration amp Appraisal

ViramgamGujarat

Rajasthan

Koyali

Tankers to

Coastal Refineries

Jamnagar

Salaya

Kandla

Bhogat

AishwariyaBhagyam

Mangala

Oil

Gas

Raageshwari

Mangala

Processing

Terminal

Frontier Exp

1995 - 2002

25 discoveries to date

gt3000 kmsup2 approved development area

9

Rajasthan Update

Mangala production ~125000 bopd reservoir performance as per

expectations

Produced and sold gt60 mmbbls of crude to Indian refiners gross

cumulative field revenue in excess of USD 5 billion to date

Bhagyam ready to commence production subject to GoI approval

Expect to exit FY 2011-12 at 175000bopd with the support of JV

and GoI

Development of Aishwariya underway plan to commence

production in H2 CY 2012 subject to JV and GoI approval

Significant part of currently envisaged basin potential of 240000

bopd to be met from MBA fields

Augmentation of processing capacity and pipeline infrastructure to

deliver currently envisaged basin potential in CY 2013

Total Pipe Diameter

790 mm (32rdquo)

Poly Urethane

Foam Insulation

Heat Tube

High Density

Polyethylene Wrap

MPT

Pipeline

Data as per 20 Oct 2011 press release

10

Rajasthan - Crude Marketing

Worldrsquos longest continuously heated amp insulated

pipeline operational

Sales arrangements in place for 155000 bopd

bull With PSU amp Private refineries

bull Discussions continue with GoI for further nominations

Crude Pricing

bull Reference to comparable low sulphur crude - Bonny

Light

bull Price represents a 10-15 discount to Brent on basis

of prices prevailing for 12 months to Sept 2011

Completion of Salaya to Bhogat section of pipeline

including Bhogat terminal amp marine facility scheduled

for H2 CY 2012

bull Access to 75 of Indiarsquos refining capacity

Viramgam

KoyaliJamnagar

Salaya

Kandla

Mangala

Delivery through ~590 km

heated pipeline

from Barmer to Salaya

Radhanpur

Bhogat

Refinery

Existing Pipelines

Pipeline Route

Tankers to Coastal Refineries

11

Rajasthan - Future Resource And Value Potential

mmbblsmmbbls

Gross Initial

In Place

Volumes

20 additional

discovered

fields including

Barmer Hill

MBA Fields

Raageshwari

and Saraswati

FDP approved

21 Billion boe

~4 Billion boe

~65 Billion boe

Contingent

In Place

MBA

STOIIP

R amp S STOIIP

In Place

Prospective

Most Likely

1293

M

468

B

293

A

78

R amp S

Gas

GIIP

Oil

STOIIP

Contingent

Resource

R amp S 12

M

477

B

151

A 66

707

2P+2C

MBA

EOR

308

MBA EOR

140

BH

+ Others

Barmer Hill

+Other Fields

Risked

Prospective

Resource

250

Risked

Prospects

Leads amp

Concepts

~25 Billion boe in

35+ prospects

Gross Reserves

Resources 1 and Potential2

1 The independent estimates of Reserves and Contingent Resources recently carried out by DampM are in line with the CIL estimates

2 Top 35 prospects audited by DampM risked resource 178 mmbbls

Data as per 23 March 2010 press release

12

Rajasthan - Vision For Growth

FDP

Approved

Production

175000

bopd

Current

Envisaged

Basin potential

240000 bopd

MBAbull MBA Reservoir Performance

bull EOR Pilot Implementation

bull BH Pilots and Development

bull Exploration and Appraisal

Technical and Operational

bull JV Approvals

bull Additional SalesRegulatory

bull Facilities and pipeline

bull EOR full field implementation

bull BH staged development

bull Exploration

Investment

13

Exploration Programme

RAVVAInfill drilling

completed

KG-ONN-20031

Nagayalanka-1Z discovered

Exploration amp Appraisal well

drilling in progress

PR-OSN-20041

Under Force Majeure

RJ-ON-901

Assessing new plays

generate new prospects

SL-2007-01-001

3 exploration well program 1st amp 2nd

wells encountered hydrocarbon 3rd

well drilling in progressSRI LANKA

KK-DWN-20041

Acquired 300 km2 3D

data processing in

progress

NON-OPERATED

OPERATED

Major long term player

Large proprietary database

Experienced team

Successful exploration over 10

years Success ratio ~50

Play based approach to building portfolio

Diversity of basin plays and environments

Ongoing regional petroleum system studies

ldquoDrill Bit explorationrdquo gt190 exploratory

appraisal wells

I N D I AMB-DWN-20091

Under Force Majeure

KG-DWN-982

3 appraisal wells drilled

KG-OSN-20093

Under Force

Majeure

14

Exploration - Sri Lanka Block (SL 2007-01-001)

India

SRI LANKA

50km

SL-2007-01-001

Cairn Lanka 100 Working Interest (NOC back-

in 15)

bull Cairn Indiarsquos first overseas venture

bull Block Area ~3000 km2

bull Water depth 400 -1900m

Under explored frontier basin with multiple

plays

Exploration Program

bull Drilling commenced in August 2011 3

exploration wells program

bull Successive discoveries in the two

exploration wells drilled

bull Establishment of working hydrocarbon

system in the basin

bull 3rd exploration well drilling in progress

15

Engaging with the Community

Strategic Intent

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

Health

Economic

Development

16

Summary

Rajasthan

bull Mangala production at its currently approved plateau of 125000 bopd

bull Delivery to domestic refiners through pipeline

bull Gross field revenue in excess of USD 5 billion

bull Enhanced oil recovery potential pilot ongoing

bull World class resource base ndash focussed on delivery amp growth

bull Vision to produce 240000 bopd achieve significant part from MBA

bull Strong economic contribution to the State of Rajasthan and Government of India

Initiatives to slow down the rate of production decline in Ravva and CB

Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl

Success through innovative application of technology

First overseas discovery made in Sri Lanka 3rd well drilling in progress

For the period Q2 FY 2011-12

17

Contact Details

Investor Relations

Anurag Mantri Group Financial Controller

Email cilircairnindiacom

M +91 ndash 98103 01321

Media

Manu Kapoor Director ndash Corporate Affairs amp Communications

Email cilmediainfocairnindiacom

M +91- 97178 90260

Address

Cairn India Ltd

4th Floor Vipul Plaza

Sun City Sector-54

Gurgaon 122 002 India

wwwcairnindiacom

5

Growth Strategy

Maximise

recovery from

production base

Execute

Rajasthan

development

Maximise

Potential in

Rajasthan

Identify

new growth

opportunities

Increased Ravva

reserves by 20 in

2010

gt16 years of low cost

operations in Ravva

Initiatives to slow

down production

decline ndash 4D seismic

Infill drilling

GBA agreement for

sharing gas from the

shared reservoir in

CBOS-2

Mangala completed 2

years of production

current production-

125kbopd

Crude transports

through Pipeline

MBA approved peak

production at 175

kbopd

Increased recovery

through EOR pilot

progressing well

gt3000 km2 in Barmer

Basin under contract

Resource base at 65

bn boe

Monetise Barmer Hill

(BH) amp Other Fields

BH DoC filed FDP

under preparation

Vision to produce 240

kbopd significant

part from MBA

Discovery in first

overseas venture in

Sri Lanka

Exploration and

Appraisal drilling in

KG-ONN-20031

New plays in

Rajasthan

Existing portfolio

enhancement

GBA Gas Balancing Agreement MBA Mangala Bhagyam Aishwariya subject to JV and GoI approval amp additional investments

6

Financial Highlights

CFFO is calculated as profit after tax (excluding other income) prior to non-cash expenses (non-cash employee cost

depreciation depletion amortisation and deferred tax) and exploration cost without adjusting exceptional item

The company started sharing Profit Petroleum with the GoI in the Rajasthan block at the rate of 20 under the

Production Sharing Contract (PSC) framework

till 30 Sept 2011

Q2 FY 2011-12 USD million

Net Revenue ~578

EBIDTA ~450

NormalisedReported Profit After Tax (PAT) ~461167

Cash Flow from Operations (CFFO) ~428

Quarterly NormalisedReported EPS INR 1113401 per share

Rajasthan Capex USD million

Gross Net

Exploration 626 564

Development 3222 2255

Total 3848 2819

Net Cash as on 30th Sept 2011 at USD 1458 million

7

Financial Highlights

165

174

161

172

170

68

74

92

104

100

0 50 100 150 200

Q2 FY11

Q3 FY11

Q4 FY11

Q1 FY12

Q2 FY12

Price Realization (USDboe) Gross Production (Kbopd)

577

691

808

830

578

0 200 400 600 800

Revenue

341

448

543

610

461

0 200 400 600 800

Q2 FY11

Q3 FY11

Q4 FY11

Q1 FY12

Q2 FY12

PAT

USD Million

337

455

577

576

428

0 200 400 600 800

Cash Flow from Operations

USD Million

USD Million

PAT and CFFO are without adjusting on time exceptional item of past Rajasthan royalty costs

8

Rajasthan - Frontier to Producing Basin

Development amp ProductionExploration amp Appraisal

ViramgamGujarat

Rajasthan

Koyali

Tankers to

Coastal Refineries

Jamnagar

Salaya

Kandla

Bhogat

AishwariyaBhagyam

Mangala

Oil

Gas

Raageshwari

Mangala

Processing

Terminal

Frontier Exp

1995 - 2002

25 discoveries to date

gt3000 kmsup2 approved development area

9

Rajasthan Update

Mangala production ~125000 bopd reservoir performance as per

expectations

Produced and sold gt60 mmbbls of crude to Indian refiners gross

cumulative field revenue in excess of USD 5 billion to date

Bhagyam ready to commence production subject to GoI approval

Expect to exit FY 2011-12 at 175000bopd with the support of JV

and GoI

Development of Aishwariya underway plan to commence

production in H2 CY 2012 subject to JV and GoI approval

Significant part of currently envisaged basin potential of 240000

bopd to be met from MBA fields

Augmentation of processing capacity and pipeline infrastructure to

deliver currently envisaged basin potential in CY 2013

Total Pipe Diameter

790 mm (32rdquo)

Poly Urethane

Foam Insulation

Heat Tube

High Density

Polyethylene Wrap

MPT

Pipeline

Data as per 20 Oct 2011 press release

10

Rajasthan - Crude Marketing

Worldrsquos longest continuously heated amp insulated

pipeline operational

Sales arrangements in place for 155000 bopd

bull With PSU amp Private refineries

bull Discussions continue with GoI for further nominations

Crude Pricing

bull Reference to comparable low sulphur crude - Bonny

Light

bull Price represents a 10-15 discount to Brent on basis

of prices prevailing for 12 months to Sept 2011

Completion of Salaya to Bhogat section of pipeline

including Bhogat terminal amp marine facility scheduled

for H2 CY 2012

bull Access to 75 of Indiarsquos refining capacity

Viramgam

KoyaliJamnagar

Salaya

Kandla

Mangala

Delivery through ~590 km

heated pipeline

from Barmer to Salaya

Radhanpur

Bhogat

Refinery

Existing Pipelines

Pipeline Route

Tankers to Coastal Refineries

11

Rajasthan - Future Resource And Value Potential

mmbblsmmbbls

Gross Initial

In Place

Volumes

20 additional

discovered

fields including

Barmer Hill

MBA Fields

Raageshwari

and Saraswati

FDP approved

21 Billion boe

~4 Billion boe

~65 Billion boe

Contingent

In Place

MBA

STOIIP

R amp S STOIIP

In Place

Prospective

Most Likely

1293

M

468

B

293

A

78

R amp S

Gas

GIIP

Oil

STOIIP

Contingent

Resource

R amp S 12

M

477

B

151

A 66

707

2P+2C

MBA

EOR

308

MBA EOR

140

BH

+ Others

Barmer Hill

+Other Fields

Risked

Prospective

Resource

250

Risked

Prospects

Leads amp

Concepts

~25 Billion boe in

35+ prospects

Gross Reserves

Resources 1 and Potential2

1 The independent estimates of Reserves and Contingent Resources recently carried out by DampM are in line with the CIL estimates

2 Top 35 prospects audited by DampM risked resource 178 mmbbls

Data as per 23 March 2010 press release

12

Rajasthan - Vision For Growth

FDP

Approved

Production

175000

bopd

Current

Envisaged

Basin potential

240000 bopd

MBAbull MBA Reservoir Performance

bull EOR Pilot Implementation

bull BH Pilots and Development

bull Exploration and Appraisal

Technical and Operational

bull JV Approvals

bull Additional SalesRegulatory

bull Facilities and pipeline

bull EOR full field implementation

bull BH staged development

bull Exploration

Investment

13

Exploration Programme

RAVVAInfill drilling

completed

KG-ONN-20031

Nagayalanka-1Z discovered

Exploration amp Appraisal well

drilling in progress

PR-OSN-20041

Under Force Majeure

RJ-ON-901

Assessing new plays

generate new prospects

SL-2007-01-001

3 exploration well program 1st amp 2nd

wells encountered hydrocarbon 3rd

well drilling in progressSRI LANKA

KK-DWN-20041

Acquired 300 km2 3D

data processing in

progress

NON-OPERATED

OPERATED

Major long term player

Large proprietary database

Experienced team

Successful exploration over 10

years Success ratio ~50

Play based approach to building portfolio

Diversity of basin plays and environments

Ongoing regional petroleum system studies

ldquoDrill Bit explorationrdquo gt190 exploratory

appraisal wells

I N D I AMB-DWN-20091

Under Force Majeure

KG-DWN-982

3 appraisal wells drilled

KG-OSN-20093

Under Force

Majeure

14

Exploration - Sri Lanka Block (SL 2007-01-001)

India

SRI LANKA

50km

SL-2007-01-001

Cairn Lanka 100 Working Interest (NOC back-

in 15)

bull Cairn Indiarsquos first overseas venture

bull Block Area ~3000 km2

bull Water depth 400 -1900m

Under explored frontier basin with multiple

plays

Exploration Program

bull Drilling commenced in August 2011 3

exploration wells program

bull Successive discoveries in the two

exploration wells drilled

bull Establishment of working hydrocarbon

system in the basin

bull 3rd exploration well drilling in progress

15

Engaging with the Community

Strategic Intent

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

Health

Economic

Development

16

Summary

Rajasthan

bull Mangala production at its currently approved plateau of 125000 bopd

bull Delivery to domestic refiners through pipeline

bull Gross field revenue in excess of USD 5 billion

bull Enhanced oil recovery potential pilot ongoing

bull World class resource base ndash focussed on delivery amp growth

bull Vision to produce 240000 bopd achieve significant part from MBA

bull Strong economic contribution to the State of Rajasthan and Government of India

Initiatives to slow down the rate of production decline in Ravva and CB

Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl

Success through innovative application of technology

First overseas discovery made in Sri Lanka 3rd well drilling in progress

For the period Q2 FY 2011-12

17

Contact Details

Investor Relations

Anurag Mantri Group Financial Controller

Email cilircairnindiacom

M +91 ndash 98103 01321

Media

Manu Kapoor Director ndash Corporate Affairs amp Communications

Email cilmediainfocairnindiacom

M +91- 97178 90260

Address

Cairn India Ltd

4th Floor Vipul Plaza

Sun City Sector-54

Gurgaon 122 002 India

wwwcairnindiacom

6

Financial Highlights

CFFO is calculated as profit after tax (excluding other income) prior to non-cash expenses (non-cash employee cost

depreciation depletion amortisation and deferred tax) and exploration cost without adjusting exceptional item

The company started sharing Profit Petroleum with the GoI in the Rajasthan block at the rate of 20 under the

Production Sharing Contract (PSC) framework

till 30 Sept 2011

Q2 FY 2011-12 USD million

Net Revenue ~578

EBIDTA ~450

NormalisedReported Profit After Tax (PAT) ~461167

Cash Flow from Operations (CFFO) ~428

Quarterly NormalisedReported EPS INR 1113401 per share

Rajasthan Capex USD million

Gross Net

Exploration 626 564

Development 3222 2255

Total 3848 2819

Net Cash as on 30th Sept 2011 at USD 1458 million

7

Financial Highlights

165

174

161

172

170

68

74

92

104

100

0 50 100 150 200

Q2 FY11

Q3 FY11

Q4 FY11

Q1 FY12

Q2 FY12

Price Realization (USDboe) Gross Production (Kbopd)

577

691

808

830

578

0 200 400 600 800

Revenue

341

448

543

610

461

0 200 400 600 800

Q2 FY11

Q3 FY11

Q4 FY11

Q1 FY12

Q2 FY12

PAT

USD Million

337

455

577

576

428

0 200 400 600 800

Cash Flow from Operations

USD Million

USD Million

PAT and CFFO are without adjusting on time exceptional item of past Rajasthan royalty costs

8

Rajasthan - Frontier to Producing Basin

Development amp ProductionExploration amp Appraisal

ViramgamGujarat

Rajasthan

Koyali

Tankers to

Coastal Refineries

Jamnagar

Salaya

Kandla

Bhogat

AishwariyaBhagyam

Mangala

Oil

Gas

Raageshwari

Mangala

Processing

Terminal

Frontier Exp

1995 - 2002

25 discoveries to date

gt3000 kmsup2 approved development area

9

Rajasthan Update

Mangala production ~125000 bopd reservoir performance as per

expectations

Produced and sold gt60 mmbbls of crude to Indian refiners gross

cumulative field revenue in excess of USD 5 billion to date

Bhagyam ready to commence production subject to GoI approval

Expect to exit FY 2011-12 at 175000bopd with the support of JV

and GoI

Development of Aishwariya underway plan to commence

production in H2 CY 2012 subject to JV and GoI approval

Significant part of currently envisaged basin potential of 240000

bopd to be met from MBA fields

Augmentation of processing capacity and pipeline infrastructure to

deliver currently envisaged basin potential in CY 2013

Total Pipe Diameter

790 mm (32rdquo)

Poly Urethane

Foam Insulation

Heat Tube

High Density

Polyethylene Wrap

MPT

Pipeline

Data as per 20 Oct 2011 press release

10

Rajasthan - Crude Marketing

Worldrsquos longest continuously heated amp insulated

pipeline operational

Sales arrangements in place for 155000 bopd

bull With PSU amp Private refineries

bull Discussions continue with GoI for further nominations

Crude Pricing

bull Reference to comparable low sulphur crude - Bonny

Light

bull Price represents a 10-15 discount to Brent on basis

of prices prevailing for 12 months to Sept 2011

Completion of Salaya to Bhogat section of pipeline

including Bhogat terminal amp marine facility scheduled

for H2 CY 2012

bull Access to 75 of Indiarsquos refining capacity

Viramgam

KoyaliJamnagar

Salaya

Kandla

Mangala

Delivery through ~590 km

heated pipeline

from Barmer to Salaya

Radhanpur

Bhogat

Refinery

Existing Pipelines

Pipeline Route

Tankers to Coastal Refineries

11

Rajasthan - Future Resource And Value Potential

mmbblsmmbbls

Gross Initial

In Place

Volumes

20 additional

discovered

fields including

Barmer Hill

MBA Fields

Raageshwari

and Saraswati

FDP approved

21 Billion boe

~4 Billion boe

~65 Billion boe

Contingent

In Place

MBA

STOIIP

R amp S STOIIP

In Place

Prospective

Most Likely

1293

M

468

B

293

A

78

R amp S

Gas

GIIP

Oil

STOIIP

Contingent

Resource

R amp S 12

M

477

B

151

A 66

707

2P+2C

MBA

EOR

308

MBA EOR

140

BH

+ Others

Barmer Hill

+Other Fields

Risked

Prospective

Resource

250

Risked

Prospects

Leads amp

Concepts

~25 Billion boe in

35+ prospects

Gross Reserves

Resources 1 and Potential2

1 The independent estimates of Reserves and Contingent Resources recently carried out by DampM are in line with the CIL estimates

2 Top 35 prospects audited by DampM risked resource 178 mmbbls

Data as per 23 March 2010 press release

12

Rajasthan - Vision For Growth

FDP

Approved

Production

175000

bopd

Current

Envisaged

Basin potential

240000 bopd

MBAbull MBA Reservoir Performance

bull EOR Pilot Implementation

bull BH Pilots and Development

bull Exploration and Appraisal

Technical and Operational

bull JV Approvals

bull Additional SalesRegulatory

bull Facilities and pipeline

bull EOR full field implementation

bull BH staged development

bull Exploration

Investment

13

Exploration Programme

RAVVAInfill drilling

completed

KG-ONN-20031

Nagayalanka-1Z discovered

Exploration amp Appraisal well

drilling in progress

PR-OSN-20041

Under Force Majeure

RJ-ON-901

Assessing new plays

generate new prospects

SL-2007-01-001

3 exploration well program 1st amp 2nd

wells encountered hydrocarbon 3rd

well drilling in progressSRI LANKA

KK-DWN-20041

Acquired 300 km2 3D

data processing in

progress

NON-OPERATED

OPERATED

Major long term player

Large proprietary database

Experienced team

Successful exploration over 10

years Success ratio ~50

Play based approach to building portfolio

Diversity of basin plays and environments

Ongoing regional petroleum system studies

ldquoDrill Bit explorationrdquo gt190 exploratory

appraisal wells

I N D I AMB-DWN-20091

Under Force Majeure

KG-DWN-982

3 appraisal wells drilled

KG-OSN-20093

Under Force

Majeure

14

Exploration - Sri Lanka Block (SL 2007-01-001)

India

SRI LANKA

50km

SL-2007-01-001

Cairn Lanka 100 Working Interest (NOC back-

in 15)

bull Cairn Indiarsquos first overseas venture

bull Block Area ~3000 km2

bull Water depth 400 -1900m

Under explored frontier basin with multiple

plays

Exploration Program

bull Drilling commenced in August 2011 3

exploration wells program

bull Successive discoveries in the two

exploration wells drilled

bull Establishment of working hydrocarbon

system in the basin

bull 3rd exploration well drilling in progress

15

Engaging with the Community

Strategic Intent

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

Health

Economic

Development

16

Summary

Rajasthan

bull Mangala production at its currently approved plateau of 125000 bopd

bull Delivery to domestic refiners through pipeline

bull Gross field revenue in excess of USD 5 billion

bull Enhanced oil recovery potential pilot ongoing

bull World class resource base ndash focussed on delivery amp growth

bull Vision to produce 240000 bopd achieve significant part from MBA

bull Strong economic contribution to the State of Rajasthan and Government of India

Initiatives to slow down the rate of production decline in Ravva and CB

Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl

Success through innovative application of technology

First overseas discovery made in Sri Lanka 3rd well drilling in progress

For the period Q2 FY 2011-12

17

Contact Details

Investor Relations

Anurag Mantri Group Financial Controller

Email cilircairnindiacom

M +91 ndash 98103 01321

Media

Manu Kapoor Director ndash Corporate Affairs amp Communications

Email cilmediainfocairnindiacom

M +91- 97178 90260

Address

Cairn India Ltd

4th Floor Vipul Plaza

Sun City Sector-54

Gurgaon 122 002 India

wwwcairnindiacom

7

Financial Highlights

165

174

161

172

170

68

74

92

104

100

0 50 100 150 200

Q2 FY11

Q3 FY11

Q4 FY11

Q1 FY12

Q2 FY12

Price Realization (USDboe) Gross Production (Kbopd)

577

691

808

830

578

0 200 400 600 800

Revenue

341

448

543

610

461

0 200 400 600 800

Q2 FY11

Q3 FY11

Q4 FY11

Q1 FY12

Q2 FY12

PAT

USD Million

337

455

577

576

428

0 200 400 600 800

Cash Flow from Operations

USD Million

USD Million

PAT and CFFO are without adjusting on time exceptional item of past Rajasthan royalty costs

8

Rajasthan - Frontier to Producing Basin

Development amp ProductionExploration amp Appraisal

ViramgamGujarat

Rajasthan

Koyali

Tankers to

Coastal Refineries

Jamnagar

Salaya

Kandla

Bhogat

AishwariyaBhagyam

Mangala

Oil

Gas

Raageshwari

Mangala

Processing

Terminal

Frontier Exp

1995 - 2002

25 discoveries to date

gt3000 kmsup2 approved development area

9

Rajasthan Update

Mangala production ~125000 bopd reservoir performance as per

expectations

Produced and sold gt60 mmbbls of crude to Indian refiners gross

cumulative field revenue in excess of USD 5 billion to date

Bhagyam ready to commence production subject to GoI approval

Expect to exit FY 2011-12 at 175000bopd with the support of JV

and GoI

Development of Aishwariya underway plan to commence

production in H2 CY 2012 subject to JV and GoI approval

Significant part of currently envisaged basin potential of 240000

bopd to be met from MBA fields

Augmentation of processing capacity and pipeline infrastructure to

deliver currently envisaged basin potential in CY 2013

Total Pipe Diameter

790 mm (32rdquo)

Poly Urethane

Foam Insulation

Heat Tube

High Density

Polyethylene Wrap

MPT

Pipeline

Data as per 20 Oct 2011 press release

10

Rajasthan - Crude Marketing

Worldrsquos longest continuously heated amp insulated

pipeline operational

Sales arrangements in place for 155000 bopd

bull With PSU amp Private refineries

bull Discussions continue with GoI for further nominations

Crude Pricing

bull Reference to comparable low sulphur crude - Bonny

Light

bull Price represents a 10-15 discount to Brent on basis

of prices prevailing for 12 months to Sept 2011

Completion of Salaya to Bhogat section of pipeline

including Bhogat terminal amp marine facility scheduled

for H2 CY 2012

bull Access to 75 of Indiarsquos refining capacity

Viramgam

KoyaliJamnagar

Salaya

Kandla

Mangala

Delivery through ~590 km

heated pipeline

from Barmer to Salaya

Radhanpur

Bhogat

Refinery

Existing Pipelines

Pipeline Route

Tankers to Coastal Refineries

11

Rajasthan - Future Resource And Value Potential

mmbblsmmbbls

Gross Initial

In Place

Volumes

20 additional

discovered

fields including

Barmer Hill

MBA Fields

Raageshwari

and Saraswati

FDP approved

21 Billion boe

~4 Billion boe

~65 Billion boe

Contingent

In Place

MBA

STOIIP

R amp S STOIIP

In Place

Prospective

Most Likely

1293

M

468

B

293

A

78

R amp S

Gas

GIIP

Oil

STOIIP

Contingent

Resource

R amp S 12

M

477

B

151

A 66

707

2P+2C

MBA

EOR

308

MBA EOR

140

BH

+ Others

Barmer Hill

+Other Fields

Risked

Prospective

Resource

250

Risked

Prospects

Leads amp

Concepts

~25 Billion boe in

35+ prospects

Gross Reserves

Resources 1 and Potential2

1 The independent estimates of Reserves and Contingent Resources recently carried out by DampM are in line with the CIL estimates

2 Top 35 prospects audited by DampM risked resource 178 mmbbls

Data as per 23 March 2010 press release

12

Rajasthan - Vision For Growth

FDP

Approved

Production

175000

bopd

Current

Envisaged

Basin potential

240000 bopd

MBAbull MBA Reservoir Performance

bull EOR Pilot Implementation

bull BH Pilots and Development

bull Exploration and Appraisal

Technical and Operational

bull JV Approvals

bull Additional SalesRegulatory

bull Facilities and pipeline

bull EOR full field implementation

bull BH staged development

bull Exploration

Investment

13

Exploration Programme

RAVVAInfill drilling

completed

KG-ONN-20031

Nagayalanka-1Z discovered

Exploration amp Appraisal well

drilling in progress

PR-OSN-20041

Under Force Majeure

RJ-ON-901

Assessing new plays

generate new prospects

SL-2007-01-001

3 exploration well program 1st amp 2nd

wells encountered hydrocarbon 3rd

well drilling in progressSRI LANKA

KK-DWN-20041

Acquired 300 km2 3D

data processing in

progress

NON-OPERATED

OPERATED

Major long term player

Large proprietary database

Experienced team

Successful exploration over 10

years Success ratio ~50

Play based approach to building portfolio

Diversity of basin plays and environments

Ongoing regional petroleum system studies

ldquoDrill Bit explorationrdquo gt190 exploratory

appraisal wells

I N D I AMB-DWN-20091

Under Force Majeure

KG-DWN-982

3 appraisal wells drilled

KG-OSN-20093

Under Force

Majeure

14

Exploration - Sri Lanka Block (SL 2007-01-001)

India

SRI LANKA

50km

SL-2007-01-001

Cairn Lanka 100 Working Interest (NOC back-

in 15)

bull Cairn Indiarsquos first overseas venture

bull Block Area ~3000 km2

bull Water depth 400 -1900m

Under explored frontier basin with multiple

plays

Exploration Program

bull Drilling commenced in August 2011 3

exploration wells program

bull Successive discoveries in the two

exploration wells drilled

bull Establishment of working hydrocarbon

system in the basin

bull 3rd exploration well drilling in progress

15

Engaging with the Community

Strategic Intent

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

Health

Economic

Development

16

Summary

Rajasthan

bull Mangala production at its currently approved plateau of 125000 bopd

bull Delivery to domestic refiners through pipeline

bull Gross field revenue in excess of USD 5 billion

bull Enhanced oil recovery potential pilot ongoing

bull World class resource base ndash focussed on delivery amp growth

bull Vision to produce 240000 bopd achieve significant part from MBA

bull Strong economic contribution to the State of Rajasthan and Government of India

Initiatives to slow down the rate of production decline in Ravva and CB

Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl

Success through innovative application of technology

First overseas discovery made in Sri Lanka 3rd well drilling in progress

For the period Q2 FY 2011-12

17

Contact Details

Investor Relations

Anurag Mantri Group Financial Controller

Email cilircairnindiacom

M +91 ndash 98103 01321

Media

Manu Kapoor Director ndash Corporate Affairs amp Communications

Email cilmediainfocairnindiacom

M +91- 97178 90260

Address

Cairn India Ltd

4th Floor Vipul Plaza

Sun City Sector-54

Gurgaon 122 002 India

wwwcairnindiacom

8

Rajasthan - Frontier to Producing Basin

Development amp ProductionExploration amp Appraisal

ViramgamGujarat

Rajasthan

Koyali

Tankers to

Coastal Refineries

Jamnagar

Salaya

Kandla

Bhogat

AishwariyaBhagyam

Mangala

Oil

Gas

Raageshwari

Mangala

Processing

Terminal

Frontier Exp

1995 - 2002

25 discoveries to date

gt3000 kmsup2 approved development area

9

Rajasthan Update

Mangala production ~125000 bopd reservoir performance as per

expectations

Produced and sold gt60 mmbbls of crude to Indian refiners gross

cumulative field revenue in excess of USD 5 billion to date

Bhagyam ready to commence production subject to GoI approval

Expect to exit FY 2011-12 at 175000bopd with the support of JV

and GoI

Development of Aishwariya underway plan to commence

production in H2 CY 2012 subject to JV and GoI approval

Significant part of currently envisaged basin potential of 240000

bopd to be met from MBA fields

Augmentation of processing capacity and pipeline infrastructure to

deliver currently envisaged basin potential in CY 2013

Total Pipe Diameter

790 mm (32rdquo)

Poly Urethane

Foam Insulation

Heat Tube

High Density

Polyethylene Wrap

MPT

Pipeline

Data as per 20 Oct 2011 press release

10

Rajasthan - Crude Marketing

Worldrsquos longest continuously heated amp insulated

pipeline operational

Sales arrangements in place for 155000 bopd

bull With PSU amp Private refineries

bull Discussions continue with GoI for further nominations

Crude Pricing

bull Reference to comparable low sulphur crude - Bonny

Light

bull Price represents a 10-15 discount to Brent on basis

of prices prevailing for 12 months to Sept 2011

Completion of Salaya to Bhogat section of pipeline

including Bhogat terminal amp marine facility scheduled

for H2 CY 2012

bull Access to 75 of Indiarsquos refining capacity

Viramgam

KoyaliJamnagar

Salaya

Kandla

Mangala

Delivery through ~590 km

heated pipeline

from Barmer to Salaya

Radhanpur

Bhogat

Refinery

Existing Pipelines

Pipeline Route

Tankers to Coastal Refineries

11

Rajasthan - Future Resource And Value Potential

mmbblsmmbbls

Gross Initial

In Place

Volumes

20 additional

discovered

fields including

Barmer Hill

MBA Fields

Raageshwari

and Saraswati

FDP approved

21 Billion boe

~4 Billion boe

~65 Billion boe

Contingent

In Place

MBA

STOIIP

R amp S STOIIP

In Place

Prospective

Most Likely

1293

M

468

B

293

A

78

R amp S

Gas

GIIP

Oil

STOIIP

Contingent

Resource

R amp S 12

M

477

B

151

A 66

707

2P+2C

MBA

EOR

308

MBA EOR

140

BH

+ Others

Barmer Hill

+Other Fields

Risked

Prospective

Resource

250

Risked

Prospects

Leads amp

Concepts

~25 Billion boe in

35+ prospects

Gross Reserves

Resources 1 and Potential2

1 The independent estimates of Reserves and Contingent Resources recently carried out by DampM are in line with the CIL estimates

2 Top 35 prospects audited by DampM risked resource 178 mmbbls

Data as per 23 March 2010 press release

12

Rajasthan - Vision For Growth

FDP

Approved

Production

175000

bopd

Current

Envisaged

Basin potential

240000 bopd

MBAbull MBA Reservoir Performance

bull EOR Pilot Implementation

bull BH Pilots and Development

bull Exploration and Appraisal

Technical and Operational

bull JV Approvals

bull Additional SalesRegulatory

bull Facilities and pipeline

bull EOR full field implementation

bull BH staged development

bull Exploration

Investment

13

Exploration Programme

RAVVAInfill drilling

completed

KG-ONN-20031

Nagayalanka-1Z discovered

Exploration amp Appraisal well

drilling in progress

PR-OSN-20041

Under Force Majeure

RJ-ON-901

Assessing new plays

generate new prospects

SL-2007-01-001

3 exploration well program 1st amp 2nd

wells encountered hydrocarbon 3rd

well drilling in progressSRI LANKA

KK-DWN-20041

Acquired 300 km2 3D

data processing in

progress

NON-OPERATED

OPERATED

Major long term player

Large proprietary database

Experienced team

Successful exploration over 10

years Success ratio ~50

Play based approach to building portfolio

Diversity of basin plays and environments

Ongoing regional petroleum system studies

ldquoDrill Bit explorationrdquo gt190 exploratory

appraisal wells

I N D I AMB-DWN-20091

Under Force Majeure

KG-DWN-982

3 appraisal wells drilled

KG-OSN-20093

Under Force

Majeure

14

Exploration - Sri Lanka Block (SL 2007-01-001)

India

SRI LANKA

50km

SL-2007-01-001

Cairn Lanka 100 Working Interest (NOC back-

in 15)

bull Cairn Indiarsquos first overseas venture

bull Block Area ~3000 km2

bull Water depth 400 -1900m

Under explored frontier basin with multiple

plays

Exploration Program

bull Drilling commenced in August 2011 3

exploration wells program

bull Successive discoveries in the two

exploration wells drilled

bull Establishment of working hydrocarbon

system in the basin

bull 3rd exploration well drilling in progress

15

Engaging with the Community

Strategic Intent

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

Health

Economic

Development

16

Summary

Rajasthan

bull Mangala production at its currently approved plateau of 125000 bopd

bull Delivery to domestic refiners through pipeline

bull Gross field revenue in excess of USD 5 billion

bull Enhanced oil recovery potential pilot ongoing

bull World class resource base ndash focussed on delivery amp growth

bull Vision to produce 240000 bopd achieve significant part from MBA

bull Strong economic contribution to the State of Rajasthan and Government of India

Initiatives to slow down the rate of production decline in Ravva and CB

Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl

Success through innovative application of technology

First overseas discovery made in Sri Lanka 3rd well drilling in progress

For the period Q2 FY 2011-12

17

Contact Details

Investor Relations

Anurag Mantri Group Financial Controller

Email cilircairnindiacom

M +91 ndash 98103 01321

Media

Manu Kapoor Director ndash Corporate Affairs amp Communications

Email cilmediainfocairnindiacom

M +91- 97178 90260

Address

Cairn India Ltd

4th Floor Vipul Plaza

Sun City Sector-54

Gurgaon 122 002 India

wwwcairnindiacom

9

Rajasthan Update

Mangala production ~125000 bopd reservoir performance as per

expectations

Produced and sold gt60 mmbbls of crude to Indian refiners gross

cumulative field revenue in excess of USD 5 billion to date

Bhagyam ready to commence production subject to GoI approval

Expect to exit FY 2011-12 at 175000bopd with the support of JV

and GoI

Development of Aishwariya underway plan to commence

production in H2 CY 2012 subject to JV and GoI approval

Significant part of currently envisaged basin potential of 240000

bopd to be met from MBA fields

Augmentation of processing capacity and pipeline infrastructure to

deliver currently envisaged basin potential in CY 2013

Total Pipe Diameter

790 mm (32rdquo)

Poly Urethane

Foam Insulation

Heat Tube

High Density

Polyethylene Wrap

MPT

Pipeline

Data as per 20 Oct 2011 press release

10

Rajasthan - Crude Marketing

Worldrsquos longest continuously heated amp insulated

pipeline operational

Sales arrangements in place for 155000 bopd

bull With PSU amp Private refineries

bull Discussions continue with GoI for further nominations

Crude Pricing

bull Reference to comparable low sulphur crude - Bonny

Light

bull Price represents a 10-15 discount to Brent on basis

of prices prevailing for 12 months to Sept 2011

Completion of Salaya to Bhogat section of pipeline

including Bhogat terminal amp marine facility scheduled

for H2 CY 2012

bull Access to 75 of Indiarsquos refining capacity

Viramgam

KoyaliJamnagar

Salaya

Kandla

Mangala

Delivery through ~590 km

heated pipeline

from Barmer to Salaya

Radhanpur

Bhogat

Refinery

Existing Pipelines

Pipeline Route

Tankers to Coastal Refineries

11

Rajasthan - Future Resource And Value Potential

mmbblsmmbbls

Gross Initial

In Place

Volumes

20 additional

discovered

fields including

Barmer Hill

MBA Fields

Raageshwari

and Saraswati

FDP approved

21 Billion boe

~4 Billion boe

~65 Billion boe

Contingent

In Place

MBA

STOIIP

R amp S STOIIP

In Place

Prospective

Most Likely

1293

M

468

B

293

A

78

R amp S

Gas

GIIP

Oil

STOIIP

Contingent

Resource

R amp S 12

M

477

B

151

A 66

707

2P+2C

MBA

EOR

308

MBA EOR

140

BH

+ Others

Barmer Hill

+Other Fields

Risked

Prospective

Resource

250

Risked

Prospects

Leads amp

Concepts

~25 Billion boe in

35+ prospects

Gross Reserves

Resources 1 and Potential2

1 The independent estimates of Reserves and Contingent Resources recently carried out by DampM are in line with the CIL estimates

2 Top 35 prospects audited by DampM risked resource 178 mmbbls

Data as per 23 March 2010 press release

12

Rajasthan - Vision For Growth

FDP

Approved

Production

175000

bopd

Current

Envisaged

Basin potential

240000 bopd

MBAbull MBA Reservoir Performance

bull EOR Pilot Implementation

bull BH Pilots and Development

bull Exploration and Appraisal

Technical and Operational

bull JV Approvals

bull Additional SalesRegulatory

bull Facilities and pipeline

bull EOR full field implementation

bull BH staged development

bull Exploration

Investment

13

Exploration Programme

RAVVAInfill drilling

completed

KG-ONN-20031

Nagayalanka-1Z discovered

Exploration amp Appraisal well

drilling in progress

PR-OSN-20041

Under Force Majeure

RJ-ON-901

Assessing new plays

generate new prospects

SL-2007-01-001

3 exploration well program 1st amp 2nd

wells encountered hydrocarbon 3rd

well drilling in progressSRI LANKA

KK-DWN-20041

Acquired 300 km2 3D

data processing in

progress

NON-OPERATED

OPERATED

Major long term player

Large proprietary database

Experienced team

Successful exploration over 10

years Success ratio ~50

Play based approach to building portfolio

Diversity of basin plays and environments

Ongoing regional petroleum system studies

ldquoDrill Bit explorationrdquo gt190 exploratory

appraisal wells

I N D I AMB-DWN-20091

Under Force Majeure

KG-DWN-982

3 appraisal wells drilled

KG-OSN-20093

Under Force

Majeure

14

Exploration - Sri Lanka Block (SL 2007-01-001)

India

SRI LANKA

50km

SL-2007-01-001

Cairn Lanka 100 Working Interest (NOC back-

in 15)

bull Cairn Indiarsquos first overseas venture

bull Block Area ~3000 km2

bull Water depth 400 -1900m

Under explored frontier basin with multiple

plays

Exploration Program

bull Drilling commenced in August 2011 3

exploration wells program

bull Successive discoveries in the two

exploration wells drilled

bull Establishment of working hydrocarbon

system in the basin

bull 3rd exploration well drilling in progress

15

Engaging with the Community

Strategic Intent

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

Health

Economic

Development

16

Summary

Rajasthan

bull Mangala production at its currently approved plateau of 125000 bopd

bull Delivery to domestic refiners through pipeline

bull Gross field revenue in excess of USD 5 billion

bull Enhanced oil recovery potential pilot ongoing

bull World class resource base ndash focussed on delivery amp growth

bull Vision to produce 240000 bopd achieve significant part from MBA

bull Strong economic contribution to the State of Rajasthan and Government of India

Initiatives to slow down the rate of production decline in Ravva and CB

Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl

Success through innovative application of technology

First overseas discovery made in Sri Lanka 3rd well drilling in progress

For the period Q2 FY 2011-12

17

Contact Details

Investor Relations

Anurag Mantri Group Financial Controller

Email cilircairnindiacom

M +91 ndash 98103 01321

Media

Manu Kapoor Director ndash Corporate Affairs amp Communications

Email cilmediainfocairnindiacom

M +91- 97178 90260

Address

Cairn India Ltd

4th Floor Vipul Plaza

Sun City Sector-54

Gurgaon 122 002 India

wwwcairnindiacom

10

Rajasthan - Crude Marketing

Worldrsquos longest continuously heated amp insulated

pipeline operational

Sales arrangements in place for 155000 bopd

bull With PSU amp Private refineries

bull Discussions continue with GoI for further nominations

Crude Pricing

bull Reference to comparable low sulphur crude - Bonny

Light

bull Price represents a 10-15 discount to Brent on basis

of prices prevailing for 12 months to Sept 2011

Completion of Salaya to Bhogat section of pipeline

including Bhogat terminal amp marine facility scheduled

for H2 CY 2012

bull Access to 75 of Indiarsquos refining capacity

Viramgam

KoyaliJamnagar

Salaya

Kandla

Mangala

Delivery through ~590 km

heated pipeline

from Barmer to Salaya

Radhanpur

Bhogat

Refinery

Existing Pipelines

Pipeline Route

Tankers to Coastal Refineries

11

Rajasthan - Future Resource And Value Potential

mmbblsmmbbls

Gross Initial

In Place

Volumes

20 additional

discovered

fields including

Barmer Hill

MBA Fields

Raageshwari

and Saraswati

FDP approved

21 Billion boe

~4 Billion boe

~65 Billion boe

Contingent

In Place

MBA

STOIIP

R amp S STOIIP

In Place

Prospective

Most Likely

1293

M

468

B

293

A

78

R amp S

Gas

GIIP

Oil

STOIIP

Contingent

Resource

R amp S 12

M

477

B

151

A 66

707

2P+2C

MBA

EOR

308

MBA EOR

140

BH

+ Others

Barmer Hill

+Other Fields

Risked

Prospective

Resource

250

Risked

Prospects

Leads amp

Concepts

~25 Billion boe in

35+ prospects

Gross Reserves

Resources 1 and Potential2

1 The independent estimates of Reserves and Contingent Resources recently carried out by DampM are in line with the CIL estimates

2 Top 35 prospects audited by DampM risked resource 178 mmbbls

Data as per 23 March 2010 press release

12

Rajasthan - Vision For Growth

FDP

Approved

Production

175000

bopd

Current

Envisaged

Basin potential

240000 bopd

MBAbull MBA Reservoir Performance

bull EOR Pilot Implementation

bull BH Pilots and Development

bull Exploration and Appraisal

Technical and Operational

bull JV Approvals

bull Additional SalesRegulatory

bull Facilities and pipeline

bull EOR full field implementation

bull BH staged development

bull Exploration

Investment

13

Exploration Programme

RAVVAInfill drilling

completed

KG-ONN-20031

Nagayalanka-1Z discovered

Exploration amp Appraisal well

drilling in progress

PR-OSN-20041

Under Force Majeure

RJ-ON-901

Assessing new plays

generate new prospects

SL-2007-01-001

3 exploration well program 1st amp 2nd

wells encountered hydrocarbon 3rd

well drilling in progressSRI LANKA

KK-DWN-20041

Acquired 300 km2 3D

data processing in

progress

NON-OPERATED

OPERATED

Major long term player

Large proprietary database

Experienced team

Successful exploration over 10

years Success ratio ~50

Play based approach to building portfolio

Diversity of basin plays and environments

Ongoing regional petroleum system studies

ldquoDrill Bit explorationrdquo gt190 exploratory

appraisal wells

I N D I AMB-DWN-20091

Under Force Majeure

KG-DWN-982

3 appraisal wells drilled

KG-OSN-20093

Under Force

Majeure

14

Exploration - Sri Lanka Block (SL 2007-01-001)

India

SRI LANKA

50km

SL-2007-01-001

Cairn Lanka 100 Working Interest (NOC back-

in 15)

bull Cairn Indiarsquos first overseas venture

bull Block Area ~3000 km2

bull Water depth 400 -1900m

Under explored frontier basin with multiple

plays

Exploration Program

bull Drilling commenced in August 2011 3

exploration wells program

bull Successive discoveries in the two

exploration wells drilled

bull Establishment of working hydrocarbon

system in the basin

bull 3rd exploration well drilling in progress

15

Engaging with the Community

Strategic Intent

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

Health

Economic

Development

16

Summary

Rajasthan

bull Mangala production at its currently approved plateau of 125000 bopd

bull Delivery to domestic refiners through pipeline

bull Gross field revenue in excess of USD 5 billion

bull Enhanced oil recovery potential pilot ongoing

bull World class resource base ndash focussed on delivery amp growth

bull Vision to produce 240000 bopd achieve significant part from MBA

bull Strong economic contribution to the State of Rajasthan and Government of India

Initiatives to slow down the rate of production decline in Ravva and CB

Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl

Success through innovative application of technology

First overseas discovery made in Sri Lanka 3rd well drilling in progress

For the period Q2 FY 2011-12

17

Contact Details

Investor Relations

Anurag Mantri Group Financial Controller

Email cilircairnindiacom

M +91 ndash 98103 01321

Media

Manu Kapoor Director ndash Corporate Affairs amp Communications

Email cilmediainfocairnindiacom

M +91- 97178 90260

Address

Cairn India Ltd

4th Floor Vipul Plaza

Sun City Sector-54

Gurgaon 122 002 India

wwwcairnindiacom

11

Rajasthan - Future Resource And Value Potential

mmbblsmmbbls

Gross Initial

In Place

Volumes

20 additional

discovered

fields including

Barmer Hill

MBA Fields

Raageshwari

and Saraswati

FDP approved

21 Billion boe

~4 Billion boe

~65 Billion boe

Contingent

In Place

MBA

STOIIP

R amp S STOIIP

In Place

Prospective

Most Likely

1293

M

468

B

293

A

78

R amp S

Gas

GIIP

Oil

STOIIP

Contingent

Resource

R amp S 12

M

477

B

151

A 66

707

2P+2C

MBA

EOR

308

MBA EOR

140

BH

+ Others

Barmer Hill

+Other Fields

Risked

Prospective

Resource

250

Risked

Prospects

Leads amp

Concepts

~25 Billion boe in

35+ prospects

Gross Reserves

Resources 1 and Potential2

1 The independent estimates of Reserves and Contingent Resources recently carried out by DampM are in line with the CIL estimates

2 Top 35 prospects audited by DampM risked resource 178 mmbbls

Data as per 23 March 2010 press release

12

Rajasthan - Vision For Growth

FDP

Approved

Production

175000

bopd

Current

Envisaged

Basin potential

240000 bopd

MBAbull MBA Reservoir Performance

bull EOR Pilot Implementation

bull BH Pilots and Development

bull Exploration and Appraisal

Technical and Operational

bull JV Approvals

bull Additional SalesRegulatory

bull Facilities and pipeline

bull EOR full field implementation

bull BH staged development

bull Exploration

Investment

13

Exploration Programme

RAVVAInfill drilling

completed

KG-ONN-20031

Nagayalanka-1Z discovered

Exploration amp Appraisal well

drilling in progress

PR-OSN-20041

Under Force Majeure

RJ-ON-901

Assessing new plays

generate new prospects

SL-2007-01-001

3 exploration well program 1st amp 2nd

wells encountered hydrocarbon 3rd

well drilling in progressSRI LANKA

KK-DWN-20041

Acquired 300 km2 3D

data processing in

progress

NON-OPERATED

OPERATED

Major long term player

Large proprietary database

Experienced team

Successful exploration over 10

years Success ratio ~50

Play based approach to building portfolio

Diversity of basin plays and environments

Ongoing regional petroleum system studies

ldquoDrill Bit explorationrdquo gt190 exploratory

appraisal wells

I N D I AMB-DWN-20091

Under Force Majeure

KG-DWN-982

3 appraisal wells drilled

KG-OSN-20093

Under Force

Majeure

14

Exploration - Sri Lanka Block (SL 2007-01-001)

India

SRI LANKA

50km

SL-2007-01-001

Cairn Lanka 100 Working Interest (NOC back-

in 15)

bull Cairn Indiarsquos first overseas venture

bull Block Area ~3000 km2

bull Water depth 400 -1900m

Under explored frontier basin with multiple

plays

Exploration Program

bull Drilling commenced in August 2011 3

exploration wells program

bull Successive discoveries in the two

exploration wells drilled

bull Establishment of working hydrocarbon

system in the basin

bull 3rd exploration well drilling in progress

15

Engaging with the Community

Strategic Intent

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

Health

Economic

Development

16

Summary

Rajasthan

bull Mangala production at its currently approved plateau of 125000 bopd

bull Delivery to domestic refiners through pipeline

bull Gross field revenue in excess of USD 5 billion

bull Enhanced oil recovery potential pilot ongoing

bull World class resource base ndash focussed on delivery amp growth

bull Vision to produce 240000 bopd achieve significant part from MBA

bull Strong economic contribution to the State of Rajasthan and Government of India

Initiatives to slow down the rate of production decline in Ravva and CB

Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl

Success through innovative application of technology

First overseas discovery made in Sri Lanka 3rd well drilling in progress

For the period Q2 FY 2011-12

17

Contact Details

Investor Relations

Anurag Mantri Group Financial Controller

Email cilircairnindiacom

M +91 ndash 98103 01321

Media

Manu Kapoor Director ndash Corporate Affairs amp Communications

Email cilmediainfocairnindiacom

M +91- 97178 90260

Address

Cairn India Ltd

4th Floor Vipul Plaza

Sun City Sector-54

Gurgaon 122 002 India

wwwcairnindiacom

12

Rajasthan - Vision For Growth

FDP

Approved

Production

175000

bopd

Current

Envisaged

Basin potential

240000 bopd

MBAbull MBA Reservoir Performance

bull EOR Pilot Implementation

bull BH Pilots and Development

bull Exploration and Appraisal

Technical and Operational

bull JV Approvals

bull Additional SalesRegulatory

bull Facilities and pipeline

bull EOR full field implementation

bull BH staged development

bull Exploration

Investment

13

Exploration Programme

RAVVAInfill drilling

completed

KG-ONN-20031

Nagayalanka-1Z discovered

Exploration amp Appraisal well

drilling in progress

PR-OSN-20041

Under Force Majeure

RJ-ON-901

Assessing new plays

generate new prospects

SL-2007-01-001

3 exploration well program 1st amp 2nd

wells encountered hydrocarbon 3rd

well drilling in progressSRI LANKA

KK-DWN-20041

Acquired 300 km2 3D

data processing in

progress

NON-OPERATED

OPERATED

Major long term player

Large proprietary database

Experienced team

Successful exploration over 10

years Success ratio ~50

Play based approach to building portfolio

Diversity of basin plays and environments

Ongoing regional petroleum system studies

ldquoDrill Bit explorationrdquo gt190 exploratory

appraisal wells

I N D I AMB-DWN-20091

Under Force Majeure

KG-DWN-982

3 appraisal wells drilled

KG-OSN-20093

Under Force

Majeure

14

Exploration - Sri Lanka Block (SL 2007-01-001)

India

SRI LANKA

50km

SL-2007-01-001

Cairn Lanka 100 Working Interest (NOC back-

in 15)

bull Cairn Indiarsquos first overseas venture

bull Block Area ~3000 km2

bull Water depth 400 -1900m

Under explored frontier basin with multiple

plays

Exploration Program

bull Drilling commenced in August 2011 3

exploration wells program

bull Successive discoveries in the two

exploration wells drilled

bull Establishment of working hydrocarbon

system in the basin

bull 3rd exploration well drilling in progress

15

Engaging with the Community

Strategic Intent

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

Health

Economic

Development

16

Summary

Rajasthan

bull Mangala production at its currently approved plateau of 125000 bopd

bull Delivery to domestic refiners through pipeline

bull Gross field revenue in excess of USD 5 billion

bull Enhanced oil recovery potential pilot ongoing

bull World class resource base ndash focussed on delivery amp growth

bull Vision to produce 240000 bopd achieve significant part from MBA

bull Strong economic contribution to the State of Rajasthan and Government of India

Initiatives to slow down the rate of production decline in Ravva and CB

Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl

Success through innovative application of technology

First overseas discovery made in Sri Lanka 3rd well drilling in progress

For the period Q2 FY 2011-12

17

Contact Details

Investor Relations

Anurag Mantri Group Financial Controller

Email cilircairnindiacom

M +91 ndash 98103 01321

Media

Manu Kapoor Director ndash Corporate Affairs amp Communications

Email cilmediainfocairnindiacom

M +91- 97178 90260

Address

Cairn India Ltd

4th Floor Vipul Plaza

Sun City Sector-54

Gurgaon 122 002 India

wwwcairnindiacom

13

Exploration Programme

RAVVAInfill drilling

completed

KG-ONN-20031

Nagayalanka-1Z discovered

Exploration amp Appraisal well

drilling in progress

PR-OSN-20041

Under Force Majeure

RJ-ON-901

Assessing new plays

generate new prospects

SL-2007-01-001

3 exploration well program 1st amp 2nd

wells encountered hydrocarbon 3rd

well drilling in progressSRI LANKA

KK-DWN-20041

Acquired 300 km2 3D

data processing in

progress

NON-OPERATED

OPERATED

Major long term player

Large proprietary database

Experienced team

Successful exploration over 10

years Success ratio ~50

Play based approach to building portfolio

Diversity of basin plays and environments

Ongoing regional petroleum system studies

ldquoDrill Bit explorationrdquo gt190 exploratory

appraisal wells

I N D I AMB-DWN-20091

Under Force Majeure

KG-DWN-982

3 appraisal wells drilled

KG-OSN-20093

Under Force

Majeure

14

Exploration - Sri Lanka Block (SL 2007-01-001)

India

SRI LANKA

50km

SL-2007-01-001

Cairn Lanka 100 Working Interest (NOC back-

in 15)

bull Cairn Indiarsquos first overseas venture

bull Block Area ~3000 km2

bull Water depth 400 -1900m

Under explored frontier basin with multiple

plays

Exploration Program

bull Drilling commenced in August 2011 3

exploration wells program

bull Successive discoveries in the two

exploration wells drilled

bull Establishment of working hydrocarbon

system in the basin

bull 3rd exploration well drilling in progress

15

Engaging with the Community

Strategic Intent

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

Health

Economic

Development

16

Summary

Rajasthan

bull Mangala production at its currently approved plateau of 125000 bopd

bull Delivery to domestic refiners through pipeline

bull Gross field revenue in excess of USD 5 billion

bull Enhanced oil recovery potential pilot ongoing

bull World class resource base ndash focussed on delivery amp growth

bull Vision to produce 240000 bopd achieve significant part from MBA

bull Strong economic contribution to the State of Rajasthan and Government of India

Initiatives to slow down the rate of production decline in Ravva and CB

Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl

Success through innovative application of technology

First overseas discovery made in Sri Lanka 3rd well drilling in progress

For the period Q2 FY 2011-12

17

Contact Details

Investor Relations

Anurag Mantri Group Financial Controller

Email cilircairnindiacom

M +91 ndash 98103 01321

Media

Manu Kapoor Director ndash Corporate Affairs amp Communications

Email cilmediainfocairnindiacom

M +91- 97178 90260

Address

Cairn India Ltd

4th Floor Vipul Plaza

Sun City Sector-54

Gurgaon 122 002 India

wwwcairnindiacom

14

Exploration - Sri Lanka Block (SL 2007-01-001)

India

SRI LANKA

50km

SL-2007-01-001

Cairn Lanka 100 Working Interest (NOC back-

in 15)

bull Cairn Indiarsquos first overseas venture

bull Block Area ~3000 km2

bull Water depth 400 -1900m

Under explored frontier basin with multiple

plays

Exploration Program

bull Drilling commenced in August 2011 3

exploration wells program

bull Successive discoveries in the two

exploration wells drilled

bull Establishment of working hydrocarbon

system in the basin

bull 3rd exploration well drilling in progress

15

Engaging with the Community

Strategic Intent

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

Health

Economic

Development

16

Summary

Rajasthan

bull Mangala production at its currently approved plateau of 125000 bopd

bull Delivery to domestic refiners through pipeline

bull Gross field revenue in excess of USD 5 billion

bull Enhanced oil recovery potential pilot ongoing

bull World class resource base ndash focussed on delivery amp growth

bull Vision to produce 240000 bopd achieve significant part from MBA

bull Strong economic contribution to the State of Rajasthan and Government of India

Initiatives to slow down the rate of production decline in Ravva and CB

Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl

Success through innovative application of technology

First overseas discovery made in Sri Lanka 3rd well drilling in progress

For the period Q2 FY 2011-12

17

Contact Details

Investor Relations

Anurag Mantri Group Financial Controller

Email cilircairnindiacom

M +91 ndash 98103 01321

Media

Manu Kapoor Director ndash Corporate Affairs amp Communications

Email cilmediainfocairnindiacom

M +91- 97178 90260

Address

Cairn India Ltd

4th Floor Vipul Plaza

Sun City Sector-54

Gurgaon 122 002 India

wwwcairnindiacom

15

Engaging with the Community

Strategic Intent

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

Health

Economic

Development

16

Summary

Rajasthan

bull Mangala production at its currently approved plateau of 125000 bopd

bull Delivery to domestic refiners through pipeline

bull Gross field revenue in excess of USD 5 billion

bull Enhanced oil recovery potential pilot ongoing

bull World class resource base ndash focussed on delivery amp growth

bull Vision to produce 240000 bopd achieve significant part from MBA

bull Strong economic contribution to the State of Rajasthan and Government of India

Initiatives to slow down the rate of production decline in Ravva and CB

Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl

Success through innovative application of technology

First overseas discovery made in Sri Lanka 3rd well drilling in progress

For the period Q2 FY 2011-12

17

Contact Details

Investor Relations

Anurag Mantri Group Financial Controller

Email cilircairnindiacom

M +91 ndash 98103 01321

Media

Manu Kapoor Director ndash Corporate Affairs amp Communications

Email cilmediainfocairnindiacom

M +91- 97178 90260

Address

Cairn India Ltd

4th Floor Vipul Plaza

Sun City Sector-54

Gurgaon 122 002 India

wwwcairnindiacom

16

Summary

Rajasthan

bull Mangala production at its currently approved plateau of 125000 bopd

bull Delivery to domestic refiners through pipeline

bull Gross field revenue in excess of USD 5 billion

bull Enhanced oil recovery potential pilot ongoing

bull World class resource base ndash focussed on delivery amp growth

bull Vision to produce 240000 bopd achieve significant part from MBA

bull Strong economic contribution to the State of Rajasthan and Government of India

Initiatives to slow down the rate of production decline in Ravva and CB

Proven record of fast track low cost development and production Field Direct Opex ndash USD 2bbl

Success through innovative application of technology

First overseas discovery made in Sri Lanka 3rd well drilling in progress

For the period Q2 FY 2011-12

17

Contact Details

Investor Relations

Anurag Mantri Group Financial Controller

Email cilircairnindiacom

M +91 ndash 98103 01321

Media

Manu Kapoor Director ndash Corporate Affairs amp Communications

Email cilmediainfocairnindiacom

M +91- 97178 90260

Address

Cairn India Ltd

4th Floor Vipul Plaza

Sun City Sector-54

Gurgaon 122 002 India

wwwcairnindiacom

17

Contact Details

Investor Relations

Anurag Mantri Group Financial Controller

Email cilircairnindiacom

M +91 ndash 98103 01321

Media

Manu Kapoor Director ndash Corporate Affairs amp Communications

Email cilmediainfocairnindiacom

M +91- 97178 90260

Address

Cairn India Ltd

4th Floor Vipul Plaza

Sun City Sector-54

Gurgaon 122 002 India

wwwcairnindiacom