Notification of Holding in Company

By:

M&G Investments
Management Limited
Laurence Pountney Hill
London
EC4R 0HH

To:

The Company Secretary
Kenmare Resources plc
Chatham House
Chatham Street
Dublin 2
Ireland.

14 July 2006


Companies Act 1985 (as amended):
Disclosure of Interests in Shares

In accordance with Part VI of the Companies Act 1985 (as amended)
(the 'Act'), we write to inform you that Prudential plc and certain
of its subsidiary companies have a notifiable interest in the issued
share capital of your company as detailed in the attached schedule.

In addition to this holding we also have the following holdings in
the form of warrants:

Kenmare Resources WTS 23/07/09 - 12,038,655

Which represents 15.27% of the 78,834,438 shares in issue

For the purposes of S210 of the Act, the address for those companies
identified in the attached schedule is Laurence Pountney Hill London
EC4R OHH.

Yours faithfully,



Lara Shitty-Bey
For and on behalf of Prudential plc


Direct Line: 020 7548 2293
Direct Fax:  020 7548 3268




    Notifiable Position Report for Kenmare Resources ORD EUR0.06
                         as at 12 July 2006


Percentage holdings are calculated using an issued share capital of
677,074,337 ORD EUR0.06 shares


               Registered Holder                                    %
                                        Holding

M&G Limited                              108,759,629            16.06

               Chase Nominees Ltd          3,537,500
               Nortrust Nominee Ltd       64,691,269
               a/c MKK01
               Nortrust Noms Ltd a/c      17,783,069
               MEB01
               Nortrust Noms Ltd a/c      17,825,316
               MEJ01
               Pruclt Hsbc Gis             4,922,475
               Nom(UK) PPL AC



M&G Securities                           100,299,654            14.81

               Nortrust Nominee Ltd       64,691,269
               a/c MKK01
               Nortrust Noms Ltd a/c      17,783,069
               MEB01
               Nortrust Noms Ltd a/c      17,825,316
               MEJ01



End of Report

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Copyright � Hugin ASA 2006. All rights reserved.
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