RNS Number:9313Z
Kenmare Resources PLC
21 June 2004


               KENMARE RESOURCES PLC ("Kenmare" or "the Company")


              PUBLICATION OF PLACING AND OPEN OFFER DOCUMENTATION

                              OPEN OFFER TIMETABLE


Further to the announcement made on Friday, 18 June, 2004, Kenmare is pleased to
announce that the document relating to the Company's proposed Placing and Open
Offer and convening an Extraordinary General Meeting of the Company for 11.00
a.m. on 14 July, 2004 ("Listing Particulars") is being published and posted to
Shareholders today.


Kenmare also confirms that application has been made to the Irish Stock Exchange
and the UK Listing Authority for in aggregate 331,468,222 New Ordinary Shares
and 82,867,055 New Warrants to be admitted to the Official List of the Irish
Stock Exchange and the Official List of the UK Listing Authority and application
has been made to the Irish Stock Exchange and the London Stock Exchange for such
New Ordinary Shares and New Warrants to be admitted to trading on their
respective main markets for listed securities. It is expected, subject to the
fulfilment of certain conditions as set out in the Listing Particulars, that
admission of the New Ordinary Shares and New Warrants to the Official Lists will
become effective and that dealings therein will commence on 15 July, 2004 (in
the case of the Placing Shares and related New Warrants), and on 23 July, 2004
(in the case of the Open Offer Shares and related New Warrants).


Document Availability

A copy of the Listing Particulars will be submitted to the Irish Stock Exchange
and the UK Listing Authority and will shortly be available for inspection at the
following locations:


Company Announcements Office,

The Irish Stock Exchange,

28 Anglesea Street,

Dublin 2,

Ireland.


Tel: + 353 1 617 4200




Financial Services Authority,

25 The North Colonnade,

Canary Wharf,

London E14 5HS,

United Kingdom.


Tel: + 44 207 066 1000


Placing and Open Offer Timetable

A timetable of the expected dates in relation to the Placing and Open Offer is
set out at the end of this announcement.


Terms defined in the Listing Particulars have the same meaning in this
announcement.


For further information:



Kenmare Resources plc

Michael Carvill

Managing Director

Tel: +353-1-671 0411 or +353-87-674 0110

Tony McCluskey

Finance Director

Tel: +353-1-671 0411 or +353-87-674 0346

Murray Consultants

Conduit PR Ltd

Tom Byrne

Tel: +353 (1) 498 0300 or +353 (86) 810 4224

Leesa Peters

Tel: + 44 207 936 9095 Mob: + 44 (0)781 215 9885

www.kenmareresources.com



                        PLACING AND OPEN OFFER TIMETABLE

The expected timetable in relation to the Placing and Open Offer is as set out
below:


Record Date for the Open Offer               close of business on 16 June, 2004


Despatch of the Listing Particulars and 
of the Open Offer Application Forms                               21 June, 2004

Latest time and date for splitting 
Application Forms (to satisfy bona fide
market claims only)                                   3.00 p.m. on 8 July, 2004

Latest time and date for receipt of Forms 
of Proxy for the Extraordinary General
Meeting                                             11.00 a.m. on 12 July, 2004

Latest time and date for receipt of 
completed application Forms and payment 
in full under the Open Offer                         3.00 p.m. on 12 July, 2004

Time and date of Extraordinary General 
Meeting                                             11.00 a.m. on 14 July, 2004


Admission of the Placing Shares and 
associated New Warrants to the Official
Lists and commencement of dealing therein on 
the Irish Stock Exchange and the London 
Stock Exchange(1) (2) (3)                                         15 July, 2004


CREST accounts expected to be credited 
and definitive certificates expected to 
be despatched in respect of the Placing 
Shares and associated New Warrants no
later than (1) (2) (3)                                            15 July, 2004

Admission of the Open Offer Shares and 
associated New Warrants to the Official
Lists and commencement of dealing therein 
on the Irish Stock Exchange and the
London Stock Exchange(1) (2) (3)                                  23 July, 2004

CREST accounts expected to be credited 
and definitive certificates expected to
be despatched in respect of the Open 
Offer Shares and associated New Warrants 
no later than (1) (2) (3)                                         23 July, 2004

     Notes
                    
     (1)  This is an expected date only and assumes that in aggregate Stg#53 
          million (or such lesser amount as provided for in the relevant
          condition) is raised under the Placing and Open Offer (and if 
          necessary a Supplemental Placing).

     (2)  These dates will be finalised upon fulfilment of the conditions
          as referred to in note (2).

     (3)  Assumes approval of the relevant Resolutions to be proposed and
          considered at the Extraordinary General Meeting.

     (4)  The dates set out in the timetable above may be adjusted by
          Kenmare, in which event details of new dates will be notified, via
          Regulatory Information Services, to the Irish Stock Exchange, the UK
          Listing Authority and the London Stock Exchange and, where appropriate
          to Qualifying Shareholders.

21 June, 2004


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END
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